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Nike’s “Just Do” slogan on February 5, 2025 in London, England.
Richard Baker | In images | Getty images
The radical review of the Trump administration of the federal government and economic policy is bleeding towards corporate numbers.
Nike reported profits on Thursday and warned that he hopes that sales in his current quarter will be submerged due to rates and consumer sliding feeling. Accenture, meanwhile, said that their numbers have been reached by a reduction in contracts with the United States government, since the latter renizes in spending.
Those are warnings of the economic damage that countries could suffer, on a broader scale, when the reciprocal tariffs of the president of the United States, Donald Trump, enter into force on April 2, as he had warned. On the other side of the Atlantic, the European Union is trying to isolate its economy of such blows, postponing its tariffs in the United States, since it hopes to negotiate a new agreement with Trump.
Markets cannot maintain profits
American markets lost impulse on Thursday. He S&P 500 lost 0.22%, the Dow Jones industrial It was mainly flat and the Nasdaq compound removed 0.33%. Accentuate The shares fell 7.3% after the company warned Cuttings in contracts with the United States government. Paneuropeo Stoxx 600 The index fell 0.43%, its First loss in five days. The United Kingdom Ftse 100 closed without changes such as the Bank of England on Thursday maintained its reference interest rate at 4.5%.
Prices in Japan ease
The main inflation of Japan increased 3.7% year after year In February, reliefing from a maximum of two years of 4% seen in January. Central inflation, which excludes fresh food prices, was 3%, lower than January 3.2%. However, the figure was greater than the expectations of 2.9% of economists surveyed by Reuters. Inflation figures come shortly after Bank of Japan kept stable interest rates Wednesday.
Trump’s interest rate demands
Hours after the United States Federal Reserve announced Wednesday that it maintained interest rates without changes, President Donald Trump wrote about social truth that “the fed would be much better Cutting rates As the ustariffs begin to make the transition (ease!) Their path to the economy. “Trump said in January that he would do it “It demands that interest rates immediately fall,” Although the threat did not follow.
The EU postpones the rate
The European Union delay the implementation of your first set of rates In goods from the USA to mid -April to allow additional time for discussions with Washington, an EU spokesman said to CNBC on Thursday. “The change represents a slight adjustment to the timeline and does not decrease the impact of our response, in particular as the EU continues to prepare for reprisals of up to 26 billion euros ($ 28 billion),” they said.
Heavy sales in rates: Nike
Nike On Thursday he warned that sales in his current quarter fall for a two -digit percentage As the giant of the sneakers holds with “geopolitical dynamics, new tariffs, volatile exchange rates and tax regulations,” said Matt Friend, Nike’s chief of finance, at a telephone conference with analysts. Leaving aside the pessimistic guide, Nike beat Wall Street’s expectations in his third fiscal quarter.
(PRO) Global markets exceed the United States
The main reference points of US Russell 2000 It is on the edge of a bearish market, a drop of 20% or more from a recent maximum. But most global actions are in green until now, here is why investors are Increased bets in markets outside the United States
Lisa his, CEO of AMD, attends the artificial intelligence action summit in the Grand Palais in Paris, February 10, 2025.
Benoit Tessier | Reuters
Lisa her AMD has already defeated Intel. Now she goes after Nvidia
When Lisa her became CEO of Advanced Micro Devices at the end of 2014, the company was in a terrible narrow and on the verge of potential bankruptcy.
AMD approved the Intel rival in the market value in 2022 and now is worth $ 172 billion, an increase of approximately 85 times during its mandate. Millions of players trust AMD processors every day, since they light their Microsoft Xbox and Sony PlayStation consoles. AMD chips are so important that the United States government considers them critical for national security.
However, AMD still looks like a helpless. This is because it is a distant second in artificial intelligence, behind Nvidia. To have a serious role in the future of technology, AMD knows that it needs a larger part of the AI market.