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Federal Reserve Policy Reversal? Buzz Around 2025 Rate Hikes Gains Momentum: 'It's A Paper Barrier...Will Break Through It Quickly If The Data Becomes Overwhelming'
Wednesday, January 15, 2025 - 4:28am | 429Investors are buzzing with speculation about the Federal Reserve possibly raising interest rates in 2025. This comes despite recent aggressive rate cuts. The conversation is heating up around a potential policy reversal. What Happened: While the likelihood of a rate hike remains at zero according...
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Nippon Steel Eyes Trump Administration To Revive $15B US Steel Deal Blocked By Biden: 'We'll Do Whatever It Takes'
Wednesday, January 15, 2025 - 3:44am | 542According to Reuters, Nippon Steel (OTC:NPSCY) is eager to engage with Donald Trump‘s incoming administration to finalize a takeover of U.S. Steel (NYSE:X). This comes after President Joe Biden blocked a $14.9 billion acquisition, leading to...
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Solana, XRP ETFs Could Outperform Ethereum ETFs, Says JPMorgan
Tuesday, January 14, 2025 - 9:52am | 479Banking giant JPMorgan forecasts significant investments in Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) exchange-traded funds (ETFs) if they receive approval. The report, shared on Jan. 13, suggests these ETFs could outperform Ethereum (CRYPTO: ETH) ETFs in their initial six months. What...
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TSLA Stock Rises 3% In Tuesday Pre Market: What's Going On?
Tuesday, January 14, 2025 - 6:07am | 450Tesla Inc. (NASDAQ:TSLA) stock experienced a 2.68% rise on Tuesday during pre-market hours, according to Benzinga Pro. This uptick was driven by a combination of factors, including a revised price target from Morgan Stanley and advancements in Tesla’s Full Self-Driving (FSD) technology, as...
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Jim Cramer Says 'One-Two Punch' From Government And Meta CEO Mark Zuckerberg Led To Nasdaq's Monday Decline: '...May Have Been Too Much For Everyone'
Tuesday, January 14, 2025 - 5:18am | 474Jim Cramer has offered insights into the recent struggles of the Nasdaq Composite, which failed to rally despite gains in other major indices. The tech-heavy index dipped 0.38% while the Dow Jones Industrial Average rose 0.86% and the S&P 500 increased 0.16%. What Happened:...
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Howard Hughes Stock Jumps 11% Monday Pre-Market After Bill Ackman's Pershing Square Proposes $1B Stake Boost (CORRECTED)
Tuesday, January 14, 2025 - 4:51am | 371Editor’s Note: This story has been updated to clarify that Ackman’s Pershing Square plans to increase its Howard Hughes Holdings stake by $1 billion. Howard Hughes Holdings Inc. (NYSE:HHH) experienced an 11.01% increase in its stock price on Monday during pre-market hours, as per...
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EU Reconsiders Apple, Meta And Google Investigations Ahead Of Trump's Potential White House Return: 'It's Going To Be A Whole New Ballgame'
Tuesday, January 14, 2025 - 4:05am | 521Brussels is revisiting its scrutiny of major tech firms like Apple Inc. (NASDAQ:AAPL), Meta Platforms Inc. (NASDAQ:META), and Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG). This comes as U.S. companies urge President-elect Donald Trump to tackle what they perceive as...
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Blackstone, KKR Among 12 Firms To Pay $63 Million To SEC After Recordkeeping Violations
Tuesday, January 14, 2025 - 3:30am | 358A dozen financial firms, including industry leaders Blackstone Inc. (NYSE:BX) and KKR & Co Inc (NYSE:KKR), have reached a settlement with the Securities and Exchange Commission (SEC) over recordkeeping violations. The settlement, totaling $63.1 million, addresses allegations of improper...
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Robots To The Rescue? Nvidia Researcher Suggests AI Could Battle Wildfires In Future
Monday, January 13, 2025 - 10:27am | 465As Southern California battles severe wildfires, Nvidia (NASDAQ:NVDA) researcher Jim Fan emphasized the potential of AI-powered robots in managing such disasters, stating that artificial intelligence could significantly aid firefighting efforts. What Happened: Fan, a senior research manager at...
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MSTR Stock Down Over 4% In Monday Pre-Market After Michael Saylor's 10th Consecutive Week Of Bitcoin Tracker Update, Hinting At Impending BTC Purchase
Monday, January 13, 2025 - 8:10am | 430Amid a backdrop of Bitcoin’s fluctuating market, MicroStrategy Inc. (NASDAQ:MSTR) experienced a 4.38% decline in its stock during pre-market trading on Monday, as per Benzinga Pro. This movement comes as MicroStrategy co-founder Michael Saylor shared the Bitcoin tracker for the 10th...
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Quantum Computing Stocks Tumble After Mark Zuckerberg Backs Nvidia CEO Jensen Huang's 'Practical' Comments: QUBT Down 9%, RGTI Falls 16% And IONQ Loses 15%
Monday, January 13, 2025 - 7:11am | 507Quantum computing stocks experienced a notable dip during pre-market hours on Monday. This downturn followed comments made by Meta CEO Mark Zuckerberg and Nvidia Corp. CEO Jensen Huang, who both expressed caution regarding the timeline for quantum computing advancements. What Happened: As per...
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US Reportedly Probes Barriers, Subsidies And Unfair Trade Practices By China In Global Shipbuilding As Trump Tariff Threat Looms
Monday, January 13, 2025 - 4:19am | 514Ahead of President Joe Biden‘s departure from office, a U.S. investigation has concluded that China engages in unfair practices to dominate the global shipbuilding industry. What Happened: The probe, initiated by U.S. Trade Representative Katherine Tai in April, was...
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Justin Trudeau Says Canada Is 'Ready To Respond With Tariffs As Necessary' Amid Potential Trump Trade War
Monday, January 13, 2025 - 3:34am | 497Justin Trudeau said on Sunday that the country is poised to impose counter-tariffs should Donald Trump initiate a trade conflict. What Happened: Trudeau stressed that while Canada does not desire a trade war, it is prepared to retaliate if the U.S. imposes tariffs on Canadian goods. The outgoing...
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Warren Buffett's Berkshire Hathaway To Have Minimal Impact From LA Wildfires, But Insurers Like Mercury General, Chubb Face Higher Risk
Friday, January 10, 2025 - 6:37am | 619Amid the ongoing devastation caused by wildfires in Los Angeles, Warren Buffett‘s Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), the nation’s largest property and casualty insurer, is expected to experience minimal financial impact, while other insurers face significant exposure due to its...
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Crypto Fear And Greed Index Hits Lowest Level Since October As Bitcoin Falls Under $92K, Dogecoin And Shiba Inu Trade In Red
Friday, January 10, 2025 - 4:48am | 526The CMC Crypto Fear and Greed Index has plummeted below 50, reaching its lowest point since Oct. 14. This drop coincides with Bitcoin‘s (CRYPTO: BTC) price slipping under $92,000, marking a notable change in market sentiment. What Happened: As of 3:20 am ET on Friday, ...