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BUZZ-Viking set to double in 'challenging' year for obesity drug developers
Updates** Viking Therapeutics' VKTX.O shares have more than doubled this year, on track for a third successive year of gains** Shares of other smaller obesity drug developers such as Structure Therapeutics GPCR.O, Altimmune ALT.O and Amgen AMGN.O are set to end the year in the red ** BMO Capital ana...Reuters
Tue, Dec 31
BUZZ-Uranium miners gain in 2024 as nuclear demand soars
** Shares of uranium companies Uranium Energy UEC.A, Centrus Energy LEU.A and Canadian miner Cameco CCO.TO up 5%, 20.1%, and 29.1% this year, respectively** Prices of nuclear fuel surged this year on expectations of a demand spike as the energy transition unfolds** The United States also put a ban o...Reuters
Tue, Dec 31
BUZZ-Gene therapy makers set to end 2024 in the red
** Shares of bluebird bio BLUE.O leads yearly declines for gene therapy makers, with Vertex Pharmaceuticals VRTX.O and BioMarin BMRN.O also set to end 2024 in the red ** VRTX falls 1.6% YTD, while BMRN is down 32% and BLUE down 71% ** One-time treatments Lyfgenia and Casgevy, by BLUE and VRTX, ...Reuters
Tue, Dec 31
BUZZ-Roblox leads gaming stocks in 2024; Take-Two gears up for 'GTA VI' launch
** Roblox RBLX.N leads gaming stocks with 28% share price gains this year; co's free-to-play model has been attracting significant consumer spending on its platform despite wider slowdown in gaming activity** RBLX was also targeted by short-seller Hindenburg Research in October 2024, who alleged the...Reuters
Tue, Dec 31
BUZZ-Newmont, Barrick fall in 2024 as costs weigh in
** Shares of Newmont NEM.N and Canada's Barrick Gold ABX.TO, the top two gold miners, fell in 2024 despite bullion's more than 27% rise ** The two gold miners were hit by rising costs, primarily on labor as well as production issues across continents ** Spot gold prices XAU=, however, touched record...Reuters
Tue, Dec 31
BUZZ-Sleep apnea device makers end year with mix performance despite GLP-1 concerns
** Shares of sleep apnea device makers set to end 2024 with mixed performance despite looming threat from GLP-1 drugs to treat the sleep disorder** ResMed RMD.N and Inspire Medical INSP.N make medical devices used to treat sleep apnea, a potentially serious sleep disorder in which breathing repeated...Reuters
Tue, Dec 31
BUZZ-Card industry sees mixed trends in 2024 amid macro instability
** Card company stocks remained mixed in 2024 as high borrowing costs prompted a large section of customers to cut back on spending, while the affluent continued to make purchases** The Federal Reserve's stance on hiking rates to a record high level to battle inflation did not help U.S. payments ind...Reuters
Tue, Dec 31
LIVE MARKETS-When it came to cutting-edge themes, Mag 7 still ruled the roost in 2024
Main U.S. indexes now red: Nasdaq off most, down ~0.9%Tech weakest S&P sector; Energy leads gainersEuro STOXX 600 index up ~0.6%Dollar, gold gain; crude up >1%; bitcoin rallies >1.5%U.S. 10-Year Treasury yield rises to ~4.58%Welcome to the home for real-time coverage of markets brought to you by Reu...Reuters
Tue, Dec 31
BUZZ-Chips go for the dip with Nvidia turning red
** The Philadelphia Semiconductor index .SOX was down 0.4% on Tuesday with its star year-to-date performer Nvidia NVDA.O taking a break from advancing on the last day of the year with a decline of 1.3% ** Conversely, Intel INTC.O the index's biggest decliner for the year-to-date, was its biggest gai...Reuters
Tue, Dec 31
Is Amazon a Buy, Sell, or Hold in 2025?
E-commerce pioneer Amazon (NASDAQ: AMZN) belongs in the small handful of stocks I'd consider buying at any time. At the same time, master investors like Warren Buffett insist that even great companies should be bought only at reasonable prices.As 2024 winds down, Amazon shares have gained more than ...The Motley Fool
Tue, Dec 31
US STOCKS-Wall St set to end 2024 on high note as AI boom, rate cuts power bull run
Higher Treasury yields pressure stocksS&P 500 set for biggest two-year jump since 1997-98Indexes off: Dow 0.15%, S&P 500 0.22%, Nasdaq 0.33%For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news windowBy Johann M Cherian and Pranav KashyapDec 31 (Reuters)...Reuters
Tue, Dec 31
BUZZ-US airline stocks soar in 2024 on strong travel demand
** Shares of major U.S. airlines are set to end 2024 on a high note, propelled by robust travel demand and overall resilient prices ** Carriers with long-haul international operations saw increased interest in flying overseas due a stronger dollar and high demand for premium offerings ** American...Reuters
Tue, Dec 31
Why Rivian Stock Is Jumping Today
Rivian Automotive (NASDAQ: RIVN) stock is making gains in Tuesday's trading. The electric vehicle (EV) company's share price was up 5% as of 11:30 a.m. ET.Today is 2024's final trading day, and investors are making relatively few buying and trading moves compared to the average session. Thanks in pa...The Motley Fool
Tue, Dec 31
BUZZ-Viking set to double in 'challenging' year for obesity drug developers
** Viking Therapeutics' VKTX.O shares have more than doubled this year, on track for a third successive year of gains** Shares of other smaller obesity drug developers such as Structure Therapeutics GPCR.O, Altimmune ALT.O and Amgen AMGN.O are set to end the year in the red ** BMO Capital analysts t...Reuters
Tue, Dec 31
3 Hot Stocks That Can Double Again in 2025
Some of the hottest stocks of 2024 may surprise you. A few more than 100 stocks with market caps north of $2 billion doubled over the past year. Some of the unlikely winners include a legacy airline, an online dating app, and even a pair of Argentinian banks.They're unlikely to repeat the feat in 20...The Motley Fool
Tue, Dec 31
BUZZ-US restaurant chains grapple with weak demand, value wars in 2024
Updates** The S&P 500 Restaurants sub index SPLRCREST has risen 2.7% so far this year, contrasting sharply with the 23.8% rise in the broader S&P 500 index .SPX** Higher restaurant menu prices in the United States led to muted consumer demand in 2024 and chains responded with value offerings to rene...Reuters
Tue, Dec 31
BUZZ-Cruise stocks advance as demand strengthens
Updates** Shares of cruise operators Royal Caribbean RCL.N, Carnival CCL.N and Norwegian Cruise Line Holdings NCLH.N up ~80%, 35% and 28% this year, respectively** Stocks have risen for the second straight year** RCL and NCLH have raised their annual forecasts multiple times this year, while CCL for...Reuters
Tue, Dec 31
BUZZ-Vaccine makers end the year with mixed performance
** Vaccine stocks conclude 2024 with mixed results, with Pfizer PFE.N and Moderna MRNA.O set to end the year in the red, while Novavax NVAX.O and BioNTech BNTX.O are on track to snap a two-year losing streak ** Shares of Pfizer have fallen 7.6% this year, trading at less than half their value at the...Reuters
Tue, Dec 31
BUZZ-U.S. defense stocks rise in 2024 on higher global military spending
** Strong weapons demand amid the ongoing Middle East crisis and the Russia-Ukraine war boosted arms manufacturers' stock value this year** Stocks of defense majors catch up with the S&P 500 .SPX after lagging the market benchmark in 2023, with RTX RTX.N ouperforming YTD (up 37.6%)** Lockheed Marti...Reuters
Tue, Dec 31
