COPENHAGEN (Reuters) -Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year, even as profits are set to decline and U.S. President Donald Trump's tariff threats create uncertainty. Geopolitical developments including Trump's threats to impose tariffs on the top U.S. trading partners and access to the Red Sea shipping route will impact Maersk's revenues. The shipping giant, viewed as a barometer of world trade, had seen no changes in cargo flows due to the threats of tariffs so far, said CEO Vincent Clerc.
Oil, gas traders to seek tariff waivers from Beijing for US imports, sources say
Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S. crude and liquefied natural gas (LNG) imports from February 10, trade sources said on Thursday. Shortly after tariffs on China imposed by U.S. President Donald Trump took effect on Tuesday, China's Finance Ministry said it would impose levies of 15% on imports of U.S. coal and LNG and 10% for crude oil as well as on farm equipment and some autos, starting on February 10. Four tankers, carrying 6 million barrels of U.S. West Texas Intermediate (WTI) and Alaskan North Slope (ANS) crude, and two LNG vessels are currently en route to China, data from analytics firms Kpler and LSEG showed.
Qualcomm Stock Drops as Licensing Revenue Outweighs Record Sales
Qualcomm stock is falling 5% in premarket trading Thursday, a day after the company’s lower-than-estimated licensing revenue offset record quarterly sales.
The Case for Accepting MicroStrategy’s (MSTR) Billion Dollar Bitcoin Gamble
The insatiable Bitcoin-buyer MicroStrategy (MSTR) has seen an impressive rise of over 600% in the past year—a performance roughly 4.5 times greater than Bitcoin’s (BTC) own gains over the same period. However, the rally has faced some headwinds since the end of last year, as MicroStrategy’s stock has struggled to reach new all-time highs—not necessarily due to cryptocurrency price swings but likely because of skepticism over massive equity dilution. As I’m cautiously bullish on MicroStrategy, gi
Power Stocks Had Been on an AI Tear. Then Came DeepSeek.
The efficiency gains of DeepSeek’s AI models startled the power industry, which is set to invest billions in electricity projects.
Ford stock drops after automaker beats on Q4 results but issues muted 2025 guidance
Ford reported a fourth quarter earnings and revenue beat with full-year profit coming in slightly higher than expected, but the company issued muted full-year guidance.
Meet Wall Street's Most Unusual Bitcoin Stock: A Coal Producer Sporting an Eye-Popping 10% Yield
This off-the-radar energy stock is one of the top-15 holders of Bitcoin among U.S.-based public companies.
Waste Management Stocks Q3 Highlights: Quest Resource (NASDAQ:QRHC)
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the waste management stocks, including Quest Resource (NASDAQ:QRHC) and its peers.
3 Reasons to Sell SEE and 1 Stock to Buy Instead
Since August 2024, Sealed Air has been in a holding pattern, floating around $34.72. The stock also fell short of the S&P 500’s 16% gain during that period.
3 Reasons U is Risky and 1 Stock to Buy Instead
What a time it’s been for Unity. In the past six months alone, the company’s stock price has increased by a massive 49.1%, reaching $21.25 per share. This performance may have investors wondering how to approach the situation.