Stocks close mostly higher Monday despite higher rates; AI and tech take center stage
Stocks were higher Monday.
Read MoreFed official delivers a blunt message to the stock market — which ignores it
Federal Reserve Gov. Lisa Cook gave one of the bluntest warnings an official at the central bank has ever delivered about the stock market.
Read MoreNvidia stock closes at new record ahead of CEO Jensen Huang's CES keynote
Huang is scheduled to deliver his keynote at 6:20 p.m. PST on Monday at the annual Consumer Electronics Show (CES) in Las Vegas.
Read MoreAmerican Airlines Stock Jumps as Analysts Upgrade to 'Buy'
Shares of American Airlines surged Monday after brokerages Jefferies and TD Cowen upgraded and raised their price targets on the air carrier's stock.
Read MoreT-Mobile US Stock Falls Following Analysts' Downgrades
T-Mobile US shares dropped Monday as Wells Fargo and RBC analysts downgraded the stock and cut their price targets.
Read MoreBitcoin Nears $100,000 as Six-Day Rally Powers 2025 Surge: Details
U.Today - Bitcoin, the first and largest cryptocurrency by market capitalization, is edging closer to $100,000 for the first time in 2025, following a remarkable six-day gain....
Read MoreSavvy Trader Peter Brandt: 'I Own Bitcoin and SOL,' But There's a Big Catch
U.Today - Skilled commodities trader Peter Brandt, who has been in the trading business since the 1970s, has taken to his account on the X social media platform in the past to...
Read MoreSignal: Retail Stock Could Extend Rebound
Five Below stock has pulled back to its 80-day moving average
Read MoreMarvell Stock Gains as Custom AI Chips Boost Performance
Marvell Technology shares climbed Monday after the company said its artificial intelligence accelerator chips are now better able to increase the performance of AI servers.
Read MoreSui’s Path Forward: Bybit Debate Forecasts Mass Adoption as Key to Ecosystem Growth in 2025
DUBAI, United Arab Emirates, January 6th, 2025, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, successfully hosted the "Sui Ecosystem...
Read MoreUS companies rush to bond market in fundraising flurry
U.S. companies rushed to the corporate bond markets on Monday as what is usually a seasonal fund-raising spree over the first few days of a new year gained extra momentum to get ahead of any further rise in Treasury yields - which would increase funding costs - after jobs data on Friday. Some 22 companies were offering new bonds in the U.S. investment-grade bond market on Monday, taking the tally of new borrowers to 34 in the first few days of 2025. "With spreads nearing historic levels and the market ostensibly giving up on the hope of significantly lower risk-free rates, now looks like an opportune time for corporates to fund themselves," said Connor Fitzgerald, fixed income portfolio manager at Wellington Management.
Read MoreChina pledges more financial support for ‘whitelist’ real estate projects
09 March 2024, China, Peking: Ni Hong (r.), China’s Minister of Housing and Rural Development, …
Read MoreAnalysts rework Meta stock price targets going into 2025
This is what could happen next to Meta Platforms' shares.
Read MoreCrypto market sees correction after record surge in December 2024- report
-- The cryptocurrency market reached a record high of $3.91 trillion in December 2024, driven by optimism about regulations, institutional adoption, and Bitcoin's new...
Read MoreAMD and Nvidia Overtake Intel in Key Markets, Challenging Its Leadership
U.S. Chips Act beneficiary Intel Corp’s (NASDAQ:INTC) crisis appears to be worse than expected, as companies ranging from Nvidia Corp (NASDAQ:NVDA) and smaller rivals, erstwhile partners like Microsoft Corp (NASDAQ:MSFT) rush to nab Intel’s market share that is critical for its profitability. Intel stock plunged 58% in the last 12 months as it failed to capitalize on the budding market of new kinds of computing and new applications for chips, the Wall Street Journal cited Doug O’Laughlin of Semi
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