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Cryptocurrencies
Ethereum Co-Founder Lubin: Whales Are Manipulating ETH Price
Major fluctuations in the Ethereum (ETH) market yesterday triggered a wave of reactions across social media, with one Ethereum co-founder claiming that certain large holders—or “whales”—were deliberately pushing the asset’s price downward. The activity reached a fever pitch on Monday, February 4, wh...
NewsBTC
Feb 4, 2025
Other
PepsiCo forecasts annual profit below expectations
Feb 4 (Reuters) - Pepsico PEP.O forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday, as the Frito-Lay maker faces weakening demand for its sodas and snacks in the U.S., its largest market. Americans are still paring back spending on sodas and salty snacks to s...
Reuters
Feb 4, 2025
Stocks
Amcor reports second quarter and first half result. Reaffirms fiscal 2025 outlook
December 2024 Quarter Highlights: Further sequential improvement in year over year volume growth; Net sales of $3,241 million; GAAP Net income of $163 million; GAAP diluted earnings per share (EPS) of 11.3 cps; Adjusted EBIT of $363 million, up 5% on a comparable constant currency basis; ...
PR Newswire
Feb 4, 2025
Stocks
Prediction: This Artificial Intelligence (AI) Stock Could Leave Palantir in the Dust in 2025
Palantir (NASDAQ: PLTR) has been a popular artificial intelligence (AI) stock pick over the past year. It surged by about 340% in 2024 and recently notched a new all-time high. However, there are other AI stocks that are even more promising. One of them is SoundHound AI (NASDAQ: SOUN), which is grow...
The Motley Fool
Feb 4, 2025
Other
Kennedy's bid for top US health job may hinge on wary Republican doctor
Kennedy faces committee confirmation vote on TuesdaySenator Cassidy wary of Kennedy's anti-vaccine viewsCrossing Trump could harm Kennedy politicallyBy Gabriella Borter, Stephanie Kelly WASHINGTON, Feb 4 (Reuters) - Robert F. Kennedy Jr.'s confirmation as the top U.S. health official - on...
Reuters
Feb 4, 2025
Other
Trump tariff drama carries high stakes for US automakers, car buyers
Tariffs could cost automakers $110 million daily, $40 billion annually, analysts saySuppliers adding 'tariff fee' to invoices, potentially affecting automakers and consumersGM's production heavily reliant on Mexico, Canada; shifting entirely to US challengingBy Kalea Hall, Nora Eckert an...
Reuters
Feb 4, 2025
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025March 18-19 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)May 6-7 (second day: statement released 1400 EDT/1800...
Reuters
Feb 4, 2025
Other
Ecuador's Noboa touts law and order progress as he seeks reelection
Ecuador presidential election is on Feb. 9Security remains biggest issue for many votersPresident Noboa cites fall in violent crime and use of militaryOpponents say more needs to be doneBy Alexandra Valencia QUITO, Feb 4 (Reuters) - Drug-related violence that has rocked Ecuador in recent years is...
Reuters
Feb 4, 2025
Other
Spotify forecasts profit above estimates on subscriber growth, price increases
Feb 4 (Reuters) - Spotify forecast first-quarter profit above market estimates on Tuesday as the Swedish audio-streaming giant benefits from steady user growth, price hikes and a cost-cutting drive.The company SPOT.N expects operating income of 548 million euros ($566.19 million) in the current quar...
Reuters
Feb 4, 2025
Other
Panasonic raises battery unit's earnings outlook, pursues group management reform
Repeats story that ran earlier, with no changes TOKYO, Feb 4 (Reuters) - Japan's Panasonic Holdings 6752.T raised the full-year earnings forecast for its energy unit, which supplies batteries to Tesla TSLA.O, on stronger sales of energy storage systems and improved profitability at its U.S. b...
Reuters
Feb 4, 2025
Stocks
1 Wall Street Analyst Thinks This Artificial Intelligence (AI) Chip Stock Could Benefit From DeepSeek's Breakthrough
Chinese artificial intelligence (AI) start-up DeepSeek sent shares of major technology companies into a tailspin after it revealed a highly cost-effective AI model that was trained using limited resources but is competent enough to match the performance of more powerful and expensive models from the...
The Motley Fool
Feb 4, 2025
Stocks
BUZZ-Crypto stocks fall tracking bitcoin weakness
** Shares of cryptocurrency and blockchain-related companies fall premarket as Bitcoin falls nearly 3%, extending losses from a 4-plus% decline on Monday** Cryptocurrency prices slide as U.S. tariffs on China spark fears of a global trade war and high inflation** Bitcoin BTC=, the world's bigges...
Reuters
Feb 4, 2025
Other
EU will be ready for tough negotiations with US, von der Leyen says
BRUSSELS, Feb 4 (Reuters) - The European Union will be ready for tough negotiations with the United States to protect its own interests against the threat of heightened trade tariffs, EU Commission President Ursula von der Leyen said on Tuesday."Our first priority is now to work on the many area...
Reuters
Feb 4, 2025
Forex
USD/CAD trades cautiously above 1.4400 as Trump delays tariffs on Canada
The USD/CAD pair trades with caution around 1.4430 in Tuesday’s European session.
USD/CAD
Fxstreet
Feb 4, 2025
Stocks
Got $5,000? Better Cryptocurrency to Buy Right Now: Dogecoin vs. Solana
Dogecoin (CRYPTO: DOGE) and Solana (CRYPTO: SOL) are both cryptocurrencies, but their similarities end there. Whereas one is a serious blockchain with a thriving ecosystem of different projects and a slew of different catalysts in play, the other is the king of meme coins, with little in the way of ...
The Motley Fool
Feb 4, 2025
Other
Trump to target UN rights body and Palestinian relief agency
Trump quit UN rights council, cut UNRWA funding in first termTrump moves coincide with visit by Israel's NetanyahuTrump has also quit World Health Organization, climate dealAdds comment from UN in paragraphs 3-4By Jeff Mason and Michelle Nichols WASHINGTON, Feb 4 (Reuters) - U.S. President Do...
Reuters
Feb 4, 2025
Stocks
Where Will MicroStrategy Stock Be in 5 Years?
Bitcoin has done well for investors during the past three years, recently hitting an all-time high. MicroStrategy (NASDAQ: MSTR), which has gone all in on buying Bitcoin, has done even better. During the past three years, the S&P 500 index is up 38%, Bitcoin is up 159%, and MicroStrategy is up almos...
The Motley Fool
Feb 4, 2025
Other
U.S. tariffs will not affect Rheinmetall business, says CEO
BERLIN, Feb 4 (Reuters) - U.S. tariffs will not have an effect on the business of German arms maker Rheinmetall, its CEO Armin Papperger said at a Handelsblatt conference in Berlin on Tuesday, arguing that the company has several factories in the United States.
Reuters
Feb 4, 2025
Stocks
LIVE MARKETS-A "fascinating" earnings season ahead for UK banks
STOXX 600 broadly unchangedTech biggest gainer, led by InfineonUBS buyback plan fails to impress U.S. futures slightly lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com. A "F...
Reuters
Feb 4, 2025
Other
Deals of the day-Mergers and acquisitions
Feb 4 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Tuesday:** U.S. private equity firm KKR KKR.N has sweetened its offer for Japan's Fuji Soft 9749.T by 4%, the latest salvo in its protracted and messy bidding war with Bain Capital for the $4 b...
Reuters
Feb 4, 2025
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