News
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Stocks
PayPal full-year forecast tops estimates amid shift in focus to profitable growth
Investing.com - PayPal (NASDAQ:PYPL)'s earnings outlook for its 2025 financial year beat estimates, while fourth-quarter income also topped Wall Street expectations, in a potential sign of progress inInvesting.com
Feb 4, 2025
Other
Curis Inc expected to post a loss of $1.36 a share - Earnings Preview
Curis Inc CRIS.OQ CRIS.O is expected to show a fall in quarterly revenue when it reports results on February 6 (estimated) for the period ending December 31 2024The Lexington Massachusetts-based company is expected to report a 24.3% decrease in revenue to $2.04 million from $2.7 million a year ago...Reuters
Feb 4, 2025
Technical Analysis
GBP down modestly on the session – Scotiabank
The Pound Sterling (GBP) is trading down a little on the session after a two-cent rebound from yesterday’s intraday low and stretch gains against the EUR to retest the mid-0.82 zone on the cross, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Feb 4, 2025
Other
SUBBED EMBARGO 8am ET - Swiss Re: ILS market to exceed $50bn outstanding notional mark in “near future”
By Michael LoneyFeb 4 - (The Insurer) - Following a record issuance of $17.2bn in 2024, the ILS market is poised to push past the $50bn outstanding notional mark soon, according to a new Swiss Re report.Swiss Re said that the ILS market “continued the growth trend of recent years in 2024, with the l...Reuters
Feb 4, 2025
Other
RPT-BREAKINGVIEWS-AI giants’ less-is-more logic bears three caveats
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Robert Cyran NEW YORK, Feb 3 (Reuters Breakingviews) - Bosses of big technology firms may find reassurance in comparing artificial intelligence to a lump of coal. Claimed cost-efficiency breakthroughs made by ...Reuters
Feb 4, 2025
Other
RPT-BREAKINGVIEWS-Trade war brinksmanship reveals US vulnerability
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Gabriel Rubin WASHINGTON, Feb 3 (Reuters Breakingviews) - Another weekend, another potentially aborted trade war. After threatening immediate 25% tariffs on Colombian goods only to reverse course, U.S. Preside...Reuters
Feb 4, 2025
Commodities
RPT-COLUMN-China kills energy trade with the US, but initial impact is limited: Russell
Repeats story published earlier on TuesdayBy Clyde Russell CAPE TOWN, Feb 4 (Reuters) - The trade in crude oil, liquefied natural gas and coal between the United States and China is effectively dead after Beijing responded to President Donald Trump's tariffs with measures of its own.China, th...Reuters
Feb 4, 2025
Other
Morning News Call - Canada, February 4
To access a PDF version of this newsletter, please click hereYou can read Morning News Call Canada via TOPNEWS Canada page.If you would like to receive this newsletter through your email, please register at:https://solutions.lseg.com/MorningNewsCallEN-subscription-pageCOMPANIES REPORTING RESULTSFebr...Reuters
Feb 4, 2025
Commodities
FACTBOX-China's curbs on exports of strategic minerals
Adds impact on western countries to paragraph 3By Amy Lv and Lewis Jackson BEIJING, Feb 4(Reuters) - China announced sweeping export controls on Tuesday targeting five metals used across defence, clean energy and other industries, minutes after an additional 10% tariff on Chinese goods imposed by...Reuters
Feb 4, 2025
Technical Analysis
CAD steadies after hugely volatile Monday – Scotiabank
USD/CAD peaked just under 1.48 yesterday and traded back to a little under 1.44 just before the close in one of the wildest days of spot movement since the GFC, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Fxstreet
Feb 4, 2025
Commodities
EUROPE GAS-Prices fall on mixed temperature outlook, strong renewable output
Updates prices, adds detail on renewables, Italy storage reportFeb 4 (Reuters) - Dutch and British wholesale gas prices fell on Tuesday morning, retreating from a 15-month high in the previous session as mixed temperature forecasts and higher renewable output weighed on the market.The benchmark fron...Reuters
Feb 4, 2025
Stocks
Xylem Inc reports results for the quarter ended December 31 - Earnings Summary
Xylem Inc XYL.N reported quarterly adjusted earnings of $1.18 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 99 cents. The mean expectation of sixteen analysts for the quarter was for earnings of $1.13 per share. Wall Street e...Reuters
Feb 4, 2025
Other
BUZZ-TD Cowen cuts DraftKings PT on taxes, potential gambling losses
** TD Cowen cuts PT on online sports betting giant DraftKings DKNG.O to $51 from $55, citing tax headwinds and potentially elevated gambling losses ** Brokerage says tax hikes on gross gaming revenue could affect margins** Says same game parlays (SGPs) introduce volatility for operators in periods o...Reuters
Feb 4, 2025
Technical Analysis
USD settles back but tariff uncertainty to persist – Scotiabank
That was exhausting. Yesterday brought a mix of news on tariffs that likely reflects the sort of swings in sentiment we will have to expect as President Trump wields the tariff hammer on the US’ main trading partners, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Feb 4, 2025
Other
ANALYSIS-Trump tariffs will only add to the pain for hard-hit Nissan
US is top market by sales for Nissan, Honda and ToyotaNissan sources more US sales from Mexico than Honda, ToyotaTariff threat complicates Nissan-Honda merger plansBy Daniel Leussink and Maki Shiraki TOKYO, Feb 4 (Reuters) - One of the biggest casualties of Donald Trump's potential tariffs on...Reuters
Feb 4, 2025
Stocks
BUZZ-Pfizer rises on better-than-expected quarterly results
** Shares of drugmaker Pfizer PFE.N rise ~2% to $26.72 premarket** Co reports Q4 adj. profit of 63 cents per share, above analysts' est. of 47 cents, according to data compiled by LSEG, driven by strong sales of its heart disease drug and COVID-19 vaccine sales** Co posts Q4 sales of $17.76 bln ...Reuters
Feb 4, 2025
Cryptocurrencies
5 Promising Meme Coins to Buy as Trump Pauses Canada & Mexico Tariffs
Ethereum and Solana have bounced back into full recovery mode after Donald Trump agreed to temporarily suspend tariffs on Canada and Mexico, signaling bullish times for meme coins. Since yesterday, $ETH has spiked from $2.5K to $2.7K, and $SOL has rebounded from $183 to $209. Why? Because when globa...NewsBTC
Feb 4, 2025
