Search
News
WTI posts modest gains to near $69.50 as US crude stocks fall
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.50 on Thursday. The WTI price posts modest gains as US crude inventories fell and the US Federal Reserve (Fed) lowered its key interest rate by a quarter percentage point on Wednesday.
Bitcoin drops for the first time in four days after Fed’s disappointing rate cut
Bitcoin fell sharply for the first time in four days as markets reacted to the Federal Reserve’s latest rate decision. The apex crypto tumbled by as much as 5.3%, dropping to $100,752 after briefly soaring past $108,000 earlier this week in a record-breaking rally.
Japanese Yen hangs near one-month low against USD; BoJ decision awaited
The Japanese Yen (JPY) will be in the spotlight this Thursday as the Bank of Japan (BoJ) is scheduled to announce its final policy decision of the year. The BoJ is widely expected to keep interest rates steady, though it might signal a potential rate hike in January.
Fxstreet
Dec 19, 2024
Baird raises Tesla price target by $200 on strong 2025 outlook
Investing.com -- Baird raised its price target for Tesla Inc (NASDAQ:TSLA) to $480 from $280, on strong growth prospects in the automaker, supported by cost reductions, new models, and favourable regulatory dynamics.Investing.com
Dec 19, 2024
Powell speech: Rate hike does not appear to be a likely outcome next year
Federal Reserve Chairman Jerome Powell explains the decision to cut the policy rate, federal funds rate, by 25 basis points to the range of 4.25%-4.5% after the December meeting and responds to questions in the post-meeting press conference.Fxstreet
Dec 19, 2024
Walt Disney top pick at Morgan Stanley, experiences segment to drive growth
Investing.com -- Morgan Stanley said Walt Disney Company (NYSE:DIS) was its top pick, as it expects theme parks and cruise business to drive growth in the coming years, supported by scaled investments and improving margins.
Investing.com
Dec 19, 2024
Evercore sees upside for Target, Best Buy on holiday shopping trends
Investing.com -- Evercore ISI initiated positive tactical calls on Target Corporation (NYSE:TGT) and Best Buy Co Inc (NYSE:BBY) on improved holiday shopping trends and favourable spending intentions in key categories.Investing.com
Dec 19, 2024
Fed's hawkish surprise ahead of the holidays puts January pause in spotlight
Investing.com -- The Federal Reserve delivered a hawkish present to markets at its December meeting ahead of the holidays as the widely expected rate cut in December was served up with forward guidance that caught markets by surprise.Investing.com
Dec 19, 2024
US stock markets are crashing as Bitcoin breaks $108k
The U.S. stock markets are in shambles, while Bitcoin is flying past $108,000, rewriting the rules of the financial game. The S&P 500 has now set a record for failure, dropping for 12 straight days—the longest losing streak in its entire history. The Dow Jones isn’t doing much better, limping into aCryptopolitan
Dec 18, 2024
ECB’s Wunsch: Four more rate cuts is a meaningful scenario that I feel relatively comfortable with
European Central Bank (ECB) policymaker Pierre Wunsch said on Wednesday that “four more rate cuts is a meaningful scenario that I feel relatively comfortable with.” Additional quotes Impact of tariffs depends on reaction in the exchange rate.Fxstreet
Dec 18, 2024
Featured Tools
Top News
Nasdaq Extends Gains by 1.6%, SOX Surges Over 5%; Tech Stocks Lead Market as CoreWeave Soars Over 25% Post-Earnings
US October PPI Preview: Fed Rate Hike Expectations Rise, PPI May Be Key Variable; How Will US Stocks, Dollar, and Gold Move?
Cisco Stock Retests $101.60 Ahead of Q1 Results, With AI Orders in Focus
Dow Jones futures remain steady amid hawkish Fed rate outlook, Nvidia leadership turmoil
Nvidia Falls Over 7% Premarket, AMD and Broadcom Buck Trend to Gain Over 2%: Jensen Huang’s Future May Drive Customers to Diversify Chip Purchases
Market Movers
Medline Ord Shs Class A Stock (MDLN) Closed Down by 5.17% on Nov 12: What Signal Does It Send?
an hour ago
MDLN
--
Delta Air Lines Inc Stock (DAL) Moved Down by 5.05% on Nov 12: What Investors Need To Know
2 hours ago
DAL
--