• Tue, February 4, 2025

by: Kiplinger

PayPal Stock Falls Despite Earnings Beat, Strong Outlook

"Expectations likely ran ahead of themselves," said Mizuho analyst Dan Dolev in response to the market's initial reaction to PayPal's earnings report. "We are not concerned," Dolev added, noting that PayPal's "branded button has been consistently growing in line with its major merchant partners."

by: ABC

Treasury Dept. gives Elon Musk's team access to federal payment system: Sources

If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.

by: CNET

Will You Owe Taxes With the New IRS Rule for Venmo, PayPal and Cash App Payments?

This new tax reporting rule should not affect your tax liability. If you earn over $400 in income, you need to report it to the IRS.

by: Fortune

Home News Tech Finance Leadership Well Education Fortune 500

The partnership is the largest deployment of ChatGPT to any single organization or company in.

by: AOL

DeepSeek has tilted the balance towards open source AI, but big security issues remain

OpenAI Sam Altman says his company is "on the wrong side of history" with a business model built purely around proprietary AI models.

by: Forbes

Is The US Economy Slowing? How Might US Trade Be Impacted?

Having access to capital can better ensure that small and medium businesses have the resources required to compete with large organizations in a slowing U.S. economy.

by: Reuters

Apollo's fourth-quarter profit tops estimates on strong fee growth, retirement unit

Apollo Global Management's fourth-quarter profit exceeded expectations, helped by a strong growth in fees and solid performance in its retirement business, sending shares of the company up 4% in premarket trading on Tuesday.

by: cnbctv18

Aye Finance partners with Credgenics to enhance debt collection processes

This collaboration aims to digitally transform Aye Finance's debt collection and resolution processes using Credgenics' advanced technology.

by: MSN

7 Stocks Owned by President Trump: How Much Do They Cost?

President Donald Trump's investment portfolio continues to be a topic of interest as he settles into his second term in the White House. For the 2024 election, Trump provided his latest

by: Forbes

10 Remote Jobs That Pay Up To $200,000+ In 2025

What are the highest paying remote jobs of 2025? Here are 10 remote jobs that pay as much as up to $200,000 and span industries such as finance, tech, and healthcare.

by: Reuters

PayPal's profit push slows unbranded business growth, shares drop 10%

PayPal's shares fell nearly 10% on Tuesday, after the digital payments giant's unbranded card processing business saw a sharp slowdown in growth and its operating margin shrank in the fourth quarter.

by: MSN

"Have to be SMART" Shark Tank investor Kevin O'Leary shares how he taught his son to use credit cards

Kevin O'Leary has a sharper, more direct voice than others in the high-stakes world of finance and (financial advising).

by: AOL

PepsiCo CEO on Trump tariffs, road ahead for business

"We're not immune to this [tariffs] — we are less impacted than most of the businesses," PepsiCo chair and CEO Ramon Laguarta told me Tuesday morning.

by: Kiplinger

PepsiCo Stock Falls Despite Earnings Beat, Dividend Hike

PepsiCo stock is lower Tuesday after the soft drink maker's top-line miss offsets an earnings beat and dividend hike. Here's what to know.

by: AOL

Glassdoor CEO: The workers are talking about you (whether you like it or not!)

Glassdoor recently brought on author Adam Grant as a " chief worklife expert ." Sutherland-Wong wants to expand the platform from ratings and salary-sharing to be a village green where people talk about making their work lives and companies better. That includes leaders who are struggling for the right message in this climate.

by: Reuters

Tariffs News | Today's Latest Stories | Reuters

by: Forbes

Trump Tariffs Live Updates: China Responds With Retaliatory Tariffs, Export Controls And Google Probe

Feb. 1 Canada and Mexico both levied retaliatory tariffs on U.S. imports in response to Trump's directive, while China said it would file a lawsuit with the World Trade Organization and take "countermeasures" in response to the move.

by: MSN

Trump's tariff threats hang over young Arnault's mission to fix LVMH drinks unit

Alexandre Arnault is taking a key role at LVMH's $6 billion wine and spirits business just as U.S. President Donald Trump risks unleashing a trade war, complicating a turnaround effort that could decide the 32-year-old's future in his father's empire.

by: MSN

Russia is risking non-sanctioned ships to export oil and keep its war economy going

Russia is using non-sanctioned vessels and rerouting others to keep oil exports going, maritime data shows, but risks sanctions on even more ships.

by: Reuters

Companies start counting potential costs of Trump's tariffs

Diageo warned on Tuesday of a $200 million hit to its operating profits from U.S. tariffs on Mexican and Canadian imports and German auto supplier ZF flagged price hikes, as companies start counting the likely costs of Donald Trump's trade measures.

by: Forbes

Investors Urge EU To Keep Green Rules In Face Of Trump Turmoil

With $6.8 trillion in assets under management, financial actors tell the EU it must stand firm against the U.S. President's agenda.

by: Reuters

Fed ends two regulatory punishments imposed on Wells Fargo in 2011

The Federal Reserve announced on Tuesday it had terminated a pair of enforcement actions imposed on Wells Fargo in 2011, but said the bank's asset cap remained in place.

by: Forbes

Future-Proofing Treasury: Three Key Strategies For Staying Ahead

As treasury continues evolving from back-office to strategic asset, focusing on talent, technology alignment and adaptability will only accelerate its transformation.

by: MSN

Virgo Daily Horoscope Today (Aug 23- Sept 22) February 4, 2025: Control your budget!

Virgo Money Horoscope Today Business profits may be impacted. Avoid making hasty decisions. Suitable proposals will come your way. The financial side will remain stable. Virgo Career Horoscope Today Move forward with wisdom and discipline.

by: Forbes

How AI Agents, Blockchain, And DeepSeek Are Reshaping Business In 2025

AI Agents, Swarms of Agents, Blockchain and even DeepSeek are changing the game for businesses of all sizes. As Elon Musk recommends blockchain for the US Treasure.

by: MSN

How this manufacturing company's CFO plans to handle the tariff threat

A 10% tariff on goods from China did, however, go into effect at midnight. In response, China's finance ministry said it will impose a 15% tariff on imports of U.S. coal and liquefied natural gas, and a 10% tariff on crude oil,

by: Reuters

From Johnnie Walker to Corona beer, major alcohol firms could face tariff hit

Makers of alcoholic beverages such as Johnnie Walker whisky and Corona beer could be caught in the crosshairs of a potential trade war after U.S. President Donald Trump imposed sweeping new tariffs on goods from Mexico,

by: Reuters

Morgan Stanley to increase sale of loans tied to Musk's X, Bloomberg News reports

A group of Morgan Stanley-led banks is set to increase a sale of loans tied to Elon Musk's social media platform X after receiving stronger-than-expected demand from investors, Bloomberg News reported on Tuesday.

by: MSN

Why ESG Faces Backlash and Its Future Under Trump 2.0

It became more popular after the #MeToo, racial justice and climate movements took hold when President Donald Trump was in the White House the first time around. The hope was that ESG standards would help make the world a better place,

by: MSN

Coursera's SWOT analysis: online learning giant faces AI-driven growth, challenges

Coursera , Inc. (NYSE:COUR), a leading online learning platform currently valued at $1.24 billion, has been navigating a complex landscape of opportunities and challenges in the rapidly evolving education technology sector.

by: Reuters

France in focus as Europe's electricity import needs swell: Maguire

Growing tension across Europe's electricity markets has sharpened focus on the region's most dependable and integrated exporter of clean power: France.

by: MSN

China retaliates with tariffs on some US goods and a probe into Google

Authorities also announced a probe into Google and put biotech company Illumina and Calvin Klein's parent PVH on China's "unreliable entities list."

by: Reuters

Robinhood receives US CFTC request to roll back Super Bowl prediction contracts

Robinhood said on Tuesday it had received a formal request from the U.S. Commodity Futures Trading Commission to roll back its Super Bowl betting contracts product.

by: Reuters

MercadoLibre's payment processor offers Pix as Brazilian tourists flock to Argentina

MercadoLibre is now offering transactions using its payment processors in Argentina through Pix, the Brazilian instant payment system, as Brazilian tourists flock to the neighboring country for vacation,

by: Reuters

China kills energy trade with the US, but initial impact is limited

The trade in crude oil, liquefied natural gas and coal between the United States and China is effectively dead after Beijing responded to President Donald Trump's tariffs with measures of its own.

by: Reuters

Apollo Global's fourth-quarter profit tops estimates as assets soar

Apollo Global Management's fourth-quarter profit exceeded expectations, helped by a strong growth in fees and solid performance in its retirement business, sending shares of the company up 4% in premarket trading on Tuesday.

by: Reuters

Engie still sees strong US appetite for renewables

French power group Engie still sees strong appetite in the U.S. for renewable energy projects and expects the country to remain an integral part of the company's portfolio, Executive Vice President Edouard Neviaski said on Monday.

by: Reuters

Apollo Global's fourth-quarter profit tops estimates as assets surge

Apollo Global Management's fourth-quarter profit exceeded expectations on Tuesday, helped by a strong growth in fees and solid performance in its retirement business.
  • Wed, February 5, 2025

by: Mint

ITC, IndiGo to Bajaj Finance: SBI Securities picks 5 stocks to buy after Budget 2025

The Union Budget 2025-26 emphasizes reform in taxation, urban development, and support for farmers and MSMEs. SBI Securities predicts it will boost consumption and benefit sectors like retail lending and aviation,

by: businessday

Tech, finance, governance on focus at 2025 Omniverse Africa Summit

The event, scheduled from February 25 to 28, 2025, at the Landmark Event Centre, Lagos, is set to unite key players from technology, finance, culture, government, and the private sector.

by: Tuko

Africa Tech Summit Nairobi 2025 to Unite Industry Leaders for Innovation and Investment

The 7th Africa Tech Summit Nairobi returns on Feb 12-13, 2025, uniting tech leaders, investors, startups, and policymakers to explore Africa's digital economy.

by: AOL

AMD posts Q4 earnings beat, strong Q1 forecast

AMD (AMD) will report its fourth quarter earnings after the bell on Tuesday, just as President Trump's 10% tariffs on goods made in China come into effect and a little over a week after China-based DeepSeek rocked the AI world.

by: Forbes

The Smartest Businesses For 2025: Where The Money Is Now

With advancements in AI, shifting consumer behaviors, and economic changes shaping the market, choosing the right business model is more critical than ever.

by: Reuters

India to review tariff surcharge on luxury goods, renewables, chemicals amid US pressure

India is set to review import tariffs on over 30 items including luxury cars and solar cells, potentially leading to higher imports from the United States, a senior finance ministry official said.

by: Reuters

Exclusive: India accuses Kia of evading taxes of $155 mln in VW-like dispute

India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs,

by: Reuters

Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading

Credit Agricole SA , France's second-biggest listed bank, blew past quarterly earnings forecasts on Wednesday with a 27% jump in profit, driven by insurance and asset management even as gains in its investment banking business lagged rivals.

by: Reuters

Japanese brokerage Nomura doubles third-quarter profit

Japan's top brokerage and investment bank, Nomura Holdings , on Wednesday reported a 101% increase in net profit as its wholesale business segment grew income on strong demand for equity offerings and mergers and acquisitions advisory services.

by: Reuters

Sweden's Handelsbanken Q4 net profit beats forecast

Swedish bank Handelsbanken reported a net profit for the fourth quarter that topped market expectations on the back of strong interest and financial income and said its costs rose 5% compared to the preceding quarter.

Apollo Global's fourth-quarter profit tops estimates as assets surge

Apollo Global Management's fourth-quarter profit exceeded expectations on Tuesday, helped by a strong growth in fees and solid performance in its retirement business.

Apollo Global Management Inc reported a fourth-quarter profit that exceeded Wall Street expectations, driven by a significant increase in assets under management. The company's adjusted net income rose to $1.2 billion, or $1.91 per share, surpassing the average analyst estimate of $1.71 per share. This performance was bolstered by a 25% surge in assets under management to $650.8 billion, fueled by strong fundraising and market appreciation. Apollo also highlighted a 16% increase in fee-related earnings to $466 million, reflecting higher management fees from the expanded asset base. Despite these gains, the firm noted a slight decrease in its spread-related earnings due to lower earnings from Athene, its retirement services arm, although this was offset by growth in other areas of its business.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/apollo-globals-fourth-quarter-profit-tops-estimates-assets-surge-2025-02-04/