Next wave of US crypto ETFs already within the pipeline
By Suzanne McGee (Reuters) – What a difference a yr makes. Rewind the clock to early January 2024, and the asset-management industry was anxiously watching to see if the much-anticipated…
Business
2 Reasons to Buy Palantir Stock Like There’s No Tomorrow
Palantir Technologies (NASDAQ: PLTR) stock’s stunning surge of 372% in 2024 has made the stock extremely expensive, which explains why investors could also be wary of shopping for this high-flying…
Why mid-sized corporations could also be ‘good’ for GenAI adoption
Despite generative AI’s remarkable advances in recent times, adoption of the technology stays largely confined to the identical large corporations which have historically led the way in which in deploying…
TSMC Sales Beat Estimates in Boost for AI’s Outlook in 2025
(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s quarterly sales topped estimates, reinforcing investor hopes that the torrid pace of AI hardware spending will extend into 2025. Most Read from Bloomberg The…
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
By Manya Saini (Reuters) – U.S. insurance stocks slid on Friday as analysts estimated insured losses from the wildfires menacing Los Angeles could reach as high as $20 billion, potentially…
Why Roku Stock Plunged 19% in 2024
Roku (NASDAQ: ROKU) stock dropped 18% in 2024 based on data provided by S&P Global Market Intelligence. The market was wary of competition and is losing patience with its losses….
Cava Stock Is Down 25% Over the Past Month. Is It Time to Buy?
Investors have been going wild over Cava Group (NYSE: CAVA) stock because it debuted in the marketplace in 2023. I mean that just about literally — it’s up 174% over…
Apple CEO Pay Rises 18%; Company Opposes Anti-Diversity Measure
(Bloomberg) — Apple Inc. disclosed a 18% pay increase for Chief Executive Officer Tim Cook ahead of its annual meeting next month, while also saying it opposed a shareholder measure…
Nvidia, chip stocks drag tech lower as latest Biden export rules, jobs report weigh
Nvidia (NVDA) stock fell Friday together with other chipmakers after a December jobs report pushed out expectations for extra rate cuts from the Federal Reserve and ahead of expected chip…
Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
US stocks plunged on Friday as investors digested the ultimate jobs report of 2024. The information blew past expectations on hiring, raising more uncertainty concerning the path of rates of…