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Broadcom initiated at Hold by HSBC
Investing.com -- HSBC initiated coverage on Broadcom (NASDAQ:AVGO) with a Hold rating and a price target of $160 per share on Tuesday, citing limited upside to FY25 earnings amid slowing momentum in key segments and potential headwinds in FY26.Investing.com
Dec 4, 2024
Strong jobs report won't derail Dec. rate cut, but upside inflation might: BofA
Investing.com -- A strong jobs report on Friday is unlikely to derail a December rate cut as many expect to see a rebound following a weather-related hit to October jobs report, but an upside surprise in November inflation could just do the trick.Ripple's XRP investors book over $4 billion in profits amid South Korea's declaration of martial law
Ripple's XRP is down 5% on Tuesday after news of South Korea declaring martial law sparked a surge in selling activity and significant profit-taking among investors. However, whales have stepped up buying pressure as the remittance-based token looks to stage a recovery.
Marvell stock soars as strong AI demand yields earnings beat, strong guidance
Marvell Technology Inc (NASDAQ:MRVL) reported third-quarter fiscal 2025 earnings that exceeded analyst expectations, driving its stock almost 8% higher in after-hours trading. The company also provided an optimistic outlook for the fourth quarter, citing robust demand for its AI-related products.Investing.com
Dec 4, 2024
Gold edges higher after Fed speakers talk up Christmas interest-rate cut
Gold (XAU/USD) edges higher to trade in the $2,640s on Tuesday after commentary from Federal Reserve (Fed) speakers led to an uptick in the probabilities of the Fed cutting interest rates at its December policy meeting.Fxstreet
Dec 3, 2024
U.S strikes with new tech restrictions to curb China’s AI advancements
The United States is imposing new export restrictions on China’s semiconductor industry, barring U.S. shipments to 140 companies. This includes chip equipment maker, Naura Technology Group. According to a Reuters report, the United States launched its third such major sweep on Chinese chipmaking sinCryptopolitan
Dec 3, 2024
US-Europe equity positioning gap widens with bias towards Wall St, Citi says
Investor positioning in U.S. equities remained largely bullish as a rally on Wall Street showed little signs of stopping, while positioning on European stocks reflected a sustained bearish sentiment, Citi said in a note.Investing.com
Dec 3, 2024
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