Private payrolls rose by just 22,000 in January, far short of expectations, ADP says
The U.S. labor market barely budged in January, with hiring below even muted expectations.
Wall Street is concerned about AMD’s profitability despite its high spending. Here’s a roundup of worries
Wall Street analysts remain largely neutral on Advanced Micro Devices going forward.
Uber reports 20% revenue growth in fourth-quarter, but issues soft profit guidance
Uber said revenue in its food delivery business increased 30%, beating analysts’ estimates.
AMD stock sinks 12% after earnings. Here’s why
The chipmaker’s stock has surged over the past year amid the AI boom.
Gold and silver extend rebound but concerns over volatility linger
Gold and silver climb with further gains seen determined by rate expectations
Chinese solar stocks rally on reports Elon Musk’s Space X, Tesla staff visited suppliers
Shares of Chinese solar panel makers surged after a team of staff sent by Elon Musk had reportedly visited several photovoltaic suppliers in China.
Euro zone inflation cools to 1.7% in January, flash data shows
Euro zone inflation cooled to 1.7% in January, flash data from statistics agency Eurostat showed Wednesday.
China ramps up threats over Panama Canal ruling that handed Trump a major victory
The Panama Canal has been thrust into the middle of a power struggle between the U.S. and China, the world’s two largest economies.
Trump says India won’t buy Russian oil anymore. Moscow insists India hasn’t said that
Analysts are skeptical that India will stop buying Russian oil completely.
Venezuela tells China oil prices won’t be set by the U.S., seeks to reassure investment after Maduro capture
Venezuela assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in the South American country will remain secure.
