Latest News View More Alliance Bank’s Top Shareholder Vertical Theme Is Said to Consider Sale to DBS (Bloomberg) -- Investment management firm Vertical Theme Sdn. is planning to seek approval in the coming weeks to start talks about selling its stake in Alliance Bank Malaysia Bhd., according to people familiar with the development.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesNYPD Reforms Car Chase Policy Amid Rising Crashes, InjuriesChurches, Cin Bloomberg • 28 minutes ago DBSDY TSMC’s Upbeat Outlook Fuels Hopes for 2025 AI Spending BOJ Sees Good Chance of January Hike Barring Trump Surprises Stellantis fourth quarter shipments fall 9% y/y Futures Rise as US Data Boost Fed Rate-Cut Bets: Markets Wrap Indonesia’s Surprise Rate Cut Is Fueling Bond Uncertainty LG CNS Said to Be Poised to Price IPO at Top of Marketed Range Stock Market News View More Brief relief for markets after tame US inflation Global stocks and non-dollar currencies found some respite from their inflation-related anxieties, buoyed by a strong start to the earnings season and a softish U.S. core inflation reading that revived hopes for Fed rate cuts this year. But the relief rally may be short-lived, with U.S. inflation still looking a bit too warm for comfort - and potentially facing upward pressure if the incoming Trump administration pursues aggressive policies on tariffs and taxes. While the just-about-soft U.S. core inflation figure for December lifted sentiment, dragging Treasury yields lower and boosting stocks, analysts cautioned that the annual rate of 3.2% was still a bit on the high side, with the Fed likely to stay on hold for a while longer. Reuters • 2 hours ago Stock market today: Asian shares advance after inflation data drives a rally on Wall Street Why 2025 could be a great year for skittish investors to jump into the stock market Why stocks and bonds are on a tear today China Vanke has no plans to extend bonds amid market slump, REDD reports Watch These Tesla Price Levels as Stock Regains Traction After Recent Pullback Popular congressman goes hunting for tech-stock bargains amid selloff Earnings View More S&P 500 Gains and Losses Today: Bank Earnings, Soft Inflation Help Boost Index The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core inflation revived rate-cut hopes. Investopedia • 10 hours ago ^GSPC BK A Netflix Bull Trimmed His Price Target—But the Stock Is Rising Ahead of Earnings Goldman Sachs Earnings: Profit Surges, Powered by Investment Banking BlackRock Earnings: Profit Increases; Assets Set Record JPMorgan Chase Earnings: Profit Leaps, Boosted by Strong Revenue Across Businesses Wells Fargo Stock Climbs as Earnings Top Estimates JPMorgan notches another record year of profits Fed is in a waiting game, not a 'stopping game': Economist December's Consumer Price Index (CPI) data revealed prices to have risen in line with economist expectations, inching up by 0.4% for the month and 2.9% over the past year. Core CPI, which excludes volatile food and energy prices, showed encouraging signs of cooling by rising below projections — 0.2% month-over-month and 3.2% year-over-year. New Century Advisors' chief economist Claudia Sahm joins Morning Brief to share her insights on the latest inflation figures. Sahm notes there is continued "slow progress" on inflation. "That's the big piece of this. We've been in a very wait-and-see on the inflation front... so it is a bit of a breather to get some not-bad news this morning. But it's really not a game changer," she tells Yahoo Finance. Sahm — a former Federal Reserve Board economist and the creator of the central bank's Sahm Rule recession indicator — draws parallels to early 2024's economic conditions. She highlights how the Fed had "set a really high bar" for ensuring inflation was not only decreasing but would stabilize at their target rate of 2%. "That means you have to wait. It's not about one month of good news. It's not about two months of good news," she explains. "Just because we're in a waiting game doesn't mean we are in a stopping game," she states. While the data suggests an easing cycle, Sahm expects it to be "very slow," noting it's "too early" to predict how exactly the Fed will cut interest rates in 2025. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith 05:34 Big Banks shine on Q4 earnings, but risks loom ahead 06:55 Investors should 'get excited' about Meta if TikTok is banned 04:32 How the LA wildfires may hit Big Bank earnings in 2025 03:02 Treasury Sec. pick Scott Bessent gears up for confirmation hearing From the Yahoo Finance Newsroom View More Short-selling firm Hindenburg Research is closing up shop The final accounting on 'Bidenflation' Stock market today: Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading Housing inflation pressures ease in encouraging sign for Fed Scott Bessent to face questions about tariffs and Trumponomics 2.0 in Senate grilling Jamie Dimon's 'base case' for stepping down as JPMorgan CEO is a few years from now These are the biggest issues facing the fashion industry in 2025 Gasoline prices rise 4.4% in December as 'elevated' geopolitical tensions push energy costs higher Premium News View More U.S. Tries to Stop TSMC From Producing Chips For Blacklisted Chinese Firms TikTok Plans To Go Dark; U.S. Creator Startup Funding Bounces Back Equity Markets Rally, Yields Slump After CPI Report, Bank Earnings Weekly US Crude Inventories Fall, Oil Prices Rally Following IEA, OPEC Reports Economic Activity Grew 'Slightly to Moderately' to Wrap Up 2024, Fed's Beige Book Shows Equities Jump Intraday After CPI Report, Bank Earnings BlackRock Sees 'Dynamic' Investing Environment This Year After Booking Record AUM in 2024 New York Manufacturing Unexpectedly Contracts in January Housing View More US Mortgage Rates Top 7%, Reach Highest Since May of Last Year Brookfield Is Planning to Sell Its Spanish Student Housing Business for €1.3 Billion US 30-year mortgage rate tops 7%, highest since May 2024 LA Rental Hits $40,000 a Month as Fires Roil Housing Market Biggest US banks ready mortgage relief for victims of Los Angeles wildfires Swedish real estate group SBB says creditor drops lawsuit California homeowners insurance market tested as fires rage US 30-year fixed-rate mortgage rate hovers just under 7% Personal Finance How does a drive-by appraisal work? Yahoo Personal Finance • 15 hours ago Best money market account rates today, January 15, 2025 (up to 4.85% APY) Best savings interest rates today, January 15, 2025 (top rate at 4.75% APY) Tech Tencent Stake in Skydance-Paramount Draws Lawmaker Scrutiny Bloomberg • 4 hours ago COMB.BR TCEHY Trump, Musk Discuss AI, Cybersecurity With Microsoft CEO Why a Lucrative TSMC Arbitrage Trade Is Too Dangerous for Hedge Funds Crypto Bitcoin Flirts With $100,000 Level as Angst Over Fed Path Eases Bloomberg • 2 hours ago Bitwise Crypto Index ETP Delayed Until March by SEC ETFs to Watch in 2025: Bitcoin, Cheap Beta, AI, & More More News SMCI Stock Rises. Don’t Expect a Major Move Until Super Micro Posts Earnings. Super Micro Computer stock was rising Wednesday. The company has until Feb. 25 to file its delayed earnings statement for the last fiscal year under an agreement with the Nasdaq Stock Market. This time a year ago, Super Micro was getting swept up in excitement about artificial intelligence, and shares rose to more than $100 in March 2024. Germany's economy shrank for the second consecutive year in 2024 Germany's economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country's traditional exports of cars and industrial machinery. The year's weak performance underlines Germany's status as Europe's worst performing major economy and shows the country as having no meaningful growth in the past four years as it has struggled to deal with major shifts in the global economy. Departure of potential Fink successor creates new CEO drama at BlackRock A potential successor to BlackRock CEO Larry Fink is reportedly leaving the firm, narrowing the list of contenders to become the next boss of the world's largest money manager. Why Realty Income Stock Significantly Underperformed the S&P 500 in 2024 The real estate investment trust (REIT) was still in the red after adding in its high-yielding dividend (negative 2.1% total return compared to the S&P 500's 25% return, when adding reinvested dividends). Here's a look at what weighed on the REIT last year, and whether it can bounce back in 2025. Analyst Report: Rio Tinto Group Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included the Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada. Why Walgreens Stock Tumbled 64% in 2024 Shares of Walgreens Boots Alliance (NASDAQ: WBA) fell sharply last year as a combination of declining vaccine demand, headwinds on consumer discretionary spending, and misguided acquisitions led to a series of dismal earnings reports from the company. As a result, Walgreens was forced to cut its dividend, took a multibillion-dollar impairment charge, and lost its place in the Dow Jones Industrial Average (DJINDICES: ^DJI). Walgreens fell steadily through the first three quarters of the year as the company missed estimates and cut guidance, and Wall Street's view of the stock soured. Stock Market Holidays 2025: Is Wall Street Open On Martin Luther King Jr. Day? Take a look at this list of stock market holidays in 2025 to find out whether the market will be open on days like Labor Day, Black Friday, Christmas Eve and more. Affirm, SoFi Initiated At Outperform In Consumer Digital Financing William Blair initiated coverage of Affirm stock and SoFi with outperform ratings viewing them as share gainers in the consumer financing market. The markets are sending Trump a message Markets are getting worried about protectionism, the deportation of migrant workers, and a fresh bout of inflation. JPMorgan Chase's Q4 Results Top Estimates as Investment Banking Fees Surge JPMorgan Chase reported fourth-quarter results Wednesday that came in above analysts' expectations as investment banking fees rose.
