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CNBC Daily Open: Alibaba shares jump and Amazon beats Walmart in quarterly revenue
Economy

CNBC Daily Open: Alibaba shares jump and Amazon beats Walmart in quarterly revenue

Posted on: February 21, 2025

Chinese tech giant Alibaba reported a significant 239% year-over-year increase in net profit for the final quarter of 2024. This growth was driven by the expansion of its […]

Stock of the day: Palantir’s surging stock fell 10% after reports of Pentagon budget cuts
Markets

Stock of the day: Palantir’s surging stock fell 10% after reports of Pentagon budget cuts

Posted on: February 21, 2025

Palantir Technologies shares dropped 10% on Wednesday following reports of potential US military budget cuts. The decline continued in after-hours trading, with shares falling another 5.2%. This ended […]

Tesla EVs Set to Hit Indian Roads as First Shipment Nears
Technology

Tesla EVs Set to Hit Indian Roads as First Shipment Nears

Posted on: February 21, 2025

Tesla is preparing to introduce its electric vehicles (EVs) in India, with the first shipment expected to arrive soon. The U.S.-based EV giant plans to ship thousands of […]

Walmart Stock Slides After Earnings—Walton Family Loses Billions
Economy

Walmart Stock Slides After Earnings—Walton Family Loses Billions

Posted on: February 21, 2025

Walmart shares experienced their worst day in over a year on Thursday, resulting in billions wiped off the net worth of the retail giant’s heirs. The company issued […]

Walmart Predicts Slower Growth for 2025 Amid Economic Challenges
Economy

Walmart Predicts Slower Growth for 2025 Amid Economic Challenges

Posted on: February 21, 2025

Walmart anticipates a slowdown in sales and profit growth for 2025 due to rising inflation and the impact of tariffs. The forecast caused its stock to drop by […]

Low Passport Ownership Among Japanese Nationals
NewsLetter

Low Passport Ownership Among Japanese Nationals

Posted on: February 21, 2025

TOKYO — Only 17.5% of Japanese nationals held passports at the end of 2024, significantly lower than in other advanced economies. Rising overseas costs and waning travel interest […]

Wall Street Analysts Bullish on Nvidia Ahead of Q4 Earnings
Technology

Wall Street Analysts Bullish on Nvidia Ahead of Q4 Earnings

Posted on: February 21, 2025

Nvidia (NVDA) has garnered multiple Buy ratings from Wall Street analysts ahead of its Q4 earnings report on February 26. Analysts from Oppenheimer, UBS, and HSBC reaffirmed their […]

Fort Knox: A Secure Repository of U.S. Gold Reserves
Economy

Fort Knox: A Secure Repository of U.S. Gold Reserves

Posted on: February 21, 2025

LOUISVILLE, Ky. (AP) — President Donald Trump announced that Elon Musk would inspect Fort Knox, the renowned depository for American gold reserves in Kentucky, to verify the presence […]

Tesla EVs Set to Hit Indian Roads as First Shipment Nears
Technology

Tesla EVs Set to Hit Indian Roads as First Shipment Nears

Posted on: February 21, 2025

Tesla is preparing to launch its electric vehicles (EVs) in India, with the first shipment expected to arrive soon. The U.S.-based EV giant plans to ship thousands of […]

Stock market today: Asia shares trade mixed as China benchmarks surge while others slip
Markets

Stock market today: Asia shares trade mixed as China benchmarks surge while others slip

Posted on: February 21, 2025

Asian shares showed mixed performance on Friday following a sharp decline in Walmart’s stock, which pulled Wall Street off its record highs. Japan’s Nikkei 225 edged up 0.1% […]

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