News

Shares in Royal Caribbean hit another record high Wednesday after soaring yesterday following a better-than-expected earnings report from the cruise line operator. Monitor these important chart levels.

Tesla’s fourth-quarter net income fell 71% from a year ago when results were boosted by a one-time tax benefit. The latest results fell short of Wall Street forecasts. The electric vehicle, battery and robotics company run by Elon Musk said Wednesday that it made $2.31 billion from October through December, less than the $7.93 billion profit it posted in the same period in 2023.

Ameriprise Financial reported a 24% rise in fourth-quarter profit on Wednesday, driven by a higher fee income as the value of its clients' assets increased due to a market rally. The U.S. markets rallied on Federal Reserve's interest rate cuts and they were further boosted by business-friendly comments from President Donald Trump, who is expected to ease regulations. Ameriprise's assets under management and administration came in at $1.52 trillion in the quarter, a 10% jump from last year.

Sagging tech stocks weighed on US indexes, as Wall Street rethinks AI leadership after the arrival of DeepSeek, a Chinese disruptor claiming big results at a smaller cost. With many Asian markets still closed for the Lunar New Year, Japan's Nikkei 225 will carry the baton after pretty much cueing off Wall Street's ups and downs all week. The S&P 500 and Nasdaq briefly extended losses after the Federal Open Market Committee closed out its two-day policy meeting with hawkish hold that left markets thinking rates might not come down again for a while, if at all.

(Bloomberg) -- Stocks slipped and short-dated bond yields rose, though both pared bigger moves as early concern that the Federal Reserve was growing more worried about inflation got tamped down by Chair Jerome Powell.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollTrump's Federal Funding Pause Threatens State Financials Housing Aid Uncertain After Trump’s Spending Freeze MemoUS Students’ Reading Scores Drop to Worst in More Than 20 YearsTexas HOA Charged Wi

Semiconductor testing company Teradyne (NASDAQ:TER) reported Q4 CY2024 results exceeding the market’s revenue expectations, with sales up 12.3% year on year to $752.9 million. Its non-GAAP profit of $0.95 per share was 4.5% above analysts’ consensus estimates.

Freight delivery company Landstar (NASDAQ:LSTR) reported Q4 CY2024 results topping the market’s revenue expectations, but sales were flat year on year at $1.21 billion. Its GAAP profit of $1.31 per share was 2.5% below analysts’ consensus estimates.