Watch this key threshold for the S&P 500 on Wednesday to gauge if stocks will keep rallying in 2025
Wednesday's close will mark the end of the first five trading days of the year, a window that historically sets the tone for the months ahead.
Read More
Members of Congress again outperformed the stock market, report shows
"When Congress members consistently outperform benchmarks like the S&P 500, it raises serious questions about fairness."
Read More
NIO Stock May Have Reached a Turning Point, but Risks Remain
NIO (NIO) stock has lost almost half of its value over the past 12 months and remains quite volatile. The business remains loss-making, and its path to profitability isn’t clear, given the company’s fairly unstable trajectory and investment in new business units. Personally, I’m bearish on NIO stock. The sector is increasingly competitive and the smart money already appears to have moved to automation. I’m also uncertain about the future of battery-swapping technology. Let’s Start with NIO’s Pos
Read More
Stock market today: Indexes slip as yields edge up and traders worry over Trump tariff plans
Trump is considering invoking his emergency powers as president in order to carry out his plan to levy steep tariffs, CNN reported Wednesday morning.
Read More
US activists' demands push up stock prices but maybe not for long, Lazard report says
Demands by U.S. activist investors can send a target company's stock surging, and new data from investment bank Lazard show that these corporate nudges generate considerable market index-beating gains in the days after demands are announced. But the gains are not always long-lasting, according to a report by Lazard. "Activism drives median share price outperformance of 200 basis points in the five days following campaign launches," Lazard wrote in its annual review of shareholder activism, which was released to clients on Wednesday.
Read More
Stock market today: Dow, S&P 500 edge higher with Trump tariffs, jobs report in focus
Investors absorbed a report that President-elect Donald Trump is considering declaring a national economic emergency to pave the way for proposed tariffs.
Read More
Stocks have a mixed day on news Trump might declare an 'economic emergency'
The stock market had mixed results on Wednesday.
Read More
Edison International stock plummets as wildfires leave 70,000 Southern Californians without power
Edison International stock fell nearly 13% Wednesday after the company shut off power to tens of thousands of customers in Southern California as wildfires blazed through the region.
Read More
GE HealthCare Stock Gains After Jefferies Analysts Name It 'Franchise Pick'
GE HealthCare Technologies shares gained Wednesday after Jefferies analysts called the stock a “franchise pick” and made a bullish case for the company’s diagnostic imaging business.
Read More
Trump Policy Jitters Spur Record $26 Billion Bond Flurry in Emerging Markets
(Bloomberg) -- Emerging market governments have notched up the busiest start to a year for bond sales on record, scrambling to lock in funds before US President-elect Donald Trump takes office.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?
Read More
Rigetti, IonQ stocks plunge after Nvidia CEO says 'useful' quantum computing is decades away
Rigetti Computing, IonQ, and other quantum stocks plunged after Nvidia CEO Jensen Huang told Wall Street analysts that “very useful quantum computers” are likely 20 years away.
Read More
Moderna stock forfeits gains as first US bird flu death puts vaccine development in focus
The first human bird flu death in the US has Moderna's vaccine development in focus for investors this week.
Read More
Treasury forced to intervene in market turmoil
The Treasury has been forced to intervene to stabilise financial markets amid growing concern over the impact of Rachel Reeves’s Budget and a surge in borrowing costs.
Read More
AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns
Advanced Micro Devices shares fell Wednesday after HSBC analysts gave the stock a double downgrade, citing concerns about its artificial intelligence revenue.
Read More
Quantum Computing Stocks Sink as Nvidia CEO Says Tech Is 15 to 30 Years Away
Several stocks across the quantum computing industry fell sharply Wednesday after Nvidia CEO Jensen Huang said the technology is likely still years away.
Read More