Morning News: January 22, 2025
India’s Economy Slows Down Just When It Was Supposed to Speed Up
Investors Hopeful for Ukraine But Need Security, Deputy PM Says
Trump’s Paris Accord Abandonment Is a Moral Disgrace
Trump’s Climate Pullback Endangers Crucial Funds for Poor Nations
Trump Wants to Unleash Energy, as Long as It’s Not Wind or Solar
Trump Aim of Bringing Home Manufacturing a Questionable Strategy, Lagarde Says
EU Sees Deals to Be Done With Trump and Sparring Over Tech
Davos Is Learning the ‘Art of the Deal’ With Trump
Trump Says He Intends to Impose 10% Tariffs on Chinese Imports on Feb. 1
Taking Trump’s Tariffs Threats Seriously and Literally
North American Free Trade Is Already Great Again
Trump’s Sharp Turn for US Policy Faces a Slower Road in Congress
How the Debt Could Hamstring Trump’s Agenda
Trump and Biden Find Common Ground in Abusing Their Pardon Powers
LA Fires Revive Trauma for Homeowners Battling Insurance Claims
Norway $1.8 Trillion Fund CEO Sees Contrarian Bet in US Tech
Trump’s All-In AI Push Aims for Global Mastery: Balance of Power
Elon Musk’s Silence on the Risk of AI Doom Is Deafening
Google Invests Another $1 Billion in AI Developer Anthropic
Trump Says He’s Open to Elon Musk or Larry Ellison Purchasing TikTok
MrBeast, Internet’s Top Creator, Joins New Bid to Buy TikTok
Netflix Explodes Into a New Era
J&J Tops Quarterly Profit Estimates on Cancer Drug Sales
Abbott’s First-Quarter Outlook Misses Estimates, Shares Down
Procter & Gamble Earnings Beat Estimates as Shoppers Buy More Household Staples
China Welcomes Back Hollywood Films in Bid to Boost Spending
Barry Callebaut Stock Melts as High Cocoa Prices Weigh on Sales Volume
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Posted by Eddy Elfenbein on January 22nd, 2025 at 7:03 am
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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The S&P 500 came close to a new all-time high but fell just shy at the closing bell.
Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes
Latest stats. 84.6% of companies reported have beaten EPS estimates and 97.2% of companies reported have beaten revenue estimates, while 76.9% have beaten both EPS and Revenue.
In 1997, Amazon closed its first day of trading at $18 per share. Adjusted for splits, that's 7.5 cents per share. The stock just hit a new ATH this morning of $235.43.
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Eddy Elfenbein is a Washington, DC-based speaker, portfolio manager and editor of the blog Crossing Wall Street. His 