International Business Machines Nears 52-Week High As Earnings Beat Lifts Momentum
IBM approaches its 52-week high following a revenue beat that enhances market sentiment, driven by positive technical indicators and renewed partnerships in AI services.
The Fed Raises Doubts of Further Rate Cuts
The Fed lowered its rate again as expected, but raised concerns about the pace of easing at its next meeting.
Fed’s Powell Raises Doubts About Another Rate Cut
As expected, the Federal Reserve on Wednesday cut its target rate cut by ¼ point to a 4.0%-to-4.25% range.
Eli Lilly Delivers Strong Q3 Performance, Raises Earnings Outlook
Eli Lilly’s Q3 2025 revenue jumped 54% to $17.6 billion with adjusted EPS of $7.02, prompting the company to lift its full-year guidance.
Gold Steadies As Fed Caution Tempers Rate-Cut Hopes, Trump-Xi Truce Lifts Sentiment
Gold holds firm on Thursday as traders weigh the Fed’s interest rate cut and Powell’s cautious tone.
US-China Agree To Unwind Recent Actions
The US agreed not to block subsidiaries of Chinese companies that were sanctioned and not to enforce the port fee on Chinese ships that had ostensibly triggered the tightening of China's rare earth/magnet export restrictions.
Eurozone GDP Growth Slightly Better Than Expected
The Eurozone economy grew by 0.2% QoQ in the third quarter.