Tesla Stock Leads Magnificent Seven Shares Higher
Tesla's shares were the S&P 500's top gainers Tuesday as the Magnificent Seven big tech stocks rose on Christmas Eve.
Read MoreInvestors Aggressively Bought Stocks, ETFs In Volatile Fed Week: Bank Of America Reveals Largest Inflows Since 2017
Despite a week of market chaos sparked by the Federal Reserve's hawkish stance, Bank of America clients leaned into risk, driving massive inflows into equities and exchange traded funds. Data released Tuesday shows that BofA clients poured nearly $10 billion into U.S. assets — the second-largest inflow on record since 2008 and the biggest since January 2017. Jill Carey Hall, a Bank of America analyst, highlighted a streak of seven consecutive weeks of inflows and said that, as in the previous fi
Read MoreUS Listed Chinese Stocks Gain on Stimulus Plans to Counter US Tariff Risks
U.S.-listed Chinese stocks Alibaba Group Holding (NYSE:BABA), JD.com, Inc (NASDAQ:JD), PDD Holdings Inc (NASDAQ:PDD), Baidu, Inc (NASDAQ:BIDU), NIO Inc (NYSE:NIO), Li Auto Inc (NASDAQ:LI), XPeng Inc (NYSE:XPEV) are trading higher Tuesday amid reports indicating China’s stimulus plans to deter potential U.S. tariffs. Chinese e-commerce juggernaut Alibaba is considered the barometer for China’s tech sector. Reuters cites familiar sources as saying Chinese authorities plan to issue 3 trillion yuan
Read MoreShigeru Ishiba asks ministers to craft economic package to cushion inflation impact
TOKYO, JAPAN – OCTOBER 1: Japan’s new Prime Minister Shigeru Ishiba attends a press conference …
Read MoreWall Street rises in quiet Christmas Eve trading session
Wall Street's main indexes rose on Tuesday in a truncated trading session before Christmas, with the S&P 500 and the Nasdaq up for the third consecutive day, helped by gains in a handful of megacap and growth stocks. Broadcom and Nvidia provided the biggest boost to the indexes, advancing 2.7% and 0.7%, respectively, while Consumer Discretionary and Technology led gains among S&P 500 sectors. At 09:42 a.m. the Dow Jones Industrial Average rose 32.38 points, or 0.08%, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36%, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59%, to 19,881.43.
Read MoreAnalyst unveils bold Apple stock price forecast in 2025
Apple stock just hit a record high. Here’s what could be next for the iPhone maker.
Read MoreAnalyst revamps MicroStrategy stock price target after surge
Here's what might happen next with the bitcoin specialist's stock.
Read MoreServiceNow initiated, Brinker upgraded: Wall Street's top analyst calls
ServiceNow initiated, Brinker upgraded: Wall Street's top analyst calls
Read MoreBybit Supports Wildlife Conservation Through Sea Turtle Adoption Initiative with Subsum
Dubai, United Arab Emirates, December 23rd, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce a meaningful...
Read MoreComtech Telecommunications Faces Nasdaq Compliance Challenge
The latest announcement is out from Comtech Telecommunications ( (CMTL) ). Comtech Telecommunications Corp. received a notification from Nasdaq indicating non-compliance with periodic filing requirements due to the delayed submission of its Quarterly Report for the period ended October 31, 2024. Although this does not immediately affect the company’s listing or trading status, Comtech has until February 17, 2025, to submit a corrective plan to Nasdaq. If accepted, an extension until June 16, 202
Read MoreOptions vs. stocks: Which one is better for you?
Stocks and options are closely related, but they’re very different things.
Read MoreK-Culture Meme Coin Pepe Buldak Surpasses $2 Million in Presale
Seoul, Korea, December 24th, 2024, Chainwire Inspired by the popular Korean spicy chicken dish "Buldak," Pepe Buldak ($BUL) introduces a unique concept that merges the global...
Read More‘Uptober’ mentions on social media plummet amid crypto rout
Bullish crypto sentiment for the month of October, which has been dubbed “Uptober” on social …
Read MoreTeraWulf sells its 25% stake in Nautilus Cryptomine for $92M
Bitcoin mining firm TeraWulf has just sold its stake in a 200 megawatt Bitcoin mining …
Read MoreStock Market Today: Stocks mixed into short Christmas Eve session
Markets are scheduled to close at 1:00 pm Eastern time today, and will remain closed on Wednesday, as part of the traditional Christmas observances on Wall Street.
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