• Jan 08, 2025

Trump Policy Jitters Spur Record $26 Billion Bond Flurry in Emerging Markets

(Bloomberg) -- Emerging market governments have notched up the busiest start to a year for bond sales on record, scrambling to lock in funds before US President-elect Donald Trump takes office.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?

• Jan 08, 2025

Rigetti, IonQ stocks plunge after Nvidia CEO says 'useful' quantum computing is decades away

Rigetti Computing, IonQ, and other quantum stocks plunged after Nvidia CEO Jensen Huang told Wall Street analysts that “very useful quantum computers” are likely 20 years away.

• Jan 08, 2025

Moderna stock forfeits gains as first US bird flu death puts vaccine development in focus

The first human bird flu death in the US has Moderna's vaccine development in focus for investors this week.

• Jan 08, 2025

Coinbase scores win against SEC as judge agrees to escalate dispute over crypto security definition

Coinbase and the SEC have been locked in legal proceedings about whether the crypto exchange is violating securities laws.

• Jan 08, 2025

Federal Reserve officials at December meeting expected slower pace of rate cuts ahead

Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes. Minutes from the meeting, released after the typical three-week lag, also showed clear division among the Fed's 19 policymakers. Ultimately, the Fed choose to cut its key rate by a quarter-point to about 4.3%.

• Jan 08, 2025

Oil Slumps as Technicals Cap Rally Driven by Tighter Supplies

(Bloomberg) -- Oil fell after a key technical level provided resistance to a rally that has been driven by continued signs of tightening US crude supplies.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can States Hit the Brakes on Runaway Roadbuilding?West Texas Intermediate futures slumpe

• Jan 08, 2025

Treasury forced to intervene in market turmoil

The Treasury has been forced to intervene to stabilise financial markets amid growing concern over the impact of Rachel Reeves’s Budget and a surge in borrowing costs.

• Jan 08, 2025

AMD Stock Slumps After Double Downgrade by HSBC on AI Revenue Concerns

Advanced Micro Devices shares fell Wednesday after HSBC analysts gave the stock a double downgrade, citing concerns about its artificial intelligence revenue.

• Jan 08, 2025

Quantum Computing Stocks Sink as Nvidia CEO Says Tech Is 15 to 30 Years Away

Several stocks across the quantum computing industry fell sharply Wednesday after Nvidia CEO Jensen Huang said the technology is likely still years away.

• Jan 08, 2025

Why Financial Markets Are Losing Hope for a 2025 Fed Rate Cut

The economy has been running hotter than expected lately, raising the possibility that the Federal Reserve will hold interest rates higher for longer, and may not even cut interest rates in 2025 as policymakers had predicted.