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China’s ‘Old Shop’ Jeweler Bucks Slowdown With 437% Stock Rally

(Bloomberg) -- If anything glitters in China’s otherwise dour retail jewelery landscape, chances are it just might be from Laopu Gold Co.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe Bejing-based jeweler, whose Chinese name translates to “old shop,” is luring shoppers as it outshines market leader Chow Tai Fook Jewel

ETF Market Tops $15T on Active Management Boom

Global ETF assets reached $15.1 trillion in 2024, as investors embraced a record number of new launches and active management strategies, according to a new Bank of America report.

Reddi-wip Owner Conagra Brands' Stock Slides as Inflation Leads to Lowered Outlook

Conagra Brands shares slid Thursday after the food giant lowered its profit outlook, citing a "challenging consumer environment."

The best and worst airlines stocks of 2024

It has been feast or famine for the airline industry this year. An uneven merger landscape had a ripple effect on several players, and a sector-wide shift towards the premium end of the market left budget carriers scrambling to rethink their business models. That chaos showed up in stock prices, which ranged from nearly triple-digit losses to triple-digit gains.

io.net Joins Dell Technologies Partner Program as Authorized Partner and Cloud Service Provider

Dubai, UAE, December 19th, 2024, Chainwire io.net, the leading provider of decentralized GPU computing solutions, has been accepted to join the Dell Technologies (NYSE:DELL)...

131.2 Million SHIB Torched, But There's Big Catch Here

U.Today - The Shibburn data tracking platform has revealed that the SHIB community has succeeded in removing SHIB meme coins from circulation. However, there is nuance with this...

The Fed's 'pivot' brought market uncertainty to the forefront

The Federal Reserve's hawkish comments about uncertainty in the rate path ahead spooked investors.

FDA says knockoff versions of Lilly obesity drug must come off the market

Specialty pharmacies and online companies that have been selling off-brand copies of two blockbuster drugs for obesity and diabetes will need to phase out their versions next year under a federal decision issued Thursday. The Food and Drug Administration said that a nationwide shortage of Eli Lilly’s Zepbound and Mounjaro has been resolved, eliminating the need for copycat versions of the drugs that have become wildly popular with Americans trying to lose weight. The decision is a win for Lilly — which had been pressing the FDA to take the step for months — and is expected to impact how patients access the drugs, including how much they pay.

Stocks tanked after the Fed signaled fewer rate cuts next year. Here's what Wall Street analysts see ahead.

The Federal Reserve cut interest rates on Wednesday but projected only two further cuts next year. Here's what analysts are saying about the news.

Bybit x Block Scholes Crypto Derivatives Report: BTC at All-Time High, ETH Options Signal Momentum

Dubai, United Arab Emirates, December 19th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today released its latest crypto...

Harbour Teams with Velocity Labs to Launch Instant Stablecoin Payment Between EU Banks and Polkadot

London, UK, December 19th, 2024, Chainwire Harbour, in partnership with Velocity Labs, announces the launch of their stablecoin payment system “Magic Ramp”, connecting...

Why the intermodal market is in a ‘long peak’ right now

Intermodal volumes are robust, even past peak retail season. What does it mean for 2025? The post Why the intermodal market is in a ‘long peak’ right now appeared first on FreightWaves.

Office Rebound Expected in 2025 While Other Real Estate Stocks to See Trouble

(Bloomberg) -- It’s been a challenging couple of years for real estate stocks since the Federal Reserve started raising interest rates in 2022, as borrowing costs soared and the property market collapsed. And despite a healthy rebound in the middle of 2024, the outlook for 2025 isn’t particularly encouraging.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets a

David Zaslav just sold $30 million worth of Warner Bros. Discovery stock

Warner Bros. Discovery (WBD) CEO David Zaslav sold over $30 million of the company’s stock this week, according to a U.S. Securities and Exchange Commission (SEC) filing.

We asked 5 AI chatbots to pick stocks for 2025. Here's what they said

The year 2025 is virtually here, bringing with it a wave of curiosity from investors eager to see what the stock market holds.

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