News

Brazil Sells $2.5 Billion in Return to Global Debt Markets

(Bloomberg) -- Brazil tapped international credit markets, offering new debt for the first time in more than six months amid a broad rally in the country’s assets early in 2025. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surreal Journey Into His Own Private WinnipegLatin America’s largest economy s

Cadence’s (NASDAQ:CDNS) Q4 Earnings Results: Revenue In Line With Expectations But Stock Drops

Semiconductor design software provider Cadence Design Systems (NASDAQ:CDNS) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 26.9% year on year to $1.36 billion. On the other hand, the company’s full-year revenue guidance of $5.18 billion at the midpoint came in 1.3% below analysts’ estimates. Its non-GAAP profit of $1.88 per share was 3.2% above analysts’ consensus estimates.

Ex-Nomura Strategist Says Analysts Can’t Forecast Japan Stocks

(Bloomberg) -- Analysts’ forecasts for Japanese stocks show little correlation with their actual performance, according to an analysis of 20 years of data from a former chief strategist at Nomura Holdings Inc. who now teaches at a university in Tokyo.Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration EnforcersA Filmmaker’s Surre

Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says

(Bloomberg) -- Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP. Most Read from BloombergWhy Barcelona Bought the Building That Symbolizes Its Housing CrisisPor qué Barcelona compró el edificio que simboliza su crisis inmobiliariaTrump Child Refugee Agency Shares Data With Immigration En

Mexico's economy secretary to meet with Trump officials in US in 'first conversation' on trade

Mexico's Economy Secretary Marcelo Ebrard said Tuesday that he will meet with Trump administration officials in Washington on Thursday in what he called “the first conversation” in a series of negotiations between the two countries. The meeting comes at a fragile moment for the two neighbors, whose bilateral trade exceeded $800 billion last year. U.S. President Donald Trump has threatened to impose 25% tariffs on all imports from Mexico — though so far limited them to steel and aluminum — and signed an executive order to rename the Gulf of Mexico as the Gulf of America.

Why Is Constellation Brands (STZ) Stock Rocketing Higher Today

Shares of beer, wine, and spirits company Constellation Brands (NYSE:STZ) jumped 8.7% in the pre-market session after Warren Buffett's Berkshire Hathaway revealed a position in the company (STZ) worth roughly $1.2 billion in the fourth quarter of 2024. Given Buffett's reputation for identifying quality opportunities in the stock market, the market is likely to read the information positively for the company's prospects in the near term.