It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025. Into the mix go earnings from heavyweights including Apple and Tesla, and likely market spikes from comments by new U.
Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.
Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady against most other currencies after the Federal Reserve left rates unchanged.
The euro pared session losses and benchmark bond yields fell near to a three-week trough after the European Central Bank cut interest rates by a quarter point, saying it expects inflation to fall back to its target later in the year.
Into the mix go earnings from heavyweights including Apple and Tesla, and likely market spikes ... and PCE inflation in the U.S. since 2019. The ECB is set to cut rates again by another 25 bps ...
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta Platforms rallies 4.4% after strong profit report and AI investment commitment,
World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut a quarter-point interest rate to 2.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday after a rush of profit reports from some of the country's most influential companies.
Meta and Tesla shares rally. Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
On Wall Street, Tesla drove 2.9% higher even though Elon Musk’s electric-vehicle company reported a weaker profit for the latest quarter than analysts expected. Mr Musk asserted Tesla will offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June.
And Tesla earnings miss the mark amid tough Chinese competition. ECB President Christine Lagarde painted a weaker outlook for the Eurozone. Ata mārie and welcome to the end of January and another working week. Here’s what you need to know from around the world overnight.
Meta Platforms and most other U.S. stocks are rising, but drops for Nvidia and Microsoft are weighing on the market. The S&P 500 rose 0.1% in midday trading Thursday. The