Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
Source: YAHOO
Reported about 1 hour ago
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Reported about 2 hours ago
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Reported about 2 hours ago
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Reported about 2 hours ago
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Reported about 3 hours ago
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Reported about 3 hours ago
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Reported about 3 hours ago
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Reported about 4 hours ago
Source: YAHOO
Reported about 4 hours ago
President-elect Donald Trump's plan to cut electric vehicle (EV) tax credits could significantly decrease demand for EVs, negatively impacting companies like Tesla and Rivian, as well as traditional automakers transitioning to electric and hybrid vehicles.
Source: YAHOO
Reported about 4 hours ago
Source: YAHOO
Reported about 4 hours ago
In a recent discussion, Schwab Asset Management's CEO Omar Aguilar explored how emotional factors, termed 'animal spirits', influence investing decisions. He highlighted the herding instinct as a significant psychological tendency observed in market trends, particularly with the 'Magnificent Seven' stocks and cryptocurrencies. Aguilar emphasized that the fear of missing out (FOMO), often exacerbated by social media, drives many investors to act against fundamental economic reasoning.
Source: YAHOO
Reported about 5 hours ago
Nvidia (NVDA) is poised to release its latest earnings report, attracting investor attention especially regarding its Blackwell chip. Concurrently, Palo Alto Networks (PANW) and Snowflake (SNOW) are also set to announce their quarterly results. Bitcoin (BTC-USD) continues to rise, supported by additional options trading in bitcoin ETFs, while other trending stocks include Target (TGT), Qualcomm (QCOM), and e.l.f. Beauty (ELF).
Source: YAHOO
Reported about 5 hours ago
At Charles Schwab's Impact event, Chris Marangi from Gabelli Funds discussed investment opportunities in AI beyond Nvidia, highlighting the increasing demand for power from data centers, electric vehicles, and crypto mining. He underscored the significance of domestic companies in the current economic climate affected by tariffs and inflation, while also mentioning utilities and nuclear energy as promising areas for sustainable investments.
Source: YAHOO
Reported about 5 hours ago
Nvidia is set to release its Q3 earnings today, which are highly anticipated due to the company's remarkable performance driven by the AI boom. Analysts predict a 83% year-over-year growth in earnings per share and revenue, with significant contributions from its data center business. Despite strong expectations, investors remain cautious following a previous quarter where a solid performance led to a drop in stock price. Additionally, CEO Jensen Huang's insights on the upcoming Blackwell AI chip line and potential tariffs on chips manufactured in Taiwan could impact Nvidia's outlook.
Source: YAHOO
Reported about 5 hours ago
The Czech Defense Ministry plans to purchase 14 Leopard 2A4 tanks from Germany in a $167 million deal, aimed at modernizing its military amid ongoing tensions due to Russia's war in Ukraine. The tanks are expected to be delivered by the end of 2026, replacing outdated Soviet-era T-72 tanks. This acquisition follows a previous donation of 28 Leopard 2A4 tanks from Germany and complements an earlier agreement to obtain up to 77 Leopard 2A8 tanks.
Source: YAHOO
Reported about 5 hours ago
Federal Reserve Governor Michelle Bowman emphasized a cautious approach regarding future interest rate cuts, citing persistent inflation concerns and a robust labor market. After a recent quarter-point reduction brought the rate to 4.50%-4.75%, Bowman expressed her support but stressed the need for careful assessment of economic conditions. She noted that the neutral policy rate might be higher than pre-pandemic levels and suggested that the Fed might not be obligated to enact further cuts despite market expectations.
Source: YAHOO
Reported about 5 hours ago
Goldman Sachs CEO David Solomon predicts that capital markets will strengthen in 2025, citing easing inflation and a potential pro-growth approach from the incoming Trump administration. This optimism is shared by other business leaders, who anticipate increased corporate dealmaking as the new administration may adopt less regulatory scrutiny. Additionally, improving investor sentiment could emerge if the Federal Reserve reduces interest rates, although there are calls for caution due to persistent inflation concerns.
Source: YAHOO
Reported about 5 hours ago
Jaguar's new rebranding effort and logo, set to be unveiled at Miami Art Week on December 2, have incited backlash online due to a promotional video featuring models in colorful outfits without any cars. Critics, including Elon Musk, questioned the brand's direction and the absence of its luxury car heritage in the marketing. Experts suggest this approach could alienate potential buyers and negatively impact the brand's image amid its transition to electric vehicles.
Source: YAHOO
Reported about 5 hours ago
Grayscale has introduced options trading for its Grayscale Bitcoin Trust ETF (GBTC) following substantial interest in BlackRock's iShares Bitcoin ETF (IBIT), which also began options trading. According to Amplify ETFs CEO Christian Magoon, the nearly $1.9 billion trading volume in IBIT ETF options signifies a growing interest that allows investors to hedge or amplify their positions in bitcoin ETFs. This development is seen as a positive step towards institutionalizing bitcoin ETF trades and enhancing overall bitcoin adoption.
Source: YAHOO
Reported about 5 hours ago
President-elect Donald Trump has nominated Dr. Mehmet Oz, a cardiologist and television personality, to head the Centers for Medicare and Medicaid Services, alongside Robert F. Kennedy Jr. as Secretary of Health and Human Services. Analysts are discussing the implications of these appointments on Medicare policy and healthcare, while investors await further nominations for key health positions.
Source: YAHOO