Federal Reserve keeps interest rates unchanged even as Trump insists they be lowered
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.
Chair Jerome Powell said at a news conference that the economy’s outlook “has clearly improved since the last meeting” in December, a development that should boost hiring over time.
Read MoreHere's How Much Traders Expect Tesla Stock to Move After Earnings
Key Takeaways
- Tesla is slated to post its fourth-quarter results after the closing bell today, with revenue and profits expected to decline year-over-year.
- Options pricing suggests traders expect Tesla’s stock could move about 5% in either direction by the end of the week.
Tesla is set to report its latest financial results after the market closes today,
» Read more about: Here's How Much Traders Expect Tesla Stock to Move After Earnings »
Read MoreEarnings live: IBM stock surges, Whirlpool slides; Meta, Microsoft, Tesla report beats across the board
Tesla annual profit plunges to lowest level since pandemic
By BERNARD CONDON
NEW YORK (AP) — Tesla’s annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world’s biggest electric vehicle maker to a Chinese rival and boycotts hammered sales.
The EV company run by Elon Musk reported Wednesday that net income last year dropped 46% to $3.8 billion.
» Read more about: Tesla annual profit plunges to lowest level since pandemic »
Read MoreTesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2026-2030 (Jan 29)
Tesla Inc.’s (NASDAQ: TSLA) share price pulled back 4.0% in the past week. The company reported a 46% drop in annual profit for 2025 but announced plans for $20 billion in capital spending. It also said it would end production of its flagship Model S and Model X vehicles. While it began operating “unsupervised” robotaxi rides in Austin,
» Read more about: Tesla (NASDAQ: TSLA) Stock Price Prediction and Forecast 2026-2030 (Jan 29) »
Read MoreThe Burst
IBM’s Smart Move To Prove It’s an AI Powerhouse
For years, IBM has worn the “missed opportunity” label in artificial intelligence. The company that built Deep Blue, the chess-playing computer, and Watson, the supercomputer, seemed perfectly positioned to dominate AI before anyone else saw it coming.
And yet, while those early breakthroughs made headlines, IBM failed to cash in.
» Read more about: IBM’s Smart Move To Prove It’s an AI Powerhouse »
Read MoreThe Ivy
Is PayPal About to Stage an AI-Powered Comeback
Shares of PayPal haven’t joined the tech sector’s rally. While the S&P 500 has climbed, PayPal has slipped about 15% over the past year. But a new partnership with OpenAI and strong underlying fundamentals could mark the start of a rebound.
Key Points
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PayPal’s integration into ChatGPT positions it as the default payment option for AI-powered shopping—an early lead in conversational commerce.
» Read more about: Is PayPal About to Stage an AI-Powered Comeback »
Read MoreThe Spotlight
Is This 8.6% Yield Too Good to Ignore?
If you’re the kind of investor who wants steady income, especially the kind that drops into your account every month like clockwork, the JPMorgan Equity Premium Income ETF (JEPI) is tough to ignore.
The headline number is eye-catching, an 8.6% trailing yield, paid monthly. That’s not just high, it’s more than four times the yield of the S&P 500 and well above what most high-grade corporate bonds are paying right now.