Oklo Stock Jumps, Retreats in Whipsaw Trading After Switch Announcement
Oklo, a nuclear energy startup, announced a partnership on Wednesday with Switch, a data center provider that works in the cloud and artificial intelligence industries. The stock swung wildly as investors digested the news.
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Jabil Stock Soars on Circuit Board Maker's Q1 Results, Raised Outlook
Jabil exceeded profit and sales estimates in the first quarter since announcing a restructuring.
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Crypto Fear & Greed Index Jumps Back into Greed Territory
The Crypto Fear and Greed Index has reached its highest point since July, spending two …
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Nissan Stock Jumps as Investors Eye Possibility of Honda Deal
Honda and Nissan have acknowledged the possibility of a merger, driving an active trading session in Tokyo for the Japanese auto makers.
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Buffett Favorite Heico Stock Sinks as Electronic Technologies Sales Slip
Heico set records for revenue, net income, and operating income in the fourth quarter, but overall sales missed estimates, sending shares lower.
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General Mills Stock Slips as Cereal Maker Lowers Full-Year Profit Outlook
General Mills shares moved lower Wednesday morning as the company's lowered fiscal 2025 profit outlook offset second-quarter results that beat analysts' estimates.
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Electronic Arts, Rivian downgraded: Wall Street's top analyst calls
Electronic Arts, Rivian downgraded: Wall Street's top analyst calls
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Biden reignites talk of a stock-trading ban for lawmakers. Familiar hurdles remain.
President Joe Biden this week announced an endorsement of a stock-trading ban for US lawmakers, making a last-minute entry into an issue that has bedeviled Capitol Hill for years.
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Futures move higher in run-up to Fed rate decision
(Reuters) -U.S. stock index futures edged up on Wednesday, as markets eagerly awaited the Federal Reserve's final rate decision of the year and signals on whether policymakers will take a more cautious stance in 2025. The Fed is widely expected to reduce interest rates by 25 basis points at its meeting. With a rate cut broadly priced in, the Fed's summary of economic projections (SEP), which includes the "dot plot" of rate projections, and comments from Chair Jerome Powell will be in focus for indications on the rate path in 2025.
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Nissan-Honda merger would not bring quick fixes, S&P says
While the potential deal would result in a $54 billion automotive company, the world's third largest, any benefits for its credit outlook would come with a delay, they wrote in a research note. "We ... believe it will be difficult for them to produce significant effects quickly through expanding the scope of their collaboration to include batteries, software, and autonomous driving," S&P analysts said, but added the eventual impact on their creditworthiness would be significant. A merger would likely have a negative impact Honda's standalone credit outlook, while it should positively affect that of Nissan, they added.
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Birkenstock Stock Rises as Shoemaker Sees Margins Improving
Birkenstock Holdings posted better fourth-quarter earnings Wednesday than analysts had expected and said it expects margins will improve in fiscal 2025.
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Best and Worst Holiday Stocks for Options Traders
The week of Christmas is typically bullish for stocks
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Silicon Valley’s Secondary Markets Are Bigger Than Ever
(Bloomberg) -- Secondary transactions involving venture-backed startups are on track to hit a new high this year, as companies like OpenAI, SpaceX and Stripe Inc. organize tender offers to get employees paid, and investors look for ways to offload stakes outside of initial public offerings.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousTender offers give staffers, former employees and certain investors a way to sell their shares directly to other investors
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EXCLUSIVE: Penny Stock TC BioPharm Proposes Special Stock Dividend
On Wednesday, TC BioPharm (Holdings) PLC (NASDAQ:TCBP) announced that its Board of Directors approved a special dividend of 0.25 American Depositary Shares for every 1 ADS held by shareholders, pending shareholder approval. The company intends to hold a general meeting of shareholders on Monday, December 30. The dividend is expected to be declared on December 30, 2024, and payable to shareholders who own the company's stock at the close of trading on January 02, 2025. "We are extremely pleased t
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Stock market today: Dow looks to snap longest losing streak since 1978 with Fed decision on deck
Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978
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