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.
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.
Global stocks rose on Friday at the end of a volatile week for markets, with sentiment buoyed by Apple's earnings report and an
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.
A look at the day ahead in Asian markets. A tumultuous week rounds off with investors in Asia taking their cue from more U.S. 'Big Tech' earnings, digesting Fed Chair Jerome Powell's guidance from earlier in the week,
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.