Tesla Missed High Sales Expectations. Will Robotaxi Also Disappoint?
Key Takeaways Tesla shares slid on Wednesday after the EV maker’s quarterly deliveries came in …
Read MoreSEC files appeal in Ripple lawsuit
The United States Securities and Exchange Commission (SEC) filed a notice of appeal in the …
Read MoreMarkets in 2024: Wall Street's high-octane rally keeps investors captive to the US
Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus. That comes mostly thanks to a second year of huge gains for Wall Street stocks as artificial intelligence fever and robust economic growth sucked more global capital into U.S. assets and took the dollar up 7% against peers in 2024. U.S. exuberance rose after Donald Trump's Nov. 5 election win, as traders focused on the President-elect's plans for tax cuts and deregulation, with the surge in animal spirits propelling cryptocurrency bitcoin to a 128% annual gain.
Read MoreWhy Caesars Entertainment Stock Jumped to a 6-Month High Wednesday
Key Takeaways Caesars Entertainment on Wednesday approved a $500 million stock repurchase plan and will …
Read MoreWhat to Expect From Fifth Third Bancorp’s Q3 2024 Earnings Report
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Read MoreGM’s EV Sales Growth Soars, While Ford’s Makes Only Modest Gains
Key Takeaways General Motors reported third-quarter EV sales soared 60% year-over-year, but they were up …
Read More2 ‘Strong Buy’ Stocks to Hedge Your Election Bets
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Read MoreChinese Investors Buy Record Amount of Hong Kong Stocks Via Link
(Bloomberg) -- Mainland Chinese investors snapped up a record amount of Hong Kong stocks as they ramped up exposure to risk assets in the city amid a revival of animal spirits and a weakening yuan. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisTr
Read MoreJapan’s Bond Market Is Set to Absorb Biggest Supply in a Decade
(Bloomberg) -- Investors are set to face the largest supply of Japanese sovereign bonds in at least a decade as the central bank plans to shrink its balance sheet, adding to debtholders’ woes from rising interest rates.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayReviving a Little-Known Modernist Landmark in BuffaloThe Architects Who Built MiamiNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Havi
Read MoreCorn Continuing Strength on Wednesday, with Spillover Support from Wheat
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Read MoreNike’s Withdrawn Outlook Pushes Stock Lower With New CEO Waiting in the Wings
Key Takeaways Nike stock is falling Wednesday, a day after the company’s declining fiscal first-quarter …
Read MoreSanta, aka the IRS, might be dropping $1,400 into your stocking this year
Whether you were naughty or nice, if you never received your stimulus check in 2021, you are eligible for the Christmas cash infusion.
Read MoreLamb Weston Stock Is Rising After It Announced a Restructuring Plan
Key Takeaways Lamb Weston stock rose on news that it will close a facility, reduce …
Read MoreA Strategic Approach to Navigating Volatility and Risk
Cryptocurrency has evolved as a global asset class with significant implications for modern investment portfolios. …
Read MoreDollar Gains on Middle East Tensions and US Labor Market Strength
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