Latest News View More European wind stocks take beating after Trump calls turbines 'garbage' European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that "no windmills" are built on his watch, criticising the sector less than two weeks before he is due to take office. Trump's latest swipe against the industry raises concerns about how the U.S. wind market, the world's second-biggest after China, will develop in his second term, causing investors of companies with skin in the game to sell. Shares in the world's two biggest offshore wind farm developers - Denmark's Orsted and Germany's RWE - as well as turbine makers Siemens Energy, Nordex and Vestas were down between 2.9% and 7.3%. Reuters • 4 minutes ago Fed's Waller: More cuts likely though timing depends on inflation progress Yahoo co-founder Jerry Yang: Masayoshi Son is recasting himself into an AI player with his $100 billion bet Fed's Waller still sees rate cuts in 2025 despite Trump tariff talk Stock market today: Dow, S&P 500, Nasdaq futures retreat amid report Trump could tap emergency powers for tariffs Quantum computing stocks take a hit as Nvidia CEO predicts long road ahead Euro zone economy ended 2024 on downbeat note amid trade fears Stock Market News View More Western European car market flat in 2024 – GlobalData Growth is expected to uptick in 2025 with further interest rate cuts and more competitively priced models. Just Auto • 24 minutes ago GLDAF Why Is Quantum Computing Stock Falling Today? Stocks Down Pre-Bell Ahead of Fed Meeting Minutes; Asia Churns, Europe Declines Analyst overhauls AMD stock price target as gap with Nvidia widens Paysafe gains payment licence to support Brazil’s iGaming market BWXT to acquire Kinectrics for $525m to expand in nuclear market Flowco Holdings launches IPO, targets $1.9bn market value Earnings View More ExxonMobil Says Lower Oil Prices Will Hit Q4 Earnings ExxonMobil said it expects to take an up to $900 million hit to its upstream earnings in the fourth quarter versus the previous three months amid falling oil prices. Investopedia • 59 minutes ago XOM Shell Warns of Significantly Lower Integrated Gas Earnings, Cuts Production Guidance Shell Flags Lower Gas Earnings as 2024 Ended on a Weak Note Fed Minutes, Delta Earnings, Jobs Report: What to Watch for the Rest of This Week A Look Back at Environmental and Facilities Services Stocks’ Q3 Earnings: Veralto (NYSE:VLTO) Vs The Rest Of The Pack Q3 Earnings Outperformers: Carriage Services (NYSE:CSV) And The Rest Of The Specialized Consumer Services Stocks Paylocity (PCTY): Buy, Sell, or Hold Post Q3 Earnings? Nvidia CEO on AI & how self-driving cars are a huge opportunity In his CES keynote, Nvidia CEO Jensen Huang spent a lot of time talking about the company's new gaming chip and humanoid robots. But he also spent time discussing autonomous vehicles. Why? In an interview with Yahoo Finance Tech Editor Dan Howley, Huang explains it's all about data and Nvidia's (NVDA) ability to help customers use and manage it. "In order to build a self-driving car, you need to train a mountain of data, video data," he says, adding, for example, how Nvidia's graphics chips can not just be used in video games but for simulations to train autonomous vehicles. "If just right now where the self-driving car business is, if it's already a $5 billion business for us, imagine how big it's going to be when we have a hundred million new cars per year. A trillion miles driven per year. This is likely going to be one of the largest robotics industries in the world and one of the largest computing industries in the world." Huang also spoke about Nvidia's new GB10 superchip, describing it as a way for people "to have an AI supercomputer personally." The chip is based on the company's Blackwell platform, which is seeing "incredible" demand, according to Huang. He also expects Blackwell's revenue share to exceed predecessor Hopper's share early this year. Nvidia's stock surged on its big AI bets, but gaming is still a core part of the company's business. Huang thinks AI will "revitalize" the gaming industry, both for creators and players. "The cost of creating content will go down because of AI. And the games are going to be more interesting because of AI. And the games are going to be more beautiful because of AI." For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich. Learn more about Nvidia's announcements: Nvidia debuts GB10 superchip, AI systems for humanoid robots, self-driving trucks at CES 2025 Nvidia CEO Jensen Huang's CES keynote: Top 3 takeaways Nvidia launches RTX 50 series gaming chips at CES 2025 04:15 Investors shouldn't fret Trump's tariff threats yet 01:04 Buffalo, NY leads top 5 housing markets in 2025: Zillow 04:30 'Complacency' could be the biggest risk to investors in 2025 04:20 Don't focus on Trump policies, focus on earnings: Strategist From the Yahoo Finance Newsroom View More Why Nvidia rug pull doesn't faze US stock market bulls: Morning Brief Disney to combine Hulu + Live TV with FuboTV Nvidia stock falls after notching record high ahead of CES AI superchip debut Stock market today: Nasdaq leads stock declines as traders pare rate cut bets, Nvidia plummets after record close Bank of America downgrades Tesla stock, raises price target saying 'execution risk is high' Nvidia CEO Jensen Huang says company's racing to get next-gen Blackwell chips 'into every data center in the world' Meta ends fact-checking in shift closer to Musk's X and Trump Tesla's driverless summon feature probed by NHTSA, putting spotlight again on autonomous safety Premium News View More Cal-Maine Foods Fiscal Second-Quarter Results Rise Annually Amid Higher Egg Prices, Strong Demand Michael Grimes on Tech Markets; A Chart on Megadeals U.K. Parliament Committee Grills Shein and Temu Over Labor Issues Tech Selloff Drives Nasdaq Down by 1.9% November Job Openings Rise, Layoffs Edge Higher November Trade Deficit Grows as Imports Jump Equity Markets Fall Intraday as Mega-Cap Stocks Weigh December Services-Sector Expansion Accelerates Above Consensus, ISM Survey Shows Housing View More Risky UK Mortgage Bonds Face Cash Flow Pressure on Arrears Australia Housing Downturn Likely ‘Short-Lived,’ CoreLogic Says Listing a home in 2025? Here are the designs experts say buyers want. Mortgage Brokers Made Rate Hikes More Painful, Says Bank of England 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 Mortgage rates start 2025 near 7%, hitting highest level since July US Mortgage Rates Approach 7% in Ominous Sign for Housing Market Personal Finance Mortgage and refinance rates today, January 8, 2025: Rates hold steady Yahoo Personal Finance • 2 hours ago Best savings interest rates today, January 8, 2025 (top rate at 4.75% APY) Best money market account rates today, January 8, 2025 (up to 5.00% APY) Tech ByteDance's Lemon8 gains traction amid TikTok ban threat as creators push the app Associated Press Finance • 1 hour ago UK watchdog says it may accept remedies in $35 billion Synopsys-Ansys deal Morning Bid: Bonds flashing red, 'term premium' at 10y high Crypto Iris Energy Boosts Bitcoin Mining Capacity and Expands AI Services TipRanks • 1 hour ago IREN What Happened in Crypto Today: The Bull Run Might Be Shorter Than We Thought Crypto Accounting Academy gains CPE accreditation More News 44-Year-Old With $700K In Savings Grapples With Market Uncertainty – 'Should I Bet On Real Estate, Business Or Vanguard Funds?' For those with significant savings, the struggle of deciding where to put their money to acquire the best returns is real. Options like building a business, purchasing an investment property or investing in an index fund like Vanguard‘s VOO or VTI all ... TSMC Stock Hits New High As Another Global Leader Multiplies By 10 Topping the list of 10 stocks is Taiwan Semiconductor Manufacturing — also known as TSMC stock. Two other noteworthy names selected include Vista Energy and Qifu Technology, with one of them multiplying its share price 10 times in three years. TSMC stock jumped 5.5% Monday in heavy volume and reached an all-time high. Hydrogen Finally Gets A Price Tag: S&P 500 New Energy Plays Soar Along With This Amazon Vendor A number of new energy stocks, including S&P 500 nuclear stocks Constellation Energy and Vistra, along with Amazon.com supplier Plug Power, moved higher following the Treasury Department and Internal Revenue Service revising its rules for hydrogen production tax credits. The U.S. Treasury on Friday published its final rules on clean hydrogen production, with guidelines producers must meet to qualify for the clean hydrogen production tax credit of up to $3 per kilogram. Market Digest: BKNG, NYT About the only thing that went up on Tuesday was bond yields -- and their consistent push higher is leading to some anxiety in the stock pits. In just the few weeks since the Federal Reserve laid out its hawkish views toward any more fed fund rate cuts, the 'Goldilocks Economy' of not too hot/not too cold, seems to be taking a few body shots courtesy of higher yields. The last time a jump in yields led to a selloff in stocks was back in 2023. Yields started higher in May and had a big move higher, peaking in October. Stocks got whacked from July until October of that year, with the S&P 500 dropping 10%. The 10-year yield rose to 4.68% on Tuesday, its highest level since April 30 (about eight months ago). The closing high back in April was 4.7%, and a break of that level would open the door for a move back to 5%. That's not something we or many others were anticipating in early 2025. In the past month, the 10-year has popped 53 basis points (bps) and the move has been fairly steep. Steep moves in interest rates generally are not good for stocks, as they are much better suited for a slow crawl higher. The five-year Treasury yield has risen to 4.47% from 4.03% a month ago, while the two-year is up to 4.3% from 4.1% on December 6. The two/10 yield curve has risen to 38 bps -- the largest spread since the curve went positive about four months ago and the highest spread since May 2022. For stocks, this is the second failed rally since December and the major indices continue to chop around. If the S&P 500 breaks 5,869, we could see a very important test of the last major breakout level near 5,650. Toyota to invest $44m in Interstellar Interstellar intends to apply automotive industry expertise to transform rocket manufacturing into a “high-quality, cost-effective, and scalable process”. Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual Restore trust, revamp the design process and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker. Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas liquids bet NGLs include a group of hydrocarbons extracted from natural gas in a processing plant, and are used as feedstocks in petrochemical plants, for heating, cooking and various other applications. The deal would see Phillips 66 acquiring EPIC Y-Grade GP, and EPIC Y-Grade, and its various subsidiaries, which is expected to be immediately accretive to earnings per share, it said in its statement. Exxon sues California AG, environmental groups over attacks on recycling efforts (Reuters) -Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and disparaging the oil giant's advanced plastics recycling initiatives. The lawsuit is a sign of how Exxon is increasingly fighting back against environmentalists and other critics who have brought lawsuits against the company alleging its involvement in climate change and rising greenhouse gas emissions. Filed in federal court in Beaumont, Texas, the lawsuit accused Bonta of acting in concert with a law firm called Cotchett, Pitre & McCarthy, LLP that has ties to IEJF, an Australian non-profit controlled by billionaire Fortescue founder Andrew Forrest's company Minderoo Foundation. Dow Jones Futures: Nvidia Surges Above Buy Point; Jensen Huang CES Speech In Focus Dow Jones Futures: Nvidia stock surged past a buy point Monday, nearly hitting a record high. Nvidia CEO Jensen Huang will speak tonight. Daily – Vickers Top Buyers & Sellers for 01/08/2025 The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.
