January 18, 2025
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business news

Netflix, Tesla, Lam Research, Las Vegas Sands among the stocks experiencing significant changes after trading hours

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Netflix, the popular streaming giant, has exceeded Wall Street’s expectations in its third-quarter profits. The company reported earnings of $3.73 per share on $8.54 billion in revenue, surpassing analysts’ estimates of $3.49 per share and $8.54 billion in revenue. Additionally, Netflix experienced strong subscriber growth, adding 8.76 million subscribers in the quarter compared to the…

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Live updates on the stock market today.

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Title: Stock Futures Steady After Volatile Day, Tesla Shares Drop on Earnings Miss Image Caption: A trader works on the floor of the New York Stock Exchange. Peter Kramer | CNBC Stock futures showed little movement on Wednesday evening, following a tumultuous day of trading. Futures tied to the Dow Jones Industrial Average added 10…

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Interest Rate Decision: Fed’s Waller Advocates for a Patient Approach, Urging Officials to Observe and Evaluate

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Federal Reserve Governor Christopher Waller has stated that the central bank can wait before taking action on interest rates while it monitors progress in its efforts to tackle inflation. As the Fed prepares for its upcoming meeting, Waller is analyzing recent data to assess whether the bank’s measures are effectively reducing demand and slowing inflation,…

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Procter & Gamble, United Airlines, Nvidia, and others

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Nvidia, the chipmaker, saw its stock fall over 1% after Morgan Stanley and Citi lowered their price targets. This comes after the U.S. announced new restrictions on the sale of AI chips to China. Despite the downgrade, both firms maintained their buy-equivalent ratings on the stock. Citizens Financial Group, a regional bank, experienced a 3.7%…

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Pakistani rupee goes from reaching all-time lows to becoming the world’s best-performing currency.

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Pakistani Rupee Emerges as Top Performing Currency, Analysts Predict Further Strengthening The Pakistani rupee has made a remarkable recovery, bouncing back from an all-time low and emerging as the world’s best performing currency. According to data from LSEG, the currency hit a record low of 307 rupees against the US dollar in early September. However,…

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FBI reports an increase in rising scams that target seniors by ‘Phantom hacker’.

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Nationwide Increase in Scams Targeting Seniors’ Financial Accounts, Reports FBI Senior citizens across the country have become victims of a rising trend in “phantom hacker” scams, which have had a significant impact on their finances. These scams involve fraudulent activities that result in the loss of entire bank accounts, savings, retirement funds, and investments, according…

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