Daily U.S. Stock Market News Briefing (March 4, Tuesday)

USHK News
2025.03.05 13:42

Important News

  1. U.S. Secretary of Commerce Gina Raimondo: Trump will announce decisions related to tariffs on Canada and Mexico in the afternoon.

  2. U.S. President Trump: We should abolish the chip act.

  3. U.S. ADP employment increased by 77,000 in February, the smallest increase since July 2024.

Individual Stock News

  1. Tesla (TSLA.O) saw a 76% decline in sales in Germany in February.

  2. Disney (DIS.N) is cutting about 6% of its ABC and Disney Entertainment employees.

  3. Arm (ARM.O) has agreed to provide chip design and technology to Malaysia over the next decade.

  4. UK regulators have approved Microsoft's (MSFT.O) $13 billion investment in OpenAI.

  5. SEA (SE.N) Q4 2024 earnings call: Shopee's GMV is expected to grow by about 20% in 2025.

  6. Google (GOOG.O) urges the U.S. Department of Justice during Trump's administration to change its decision to break up the company.

  7. According to The Wall Street Journal: Goldman Sachs (GS.N) will lay off about 3% to 5%, with the next round of layoffs targeting vice president level.

  8. Market news: Coinbase (COIN.O) CEO Brian Armstrong will attend the White House cryptocurrency summit.

  9. Full Truck Alliance (YMM.N): 2024 revenue is expected to be 11.24 billion, a year-on-year increase of 33.2%, with adjusted net profit of 4.02 billion, a year-on-year increase of 43.7%.

  10. Moderna (MRNA.O) CEO made a significant purchase of company stock on March 3 at a price of $31.04 per share, totaling approximately $5 million

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