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Wall Street Executives Say Tariff Uncertainty Is Drag on Markets
  • March 4, 2025

Wall Street Executives Say Tariff Uncertainty Is Drag on Markets

(Bloomberg) -- Top Wall Street executives, financial regulators and analysts gathered in New York’s financial district said they were bracing for market volatility from President Donald Trump’s latest round of tariffs on the biggest US trading partners.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year

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RBA Doesn’t Share Market’s Confidence on Further Rate Cuts
  • March 4, 2025

RBA Doesn’t Share Market’s Confidence on Further Rate Cuts

(Bloomberg) -- Australia’s central bank board doesn’t share the market’s confidence that a series of further interest-rate cuts will follow last month’s easing, Deputy Governor Andrew Hauser said, adding that it’s still too soon to declare victory over inflation.Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling

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Optimism Grows China Stocks May Break First-Day NPC Losses on AI
  • March 4, 2025

Optimism Grows China Stocks May Break First-Day NPC Losses on AI

(Bloomberg) -- As Chinese officials gather for the biggest political huddle of the year, equity investors are optimistic this time will be different. Most Read from BloombergHow Upzoning in Cambridge Broke the YIMBY MoldRemembering the Landscape Architect Who Embraced the CityRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’NYC’s Finances Are Sinking With Gauge Falling to 11-Year LowUS Tent Facility is Holding Migrant Families Longer Than RecommendedThe MSCI China Index declined o

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US farmers face higher costs, fewer markets from tariffs, farm groups warn
  • March 4, 2025

US farmers face higher costs, fewer markets from tariffs, farm groups warn

U.S. President Donald Trump's new tariffs on goods from Canada, Mexico and China threaten to hurt the $191 billion American agricultural export sector and raise costs for farmers struggling with low crop prices, farm groups warned on Tuesday. Trump imposed 25% duties on imports from Mexico and Canada and doubled duties on Chinese goods to 20%, sparking trade wars with the biggest buyers of U.S. farm products.

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Why Olaplex (OLPX) Stock Is Up Today
  • March 4, 2025

Why Olaplex (OLPX) Stock Is Up Today

Shares of hair care company Olaplex (NASDAQ:OLPX) jumped 22.5% in the afternoon session after the company reported fourth-quarter results that significantly exceeded analysts' sales and EPS expectations. Olaplex's operating profit also outperformed Wall Street estimates by a wide margin, and its full-year revenue guidance came in ahead of expectations. On the other hand, sales dropped 9.8%. The sales decline weighed on profitability, with gross profit down 13% and adjusted EBITDA shrinking by mo

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Why Is Okta (OKTA) Stock Soaring Today
  • March 4, 2025

Why Is Okta (OKTA) Stock Soaring Today

Shares of identity management software maker Okta (OKTA) jumped 22.6% in the afternoon session after the company delivered a solid fourth quarter earnings, beating Wall Street's expectations on both revenue and operating profit. A standout metric was the 25% year-on-year growth in remaining performance obligations (RPO), which exceeded analysts' estimates, and implied solid future sales as customers lock in long-term commitments.

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