Latest News View More Biden to reveal decision on US Steel acquisition as early as Friday, CBS News reports U.S. President Joe Biden is likely to announce a decision as soon as Friday on whether he will approve Japan's Nippon Steel's acquisition of U.S. Steel, CBS News reported late on Thursday, citing people familiar with the process. The Committee on Foreign Investment in the United States (CFIUS) recently referred the decision to approve or block the deal to Biden, who will leave office on Jan. 20. Reuters • 5 minutes ago X Dollar headed for best week since November on US rates, economic outlook Asian Stocks Gain, Bucking a Rocky Start to 2025: Markets Wrap Skydance, Paramount dismiss objections to planned $8.4 billion merger Oil Rally Breaks Crude Out of Tight Range With Technical Support Reserves at Fed Sink Below $3 Trillion to the Lowest Since 2020 China's central bank might cut interest rates from current level of 1.5% in 2025, FT reports Stock Market News View More Nvidia gained $2 trillion in its stellar 2024 rally. Here's what Wall Street sees for the chip titan this year. Nvidia stock could surge another 27%, thanks to a major catalyst coming in early January, according to Citi. Business Insider • 22 minutes ago Chinese stocks just had their worst start to the year in nearly a decade as economic woes persist 5 potential tech IPOs that may supercharge markets in 2025 Stock market today: Indexes jump to kick off 2025 as market aims to snap 4-day losing streak Results are in for a new depression drug trial, and they're cratering this stock As Hope of Santa Claus Rally Fades, What's Next for Stocks in 2025? Equity Markets Fall on 1st Trading Day of 2025; Tesla Shares Decline Earnings View More Q3 Earnings Highs And Lows: JELD-WEN (NYSE:JELD) Vs The Rest Of The Home Construction Materials Stocks As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the home construction materials industry, including JELD-WEN (NYSE:JELD) and its peers. StockStory • 16 hours ago JELD TREX Q3 Earnings Highs And Lows: DocuSign (NASDAQ:DOCU) Vs The Rest Of The Productivity Software Stocks A Look Back at Construction and Maintenance Services Stocks’ Q3 Earnings: Granite Construction (NYSE:GVA) Vs The Rest Of The Pack Reflecting On Specialty Equipment Distributors Stocks’ Q3 Earnings: Alta (NYSE:ALTG) Hubbell (HUBB): Buy, Sell, or Hold Post Q3 Earnings? Q3 Leisure Facilities Earnings: Live Nation (NYSE:LYV) Impresses Leisure Products Stocks Q3 Earnings: American Outdoor Brands (NASDAQ:AOUT) Firing on All Cylinders Nvidia's Blackwell could propel 2025 revenue to $200B: Strategist Nvidia (NVDA) is at the front and center of conversations concerning the AI trade as investors eye the chipmaker's early 2025 deliveries for its Blackwell GPUs (graphic processing units). "We see significant upside once the delivery numbers ramp up. We think they're going to be able to exceed $200 billion in revenue just from this product launch for this year," Spear Invest Founder and CIO Ivana Delevska forecasts. Delevska joins Madison Mills in the Yahoo Finance studio to talk about this year's prospects for the artificial intelligence landscape, including her bull cases for semiconductor competitors Broadcom (AVGO) and Marvell Technology (MRVL). "Now we are getting into a phase where we need physical build-out of data centers and power associated with them. And the US has gone through a period of time where the power infrastructure has not really been upgraded, both on the grid and the generation side," Delevska says about the role energy providers like Vistra (VST) and Constellation Energy (CEG) will play in powering AI data center infrastructure. "So as we've brought more renewables to market, the reliability is much lower of the grid. So what we're going to see is power prices spike up in order to incentivize new supply coming to market." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. 01:53 Mortgage rates tick up for third straight week, flirting with 7% 03:16 Tesla's Q4 delivery miss suggests 'investor fatigue': Analyst 05:43 Every company needs a sustainability plan: Expert explains why. 01:18 Jefferies upgrades Topgolf Callaway Brands to Buy and lifts target From the Yahoo Finance Newsroom View More Turo explainer: The car-rental app used in the Las Vegas, New Orleans attacks Gold just saw its biggest yearly gain since 2010 — here's why Wall Street says prices will go even higher Nvidia stock leads 'Magnificent 7' gains to start 2025 after megacap tech sell-off Mortgage rates start 2025 near 7%, hitting highest level since July Why Trump is antsy about the coming debt ceiling fight Wall Street banks exit climate alliance as Trump 2.0 nears New jobless claims data shows labor market slowdown is 'gradual' Consumer stocks 2025: Watch out for discount retailers and fast casual chains, tariffs remain a wild card Premium News View More Startup Deadpool Weekly Crude Inventories Fall Less Than Expected December Manufacturing Conditions Continue to Worsen, S&P Global Survey Shows Tesla Weighs on S&P 500, Nasdaq Intraday as 2025 Trading Kicks Off Update: Walmart, Fintech Firm Sued by Consumer Watchdog Over Pay Practices for Delivery Drivers Weekly Jobless Claims Log Surprise Drop Tesla's 2024 Deliveries Drop as Fourth-Quarter Tally Misses Estimates; Shares Fall Hedge fund Millennium gains 15% in 2024 Housing View More US 30-year fixed-rate mortgage flirts with 7% Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July US Mortgage Rates Approach 7% in Ominous Sign for Housing Market Singapore’s Home Prices Rebound on Year-End Sales Boom Australian home prices finally cool as 2024 comes to an end Football Star Lionel Messi Lists His Real Estate Assets The two big housing market trends to watch in 2025 Housing contract activity, thanks to more inventory, rises for fourth straight month Personal Finance Bank of America Premium Rewards Elite Credit Card review: Could this be your next premium travel card? Yahoo Personal Finance • 1 hour ago Travelling internationally? How to order foreign currency ahead of time. Is interest paid on a home equity loan tax deductible? Tech Computers of Senior US Treasury Leaders Accessed in Hack Bloomberg • 3 hours ago Car-Rental Startup Turo’s Safety Team Cuts Vacations Short After Deadly Attacks U.S. LNG exports soar in December, lifting full-year growth by 4.5% Crypto Peter Thiel's Bubble Theory Gains Relevance As Bitcoin Hovers Around $95K: 'Extremely Hard To Define' Benzinga • 38 minutes ago IRS And Treasury Impose New Tax Rules For Crypto DeFi Platforms Crypto Brokerage FalconX Buys Derivatives Startup Arbelos Markets More News The Average Millionaire Has 7 Streams Of Income, According To The IRS – Can You Guess What They Are? If someone told you that millionaires have seven different income streams, your first thought might be: Seven? I'm struggling to keep up with one paycheck and these people are out here collecting seven like Pokémon cards? But according to the IRS, ... Nvidia Jumps As Battle For 'Phase 3' Of AI Revolution Begins; But Is Nvidia A Buy Now? Nvidia jumped nearly 3% to start the new year. Does that mean Nvidia is a buy or sell now? Investors also worried about its Blackwell chip ramp-up and tariffs from the Trump administration that could hurt chip sales. Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices. The proposed settlement filed Tuesday in an Oakland, California, federal court would resolve a 5-year-old lawsuit revolving around allegations that Apple surreptitiously activated Siri to record conversations through iPhones and other devices equipped with the virtual assistant for more than a decade. The alleged recordings occurred even when people didn't seek to activate the virtual assistant with the trigger words, “Hey, Siri." Analyst Report: Royal Bank of Canada Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial-services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the US and other countries. Apple Stock Falls On iPhone Discounts In China Apple stock sank Thursday on news reports that the consumer electronics giant cut iPhone prices in China to compete with domestic rivals such as Huawei. Dow Jones Futures Rise With Market Rally Near Breaking Point; Tesla, Apple Tumble Dow Jones futures: The Nasdaq tested its 50-day in a wild start to 2025. Tesla and Apple were key losers, but some stocks flashed buy signals. Daily Spotlight: Stocks Typically Start Year Strong Investors generally are bullish to begin a year, putting new money to work in the market and often benefitting from solid market returns in January and the first quarter. To draw that conclusion, we analyzed data collected on S&P 500 performance from 1980-2024. By our calculations, the stock market in January has advanced on average 1.0%, while the 1Q has generated average gains of 2.3%. The first quarter is fairly consistent as well, with a win percentage of 67%. This means that stock returns are positive in 1Q roughly two years out of three. To be sure, 1Q has posted its share of clunkers, including 2022, as investors fretted that the Federal Reserve had fallen behind the inflation curve. Let's also not forget 2020, when the coronavirus emerged and the S&P 500 dropped 20%. In 2009, after the collapse of Lehman Brothers and as the U.S. economy was struggling with a deep recession, stocks fell 12%. And in 2001, as the "dot-com" bear market started growling, stocks slid 12% again. Investors also pay close attention to early-year returns due to the so-called "January Effect." This axiom postulates that the market's returns in January tend to foreshadow full-year results. For example, when January returns are positive, annual returns are positive four-fifths of the time, with an average gain of 20%. When January returns are negative, full-year returns are negative two-fifths of the time, with an average decline of 16%. Of course, market fundamentals ultimately are more important to investors than the calendar. On that score, the economy is growing, profits are expanding, and interest rates appear headed modestly lower this year. Magnificent Seven Stocks: Nvidia Rallies, Tesla Dives On Q4 Deliveries; Apple Sells Off Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with big gains. Due to their outsized market capitalizations, Magnificent Seven stocks hold a disproportionate influence on the market-cap weighted Nasdaq composite and S&P 500 indexes. Should I pay for a canceled order that was delivered? If you have buyer’s remorse, are you responsible for payment? Vanguard’s Huge ETF Growth Narrows Gap With BlackRock Vanguard’s ETF assets surge to $2.9 trillion as inflows outpace industry leader BlackRock in 2024.
