Stock market today: Dow, S&P 500 inch lower with Trump tariff power move, rate cuts 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 MoreInstacart Is Joining the S&P MidCap 400. Its Stock Is Rising.
Shares of Instacart rose Wednesday on the news that the food-delivery stock will join a new index.
Read MoreLinkedIn Shares Guide on Marketing to Japanese Audiences
Some regional marketing tips from the Professional Social Network.
Read MoreForeigners Keep Dumping Brazil Stocks After $290 Billion Rout
(Bloomberg) -- Foreign investors keep pulling money out of Brazilian stocks as mounting fiscal risks and rising interest rates dim the outlook for local equities.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeNYC Condo Owners May Bear Costs of Landmark Green Building LawDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?Foreigners yanked about 3 billi
Read MoreQuantum computing stocks take a hit as Nvidia CEO predicts long road ahead
(Reuters) -Quantum computing stocks sank on Wednesday, pausing a year-long rally, after Nvidia CEO Jensen Huang said the technology's practical use was likely two decades away. The long wait outlined by Huang for "very useful quantum computers" throws cold water on a sector that was already expected to spend millions more on the technology, which can only perform niche calculations so far. Rigetti Computing, D-Wave Quantum, Quantum Computing and IonQ all fell more than 35%.
Read MoreMark Cuban shuts down the narrative that he’s lost big after betting $29 million on ‘Shark Tank’ by explaining how he’s ‘crushing it in the market’
These are the investments that have paid off for the billionaire
Read MoreModerna stock seesaws as first US bird flu death puts vaccine development in focus
Moderna stock was on track to see a weekly gain of 10% as of Wednesday following the first reported bird flu death in the US.
Read MoreUK 10-Year Yields Hit Highest Since 2008 as Market Rout Deepens
(Bloomberg) -- UK markets tumbled, pushing bond yields to the highest in more than a decade, as jitters over persistent inflationary pressures sparked unnerving comparisons with the 2022 gilt crisis.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeNYC Condo Owners May Bear Costs of Landmark Green Building LawDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbui
Read MoreStock market today: Wall Street drifts lower after its slide from the day before
Wall Street is drifting and making smaller moves on Wednesday, a day after strong reports on the economy stirred up worries that inflation and interest rates may stay higher than expected. In the bond market, which has been the bigger focus for Wall Street recently, yields were also making more modest moves after charging higher over the last month. Reports on the economy Wednesday weren’t as strong as Tuesday’s, which raised hopes that the Federal Reserve may keep cutting short-term interest rates to support the economy and give markets a boost.
Read MoreAppLovin’s Nasdaq-Topping 700% Rally Sets Up Challenging 2025
(Bloomberg) -- After a blistering rally at the end of last year, shares in AppLovin Corp. may be running out of steam.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeNYC Condo Owners May Bear Costs of Landmark Green Building LawDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?The stock fell 7% on Tuesday after Bank of America analysts said fourth-qua
Read MoreAppLovin’s Nasdaq-Topping 700% Rally Sets Up Challenging 2025
(Bloomberg) -- After a blistering rally at the end of last year, shares in AppLovin Corp. may be running out of steam.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?The stock fell 7% on Tuesday after Bank of America analysts said fourth-qua
Read MoreAbsci Stock Jumps As AMD Invests $20M To Boost AI Drug Discovery
AI drug creation company Absci Corporation (NASDAQ:ABSI) shares are trading higher in premarket on Wednesday after the company entered into a strategic collaboration with Advanced Micro Devices Inc (NASDAQ:AMD) to enhance its AI drug discovery capabilities. The partnership will leverage AMD Instinct accelerators and ROCm software to support Absci’s advanced de novo antibody design models. The deal also includes a $20 million private investment in public equity (PIPE) by AMD, underscoring the ris
Read MoreNvidia Teams Up With MediaTek to Challenge Intel and AMD in Desktop CPU Market
On Tuesday, Nvidia Corp (NASDAQ:NVDA) chief Jensen Huang said Taiwanese fabless semiconductor company MediaTek could sell the desktop central processor chip the two companies revealed this week. On Monday at CES 2025, Nvidia showcased Project DIGITS, a desktop computer that leverages the chip designer’s latest Blackwell AI chip and contains a new central processor that Nvidia and MediaTek co-developed, SCMP reports. Huang told analysts that Nvidia tapped MediaTek to co-design an energy-efficient
Read MoreHow To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 Earnings
Goldman Sachs Group, Inc (NYSE:GS) will release earnings for its fourth quarter, before the opening bell on Wednesday, Jan. 15. Analysts expect the New York-based investment bank to report quarterly earnings at $8.35 per share. That’s up from $5.48 per share in the year-ago period. Goldman Sachs expects quarterly revenue of $12.42 billion, compared to $11.32 billion a year earlier, according to Benzinga Pro. On Monday, Barclays analyst Jason Goldberg maintained Goldman Sachs with an Overweight.
Read MoreWatch These Palantir Price Levels as Stock Continues to Retreat From Record High
Palantir shares moved lower in premarket trading Wednesday after falling sharply yesterday, as the stock continues to retreat from its record high set in late December. Monitor these key chart levels.
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