Israel and Hamas exchanged a new group of hostages and prisoners on Thursday in a handover that devolved into chaos as the armed militants struggled to control a chanting, jostling crowd of Palestinians trying to catch a glimpse of Israelis held captive during 15 months of war.Hamas released a total of eight Israeli and Thai hostages in the Gaza Strip, including the tightly choreographed handover of an Israeli soldier, Agam Berger, 20, in the northern town of Jabaliya.But the tumult surrounding the release of two other Israeli hostages — Arbel Yehud, 29, and Gadi Moses, 80, in the city of…
Author: usaeverydaylife
Analysts largely view Tesla’s fourth-quarter results as lackluster. The electric vehicle giant reported fourth-quarter earnings and revenue that missed expectations. The company also noted that automotive revenue pulled back 8% in the fourth quarter compared to a year earlier. Overall revenue, however, inched up roughly 2%, while its net income was aided by a $600 million gain due to an accounting rule change that affected its bitcoin holdings throughout the quarter. Tesla’s total net income plummeted 71% from a year earlier. Shares did tick slightly higher in the premarket on the back of the results. Here is what analysts at…
CNBC’s Hugh Son joins ‘Fast Money’ to talk Visa earnings. Source link
Apple defied the doom and gloom that had been building for weeks. Shares rose roughly 3% Thursday evening after the tech giant reported a slightly better-than-expected quarter. More importantly, guidance for revenue growth in the March quarter was much better feared. Revenue in Apple’s fiscal 2025 first quarter, which ended in December, grew 10% year-over-year to $124.3 billion – exceeding the LSEG estimate of $124.12 billion. Earnings per share increased 10% to $2.40, beating LSEG’s estimate of $2.35. Apple Why we own it: Apple’s dominant hardware and growing services businesses provide a deep competitive moat and plenty of bundling opportunities.…
Customers shop at a Samsung mobile store inside a shopping mall in New Delhi.Reuters | Anindito MukherjeeSamsung Electronics on Friday reported better-than-expected fourth-quarter revenue and operating profit, though its operating profit sharply dropped from last quarter.Here are Samsung’s fourth-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:Revenue: 75.8 trillion Korean won vs. 75.4 trillion KRWOperating profit: 6.5 trillion KRW vs. 6.8 trillion KRWRevenue was about 12% up from the same period from last year, while operating profit grew about 130%, year on year.However, operating profit fell nearly 30% to 6.5 trillion…
Crowded and busy Ameyoko shopping street in Tokyo, JapanVisualspace | E+ | Getty ImagesAsia markets mostly rose Friday after Wall Street rose overnight as investors assessed Big Tech earnings.Japan’s benchmark Nikkei 225 started the day up 0.16%, while the broader Topix index rose 0.11%.The Tokyo consumer price index, excluding fresh food, rose 2.5% year on year in January, compared with 2.4% in the previous month. The latest reading is in line with Reuters’ estimates.Japan’s unemployment rate for December fell to 2.4% from 2.5% in the previous month, missing Reuters estimates of 2.5%.Meanwhile, Japan’s retail sales for December climbed 3.7% from…
The tech-driven Nasdaq 100 may be undergoing a historic shift as it turns 40 this week.According to Strategas Securities’ Todd Sohn, cryptocurrency companies could fuel the next wave of gains.”Bitcoin is to crypto as the QQQ … is to technology type stocks,” the firm’s exchange-traded fund and technical strategist told CNBC’s “ETF Edge” this week. “Bitcoin is going to be the biggest. The Qs will be the biggest.”As of Thursday’s close, the Nasdaq 100 is up 17,106% since its Jan. 31,1985, inception. President Donald Trump’s election helped fuel bitcoin record highs due to high hopes on deregulation. The cryptocurrency is trading around the $104,000 level.Sohn thinks a…
Stocks posted modest gains on Thursday, with Tesla and Meta Platforms rising after posting quarterly results. Here’s what’s on CNBC’s radar going into Friday. Source link
Larry Tentarelli, Blue Chip Daily Trend Report, joins ‘Fast Money’ to give the technical take on Nvidia and Starbucks. Source link
When Barbara Corcoran first saw the New York City penthouse apartment she lives in now, she knew she had to have it.It was 1992, and Corcoran had already founded her real estate company, The Corcoran Group, but to keep her business afloat, she had a part-time job delivering packages. One day, she delivered an envelope to a 4,600-square-foot penthouse apartment on Fifth Avenue and she says she immediately thought she could see herself living there one day.”It was a bad time in real estate, and I was delivering an envelope to this penthouse. I walked in and saw this green,…
