Latest News View More Oil Steadies as Trump’s Reciprocal Tariffs Add to Trade Tensions (Bloomberg) -- Oil steadied as the market digested the fallout from President Donald Trump’s order of potential reciprocal tariffs on US trading partners.Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank SaysBrent was near $75 a barrel after a modest decline on Thursday, whi Bloomberg • 27 minutes ago Singapore Ended 2024 With Stronger Growth as Trade War Looms Major currencies steady as markets size up PPI optimism, tariffs Asian Stocks Gain as Tariff Timeline Lifts Mood: Markets Wrap Trump’s Tariff Vow Risks Derailing Banner Year for Malaysia Canva Tests Cheap Plans in Emerging Markets After India Progress Singapore Weighs Tax Incentives to Help Revive Stock Market Stock Market News View More Stock market today: Dow, S&P 500, Nasdaq futures flutter up amid Trump tariff moves Stock futures hovered around baseline post-market close Thursday evening. Yahoo Finance • 3 minutes ago NQ=F YM=F Airbnb Swings to Bigger-Than-Expected Profit, Sending Stock Soaring China Money Markets Face $411 Billion Crunch as Congress Nears Nu Skin (NYSE:NUS) Surprises With Q4 Sales, Stock Jumps 22.3% DaVita (NYSE:DVA) Posts Better-Than-Expected Sales In Q4 But Stock Drops PacBio (NASDAQ:PACB) Misses Q4 Sales Targets DexCom’s (NASDAQ:DXCM) Q4: Beats On Revenue Earnings View More Cyber Firm Palo Alto Falls on Disappointing Earnings Outlook (Bloomberg) -- Palo Alto Networks Inc. sank after issuing a disappointing earnings outlook for the current quarter, despite rivals including Fortinet Inc. and Check Point Software Technologies Ltd. posting strong results. Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MaySaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Say Bloomberg • 4 hours ago PANW Q4 Earnings Highlights: Bowlero (NYSE:BOWL) Vs The Rest Of The Consumer Discretionary Stocks Hertz (NASDAQ:HTZ) Reports Sales Below Analyst Estimates In Q4 Earnings, Stock Drops AMC Networks (AMCX) To Report Earnings Tomorrow: Here Is What To Expect Newmark (NMRK) Q4 Earnings: What To Expect TreeHouse Foods (THS) Reports Earnings Tomorrow: What To Expect What To Expect From Marcus & Millichap’s (MMI) Q4 Earnings Fed Chair Powell's disinflation narrative is still 'intact' January's Consumer Price Index (CPI) data exceeded economist expectations, showing inflation to have risen 3.0% annually. Reported Thursday morning, January's Producer Price Index (PPI) print also came out hotter than expected, as prices rose 0.4% month-over-month and 3.5% year-over-year. Inflation Insights president Omair Sharif joins Catalysts to analyze what this data means for future inflation trends, including the Federal Reserve's preferred inflation gauge — the Personal Consumption Expenditures (PCE) — due out on Friday, February 28. Sharif suggests that despite the hot PPI reading, it was still "good news" following yesterday's slightly elevated CPI report. He explains that the combination of these two indicators suggests the core PCE price index for January will "come in right around 0.25%." "We're continuing to creep our way toward the Fed's 2% target," he tells Yahoo Finance while acknowledging that inflation in sectors like automobiles and shelter costs remain elevated. Nevertheless, he emphasizes that "that story that [Fed] Chair Powell has told about disinflation being in a good place is still very much intact." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith 05:54 SailPoint CEO talks company's IPO, regulation under Trump 03:53 Trump delays reciprocal tariffs. Will they level the playing field? 04:36 Coinbase earnings: The factors that matter more than the Q4 beat 05:52 Informatica stock dives on earnings: CEO names 2 'core issues' From the Yahoo Finance Newsroom View More GameStop stock pops after report company may invest in crypto JPMorgan’s Dimon wants Washington to 'look at all the rules and regulations' affecting big banks Stock market today: S&P 500 nears record, Dow, Nasdaq jump as Trump announces reciprocal tariffs, delays implementation Hims & Hers stock sees another spike in trading days after Super Bowl ad McMahon promises she'll implement public service loan forgiveness — even if DOGE tells her not to Donald Trump signs his plan for reciprocal tariffs — but with a delay Nissan CEO says it will be 'difficult to survive' without partnerships after Honda merger collapses CVS needs a more streamlined healthcare services strategy: CEO Joyner Premium News View More Creator Economy: TikTok Employees Have Something Else to Fret About U.S. TikTok Employees Flee to Meta, Google Airbnb Swings to Higher-Than-Expected Quarterly Earnings, Revenue; Shares Rally After Hours Housing Supply Climbs to Highest Level Since 2020 as Pending Sales Skid, Redfin Says Weekly Jobless Claims Fall More Than Expected; Oxford Economics Sees Only One Rate Cut in 2025 Equities Rise Intraday as Traders Parse Earnings, Macro Data Hyatt Hotels Quarterly Earnings, Revenue Unexpectedly Drop; Shares Fall Intraday US Foods' Quarterly Sales Weighed Down by Hurricane-Driven Volume Weakness Housing View More 5 Worst Florida Cities To Buy Property in the Next 5 Years, According to Real Estate Agents Real estate comps: How they work and why they matter Average US rate on a 30-year mortgage eases to 6.87%, fourth straight weekly decline 20 Cities Earning the Least Money for Real Estate Investors California’s $1 Billion Insurer Bailout Deepens Housing Strains The payment trick that could wipe £16k off your mortgage 20 Housing Markets Where Homes Will Skyrocket in Value Before the End of 2025 Mortgage and refinance rates today, February 13, 2025: Rates are stagnant but could increase soon Personal Finance Limited-time only — Earn Southwest’s Companion Pass as a credit card welcome bonus Yahoo Personal Finance • 5 hours ago Can a high-yield savings account replace your 401(k)? You can still report badly behaving banks to the CFPB Tech Canva Tests Cheap Plans in Emerging Markets After India Progress Bloomberg • 50 minutes ago ADBE Applied Materials Gives Tepid Forecast, Cites China Rules Vale in advanced talks to sell Brazil renewable assets to GIP, sources say Crypto Bitcoin at $96K, Trump’s tariffs, and CZ reveals his dog's name — This week in crypto TheStreet • 1 hour ago Bitcoin Optimism to Defy Tariff Volatility Ahead: Crypto ETFs in Focus GameStop Stock Pops on Report Video Game Seller Is Considering Investing in Bitcoin More News Hyatt Stock Falls as Company Says Election, Jewish Holidays Weighed on Q4 Results Hyatt Hotels on Thursday reported worse-than-expected fourth-quarter results, and it said group demand was impacted by the U.S. presidential election and the timing of Jewish holidays. Fed's Powell sees a ways to go on shrinking Fed holdings Over two days of testimony this week before Congress, Federal Reserve Chairman Jerome Powell indicated there's no imminent end to the central bank's balance sheet wind down process, as some banks have moved to push back their own end date for a process commonly referred to as quantitative tightening. “I think we have a ways to go” on reducing the size of central bank bond holdings and there are no signs yet that market liquidity has shrunk enough to affect the Fed's reduction in holdings of Treasury and mortgage bonds, Powell told a House panel Wednesday. Powell's observations on quantitative tightening, or QT, comes as the Fed has shed just over $2 trillion from its holdings. US producer inflation trends higher; labor market remains stable WASHINGTON (Reuters) -U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest rates before the second half of the year. Economists warned inflation was set to trend even higher as President Donald Trump presses ahead with broad tariffs on imports as well as mass deportations that could cause labor shortages and raise wages and prices of goods. "The report does give pause to rate cut expectations, however, as higher business costs are likely to translate into upward pressure on consumer prices in the months to come," said Kurt Rankin, a senior economist at PNC Financial. Alibaba to partner with Apple on AI features, sending shares to 3-year high SHANGHAI (Reuters) -Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move likely to help the U.S. company ease falling smartphone sales in its key market. For Alibaba, the partnership is a major win in China's competitive AI market that is home to DeepSeek, which made headlines this year with models developed at a fraction of the cost of Western rivals. The landmark deal also resolves months of speculation over Apple's AI strategy in the region as the iPhone maker had been in talks with Chinese tech leaders including Baidu, ByteDance and Tencent, Reuters and the Information have reported. Intel stock has gotten an unexpected boost from JD Vance US Vice President JD Vance said Trump will "ensure" AI chips are made in the US. Analyst Report: Barclays PLC Barclays is a universal bank headquartered in the United Kingdom. It operates via five principal segments; UK (retail), UK corporate bank, private bank and wealth management, investment bank, and US consumer bank. In its UK segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. Goldman Sachs gobbles up Bitcoin and Ethereum as crypto ETF holdings soar past $2 billion The investment bank isn't the only Wall Street titan gobbling up crypto. Financial firms hated US consumer watchdog, but rapid unraveling creates limbo At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration's decision to abruptly stop work at the Consumer Financial Protection Bureau (CFPB) and question its existence was good news for the industry. The CFPB had some good consumer protection rules, especially when it came to areas like payday lenders, he said, according to a recording of the meeting that Reuters reviewed, which has not been previously reported. "The only good I'll say about the CFPB is there are consumer protection rules that are good," said Dimon. On The Hunt For Magnificent Earnings Growth? Check These 7 Stocks. None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth. Trump selects Brian Quintenz to head CFTC as agency's oversight over crypto may grow Quintenz previously served as CFTC commissioner and is currently leading policy at a16z's crypto arm.
