Tom Lee is the head of research at Fundstrat Global Advisors. Lo and behold, the S&P 500 advanced by 24% last year as cooling inflation and the anticipation of interest rate cuts gave investors reasons to be bullish.
The Wall Street veteran takes a second look at the aerospace company.
SEOUL (Reuters) -South Korea's finance ministry vowed on Sunday to continue to swiftly deploy market stabilising measures as needed to support the economy after President Yoon Suk Yeol was impeached over his brief imposition of martial law. The leader of the main opposition Democratic Party, Lee Jae-myung, called for a National Stability Council for Governance comprising the government and parliament to discuss finance, economy and public livelihoods. The Bank of Korea said in a statement that it would use all available policy instruments in conjunction with the government to respond to and avert any escalation of volatility in financial and foreign exchange markets.
(Bloomberg) -- China’s regulators pledged to boost efforts to stabilize the housing and equity markets, as well as conduct more effective fiscal policies, in the wake of a meeting of top leaders that called for greater stimulus.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfCity Hall Is HiringLondon’s Tube Fares Are Set to Rise by 4.6% Next YearAmerican Institute of Architects CEO ResignsThe government will promote the recov
As investors surely already know, bellwether Intel Corp (INTC) has become the black sheep of the semiconductor family. Late to the game in shifting from CPUs to GPUs, Intel has lost industry leadership to Nvidia (NVDA) and long-term competitor Advanced Micro Devices (AMD). That fact is crystal clear when recognizing that NVDA stock’s market cap is now approximately 40x that of Intel. With shares of Intel at a low, new leadership at the company, as well as sprinkles of takeover interest since Int
President-elect Donald Trump’s latest pitch to major corporations and wealthy business leaders: Invest $1 billion in the U.S. and he’ll drastically slash any red tape slowing them down.
As temperatures drop, your utility bill is probably rising.
MicroStrategy continues garnering headlines as one of the leading institutional supporters of Bitcoin, once again, buying $2.1 billion worth of BTC. The investment takes the total number of Bitcoin the company holds to 423,650 Bitcoins worth nearly $41.5 billion today. This clearly highlights the ...
Consumer sentiment and spending will remain strong in 2025, with outsize gains for discretionary stocks, with some outperformance in staples, too, Goldman said.
