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Finance News Updates

Stay updated with the latest developments in the finance sector, including market trends, investment strategies, and economic news.
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Gold prices steady amid cautious Fed signals; Stock market closes for Jimmy Carter's funeral; Biden signs bill to increase Social Security benefits

Gold prices steady amid cautious Fed signals; Stock market closes for Jimmy Carter's funeral; Biden signs bill to increase Social Security benefits
  • Gold market remains cautious: Gold prices are steady at around $2,639.46 an ounce as Federal Reserve officials signal a cautious approach to interest rate cuts, emphasizing the need to combat inflation. Key economic data this week will influence the Fed's future decisions, with minutes from the December meeting also expected.
  • Market closures for Jimmy Carter's funeral: The stock market and federal agencies will close on Thursday for the funeral of former U.S. President Jimmy Carter. Key economic reports, including the December jobs report and earnings from major companies, are scheduled for release this week, with several Fed officials set to speak.
  • Biden signs Social Security benefits increase: President Biden has signed a bill to increase Social Security benefits for millions of public workers, which is anticipated to have significant implications for the financial landscape amid ongoing economic challenges.
  • Optimism for Warren Buffett stocks: Wall Street analysts express optimism for substantial gains in stocks owned by Warren Buffett in 2025, alongside recommendations for maximizing 401(k) contributions to enhance retirement savings.
  • Vietnam's economy shows strong growth: Vietnam's economy is projected to outperform in 2024, indicating a trend of faster growth compared to other emerging markets, which are diverging in growth and rate expectations.
Jan 6, 3:27 AM
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finance.yahoo.com
Gold Holds Decline After Fed Officials Express Inflation Concern
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investopedia.com
What To Expect in the Markets This Week
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cnbc.com
CNBC: Stock Markets, Business News, Financials, Earnings
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bloomberg.com
Bloomberg - Business News, Stock Markets, Finance ...

Musk warns of U.S. financial collapse; Singapore's GIC shifts to riskier investments; investors face uncertain market outlook

  • Elon Musk's Warning on U.S. Economy: Elon Musk cautions that the U.S. is on the brink of financial collapse due to its $36.14 trillion debt, which is straining federal revenue and threatening essential programs like Social Security and Medicare. He proposes a drastic 30% cut in federal spending, although experts warn of potential severe economic repercussions.
  • Investment Strategies: Singapore’s GIC is shifting towards riskier private market investments, reflecting a broader trend among investors adapting to changing market conditions and seeking new opportunities in the U.S.
  • Market Outlook: Investors are facing a cloudy outlook for January with a looming jobs report, as the S&P 500 and Nasdaq ended a five-day losing streak but still closed lower for the week. The anticipated 'Santa Claus rally' did not occur, raising concerns about future stock performance.
Jan 5, 3:27 AM
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finance.yahoo.com
There Won't Be Money For Social Security': Elon Musk Tells Joe Rogan About Looming Bankruptcy And $1.1 Trillion Interest
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bloomberg.com
Bloomberg - Business News, Stock Markets, Finance ...
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cnbc.com
CNBC: Stock Markets, Business News, Financials, Earnings

China boosts treasury bond funding; BlackRock's Bitcoin Fund sets ETF launch record; Microsoft invests $80 billion in AI data centers

China boosts treasury bond funding; BlackRock's Bitcoin Fund sets ETF launch record; Microsoft invests $80 billion in AI data centers
  • China to boost treasury bond funding: China plans to significantly increase funding through treasury bonds to stimulate economic growth in 2025, aiming to enhance financial support and improve market conditions and investor confidence .
  • BlackRock's Bitcoin Fund sets record: BlackRock’s Bitcoin Fund has been recognized as the greatest launch in ETF history, contributing to Bitcoin's price surpassing $100,000 for the first time .
  • Microsoft's major investment in AI: Microsoft is set to spend $80 billion on AI data centers this year, with more than half of this investment projected to occur in the US through June 2025 .
  • U.S. markets show positive performance: The U.S. markets closed with the S&P 500 at 5,942.47 (+1.26%), Dow 30 at 42,732.13 (+0.80%), and Nasdaq at 19,621.68 (+1.77%) .
  • Top gainers and losers in the market: Notable gainers include Oklo Inc. (+24.71%) and Rivian Automotive (+24.45%), while top losers are CNX Resources (-11.25%) and Carvana Co. (-11.22%) .
Jan 4, 3:27 AM
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finance.yahoo.com
Mike Johnson reelected as House speaker after a new promise to work with Musk's 'DOGE'
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reuters.com
China will sharply increase funding from treasury bonds to spur growth in 2025
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bloomberg.com
Bloomberg - Business News, Stock Markets, Finance ...

Nvidia's Blackwell could drive 2025 revenue to $200B; Tesla reports first annual sales decline; US market averages close first trading day of 2025 in negative territory

  • Nvidia's Blackwell could propel 2025 revenue to $200B: Nvidia is expected to significantly boost its revenue with the launch of its Blackwell GPUs, potentially exceeding $200 billion in 2025. This has positioned Nvidia at the forefront of the AI trade, attracting investor interest in the semiconductor sector.
  • Tesla posts its first-ever yearly sales decline in company history: Tesla has reported its first annual sales decline, attributed to a drop in demand for its older electric vehicles despite efforts to incentivize purchases. This marks a significant shift for the company as it faces challenges in maintaining growth.
  • US market averages closed the first trading day of 2025 in negative territory: The Dow Jones Industrial Average fell by 0.35%, marking the fifth consecutive session of losses, indicating a cautious start to the year for investors amid ongoing economic challenges. ,
  • Regulatory clarity could drive bitcoin to $225,000 this year: Bitcoin has surged back above $97,000 as cryptocurrencies gain momentum at the start of 2025, with analysts predicting significant price increases driven by regulatory developments.
  • Jim Cramer cautions against speculating on nuclear power and quantum computing: Cramer advises investors to focus on established stocks like Nvidia and highlights potential opportunities in Indian markets for 2025, while warning against speculative investments in emerging technologies.
Jan 3, 3:27 AM
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finance.yahoo.com
Dow, stocks slide to start 2025 and extend losing streaks
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finance.yahoo.com
Yahoo Finance - Stock Market Live, Quotes, Business ...
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cnbc.com
CNBC: Stock Markets, Business News, Financials, Earnings

Stock futures rise; Trump administration considers tax cuts; Federal Reserve plans limited rate cuts

Stock futures rise; Trump administration considers tax cuts; Federal Reserve plans limited rate cuts
  • Stock market shows positive signs for 2025: Stock futures opened slightly higher, with the Dow Jones Industrial Average rising 67 points and the S&P 500 adding 13 points. The market is hopeful to regain momentum after two consecutive years of over 20% gains, despite a recent downturn in the S&P 500 and ongoing investigations into a New Year's Day attack in New Orleans .
  • Economic outlook for 2025 raises concerns: The incoming Trump administration is considering deeper tax cuts and a rollback of consumer finance regulations, while stock market gains and storm damage are impacting economic stability. Financial experts suggest focusing on high returns as interest rates fall, with a recommendation to consider certificates of deposit for better yields .
  • Federal Reserve's cautious approach under Trump: The Federal Reserve anticipates only two rate cuts in 2025, as it navigates the economic landscape shaped by President-elect Donald Trump. This cautious stance reflects the uncertainty surrounding inflation and interest rates in the coming year .
Jan 2, 3:27 AM
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finance.yahoo.com
It’s time to reset your finances for 2025’s knowns and unknowns
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cnbc.com
Stock futures rise slightly to begin 2025 after S&P 500 notches back-to-back annual 20%-plus gains
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finance.yahoo.com
Finance News: Wall Street, financial markets, stocks ...

S&P 500 gains 23% in 2024; Wall Street predicts slower growth for 2025; BMO sets year-end target at 6,700

S&P 500 gains 23% in 2024; Wall Street predicts slower growth for 2025; BMO sets year-end target at 6,700
  • S&P 500 posts significant gains for 2024: The S&P 500 achieved a 23% gain in 2024, although stocks closed slightly lower in the final session of the year. This performance sets a positive tone as the market heads into 2025, despite concerns in the housing market and ongoing volatility in Bitcoin investments.
  • Wall Street strategists predict slower gains for 2025: Following two years of over 20% gains, strategists anticipate a more modest pace for the S&P 500 in 2025, with a year-end target of 6,700 set by BMO Capital Markets. The outlook includes strong earnings and resilient economic growth, but warns of increased volatility due to uncertainties surrounding Federal Reserve rate cuts and political changes.
Jan 1, 3:26 AM
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finance.yahoo.com
Here's where Wall Street sees stocks heading after the best 2-year stretch since '97-'98
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cnbc.com
CNBC: Stock Markets, Business News, Financials, Earnings

Nvidia's stock surges 181% on AI focus; U.S. equities drop 1% amid profit-taking; S&P 500 ends year with 20% gain

Nvidia's stock surges 181% on AI focus; U.S. equities drop 1% amid profit-taking; S&P 500 ends year with 20% gain
  • Nvidia's stock growth driven by AI: Nvidia's shares have surged 181% year to date as the company enters a new phase focused on AI infrastructure, attracting significant retail investor interest despite concerns over execution and tariffs .
  • U.S. equities decline amid profit-taking: Major U.S. stock indices fell about 1% as investors locked in profits ahead of the year's last trading day. Boeing's stock suffered after South Korea ordered inspections of its 737-800 planes following a deadly crash, while energy stocks rose due to soaring natural gas prices .
  • S&P 500 ends year with significant gains: The S&P 500 closed out the year with a 20% gain, while natural gas prices surged on expectations of colder weather. Analysts suggest a buying opportunity as the market prepares for 2025 .
  • Investment strategies for 2025: UBS highlights potential in weight loss drugs, while Wells Fargo aims to build on its strong 2024 performance. Additionally, U.S. exchange-traded funds have surpassed $10 trillion in assets, showcasing their growing popularity .
Dec 31, 2024, 3:26 AM
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finance.yahoo.com
Nvidia may be entering a 'limitless' era: Investor
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investopedia.com
Top Stock Movers Now: Boeing, MicroStrategy, EQT, and More
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cnbc.com
CNBC: Stock Markets, Business News, Financials, Earnings

Retirement savings to increase in 2025; Wall Street fears inflation resurgence; Oil prices stable amid market risks

Retirement savings to increase in 2025; Wall Street fears inflation resurgence; Oil prices stable amid market risks

  • Retirement savings will see changes in 2025: In 2025, retirement savings will benefit from higher contribution limits for 401(k) and IRA accounts, along with adjustments to income limits for IRA deductions and updates to the Saver’s Credit, following the Secure 2.0 Act enacted at the end of 2023. These changes are crucial for individuals planning their retirement strategies.

  • Concerns over inflation resurgence in 2025: Wall Street is expressing worries about a potential resurgence of inflation in 2025, amidst ongoing economic challenges under the Biden administration. This situation raises questions about the economic outlook and its impact on various sectors.

  • Oil market stability amid 2025 risks: Oil prices remained steady as traders assessed risks for 2025, including ample supply and the unpredictability of the incoming Trump administration. West Texas Intermediate was near $71 a barrel, with expectations of an oversupplied market complicating OPEC's production strategies.

  • Investment strategies for 2025: Self-made millionaires are sharing investment tips for 2025, emphasizing the ongoing boom in active ETFs and cautioning against seasonal trends. Additionally, there are insights on potential stock rebounds and AI stock forecasts from veteran fund managers. ,

Dec 30, 2024, 3:26 AM
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finance.yahoo.com
How retirement savings will change in 2025
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cnbc.com
CNBC: Stock Markets, Business News, Financials, Earnings
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finance.yahoo.com
Finance News: Wall Street, financial markets, stocks ...

China's $12.9 Billion Dividend Payouts Pressure Yuan; China Construction Bank Announces $6.5 Billion Interim Dividend; US-China Tensions Impact Currency Demand

China's $12.9 Billion Dividend Payouts Pressure Yuan; China Construction Bank Announces $6.5 Billion Interim Dividend; US-China Tensions Impact Currency Demand
  • China's Record Dividend Payouts Pressure Yuan: China's stock market revival efforts have led to record interim dividend payouts of $12.9 billion from Hong Kong-listed firms between January and March, increasing demand for foreign currency and putting pressure on the yuan amid US-China tensions. This trend follows a capital-market reform plan aimed at encouraging dividend distribution, with China Construction Bank Corp. set to pay out $6.5 billion, its first interim dividend since 2008.
Dec 29, 2024, 3:26 AM
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finance.yahoo.com
China’s Record Dividend Payout Intensifies Pressure on the Yuan

AI stocks soar; JBS SA shares drop amid China probe; stock market shows signs of slipping

AI stocks soar; JBS SA shares drop amid China probe; stock market shows signs of slipping

  • AI stock trade shifts beyond 'Magnificent 7': Investor enthusiasm for artificial intelligence has driven major tech stocks to record highs, with Nvidia seeing a 175% gain this year. Analysts predict the S&P 500 will reach 6,500 by the end of 2025, with a broadening of earnings expected due to AI investments, particularly in utilities and software sectors.

  • JBS SA shares slump amid China probe: Shares of JBS SA and other Brazilian beef producers fell following news of China's investigation into its meat imports, which have surged recently. This development raises concerns for the meat industry amid ongoing trade scrutiny.

  • Stock market shows signs of slipping: The stock market is experiencing a downturn as bond yields disrupt holiday gains, although a strategist notes reduced leverage in the market, suggesting less investor anxiety. Apple is projected to have a 26% upside due to its AI strategy.

Dec 28, 2024, 3:26 AM
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finance.yahoo.com
The AI stock trade is starting to shift beyond the 'Magnificent 7'
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finance.yahoo.com
Finance News: Wall Street, financial markets, stocks ...