Intel Shares Gain Despite Revenue Challenges Intel shares rose 1.7% premarket on Friday, as the company’s quarterly revenue exceeded low expectations. However, concerns remain over its ongoing CEO search and…
Exxon Mobil Surpasses Q4 Profit Expectations Exxon Mobil posted a $7.39 billion profit for the fourth quarter, exceeding Wall Street estimates of $1.67 per share versus the expected $1.56. Despite…
Bitcoin Surges 150% Year-Over-Year, Holding Firm at $105K Bitcoin’s remains steady at $105,725, marking a nearly 150% increase from its $42,582 price a year ago. Despite its volatility, the digital…
DeepSeek’s AI Disruption Shakes the Tech Industry The emergence of Chinese AI startup DeepSeek has sent shockwaves through the tech sector, triggering a major selloff in Nvidia stock. However, some…
US Economy Expands at a Solid Pace in Late 2024 The US economy grew at an annualized 2.3% in the fourth quarter of 2024, following a 3.1% expansion in the…
Federal Reserve’s 2025 Policy Outlook As the Federal Reserve enters 2025, two major questions dominate discussions: how many rate cuts will occur, and how the central bank will adapt to…
Wall Street Expects Weak Refining Profits in Q4 Wall Street is preparing for a sharp decline in U.S. refiners’ fourth-quarter earnings due to weaker fuel demand and potential tariffs on…
Trump’s Funding Freeze Puts Local Governments at Risk President Donald Trump’s unprecedented federal funding pause has thrown more than $1 trillion in grants to states, cities, and local governments into…
Oil Prices Remain Stable Amid Market Volatility Oil prices stabilized near $73 a barrel, with West Texas Intermediate recovering from a 2% decline earlier this week. Russia’s efforts to bypass…
Fed Likely to Hold Rates Steady Amid Inflation Slowdown The Federal Reserve is expected to keep its key interest rate unchanged this week, following three consecutive rate cuts. These adjustments…