Stock Market Today: Stocks extend gains on Fed rate cut rally; Nvidia leads
Stocks are set to extend their biggest gain since the November election with jobs and retails sales data in focus.
Read MoreTSMC Stock Jumps on Better-Than-Expected Q4 Profit, Bullish AI Outlook
U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. rose in premarket trading Thursday after the world's largest contract chip manufacturer posted better-than-expected fourth-quarter profit and a bullish outlook for artificial intelligence demand.
Read MoreGeberit CEO expects stable, slightly positive US construction market ahead of Trump term
"We expect a stable, slightly positive market in the U.S.," Buhl said of 2025 after Geberit reported its full-year sales, adding, "We have ambitions to expand our market position and become stronger." The company, which has two factories in the United States, has no plans to invest beyond its normal levels in the country, Buhl added, and had already reshored much of its supply chain back to the country.
Read MoreTrump Says He Can ‘Win New York’ in Tele-Rally with Stefanik
Former President Donald Trump believes he can win New York state, the former president said …
Read MoreKraft Heinz makes Marcel Regis president of West and East markets
Regis will be responsible for overseeing the company's operations across Latin America, Eastern Europe, the Middle East and Africa.
Read MoreNew confidence abounds at mid-market companies
“The focus has shifted from caution to growth,” said JPMorgan Chase after polling more than 1,600 executives.
Read MoreChina Vanke has no plans to extend bonds amid market slump, REDD reports
Vanke's onshore bond prices have been volatile in the past few weeks over concerns about its ability to make maturity payments this year following a prolonged property market slump. The state-backed developer has a total of $3.4 billion worth of public bonds, which are mostly onshore debt except one dollar bond - maturing this year. REDD reported on Thursday that China Vanke briefed investors on the matter after online rumours that it was considering bond extensions.
Read MoreTrump ally Elon Musk was ‘illegal worker’ when he began U.S. career
President Joe Biden called out Tesla and SpaceX CEO Elon Musk, now a Republican megadonor …
Read MoreXRP Hits 7-Year High of $3 as Meme Coins on XRP Ledger Surge, Boosting ARMY Market Cap to $107 Million
XRP hit a seven-year high on Jan. 15, 2025, touching nearly $3 as the XRP Ledger experienced a surge in activity, driven by meme coins.
Read MoreInvestors Shun French Markets as Political Risk Still Lingers
(Bloomberg) -- A heavy discount continues to plague French assets and Prime Minister Francois Bayrou’s attempt to tackle the ongoing political crisis has been far from enough to bring investors back. Their return requires a concrete plan to slash the country’s gaping budget deficit.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chas
Read MoreTrump Fuels Hedge Fund Bets on Stocks Under Attack by GOP
(Bloomberg) -- Donald Trump’s arrival in the White House is about to revitalize a group of assets long under attack by the Republican Party.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Policy Amid Rising Crashes, InjuriesChurches, Cinemas — and Moon Artifacts — Top List of Endangered MonumentsThat’s according to a pair of he
Read MoreLG CNS Said to Be Poised to Price IPO at Top of Marketed Range
(Bloomberg) -- LG CNS Co. is poised to price its initial public offering at the top of its marketed range, people familiar with the matter said, putting the deal on course to raise 1.2 trillion won ($823 million) and become South Korea’s biggest listing in three years. Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Policy Amid
Read MoreAnalysis-London’s withering AIM market set to lose more members this year
An exodus of companies from London's Alternative Investment (AIM) market is set to accelerate into 2025, even as Britain's policymakers try to revive the country's capital markets, bankers and financial advisers to AIM companies told Reuters. Already in 2025, Britain's Alliance Pharma agreed to sell itself to asset management firm DBAY Advisors, and online marketing firm Team Internet said it had received takeover approaches from private equity bidders. This 30-year-old segment of the London Stock Exchange was designed to help smaller companies secure capital, with fewer listing requirements than the main market.
Read MoreWhy 2025 could be a great year for skittish investors to jump into the stock market
The stock market may be moving toward an "opportunity zone," and strategists see a healthy correction coming that could set the stage for more gains.
Read MoreWhy stocks and bonds are on a tear today
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season.
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