TriMas Finalizes Sale of Arrow Engine to IES, Exits Oil and Gas Sector
TriMas Completes Arrow Engine Sale to IES, Exits Oil & Gas Market 01/31/2025 – 08:45 AM BLOOMFIELD HILLS, Mich.–(BUSINESS WIRE)– TriMas (NASDAQ: TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with […]
Microsoft Earnings: Strong Quarter Driven by AI Growth
We are maintaining our fair value estimate for wide-moat Microsoft MSFT at $490 per share after the firm reported good results with guidance that was somewhere between our expectations and slightly light. The outlook generally offsets quarterly performance, which holds our fair value steady. Results look solid across the board, with good artificial intelligence demand […]
Oil Price Update: Brent Faces Challenges While Technical Indicators Provide Hope for Bulls
Oil Price Update – Brent Continues to Struggle as Technicals Offer Bulls Hope Most Read: Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC Oil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the impact it will have on Global Demand continue to weigh on […]
Following the Recent Rate Cut, Might Tariffs Drive Additional…
The Bank of Canada’s 25-basis-point interest rate cut may have been expected, but uncertainty is building around its next move, since US President Donald Trump may impose huge tariffs on Canadian goods. While a full-on trade war isn’t the base case for most economists, tariffs could hit the Canadian economy hard and trigger more aggressive […]
Today’s Stock Market: Live Updates
Stock market today: Live updates Traders work at the New York Stock Exchange on Jan. 29, 2025. NYSE U.S. stock futures rose Wednesday night as Wall Street digested recent quarterly results from a slew of megacap tech companies. Investors are coming off a losing session after the Federal Reserve held steady on rates. S&P 500 […]
Key Considerations for Investors Regarding Trump Tariffs…
As market participants anxiously await US President Donald Trump to set punitive tariffs on Canada, analysts advise investors to separate the noise from the news and focus on the key aspects of any such announcement. Trump’s proposed 25% tariff on Canadian exports could come into effect as early as Feb. 1. They may be intended […]
London Gold Market Lines Up to Borrow Central Bank Gold Following Major Shipments to the US
The BoE declined to comment when asked about the queue. US President Donald Trump has not mentioned precious metals in his tariff plans, but the risk has been enough to boost gold deliveries to New York as part of the market sought to hedge its positions on the US COMEX exchange and part sought to […]
Gold (XAU/USD) Price Outlook: Positive Sentiment Amid Tariff Concerns and FOMC Meeting
Gold (XAU/USD) Price Analysis: Bullish Bias Amid Tariff Uncertainty and FOMC Most Read: Global Market Outlook 2025: Trends, Risks, and Opportunities for Traders Gold prices dropped yesterday as markets digested a host of factors which included tariff threats and a market shock thanks to Chinese AI startup DeepSeek. The precious metal has edged its way […]
The Fed Pauses Rate Cuts: What This Means for Your Finances.
The Fed is set to hit the pause button on rate cuts, for now. Here’s the impact on your money. Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is expected to hit the pause button on additional rate cuts at its Jan. […]
PetroGas Boosts Local Service Capability Through Expertise in Libya’s Oil and Gas Industry
PetroGas Enhances Local Service Capacity with Expertise in Libya’s Oil and Gas Sector In an exclusive interview with Energy Capital and Power, Abdulaziz Esnoussi, Sales Leader for PetroGas Libya, discussed the company’s advanced technology solutions and the specialized services provided by their skilled local Libyan engineers. Could you provide an overview of the specialized services […]