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  • Jan 01, 2025

Nvidia's market value gets $2 trillion boost to more than double in 2024 amid AI rally

The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. Its market value was $1.2 trillion at the end of 2023. Meanwhile, Apple continued to lead global companies in market value, nearing a historic $4 trillion valuation.

  • Jan 01, 2025

Turkey Inflation Likely Missed Central Bank Target For End-2024

(Bloomberg) -- Turkey’s annual inflation in December likely eased less than the central bank projected, just as policymakers have started to set the stage for a more accommodative stance in the new year.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Sub

  • Jan 01, 2025

Ample supply, slow demand to temper oil price gains in 2025

(Reuters) -Oil prices are likely to be constrained near $70 a barrel in 2025 as weak demand from China and rising global supplies are expected to cast a shadow on OPEC+-led efforts to shore up the market, a Reuters monthly poll showed on Tuesday. The survey of 31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025, down from a forecast of $74.53 in November, marking an eighth straight downward revision. The global benchmark Brent crude has averaged around $80 a barrel so far this year and was poised for a 3% yearly decline on weakening demand stemming from top importer China.

  • Jan 01, 2025

Morning Bid: Markets usher in 2025 with Trump trepidation

An air of caution lingered over markets on Thursday as Donald Trump's impending return to the White House - and his plans for hefty import tariffs, tax cuts and immigration restrictions - set the tone for the new year. With just over two weeks until the U.S. President-elect's Jan. 20 inauguration, investors were bracing for unpredictability in Trump's economic agenda and what that would mean for the global economy. Trump's talk of tariffs in excess of 60% on imports of Chinese goods has coincided with central government pledges of proactive policies to promote growth this year, muddying the outlook for an economy that has struggled for momentum.

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