Stalled-Out Tech Stocks Leave ‘Other 493’ to Drive Market Gains
(Bloomberg) -- Some less-loved sectors of US equities are taking the lead in driving the market higher to start 2025, as lofty valuations and slowing profit growth dull the appeal of the technology giants that fueled much of last year’s strength.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Get
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US Listed Chinese Stocks Rally As China's GDP Growth Data Fuels Optimism
U.S.-listed Chinese stocks including Alibaba Group Holding (NYSE:BABA), Baidu, Inc (NASDAQ:BIDU), JD.com, Inc (NASDAQ: JD), PDD Holdings Inc (NASDAQ: PDD), NIO Inc (NYSE: NIO), Li Auto Inc (NASDAQ:LI), and XPeng Inc (NYSE:XPEV) gained on Friday in sympathy with acceleration of China’s economic activity beating expectations for the last quarter of 2024 as stimulus measures kicked in. China’s gross domestic product expanded by 5.4% in the fourth quarter, beating Reuters estimates of 5.0% growth, C
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Treasury Futures Traders Shake Up Positioning on Fed Cut Bets
(Bloomberg) -- Futures traders are shaking up their bets in the Treasury market after benign inflation data and dovish comments from a Federal Reserve official.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting HarderWill Americans Ever Lose Their Taste for Telework?Changes over the past two
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Deal News and Rumors Are Pushing Intel Stock Higher to Start the Year
Shares of the chipmaker are rising today alongside broader markets, leaving them up more than 8% in January and outpacing the S&P 500.
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Meta and Snap stock prices sink despite the TikTok ban being upheld by the Supreme Court
Shares in TikTok competitors were little helped on Friday after the high court let the ban stand, indicating that investors are not convinced it will happen.
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Qorvo Stock Soars as Starboard Value Takes Stake in Chipmaker
Shares of Qorvo got a boost when it was learned that hedge fund Starboard Value has taken a 7.7% stake in the maker of radio frequency and power chips.
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Intel stock pops 8% because someone apparently wants to buy the troubled chipmaker
Intel’s (INTC) stock was up by more than 8% during late-morning trading on Friday after a report said the faltering chipmaker is being targeted for an acquisition.
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Rivian Stock Rises as EV Maker Finalizes $6.6B DOE Loan to Build Georgia Plant
Rivian Automotive shares rose Friday, a day after the electric vehicle maker announced it had finalized a federal loan worth up to $6.6 billion to build a factory in Georgia.
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Bolivia continues crypto momentum as bank launches USDT custody
Crypto adoption continues in the South American country of Bolivia as a major bank announced …
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FDA authorizes marketing of nicotine pouches for the first time
These items have become popular in c-stores as traditional tobacco sales plunge, and their approval sets the stage for continued growth.
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Veteran trader reworks Wells Fargo stock price target after earnings
Wall Street trader shares his thoughts about the financial services company.
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Goldman Sachs hikes David Solomon's pay 25% — and offers a sweet stock deal to remain CEO
Goldman Sachs (GS) is locking in CEO David Solomon for at least another five years with a sweet stock deal — along with a big, annual pay increase.
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Bybit and Block Scholes Report: ETH Poised for a Rebound
Dubai, United Arab Emirates, January 17th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume released the latest weekly crypto...
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DeFi Agents AI Secures $1.2M to Drive Innovation in AI-Powered Decentralized Finance
Singapore, Singapore, January 17th, 2025, Chainwire DeFi Agents AI (DEFAI) has raised $1.2M, supporting its efforts to improve the way users interact with decentralized finance....
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Microsoft’s Stock Revival Hinges on Showing Growth From AI Binge
(Bloomberg) -- Microsoft Corp. has plowed tens of billions of dollars into artificial intelligence. With its stock struggling, the key question is how quickly those investments can prove to be successful. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesScaramucci, Ackman Donate to Whitney Tilson’s NYC Mayoral RunIn a City of Sprawl, Wildfire Evacuation Is Getting HarderWill Americans Ever Lose Their
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