Tag Archives: forecast

Global growth will be stronger than previously expected this year after Donald Trump scaled back his most extreme tariff threats, the International Monetary Fund said as it upgraded the economic outlook for 2025. The Washington-based organisation said a “de-escalation in tariffs” by the White House spurred a recovery in global trade and a broader economic expansion, though US policies remain …

The markets have been on a roll lately. In fact, the S&P 500 has rallied by 8.2%, the Dow has gained 6.3% and the NASDAQ has soared 10.8% since the beginning of June. The big question is whether the rally can continue into August, which is seasonally one of the weakest months of the year. I’m optimistic, though, because we …

Customers line up in front of the Laopu Gold Store in Shanghai, China, February 27, 2025. Cfoto | Future Publishing | Getty Images Shares of Laopu Gold fell to their lowest levels since May 20 after the Chinese jewelry upstart forecasted its net profit for the first half of 2025 would increase between 279% and 288% year over year, or between RMB 2.23 …

NurPhoto / Getty Images Lockheed Martin recognized $950 million in pre-tax losses tied to a classified aeronautics program Lockheed Martin (LMT) stock tumbled Tuesday as the defense contractor reported $1.6 billion in losses across a range of programs and slashed its full-year profit forecast. Shares of Lockheed were down 8% in recent trading. The stock is down about 12% this year. …

The latest projections suggest President Donald Trump’s tariff and trade policies will alter Social Security checks in the upcoming year. For an overwhelming number of retirees, Social Security provides more than just a monthly check. It’s nothing short of a foundational puzzle piece to their financial well-being. In each of the last 24 years, Gallup has asked retirees to gauge …

Stop me if you’ve heard this song and dance before, but Scottie Scheffler has a commanding lead going into Sunday. What’s unfamiliar, though, is that Scheffler is leading after 54 holes of The Open Championship at Royal Portrush. Historically, the top-ranked golfer in the world has struggled whenever he’s had to travel across the pond for The Open (at least …

Veteran fund manager who predicted Nvidia stock rally resets forecast on China shock  TheStreet Opinion | Heard of Nvidia? Here’s why you should pay attention.  The Washington Post Nvidia Rally Shows Signs of Overheating as Gains Blow Past 80%  Yahoo Finance After Plummeting Over $1 Trillion in Value, This Super Artificial Intelligence (AI) Stock Is Mounting a Major Comeback, With Analysts Predicting Gains …

July 18 – Netflix (NASDAQ:NFLX) slipped around 2% in early trading Friday after posting record second-quarter revenue and raising its full-year guidance, as concerns over shrinking margins tempered investor enthusiasm. The streaming giant reported revenue of $11.08 billion and earnings of $7.19 per share, both narrowly beating Wall Street estimates. It now expects full-year revenue to reach up to $45.2 …

JPMorgan profit beats estimates on Wall Street rebound; raises interest income forecast  Reuters JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking  CNBC Bloomberg Intelligence: JPMorgan’s Surprise Dealmaking Gain Shows Tariff Fear Easing  Bloomberg JPMorgan’s Jamie Dimon says Fed independence is ‘absolutely critical’ after $2.5B HQ row  New York Post JPMorgan Chase Profit Falls 17% but EPS Surpasses Wall Street Estimates  Barron’s Source link

China’s second-quarter GDP growth tops forecast even as US tariff risks mount  Reuters China posts 5.2% GDP growth for Q2  CNN China’s Economy Grows Steadily Despite Trump’s Tariffs  The New York Times Asia-Pacific markets mostly rise after China’s second-quarter growth beats estimates  CNBC China growth slows as trade turmoil weighs on economy  BBC Source link