Reported about 9 hours ago
Canadian Prime Minister Justin Trudeau stated that Canada stands ready to implement counter-tariffs against the U.S. if President-elect Donald Trump follows through on his proposed tariffs, particularly those impacting Canadian products. Trudeau emphasized the strong trade relationship between the two nations, noting Canada's significant imports from the U.S. and the repercussions a trade war could have on American jobs. Canadian officials are drafting plans to respond to a broad range of items that could be affected by any new tariffs.
Source: YAHOO
Reported about 10 hours ago
Upstart's stock soared by 51% in 2024 as the AI-driven credit evaluation company shows signs of recovery after hitting lows due to rising interest rates. The company, known for its innovative use of machine learning in assessing credit risk, has faced challenges with reduced loan approvals affecting revenues. However, expectations of lower interest rates in 2025 and the robust performance of its approved loans hint at a potentially profitable future, despite the stock's current volatility and 85% dip from its peak.
Source: YAHOO
Reported about 10 hours ago
Source: YAHOO
Reported about 10 hours ago
This week, global commodity markets are heavily influenced by the returning La Niña weather phenomenon and rising agricultural prices. The UN reports a reversal in the decline of food prices, driven by increased costs in key commodities like vegetable oils and meats. Additionally, concerns over impending tariffs are causing a surge in metal inventories in the US, while liquefied natural gas prices maintain a significant premium over oil due to colder weather and supply issues. Finally, the lithium market continues to struggle with oversupply and stagnant demand in the electric vehicle sector.
Source: YAHOO
Reported about 10 hours ago
Bain Capital has increased its bid for Insignia Financial Ltd. to A$4.30 per share, aligning with an earlier offer from CC Capital Partners. This comes after Insignia rejected Bain's previous lower bid last month. Bain has expressed willingness to negotiate a deal structure that includes equity options for Insignia shareholders, amidst growing international interest in Australian wealth management firms.
Source: YAHOO
Reported about 10 hours ago
The strong US employment report has led to soaring bond yields and a surging dollar, causing turbulence in Asian markets as investors brace for higher borrowing costs. The robust job creation and falling unemployment rates signal a solid US labor market, yet they heighten concerns over the potential effects on growth in emerging economies, particularly in Asia. As expectations for Fed rate cuts diminish, sentiment remains fragile, and upcoming trade figures from China are likely to exacerbate caution among investors.
Source: YAHOO
Reported about 11 hours ago
Source: WSJ
Reported about 11 hours ago
Global government bond yields are rising sharply at the start of 2025, signaling a potential shift in borrowing costs that could impact economies worldwide. With US yields spiking, concerns are surfacing about the long-term sustainability of low rates. Factors such as increased government debt, fiscal policies under a returning Trump administration, and an evolving economic landscape are prompting investors to reassess risk and return in the bond market, leading to fears of a prolonged high-rate environment.
Source: YAHOO
Reported about 12 hours ago
To generate an income of $100 a month from Stanley Black & Decker stock, an investment of approximately $29,851, or around 366 shares priced at $81.65 each, is needed. The company has a current dividend yield of 4.02% and has consistently raised its dividends for 57 years. With anticipated earnings reports coming up and a focus on dividends, investors may find this stock appealing for reliable monthly income.
Source: YAHOO
Reported about 12 hours ago
The United States is experiencing a paradox of a serious housing shortage yet an excessive number of luxury apartments. With a national vacancy rate for high-end units at 11.4% and an overall multifamily apartment vacancy rate of 8%, developers have oversaturated the market with expensive rentals that many cannot afford. While some cities like Austin are seeing vacancy rates as high as 15%, other areas such as New York maintain tight rental markets. As evictions rise and construction of affordable units dwindles, the challenges in aligning housing supply with tenant budgets persist.
Source: YAHOO
Reported about 12 hours ago
As artificial intelligence (AI) continues to grow, three standout stocks for January 2025 are Nvidia, Microsoft, and Salesforce. Nvidia has capitalized on the AI boom with massive revenue growth, especially its graphical processing units (GPUs) being vital for AI infrastructure. Microsoft is investing heavily in AI, particularly through its Azure cloud platform and AI-powered tools, while Salesforce is focusing on advancing AI with its new Agentforce platform. These companies present promising opportunities for investors looking to benefit from the AI sector.
Source: YAHOO
Reported about 13 hours ago
According to forecasts, both Amazon and Alphabet may exceed Nvidia's market value by the end of 2025, driven by strong growth in AI spending. Amazon, valued at $2.3 trillion, would need a 52% increase, while Alphabet, worth $2.4 trillion, requires a 46% rise to reach $3.5 trillion. Despite the aggressive predictions, analysts believe both companies are well-positioned to capitalize on the booming AI infrastructure demand and report better-than-expected financial results.
Source: YAHOO
Reported about 13 hours ago
In a recent Yahoo Finance Sports Report, PSA President Ryan Hoge discusses the growing trend of investing in sports trading cards and how PSA is facilitating this market. PSA has expanded its services by acquiring Card Ladder for valuation tracking and launching the PSA Vault for secure card storage and easier selling. This innovation aims to provide collectors with more liquidity and efficient trading options.
Source: YAHOO
Reported about 13 hours ago
In 2024, Nvidia soared to a $3.4 trillion market cap, positioning it as one of the largest companies globally, alongside Apple and Microsoft. Its impressive growth has been fueled primarily by AI data center sales, which now represent over 80% of its revenue. Although analysts anticipate continued revenue growth, with figures around 52% for the next year, concerns about overvaluation persist given its high price-to-earnings ratio. Despite the competition, Nvidia remains well-placed to leverage the ongoing AI revolution, suggesting it could continue to thrive in 2025.
Source: YAHOO
Reported about 13 hours ago
Source: BARRONS
Reported about 13 hours ago
Scott Bessent, nominated by President-elect Donald Trump for Treasury Secretary, has disclosed assets totaling at least $521 million, with significant holdings including a Bahamian residence and various S&P 500 ETFs. His financial disclosure reveals a mix of real estate and investments, but he plans to divest from his hedge fund, Key Square, to avoid conflicts of interest if confirmed.
Source: YAHOO
Reported about 13 hours ago
Los Angeles is battling severe wildfires exacerbated by dry, hot winds expected to persist into midweek, marking one of the worst wildfire seasons for Southern California. While some smaller fires are being managed, the Palisades and Eaton fires are largely out of control, leading to evacuation orders and significant property damage. Over 10,000 structures have been destroyed, and 16 fatalities have been reported. Governor Newsom has issued an executive order to streamline rebuilding efforts and prevent housing costs from escalating further due to the disaster. Meanwhile, investigations into the causes of the fires are underway, with potential implications for utility companies.
Source: YAHOO
Reported about 14 hours ago
Source: BARRONS
Reported about 14 hours ago
Traders in the options market are bracing for the British pound to potentially drop as much as 8% further, following a significant selloff due to ongoing fiscal concerns. With rising demand for contracts predicting a fall below $1.20 and even $1.12, market sentiment is grim, fueled by investor fears over inflation and borrowing levels. The pound's recent performance has been the most troubling among major currencies, and while some strategists maintain a cautious outlook, others warn that the current weakness may not be over.
Source: YAHOO
Reported about 14 hours ago
In this podcast, host Mary Long converses with various Motley Fool investors who share their personal investing journeys, the resources that influenced them, and advice for beginners. The discussion highlights the importance of education, mentorship, and a gradual approach to investing, emphasizing that anyone can become an investor regardless of their background. The episode encourages starting small, engaging with communities, and focusing on long-term strategies.
Source: YAHOO
Reported about 15 hours ago
Manhattan's luxury real estate market saw a notable increase in sales at the end of the year, with a 3.7% rise in luxury apartment sales, despite a 10.7% decrease in overall luxury deals. Affluent buyers, buoyed by stock market gains and the outcome of the presidential election, have accepted the 'new normal' of higher interest rates. The surge in buyer activity coincided with a drop in luxury housing inventory, resulting in median sales prices rising by 6.5% annually.
Source: YAHOO
Reported about 15 hours ago
As investors look toward 2025, the question arises: should they invest in Tesla, a leader in electric vehicles and AI, or Meta Platforms, which dominates social media and has integrated AI into its services? Both stocks experienced significant growth in 2024, but Tesla faces challenges with its Cybercab launch and regulatory hurdles for its software, while Meta benefits from a strong advertising model and promising AI developments. Ultimately, Meta's attractive valuation relative to Tesla makes it a safer investment option for the coming year.
Source: YAHOO
Reported about 15 hours ago
The Federal Deposit Insurance Corporation (FDIC) has set a new deadline of February 10 for BlackRock to address oversight issues related to its investments in FDIC-regulated banks. This follows BlackRock's failure to meet a prior deadline, and the FDIC may launch an investigation if sufficient progress is not made. Tensions have been rising as BlackRock negotiates its oversight agreement, similar to one already established by Vanguard Investments.
Source: YAHOO
Reported about 15 hours ago
As the U.S. economy transitions from a hot recovery phase to a more normalized growth pattern, nine once-prominent economic metrics, including business investment, job openings, and home affordability, have shown signs of cooling. While these metrics no longer indicate the explosive growth seen in previous years, they do not signal an impending recession. Instead, they suggest a healthy economy that is adapting to changing monetary policies and market conditions.
Source: YAHOO
Reported about 15 hours ago
Shares of Walgreens Boots Alliance soared by 27.5% on January 10, 2024, fueled by a better-than-expected earnings report, yet the company's substantial challenges and low margins in the U.S. pharmacy sector raise caution. Analysts have mixed opinions about the stock's potential as it struggles against integrated pharmacy benefits managers and rising competition, suggesting investors may want to wait until profitability improves before making any decisions.
Source: YAHOO