Author: Jeffery Carter

Fourth-quarter results from Amazon , due Thursday after the bell, are on traders’ radar as Wall Street awaits updates on the tech giant’s cloud and retail businesses. The e-commerce giant has been undergoing a series of cost-cutting initiatives since late 2022 while establishing itself as an artificial intelligence play. Amazon Web Services, the tech giant’s cloud unit, will also be in focus, particularly after Alphabet reported disappointing cloud revenue earlier this week. In addition, analysts are looking for any insights from Amazon as to what President Donald Trump ‘s tariff threats will mean for its businesses. Tariffs on Mexico and…

The major market averages could struggle in the short term as the momentum trade fades, and tactical traders may want to look elsewhere for winners, according to Fairlead Strategies founder Katie Stockton. Appearing Thursday on CNBC’s ” Power Lunch ,” Stockton said her team was looking at “countertrend exposure” because of an expected short-term decline for the market as a whole. “We think that the odds are best in stocks that honestly look a little bit different than the S & P 500,” Stockton said. The S & P 500 and other market-cap weighted indexes have become increasingly concentrated in…

NRDX, an innovative Stocks & CFDs broker, will make its debut at iFX EXPO Dubai 2025, held between 14-16 January at Dubai World Trade Centre. NRDX provides its investors with a unique offering to trade Stocks listed in the US Stock exchange and CFDs. The broker is a Platinum sponsor of the leading MENA event, where it will also exhibit. The NRDX team will be stationed at booth no. 124, strategically located in the vicinity of the coffee bar. Situated at the heart of the action, NRDX will be one of the most prominent and promising retail trading brands present…

WASHINGTON — President Donald Trump signed an executive order sanctioning the International Criminal Court on Thursday over what the White House calls unfair attacks against close ally Israel and concern within the administration that the U.S. could be its next target.The order says the U.S. will place financial and visa sanctions on anyone who assists the ICC in investigating U.S. citizens or America’s allies. He will also impose punishing actions on those individuals’ family members.The ICC, which is seated in The Hague in the Netherlands, issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister, Yoav…

Fiserv CEO Frank J. Bisignano at the New York Stock Exchange on June 7, 2023.Source: NYSEShares of Fiserv jumped more than 7% on Wednesday to a record after the payments company reported better-than-expected fourth-quarter earnings and issued guidance that also topped estimates.The stock closed at $229.53, exceeding its previous high reached in November, and is now up about 60% over the past year. Fiserv, which went public in 1986, provides digital payments technology to small businesses and financial institutions.Fiserv reported adjusted earnings of $2.51 in the quarter, exceeding the average analyst estimate of $2.48, according to LSEG. Revenue increased about…

Monolithic Power Systems (NASDAQ:MPWR) Q4: Beats On Revenue, Stock Jumps 17.5% Power management chips maker Monolithic Power Systems (NASDAQ:MPWR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 36.9% year on year to $621.7 million. On top of that, next quarter’s revenue guidance ($620 million at the midpoint) was surprisingly good and 6.5% above what analysts were expecting. Its non-GAAP profit of $4.09 per share was 2.9% above analysts’ consensus estimates. Is now the time to buy Monolithic Power Systems? Find out in our full research report. Revenue: $621.7 million vs analyst estimates of $608 million…

Tinder hopes to reverse its ongoing decline in active users by turning to AI. In the coming quarter, the Match-owned dating app will roll out new AI-powered features for discovery and matching. The addition aims to offer fatigued singles an alternative to the “swipe” that defined the dating app in its earlier days and influenced an entire industry to adopt the gesture as the go-to standard. In its Q4 earnings release, the company noted that the AI-curated recommendations would deliver more “personalized and engaging matches.” Match Group CFO Gary Swidler told investors on the Q4 earnings call that the AI-driven…

The New York Stock Exchange welcomes E.l.f. Beauty on March 18, 2024, to celebrate its 20th anniversary of founding.The CEO of E.l.f. Beauty, which manufactures about 80% of its cosmetics in China, told CNBC on Thursday that it was “relieved” the new tariff on Chinese imports is only 10%. The retailer isn’t sure yet if it will need to raise prices. “[It] seems like a weird thing to say, but we actually were somewhat relieved when it was only 10 points because at one time, the rhetoric was as high as 60% tariffs,” Tarang Amin said when discussing his company’s fiscal…

Elon Musk walks on Capitol Hill on the day of a meeting with Senate Republican Leader-elect John Thune (R-SD), in Washington, U.S. December 5, 2024. Benoit Tessier | ReutersElon Musk’s involvement in the Trump administration’s airspace reform plan has quickly spurred calls to bar the Tesla and SpaceX leader from those efforts over his alleged conflicts of interest.U.S. Transportation Secretary Sean Duffy said Wednesday he spoke with Musk — who also leads President Donald Trump’s government-shrinking group DOGE — in the wake of a deadly plane crash above Washington, D.C., last week.”We’re going to remake our airspace, and we’re going to…

Americans are gearing up for Sunday’s Super Bowl, but they may not be aware that they can also invest in bonds that help make stadiums and the areas that surround them a reality. Municipal bonds have become a significant part of building new stadium projects because these undertakings are seen as an important part of the local economy, explained Dan Close, head of municipals at Nuveen. The bonds themselves help pay for essential infrastructure such as roads and public transportation. The assets are favored by high-income investors since the interest is exempt from federal taxes, as well as state tax…