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21 Dec, 2024 @ 14:39 by Yahoo! Finance

We recently published an article entitled Why These 10 Stocks Jumped Yesterday. In this article, we are going to take a look at where Nvidia Corp. (NASDAQ:NVDA) stands against the other stocks that jumped yesterday. Broader indices haven’t been performing very well since the Fed’s not so surprise revelation about the number of expected cuts […]

21 Dec, 2024 @ 10:55 by FinancialContent

We recently compiled a list of the Jim Cramer Latest Stocks: 23 Stocks He Just Talked About. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the other stocks Jim Cramer recently talked about. With the Federal Reserve’s December meeting over, Wall Street has now shifted into a […]

21 Dec, 2024 @ 09:15 by Yahoo! Finance

The so-called "Magnificent Seven" stocks, consisting of seven of the world's largest technology companies, once again helped lead the market higher in 2024. All seven stocks in the group, which includes Apple, Amazon, Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Meta Platforms, Microsoft, Nvidia, and Tesla, are on track to have positive returns this year. With the strong performance of the group over the past two years, the question on many investors' minds is which of these stocks will lead the group next year.

Investors should think of artificial intelligence (AI) in three phases. The second phase involves cloud providers that offer infrastructure and platform services needed to build conversational copilots, autonomous agents, and other AI applications. The third phase involves software vendors that combine products from the first two phases with their proprietary data and technical know-how to build AI applications.

A wave of AI uncertainty and valuation concerns have stopped this highflier in its tracks, but blistering gains could be on the horizon.

On Friday, ChatGPT-maker OpenAI unveiled its next-generation reasoning model, o3, as the successor to o1, capping off the company's 12 ...

21 Dec, 2024 @ 04:09 by Seeking Alpha

OpenAI has run into problem after problem on its new artificial-intelligence project, code-named Orion.

Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. And all of them boasted solid year-to-date gains in the final month of 2024.

20 Dec, 2024 @ 21:57 by FinancialContent

The Fed straight-up stole Christmas. But that’s not the only game in town.

We recently published a list of 10 AI News That Broke the Internet. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against other AI news that broke the Internet. Key AI Trends Shaping Business in 2025 As AI continues to evolve, its influence on business will be […]

Wedbush Securities initiated coverage on Thursday of Oklo — the nuclear power startup backed by OpenAI head Sam Altman — with an outperform rating. The new rating comes a day after the company announced an agreement to provide as much as 12 gigawatts of energy to Switch, an AI provider and data center operator. Wedbush Securities analyst Dan Ives on Thursday handed Oklo stock a price target of 26 along with the outperform rating, with data center demand looming large as part of the company's potential "growth story."

You must keep up on Warren Buffett stocks: The Berkshire Hathaway chief sticks to a winning investing formula, but he does not sit still.

Benzinga readers pick which Magnificent 7 stock could have the best performance if there is a Santa Claus rally to close 2024 and ...

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 has been a big year for OpenAI, from its partnership with Apple for its generative AI offering, Apple Intelligence, the release of GPT-4o with voice capabilities, and the highly-anticipated launch of its text-to-

20 Dec, 2024 @ 19:17 by Seeking Alpha

FEATURE Oracle stock caught a downgrade Friday from a new bear who argued that the “hype” surrounding the company wouldn’t be enough to offset intense competition. Monness, Crespi, Hardt & Co. analyst Brian White downgraded Oracle to Sell from Neutral and set a price target of $130.

20 Dec, 2024 @ 18:36 by FinancialContent

Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the WisdomTree US Quality Dividend Growth Fund, where 38,050,000 units were destroyed, or a 17.4% decrease week over week. Among the largest underlying components of DGRW, in morning trading today Microsoft is off about 0.9%, and Apple is lower by about 0.3%.

20 Dec, 2024 @ 18:27 by FinancialContent

In early trading on Friday, shares of Amgen topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.9%. Year to date, Amgen has lost about 7.6% of its value.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track ...

20 Dec, 2024 @ 17:23 by Yahoo! Finance

Yahoo Finance host Rachelle Akuffo tackles three of the top trending stories and stock tickers as part of today's Market Minute. Tesla (TSLA) has recalled nearly 700,000 of its EV, deploying a software update for its Cybertruck, Model 3, and Model Y vehicles. Netflix (NFLX) signs an exclusive streaming deal with FIFA to broadcast the 2027 and 2031 Women's World Cups. Apple (AAPL) is reportedly in talks with Chinese-owned Tencent (0700.HK, TCEHY) and TikTok parent ByteDance to integrate their AI models into iPhones in China. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

San Francisco Fed president Mary Daly tells Yahoo Finance the Fed has further room to push down interest rates to keep the economy growing while still not stoking renewed inflation.

As AI energy demands soar, AMZN, GOOGL, MSFT and META are turning to nuclear energy to fuel innovation and sustainability in 2025.

In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct ...

Amidst the fast-paced and highly competitive business environment of today, conducting comprehensive company analysis is essential for ...

20 Dec, 2024 @ 14:28 by Yahoo! Finance

XRP, one of the largest cryptocurrencies, fell sharply Friday, continuing its downward momentum after the Federal Reserve hinted at fewer interest rate cuts next year. XRP is down 6.4% over the past 24 hours, trading most recently at $2.19, according to CoinDesk data. XRP is highly volatile, even for a cryptocurrency.

20 Dec, 2024 @ 14:15 by Yahoo! Finance

US stock futures (ES=F, NQ=F, YM=F) are slipping Friday morning after the Personal Consumption Expenditures (PCE) price index rose by 2.8% in November, just 0.1% below economists' estimates A government shutdown looms after House Speaker Mike Johnson's (R-La.) bipartisan spending bill was rebuffed by President-elect Donald Trump and Elon Musk, who Trump tapped to co-lead the proposed Department of Government Efficiency (DOGE). Novo Nordisk (NVO) shares dive by over 20% in Friday's pre-market trading after its experimental weight-loss shot CagriSema helped patients lose less weight than anticipated in its clinical trial. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

20 Dec, 2024 @ 13:43 by FinancialContent

Microsoft Corporation (NASDAQ:MSFT) shares closed slightly lower during Thursday's session. Microsoft has reportedly acquired nearly ...

We recently compiled a list of the Tiger Global’s 15 Long-Term Stock Picks. In this article, we are going to take a look at where Microsoft Corporation (NASDAQ:MSFT) stands against the other stock picks. Even as the venture capital efforts of Tiger Global Management come under increased scrutiny on the back of reportedly disappointing post-pandemic performance, […]

Vanguard has become a top player because all of its ETFs track indexes and are passively managed, it has a solid track record of reliability, and it has a low expense ratio. It offers more than 80 different ETFs for all kinds of investors: growth, value, dividend, high risk, low risk, and more. The Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG) follows the S&P 500 Growth Index, which is made up of the 230 or so growth stocks in the S&P 500.

20 Dec, 2024 @ 12:15 by Yahoo! Finance

Sources indicate that Apple's discussions are in the early stages.

Broadcom Inc (NASDAQ:AVGO) chief Hock Tan expressed enormous conviction over the sustainability of the artificial intelligence frenzy as ...

Apple (AAPL) is in talks with Tencent (TCEHY) and ByteDance about integrating their AI models into iPhones sold in China, Laim Mo and Brenda Goh of Reuters reports, citing three sources familiar with the matter. Apple started the rollout of OpenAI’s ChatGPT onto its devices this month. ChatGPT is not available in China and the country’s regulatory requirements that generative AI services must obtain government approval before public release has pushed Apple to seek local partners for its AI feat

The next chapter of the artificial intelligence revolution's story will feature lesser-known characters.

The latest investor updates on stocks that are trending on Friday.

20 Dec, 2024 @ 10:45 by FinancialContent

Shares of Nvidia are starting to pull back, which may be a sign the market is thinking about the stock differently.

Microsoft Secures Twice as Many Nvidia Hopper Chips as Competitors, Fueling AI Advancements

Chinese technology giant Tencent Holdings announced on Friday a new strategic partnership with smartphone maker Honor for cloud computing and artificial intelligence (AI), giving a boost to a domestic rival to Apple, which has yet to settle on a partner to launch AI on iPhones in the country. Shenzhen-based Tencent said in a post on its official WeChat account that the "long-term collaboration" with Honor, a spin-off smartphone brand from Huawei Technologies, will see the deep integration of its

The merger will create a company with a combined revenue of approximately SFr1.6bn ($1.78bn), operating in more than 70 countries with around 13,000 employees.

In November, the core PCE index, which strips out food and energy costs and is closely tracked by the Fed, rose 0.1% from the prior month.

The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how automation software stocks fared in Q3, starting with ServiceNow (NYSE:NOW).

(Bloomberg) -- A Bitcoin slide from a record high earlier this week extended to more than 10%, as reduced scope for looser US monetary policy dampened speculative zeal.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalReviving a Little-Known Modernist Landmark in BuffaloThe price of the original cryptocurrency dropped as low

Investment platform Robinhood is set to start offering options trading to its UK customers early in 2025.

Marques Brownlee, also known as MKBHD, has announced the Samsung Electronics Co.'s (OTC:SSNLF) Galaxy S24 Ultra as his top smartphone ...

OpenAI CEO Sam Altman has criticized Elon Musk, calling him a legendary entrepreneur but also a “bully.” What Happened: ...

Samsung Electronics Co. (OTC:SSNLF) Galaxy S22 users face severe issues following the One UI 6.1.1 update. What Happened: Released in ...

An artificial intelligence platform has come under fire for a humiliating mistake.

20 Dec, 2024 @ 00:30 by FinancialContent

The markets started the week half-asleep, but yesterday, when Fed Chairman Powell took future rate cuts off the table, they woke up terrified and fell right out of bed.

Larry Ellison and Steve Jobs once devised a plan to rescue Apple Inc. and reinstate Jobs as CEO during the company’s challenging times. What Happened: In a 2016 commencement speech at USC, Ellison, who co-founded Oracle Corporation, recounted a pivotal conversation with Jobs in 1995. At the time, Apple was struggling, and Ellison proposed buying the company to make Jobs CEO. “My idea was simple, buy Apple, and immediately make Steve CEO. Apple wasn't worth much back then, about $5 billion dollar

With President-elect Donald Trump's return to the White House quickly approaching, investors weigh the prospect of a strategic bitcoin (BTC-USD) reserve. Senator Cynthia Lummis (R-WY), who introduced the bipartisan Lummis-Gillibrand Responsible Financial Innovation Act focused on regulating crypto, joins Catalysts Co-Hosts Seana Smith and Madison Mills to talk about her stance on the Federal Reserve holding bitcoin. "I want our federal government to have a strategic bitcoin reserve that can help back the US dollar as the world's reserve currency and then serve as a long-term savings account, thereby offsetting our national debt, which is over $36 trillion now," Lummis tells Yahoo Finance. The republican senator says, "My proposal would have the US purchase, through other assets that already owns, 200,000 bitcoin a year for five years, for a total of a million, hold it for at least 20 years, and at the numbers that we project, that would accrue a fund that's worth about $16 trillion." Lummis adds the reason why the federal government has not already pursued bitcoin as a solution to the national deficit is because, as indicated by Fed Chair Jerome Powell at the Fed's Decemeber meeting, it doesn't believe the central bank has the legal authority to own bitcoin. "We need to give that to them," she says. Check out Yahoo Finance's full interview with Senator Lummis here. Also catch Senator Kirsten Gillibrand (D-NY) discuss crypto regulation and Trump's pick for Paul Atkins to lead the Securities and Exchange Commission (SEC) with Yahoo Finance. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

19 Dec, 2024 @ 22:45 by Yahoo! Finance

Apple (AAPL) closed the most recent trading day at $249.79, moving +0.7% from the previous trading session.

The stock market's failed bounce after Wednesday's sell-off is worrisome. Nvidia rose slightly. Nike, FedEx jumped late on earnings.

The Dow Jones Industrial Average (^DJI) snaps its ten-day losing streak by closing Thursday's session just 0.04% higher, while the Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) move lower by nearly 10% a piece. Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre review market performances following the Federal Reserve's latest round of interest rate cuts on Thursday, including the latest moves in the bond market (^TYX, ^TNX, ^FVX), the US dollar (DX-Y.NYB), and bitcoin (BTC-USD). To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

19 Dec, 2024 @ 21:02 by FinancialContent

The Walt Disney Company (NYSE:DIS) takes top honors for domestic box office in 2024 and could be in store for a strong 2025 with a new ...

Investors seemed to shrug off the meltdown on Thursday. Some Dow Jones laggards of this period tried to rebound as well.

19 Dec, 2024 @ 20:46 by Seeking Alpha
19 Dec, 2024 @ 20:18 by FinancialContent

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Apple Inc (AAPL), where a total of 757,088 contracts have traded so far, representing approximately 75.7 million underlying shares. That amounts to about 173.2% of AAPL's average daily trading volume over the past month of 43.7 million shares..

19 Dec, 2024 @ 20:18 by FinancialContent

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in GXO Logistics Inc (GXO), where a total volume of 17,529 contracts has been traded thus far today, a contract volume which is representative of approximately 1.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 126.4% of GXO's average daily trading volume over the past month, of 1.4 million shares..

19 Dec, 2024 @ 20:11 by Yahoo! Finance

The European Commission has published draft proposals for how Apple must meet interoperability requirements flowing from the bloc's Digital Markets Act (DMA), inviting feedback on proposed measures targeted at areas like iOS notifications, data transfer, and device setup by January 9, 2025. European Union regulators have until around mid-March to adopt final decisions on what measures the bloc will expect Apple to take, and by when, to deliver access for rivals, as the DMA demands. Apple's iOS,

Apple Inc. is in talks with Tencent Holdings Ltd and ByteDance Ltd over the use of their AI models in products they will sell in China. The talks are at a preliminary stage, but show how Apple is shifting strategically towards compliance with local laws and finding appropriate partners in this challenging market. Apple Inc. […]

The year 2025 is virtually here, bringing with it a wave of curiosity from investors eager to see what the stock market holds.

All three of the major indexes (^DJI,^GSPC, ^IXIC) rebound from a selloff fueled by the Federal Reserve's 2025 forecast coming in more hawkish than expected. Haywood Wealth Management president and co-founder Justin Haywood joins Wealth! Host Brad Smith to break down what investors should consider when positioning their portfolio. "I would call yesterday's move a hawkish cut," Haywood says, adding, "I think the Fed was probably reluctant to make this cut. They may have backed themselves into a corner in a sense with their rhetoric in September. And I think they felt like they needed to make this cut." Looking forward to 2025, he says, "the sentiment should be relatively bullish" despite uncertainty around President-elect Donald Trump's policies. "You want to ride this out," he tells Yahoo Finance. Haywood outlines his top picks, saying, "Technology remains a strong play moving into 2025." He names Apple (AAPL), Tesla (TSLA), and Palantir (PLTR). To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan.

19 Dec, 2024 @ 19:01 by FinancialContent

Quantum computing represents a revolutionary approach to computing, capable of tackling problems currently deemed impossible and holding the potential to transform the world.

19 Dec, 2024 @ 18:35 by Yahoo! Finance

The companies have been arguing over user privacy since 2021, when the iPhone maker launched App Tracking Transparency.

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track ...

Reuters reports that the talks are in an early stage.

19 Dec, 2024 @ 17:01 by Yahoo! Finance

Yahoo Finance host Rachelle Akuffo dives into three stories from several of the top trending stock tickers on the Yahoo Finance platform. Accenture (ACN) shares are popping after topping its fiscal first quarter earnings estimates. Brokerage site Robinhood Markets (HOOD) and crypto exchange Coinbase Global (COIN) see their stocks move higher amid bitcoin's recent volatility (BTC-USD). Lastly, Vertex Pharmaceuticals (VRTX) shares are dropping Thursday morning in response to its Phase 2 trial results for its new non-opioid painkiller. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

While Federal Reserve Chair Jerome Powell was adamant that the central bank could not own bitcoin (BTC-USD), Senator Cynthia Lummis (R-WY) believes 2025 is shaping up to be "the year for bitcoin & digital assets" in a social media post from earlier this week. Senator Lummis — who has championed the bipartisan Lummis-Gillibrand Responsible Financial Innovation Act (RFIA) alongside Democratic Senator Kirsten Gillibrand (D-NY) — has been a vocal supporter of President-elect Donald Trump's choice of David Sacks as the incoming administration's "AI and crypto czar" and what it represents for the crypto space. Senator Lummis sits down with Seana Smith and Madison Mills on Catalysts to discuss the outlook of a US strategic bitcoin reserve, calling the landmark cryptocurrency "the right asset" and "digital gold" for being a finite resource. "Only 21 million bitcoin will ever be mined. And it has the elements of strength. And even though it's slightly volatile, it's always volatile in an upward-leaning direction. And so the goal here of holding it for 20 years is in recognition that on the short term, there is short-term volatility. On the long term, there is long-term growth that far exceeds the ability of the US dollar to keep up." Bitwise Asset Management CIO Matt Hougan told Yahoo Finance this week that a US investment into a strategic bitcoin reserve could propel the cryptocurrency's price to $500,000. "The US dollar is designed to debase. The Fed has a goal of 2% per year inflation, whereas bitcoin's goal is to far, far exceed in value inflation and far exceed the value of the US dollar," Sen. Lummis explains. "And so far from inception, it has done exactly that. It's grown about 55% per year. And if you look at the long term, over time, it'll drop from 55% a year to 45% a year to 35% a year. But it will continue to grow where the US dollar will continue to decline in value." Catch Yahoo Finance's full interview with Senator Kirsten Gillibrand (D-NY), where the lawmaker speaks more about the crypto regulation bill and Trump's choice Paul Atkins as the next chair of the Securities and Exchange Commission (SEC). 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.

19 Dec, 2024 @ 16:01 by FinancialContent

Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Schwab US Dividend Equity ETF, which added 24,550,000 units, or a 1.1% increase week over week. Among the largest underlying components of SCHD, in morning trading today Blackrock is up about 0.7%, and Cisco Systems is higher by about 0.3%.

Estée Lauder is betting big on a potentially game-changing approach. Here's what you need to know about the cosmetics giant's surprising turnaround plans.

The rally in XRP and other cryptocurrencies has put focus on where digital assets might be heading in 2025.

In today's rapidly evolving and fiercely competitive business landscape, it is crucial for investors and industry analysts to conduct ...

19 Dec, 2024 @ 15:00 by FinancialContent

In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for ...

US stock futures (ES=F, NQ=F, YM=F) are staging a slow recovery from yesterday's sell-off fueled by the Federal Reserve's latest interest rate cut and forecasts that illustrate the central bank's plans to cut less in 2025. Backing President-elect Donald Trump's sentiments, Elon Musk is a pivotal voice in opposing House Speaker Mike Johnson's (R) proposed funding deal, intensifying worries of a government shutdown over this weekend right before the holidays. Micron Technology (MU) shares fall lower after releasing fiscal second quarter revenue forecasts that fell below Wall Street expectations. Nike (NKE) is set to report earnings after Thursday's market close. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

"Investors should proceed with cautious optimism," Howard Chan, founder and CEO of Kurv Investment Management, told Benzinga in an ...

Markets now expect only two interest rates cuts next year

19 Dec, 2024 @ 11:51 by Yahoo! Finance

Only two cuts in 2025 is a significant shift from earlier expectations.

Chinese tech giants are making substantial gains, challenging the dominance of established players like Apple Inc. (NASDAQ:AAPL) in the ...

Perplexity AI, backed by Amazon.com Inc. founder Jeff Bezos, secured $500 million in funding led by Institutional Venture Partners, ...

Pound and commodities lower as Fed signals rate caution

19 Dec, 2024 @ 09:20 by FinancialContent
19 Dec, 2024 @ 08:48 by Seeking Alpha

Apple Inc.(NASDAQ:AAPL) is reportedly engaging in discussions withTencent(OTC:TCEHY) and TikTok’s parent ...

OpenAI has unveiled a new feature that lets users call ChatGPT for free, offering a 15-minute call per month through the toll-free ...

Apple Inc. (NASDAQ:AAPL) has slammed Meta Platforms, Inc. (NASDAQ:META) for its numerous requests to access iPhone-maker’s ...

Apple Inc. (NASDAQ:AAPL) and Nvidia Corporation (NASDAQ:NVDA) have announced a collaboration for the improvement in the performance of ...

Not every sell signal is the same. Kathy Donnelly, investing coach and co-author of "The Lifecycle Trade," joins Investor's Business Daily's "Investing with IBD" podcast to explain why good trading isn't necessarily about selling at any one signal, but finding the limitations and exceptions with your holding rules. She also discusses applying trade rules to stocks like Cava (CAVA), Netflix...

In the preceding three months, 18 analysts have released ratings for Microsoft (NASDAQ:MSFT), presenting a wide array of perspectives ...

Microsoft's substantial investment in 485,000 Nvidia "Hopper" chips in 2024 underscores its aggressive expansion in AI infrastructure.

YouTube sensation Jimmy Donaldson, better known by his creator name “MrBeast,” is taking his talents to Amazon.com Inc ...

18 Dec, 2024 @ 19:41 by Seeking Alpha
18 Dec, 2024 @ 18:20 by FinancialContent

Broadcom Inc (NASDAQ:AVGO) shares are trading lower Wednesday, pulling back from a recent surge that saw the stock join the $1 trillion ...

On Wednesday, the Consumer Financial Protection Bureau (CFPB) announced significant measures to protect consumers from deceptive credit ...

Cloud-based private company Databricks isn't in a rush to go public. What Happened: While the San Francisco-based company is ...

18 Dec, 2024 @ 18:05 by Seeking Alpha

Some bitcoin (BTC-USD) miners are shifting into artificial intelligence (AI) and selling their existing power to AI data centers as Big Tech companies look for power sources capable of meeting the energy-intensive needs of AI infrastructure. Core Scientific (CORZ) CEO and president Adam Sullivan joins Madison Mills on Catalysts to talk about how the company is balancing its resources to facilitate crypto mining and AI data centers. "We were the largest bitcoin mining company for the past three years, and that's really driven by the fact that we had to bring in traditional data center people to actually run the business. That's really been our differentiator," Sullivan tells Yahoo Finance. The CEO says, "We think of ourselves as a digital infrastructure company, whether it's building data centers for bitcoin mining or whether it's building data centers to host hundreds of megawatts of [Nvidia's (NVDA)] GB200 that you guys were talking about earlier, you know, our core competency is driven through large-scale digital infrastructure." Looking to 2025, the company expects "a relatively equal split" between crypto mining and AI. Sullivan adds, "Our expectation is to continue to grow the data center part of the business, which is just a radical shift from the high volatility bitcoin mining space moving into the data center space" as the "long-term contracts" provide "a lot of long-term and free cash-flow stability that investors really enjoy." Watch the video above to learn more about how Core Scientific is balancing the needs of bitcoin mining and AI customers. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.

18 Dec, 2024 @ 17:32 by FinancialContent

After a dip into correction territory, a couple of new developments appear to be fueling the AI specialist's rise.

Shares of Rezolve AI Ltd (NASDAQ:RZLV) skyrocketed more than 50% over the past five trading days, after the company announced plans to ...

Apple's iPhone 16 sales are lagging last year's models possibly due to low consumer awareness of AI features.

18 Dec, 2024 @ 15:41 by FinancialContent

In early trading on Wednesday, shares of NVIDIA topped the list of the day's best performing Dow Jones Industrial Average components, trading up 3.5%. Year to date, NVIDIA registers a 172.5% gain.

Oracle stock, along with Salesforce and Microsoft, are top big enterprise software picks for analysts heading into 2025.

In today's rapidly changing and fiercely competitive business landscape, it is essential for investors and industry enthusiasts to ...

In the ever-evolving and intensely competitive business landscape, conducting a thorough company analysis is of utmost importance for ...

18 Dec, 2024 @ 14:24 by FinancialContent

Shares of Apple are so expensive, Treasuries may be a better buy.

Nuclear startup Oklo announced a data center deal Wednesday, propelling nuclear-related stocks higher.

Apple Inc (NASDAQ:AAPL) may be riding high with a $253.48 stock price, but the iPhone 16 cycle is showing signs of stumbling, according ...

18 Dec, 2024 @ 13:37 by FinancialContent

Breakthroughs in quantum computing have shares of Alphabet and IonQ soaring as of late.

On Wednesday, Sony Group Corp’s (NYSE:SONY) semiconductor division announced it accomplished a significant milestone by shipping ...

Can AI really help Salesforce, Google, Microsoft and other tech giants grow revenue in 2025, propelling AI stocks higher?

18 Dec, 2024 @ 13:02 by FinancialContent

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18 Dec, 2024 @ 12:50 by Yahoo! Finance

XRP has rallied over 400% since President-elect Donald Trump won the election, but Investors should brace for more volatility.

18 Dec, 2024 @ 12:44 by FinancialContent

SalesforceInc (NYSE:CRM) targets employing 2,000 people in the form of sales reps, marketers, and customer service agents to sell ...

The latest investor updates on stocks that are trending on Wednesday.

The tech giant's market cap just rose by more than $200 billion in a single day.

Bitcoin price fell early Wednesday, pulling back somewhat from a record high earlier this week as investors’ attention turned to the next interest rate decision by the Federal Reserve. The world’s largest cryptocurrency is down 3.2% over the last 24 hours to $103,989, according to CoinDesk data. Cryptocurrencies across the board got a boost Tuesday after Ripple, the payment platform that issues the digital token XRP which used to settle payments on its platform, announced the beginning of trading of a new stablecoin under the name RLUSD.

18 Dec, 2024 @ 10:12 by Yahoo! Finance

Discover the best credit cards to save money, earn rewards, and travel smarter.

The U.S. has the world’s largest companies by market capitalization and about two-thirds of the MSCI World Index is dominated by ...

Salesforce Inc. (NYSE:CRM) plans to hire 2,000 people to sell its artificial intelligence products, doubling its previous hiring target ...

Microsoft Corp. (NASDAQ:MSFT) has reportedly acquired nearly twice as many Nvidia Corp. (NASDAQ:NVDA) AI chips as its closest ...

On Tuesday, Microsoft Corporation (NASDAQ:MSFT) CEO Satya Nadella shared insights about the transformative impact of AI throughout 2024, ...

New leaks have emerged, offering a glimpse into the design of the upcoming Samsung Electronics Co.'s (OTC:SSNLF) Galaxy S25 Ultra and ...

18 Dec, 2024 @ 03:55 by FinancialContent

The S&P and Nasdaq are beginning to diverge from each other in terms of their EW counts. I discuss tonight the potential that the S&P 500 may have completed all legs up to complete the Intermediate 3rd wave.

17 Dec, 2024 @ 21:14 by FinancialContent

A discussion about two styles-chasing strength and buying lows.

17 Dec, 2024 @ 18:20 by FinancialContent

A discussion about the market’s concentration in mega-cap tech, led by the “Magnificent Seven”, while highlighting the risks of this trend.

17 Dec, 2024 @ 18:00 by Seeking Alpha
15 Dec, 2024 @ 16:40 by Seeking Alpha
15 Dec, 2024 @ 14:24 by Seeking Alpha
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14 Dec, 2024 @ 14:47 by Seeking Alpha
14 Dec, 2024 @ 10:00 by Seeking Alpha
13 Dec, 2024 @ 18:49 by Seeking Alpha

Traders’ attention now shifts to the Fed’s meeting and press conference.

13 Dec, 2024 @ 09:35 by Seeking Alpha
12 Dec, 2024 @ 20:11 by Seeking Alpha
12 Dec, 2024 @ 17:56 by Seeking Alpha
12 Dec, 2024 @ 14:02 by Seeking Alpha
12 Dec, 2024 @ 12:29 by Seeking Alpha

Lithuania is set to outperform Estonia and Latvia fiscally and economically in the short to medium term, driven by structural, cyclical and policy-related factors.

22 Nov, 2024 @ 13:39 by Yahoo! Finance

The euro’s downtrend continued on Friday as more economic data supported the outlook for another European Central Bank rate cut in December.

20 Nov, 2024 @ 17:09 by Yahoo! Finance

The dollar strengthens as "there is greater room for an upward reassessment in US interest rate expectations relative to other major economies," BBH analysts write. The Atlanta Fed's updated projection of 2.

19 Nov, 2024 @ 10:38 by Yahoo! Finance

While the overall inflation returned to the ECB's target, core inflation — a measure which strips out volatile elements — is at 2.7%.

As challenging as France’s fiscal and political outlooks are, the country’s underlying areas of resilience include a favourable government debt profile, a resilient economy and well capitalised banks.

12 Nov, 2024 @ 12:37 by Yahoo! Finance

The dollar index has rallied since Republican candidate Donald Trump won the US presidential election. His win has changed the fiscal and monetary policy outlook, favoring the greenback.

Germany needs a stable and reform-oriented government to respond to the impact of US president-elect Donald Trump’s potential policy shifts that will impact Germany’s trade, fiscal and defence policies.

Donald Trump’s emphatic victory in the US presidential elections is a net negative for US risks over the medium run because it raises financial risk, although nearer-term implications for the economy are more mixed.

The prospect of a Donald Trump presidency roiled foreign-exchange markets, giving the dollar a huge boost and hammering other currencies like the euro, yen, Mexican peso and Chinese yuan. The Mexican peso sank to its weakest level against the dollar this year, before paring some losses. Trump has threatened to levy hefty tariffs on Mexico that could curb demand for its exports.

06 Nov, 2024 @ 11:27 by Yahoo! Finance

Investors are betting a second Donald Trump presidency will widen the economic gap between the U.S. and Europe. Traders ramped up wagers Wednesday that European policy makers will cut interest rates more aggressively, given Trump's proposed tariffs could hurt Europe's already struggling economy.

The preliminary figure for growth in the third quarter is 2.8%, 0.2% below the consensus.

Georgia’s coming elections highlight its tough balancing act between the West and Russia. Competing visions for the nation’s future, challenging geopolitics and sanctions risks threaten the sovereign’s ratings.

Inflation below target suggests that the cycle of loosening will probably continue up to summer 2025.

18 Oct, 2024 @ 10:14 by Yahoo! Finance

EUR/USD collapsed to an 11-week low on Thursday after the European Central Bank lowered interest rates by 25-bps.

17 Oct, 2024 @ 15:19 by Yahoo! Finance

The European Central Bank lowered its key interest rate to 3.25%, in its second consecutive cut. The move widens the gap in benchmark borrowing costs with the Federal Reserve. Find out more in our recently ...

Headline annual inflation reached a fresh low of more than three years but the greenback’s performance was mixed.

Italy aims to accelerate fiscal tightening to exit the Excessive Deficit Procedure earlier than expected, but high public debt, structural economic weaknesses and unfavourable demographics pose challenges.

Germany is facing demographic challenges with more acute structural pressures than other advanced economies. Labour-market and pension reforms are essential, but fragmented politics risk are eroding competitiveness.

Despite inflation heading below the ECB's target rate of 2% in September, core inflation — which strips out more volatile measures — still came in at 2.7%.

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