• Jan 08, 2025

Wall Street Bullish on Nvidia Following Advanced AI Development Announcement at CES 2025

Wall Street analysts rerated Nvidia Corp (NASDAQ:NVDA) after it showcased its Blackwell Geforce RTX 50 series product lineup, AI supercomputer Project Digits, and more at the CES 2025. Rosenblatt analyst Hans Mosesmann maintained Nvidia with a Buy and a $220 price target. CEO Jensen Huang and CFO Colette Kress held court with Wall Street yesterday at CES, as investors were still digesting Jensen’s keynote in Las Vegas. Mosesmann provided his key takeaways from the Financial Analyst Q&A. The AI m

• Jan 08, 2025

Manufacturing giant Bosch, blighted by German economy, turns to U.S. with multimillion-dollar bet on first-ever Super Bowl ad

The German industrial giant will run a Super Bowl ad, the first in its 138-year history, as struggles in Germany continue.

• Jan 08, 2025

Wall Street cuts Exxon earnings views after fourth-quarter snapshot

HOUSTON (Reuters) -Analysts on Wednesday lowered their fourth-quarter earnings estimates for Exxon Mobil, the day after the top U.S. oil producer warned that reduced prices and margins could hurt quarterly results. Shares of Exxon declined 1.4% to $107.17 in midday trading. The earnings snapshot from the industry bellwether signaled a tougher quarter for oil producers, which will begin publishing results this month.

• Jan 08, 2025

Bitcoin tumbles to less than $100,000 as a strong U.S. dollar hits crypto

Bitcoin has again slipped below the $100,000 mark, experiencing a decline of over 5% in the past 24 hours.

• Jan 08, 2025

Is the Stock Market Open Thursday? Key Changes as President Carter is Mourned

Major trading markets and the federal government will take a break Thursday to commemorate the life of former President Jimmy Carter.

• Jan 08, 2025

Novo Nordisk Stock Rises as UBS Upgrades Ozempic Maker, Calls Sell-Off 'Overdone'

Novo Nordisk's U.S.-listed and domestic shares rose Wednesday after analysts from UBS upgraded the Danish drugmaker's stock to "buy" from "neutral," calling the recent sell-off of the stock "overdone."

• Jan 08, 2025

Top Stock Movers Now: EBay, Cal-Maine Foods, AMD, and More

U.S. equites were slightly lower at midday as the market weighed the latest report on private sector employment and waited for the government's jobs report later this week.

• Jan 08, 2025

Cal-Maine Foods Stock Climbs on Strong Earnings, Thanks to Higher Egg Prices

Cal-Maine Foods shares climbed Wednesday after the egg producer reported better-than-expected results on higher egg prices and holiday season demand.

• Jan 08, 2025

U.S. CFTC Chief Benham's Last Words to Crypto: Protect the Investors

In what will be his final public speech as head of the derivatives agency, Rostin Benham had a lot to say about digital assets supervision in the U.S.

• Jan 08, 2025

Plunging UK Markets Offer Fresh Warning Over Economy and Pile Pressure on Starmer

(Bloomberg) -- Plunging UK markets are serving a fresh warning about the British economy and heaping pressure on Keir Starmer’s embattled Labour government.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?While UK bond yields have been creepi