From the Yahoo Finance Newsroom Stock market today: S&P 500, Nasdaq edge lower with rate cuts, inflation data in focus Investors get the next piece of the inflation puzzle after the latest reading on consumer prices boosted bets on a December rate cut. Yahoo Finance • 48 minutes ago ORCL ES=F PPI shows wholesale inflation jumped more than expected amid 'extended and bumpy journey' to Fed's target Thursday's wholesale inflation reading follows a string of releases that have shown price increases aren't rapidly falling toward the Fed's 2% target. What Cruise's self-driving end means for Tesla and Waymo: Morning Brief Cruise's demise pokes another hole in the commercial fantasy of a robotaxi fleet. Top Wall Street bull sees possibility of feverish stock rally fading in second half of 2025 Fundstrat head of research Tom Lee sees a roaring rally cooling off in the second part of 2025 as stocks could follow a typical historical pattern following two years of strong gains. MotorTrend CEO on why the Ram 1500 won 'Truck of the Year' and what tariffs would mean for US buyers The MotorTrend Truck of the Year wasn’t an EV like the Rivian R1T or Ford F-150 Lightning. A gas-powered truck won top honors. Veterans don't need a 4-year degree to land a job in tech, AI startup founder says For veterans, getting involved in the development of AI may be more attainable than one would expect. Tesla stock closes at all-time high as 69% surge since Trump's win cements dramatic turnaround Tesla shares hit a new all-time high on Wednesday as the EV maker continues its relentless run higher since President-elect Donald Trump’s election win. Stock market today: Nasdaq tops 20,000 for first time as Big Tech surges, Tesla hits first record in 3 years The CPI report sets the stage for the Federal Reserve's final interest rate decision of the year. Trump won't kill green energy Trump wants to boost fossil fuels and rein in renewables. But the green energy transition has grown too big and become too important for Trump to stop. Big Tech hopes Trump's new FTC boss will be friendlier. Not everyone is so sure. Donald Trump’s pick to run the Federal Trade Commission set off a fresh round of questions about what it could mean for the antitrust crackdown on Big Tech. Nvidia is the latest chess piece in the US-China tech war Nvidia is the latest chess piece in the US and China's ongoing chip war. And it could end in a split industry. Egg inflation is back again, prices up 8.2% month over month Eggs drove the overall cost of groceries higher in the month of November. Super Micro stock slides despite CEO's attempt to dispel fears of Nasdaq delisting Super Micro Computer stock is sliding following a cautious analyst note from JPMorgan, despite CEO Charles Liang's attempt to dispel delisting fears. Housing inflation moderates in November in 'encouraging' development on inflation fight The latest Consumer Price Index (CPI) out Wednesday showed that housing costs eased in November in what experts said represented an "encouraging development" on the fight against inflation. Apple adds ChatGPT to iPhones with latest Apple Intelligence update Apple released the second major update for its Apple Intelligence platform on Wednesday. GM's Cruise robotaxi exit a result of 'serious problems' from scaling too fast and continued high costs General Motors pulled the plug on its Cruise robotaxi business on Tuesday night, a move marking a dramatic step back in its autonomous ambitions that began eight years ago. Macy's delayed Q3 results show sales decline as its stock drops As activist pressure builds, Macy's is reporting tepid sales results. Ro partners with Eli Lilly to expand access to Zepbound vials Ro launches access to Eli Lilly's single-dose vials of GLP-1 Zepbound. A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025 A fresh inflation reading that met Wall Street expectations is likely to keep the Federal Reserve on track to cut interest rates again next week, but some central bank watchers believe the Fed will signal a more cautious approach to 2025. November CPI inflation data meets forecasts, cementing Fed rate cut bets The outlook for inflation is uncertain as economists warn of potential pressures from Trump policies. Elon Musk is viewed as 'robber baron' by the international community: Expert Is DOGE a sound strategy or a pie-in-the-sky idea? Geopolitical expert Peter Zeihan stopped by the Opening Bid podcast to discuss. An 'unfamiliar' era for investors has arrived after a 20-year 'regime': Morning Brief As another CPI reading is set to show the continued challenge of reeling in inflation, RSM chief economist Joe Brusuelas says that things are different now — and explains what that means. Older workers are the happiest workers, study finds Older workers have expressed higher job satisfaction levels overall, and they are more likely to feel respected at their job, according to a new Pew Research report. Netflix co-CEO shakes off M&A in 2025: 'We’re better builders than buyers' Netflix is not interested in engaging in media M&A next year — even if its competitors appear more interested. Why some investors are still wary of crypto despite post-election rally In a recent episode of Financial Freestyle, Armando Pantoja, founder of the leading crypto site ICO Ranker, unpacked why banks and some financial executives are still wary of the cryptocurrency market — and argued why they shouldn’t be. Forget the dealership: You can now buy a Hyundai on Amazon Imagine the convenience of Amazon brought to the tedious and often frustrating dealership experience. After nearly a year of waiting, Amazon users can finally buy a Hyundai vehicle through the online retailer. Tesla's cheaper 'Model Q' on the way and likely new China EV, analyst says following Tesla meeting Deutsche Bank is upping its price target for Tesla following investor meetings where Tesla revealed more info about its upcoming vehicles. Big banks find many 'reasons to be optimistic about 2025' as Trump 2.0 nears Executives from the country’s biggest banks sounded optimistic Tuesday as they assessed the impact of a new Trump administration, the state of the US economy in 2025, and more interest rate cuts expected from the Federal Reserve. Stock market today: Dow, S&P 500, Nasdaq fall as investors await key inflation data Stocks are mixed ahead of a consumer inflation report seen as key to the path of interest rates. Oracle stock sinks amid earnings miss, higher spending forecast Oracle stock dropped after a quarterly miss collided with elevated expectations, a trend recently seen with other high-flying tech stocks. Why technology has enhanced, not replaced, financial advisers Technology is reshaping the industry for financial advice. Google stock pops as company unveils new quantum computing chip Google said that a math equation that would take a classical supercomputer longer than the whole history of the universe to solve takes only five minutes using a quantum computer powered by its new Willow chip. Many student loan borrowers are in for a big, bad surprise in 2025 Millions of Americans who are behind on their student debt may face a financial shock next year. The Fed's 'final 5-pound' issue with inflation points to gradual rate cuts: Morning Brief Getting inflation down to 2% remains the Fed's key objective. But it also seems to be anticipating possible ways the cure might become another poison — and making sure it doesn't happen. FTC's Lina Khan isn't letting up on Big Tech even with her future in doubt Lina Khan’s time may be running out as boss of the Federal Trade Commission, but she is not going quietly. Comcast stock falls after management warns broadband subscribers will drop by over 100,000 in Q4 Comcast investors are reacting after management said it expects the company's broadband subscribers to decline by over 100,000 in the current quarter. Rivian stock jumps to highest since August as Benchmark initiates at Buy Rivian stock jumped on Monday as investment bank Benchmark initiated coverage on the stock with a Buy rating and a bullish $18 price target. Disney CFO 'comfortable' with theme park price hikes, warns of 'negative' impact from Universal's Epic Universe Disney said the consumer "seems to be doing fine" as investors monitor signs of a potential slowdown in the company's theme parks business. Nvidia stock slides as China opens antitrust probe against AI chip heavyweight Nvidia shares declined on Monday as China opened a probe into the AI chip heavyweight amid an escalating chip war between Beijing and Washington. Stock market today: S&P 500, Nasdaq pull back from records as Nvidia tumbles A Chinese antitrust probe into Nvidia and looming consumer inflation data are in focus to start the week. How to fix the health insurance industry everybody seems to hate The murder of a health insurance CEO is no way to address legitimate problems with coverage. There's plenty we can do, though. China's big monetary policy shift spurred a stock surge. But 'a lot of volatility' still looms. Chinese stocks rallied on Monday after Beijing pledged a "moderately loose" monetary policy stance for the first time in over a decade. Xiaomi's next EV is the YU7, a Tesla Model Y competitor for the Chinese market Chinese device and now EV maker Xiaomi revealed its latest offering in the ultracompetitive Chinese auto market, doubling down on the success it's already achieved with its SU7 EV sedan. UnitedHealthcare exec shooting is 'a wake-up call for the industry': Oscar Health CEO Health insurance stocks remain under pressure after the shooting of UnitedHealthcare executive Brian Thompson last week. Oscar Health CEO and former Aetna CEO Mark Bertolini reacts. Frank McCourt still wants to buy TikTok if Chinese owner is forced to sell Billionaire Frank McCourt told Yahoo Finance he is still interested in acquiring TikTok if it isn't able to overturn a federal law that demands the Chinese-owned social media app be sold to a US buyer. Shake Shack founder Danny Meyer: You can leave $0 tip if you so choose Is it okay to not tip? Noted restauranteur Danny Meyers shares his take. New housing survey: Consumers are getting more confident as they adjust to high prices Housing market confidence improved in November, a sign potential buyers and sellers are growing more accustomed to higher mortgage rates and home prices. Wall Street issues its most bullish 2025 S&P 500 target yet Oppenheimer initiated a 2025 year-end S&P 500 target of 7,100 as chief investment strategist John Stoltzfus expects strong economic growth and the broadening of the AI trade to catapult stocks higher. Tensions between Trump and Powell are cooling. For now. The president-elect said he has no plans to remove Jay Powell before his term as Fed chair is up in May 2026, the latest in more conciliatory language from both officials. Wall Street's 2025 outlook for stocks It’s extremely difficult to predict short-term moves in the market with any accuracy. But the research, analysis, and commentary behind these forecasts can be very informative.
