Nvidia stock slumps into a correction and Broadcom sinks despite its 'Nvidia moment'
Nvidia (NVDA) stock is in correction territory, and rival chipmaker Broadcom’s (AVGO) late-year boost took a hit Tuesday morning.
Pfizer Stock Rises as 2025 Outlook in Line With Expectations
Pfizer shares rose Tuesday morning after the pharmaceutical company affirmed its full-year 2024 projections and issued 2025 revenue and adjusted profit guidance in line with analysts' estimates.
Tesla Will Be The 'Biggest Winner' In The Trump Era, Says Dan Ives; Predicts Nasdaq At 25,000 In 18 Months: 'Get the Popcorn Out'
Wedbush Securities analyst Dan Ives predicts a major tech sector expansion driven by artificial intelligence and deregulation under President-elect Donald Trump‘s administration, forecasting the Nasdaq could reach 25,000 within 18 months. What Happened: Speaking on CNBC’s “Closing Bell,” Ives described Trump’s incoming administration as a “Goldilocks scenario” for tech companies, citing expected regulatory relief from agencies including the Federal Trade Commission. Don’t Miss: Deloitte's fastes
Stock market today: Dow logs longest losing streak since 1978 as stocks slide ahead of Fed decision
The Fed meeting kicks off with investors on alert for clues to the path of rates after the widely expected December cut.
Stock market today: Indexes slip as the last Fed meeting of the year kicks off
While the market sees a 25 basis point rate cut this week as all but certain, odds the Fed hits the brakes on further cuts in January have steadily risen.
Three Reasons Why Alibaba (BABA) Is a Top Stock after Its Recent Pullback
Alibaba’s (BABA) shares have fallen more than double digits since reaching their 52-week highs in early October, following a rally driven by the announcement of a robust stimulus package for the Chinese economy. However, despite being in correction territory, I believe three bullish factors surrounding the Chinese e-commerce giant have been underestimated by the market. These factors are reflected in the company’s valuation, which appears to be sufficiently de-risked for long-term optimism. As a
Marquee Brands Taps Former Authentic Exec Natasha Fishman as Chief Marketing Officer
Fishman will lead the company’s marketing, creative and corporate communications.
Dow Posts 9th Straight Daily Loss; Fed Meeting Gets Underway
The Dow Jones Industrial Average declined for the ninth straight day as the Federal Reserve kicked o
Stocks Drop Before Fed’s Last Decision of the Year: Markets Wrap
(Bloomberg) -- US stocks declined as traders braced for the Federal Reserve’s widely anticipated rate decision and its forecast for next year.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe S&P 500 and the Nasdaq 100 slid 0.4%. The Dow Jones Industrial Average posted its longest losing streak since 1978. The yield on 10-year Treasuries was little changed at 4.40%. Bloom
Dow Industrials Is Mired in Longest Slide Since 1978
(Bloomberg) -- While US equities churn near all-time highs, one of the most closely watched indexes is mired in its longest losing streak since Jimmy Carter was president.Most Read from BloombergHow California Sees the World, and ItselfLondon’s Tube Fares Are Set to Rise by 4.6% Next YearThe Dow Jones Industrial Average ended the day 0.6% lower for its ninth straight decline, which marks the blue-chip gauge’s longest losing streak since 1978. The 30-stock index is down 3.5% over that stretch.The