Bitcoin must hold this 2021 level as traders see BTC price dip ‘over’
Bitcoin has two new key levels to preserve as support while BTC price action bounces …
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As NVDA stock drops on Biden’s proposed AI rules, Nvidia flatters Trump in statement blasting ‘government overreach’
As the Biden administration heads into its final week, AI industry players are cozying up to the incoming president, likely in hopes that he’ll nix the restrictions.
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Nvidia and other AI stocks are bleeding after Biden issued new AI rules
The stock market is in the red, with the tech-heavy Nasdaq plunging more than 1% on Monday morning as new regulatory measures introduced by President Biden have severely impacted artificial intelligence (AI) stocks. These changes have raised concerns among investors, leading to a sharp sell-off in AI-related companies.
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Apple's iPhone Market Share Declines in China, Huawei and Xiaomi Gain Momentum in 2024: Counterpoint
Smartphone giant Apple Inc’s (NASDAQ:AAPL) iPhones, minus their highly anticipated Apple Intelligence features, failed to gain traction in China, paving the way for the country’s domestic players in 2024. Counterpoint’s Tarun Pathak mentioned 2024 as a year of recovery and normalization after a difficult 2023. Global smartphone sales grew 4% in 2024 after two consecutive years of annual declines, Counterpoint cites preliminary data. Smartphone sales marked a decade low in 2023. Also Read: Nvidia
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Global air financiers see jet shortages dragging on as values soar
DUBLIN (Reuters) -The world's largest aircraft lessors forecast on Monday that manufacturing delays would drag on until the end of the decade at least, keeping prices high and limiting the entry of new players into an industry that controls half of the world's jets. The world's top lessors, all among the largest buyers of Boeing and Airbus aircraft, traded stories of crippling delays and sky-high lease rates paid by airline clients at the annual Airline Economics meeting in Ireland, where most of the industry is based. For now, that means good profits for lessors and many airlines, since shortages push up demand and fares.
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Howard Hughes Stock Pops on Billionaire Bill Ackman's $85 Per Share Offer
Billionaire Bill Ackman’s investment vehicle Pershing Square has offered to buy the remainder of real estate developer Howard Hughes for $85 per share, driving its stock higher.
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S&P 500, Nasdaq fall as investors scale back bets on Fed rate cuts in 2025
U.S. stocks dropped on Monday, with the benchmark S&P 500 at a two-month low as bond yields surged after robust payroll numbers last week, boosting expectations that the Federal Reserve will maintain a hawkish stance for most of this year. At 09:50 a.m. the Dow Jones Industrial Average rose 105.06 points, or 0.25%, to 42,043.51, the S&P 500 lost 40.79 points, or 0.70%, to 5,786.25, and the Nasdaq Composite lost 274.13 points, or 1.43%, to 18,887.50. At one point, traders were no longer fully pricing in even one Fed rate cut this year, according to data compiled by LSEG, from about 43 basis points before Friday's job figures.
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Winter weather helps market stabilize after holidays
Tender rejection rates were back on the rise this week as winter weather impacted markets across the south. Tender volumes start 2025 down y/y The post Winter weather helps market stabilize after holidays appeared first on FreightWaves.
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Which geographical markets should private banking be looking at in 2025?
Where in the world is leading the private banking sector this year?
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Stock market today: Dow revives as Nasdaq, S&P 500 slide amid rate-cut fears
Stocks are under pressure as strong data craters bets on the chances of Fed rate cuts.
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Cathie Wood buys $8.6 million of surging mega-cap tech stock
The Nasdaq Composite gained 28% between January 2024 and January 2025. But the ARK Innovation ETF returned just 16.5%.
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Etsy upgraded, Pinterest downgraded: Wall Street's top analyst calls
Etsy upgraded, Pinterest downgraded: Wall Street's top analyst calls
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The bull market is still intact. This pullback is just the cost of doing business, says strategist
The S 500 is probably halfway through its setback already, says Truist strategist.
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Thaksin Outlines Steps to Revive Flagging Thai Stock Market
(Bloomberg) -- Thaksin Shinawatra, the de facto chief of Thailand’s ruling party, called for tighter regulatory oversight, better corporate governance and tax incentives for long-term equity investors to revive confidence in the country’s stock market.Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNew York, San Francisco Ranked Worst for US Traffic in City CentersThe two-time former prime mi
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Discount Stores Chain Five Below Holiday Period Sales Surge 8.7%; Stock Rises
Specialty discount store chain Five Below Inc. (NASDAQ:FIVE) shares are trading higher in premarket Monday after an upbeat 2024 holiday sales. The company posted a net sales increase of 8.7% to $1.19 billion for the holiday period, which covered nine weeks from November 3, 2024, through January 4, 2025. This compares to the sales of $1.10 billion during the same period last year. However, comparable sales for the period dipped by 3.2%. Tom Vellios, Executive Chairman and co-founder, said, “The i
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