It's a big week ahead as the U.S. Federal Reserve, European Central Bank and Bank of Canada hold their first meetings of 2025. Into the mix go earnings from heavyweights including Apple and Tesla, and likely market spikes from comments by new U.

Tesla expects capital expenditure to exceed $11 billion this year and in each of the following two fiscal years, the electric automaker said in a filing on Thursday.

The Federal Reserve is expected to keep interest rates on hold on Wednesday. Plus, earnings reports from Apple, General Motors, Starbucks, Microsoft, Tesla, and Exxon Mobil.

The euro pared session losses and benchmark bond yields fell near to a three-week trough after the European Central Bank cut interest rates by a quarter point, saying it expects inflation to fall back to its target later in the year.

US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.

U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta Platforms rallies 4.4% after strong profit report and AI investment commitment,

Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady against most other currencies after the Federal Reserve left rates unchanged.

Wall Street shares looked set for more gains on Thursday, as investors cheered earnings from Meta, but shunned Microsoft, while the dollar was steady

And Tesla earnings miss the mark amid tough Chinese competition. ECB President Christine Lagarde painted a weaker outlook for the Eurozone. Ata mārie and welcome to the end of January and another working week. Here’s what you need to know from around the world overnight.

Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies.

The Dow Jones Industrial Average (DJIA) churned on Thursday, marking in tracks around 44,700 but sticking close to the day’s opening bids. Equity markets are still digesting this week’s earnings reports from heavy-hitters like Microsoft (MSFT) and Tesla (TSLA), both of which missed the bottom line on fourth-quarter performance.

World markets are mostly higher following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. European markets opened higher after the European Central Bank cut a quarter-point interest rate to 2.