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GLOBAL MARKETS-Dollar set for big annual gain as traders brace for high US rates
Dollar index set for 6.6% rise in 2024World stocks notch 1.6% weekly gain in thin tradeYen at five-month lows in fourth year of declinesHawkish Fed keeps euro near two-year lowsUpdates pricesBy Naomi Rovnick and Ankur Banerjee LONDON, SINGAPORE Dec 27 (Reuters) - The U.S. dollar headed towards an...
Reuters
Fri, Dec 27
1 Artificial Intelligence (AI) Stock to Buy Before It Hits $3 Trillion in 2025, According to a Wall Street Analyst
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) currently trades at $196 per share. However, Morgan Stanley analysts led by Brian Nowak have outlined a bull-case scenario where the stock advanced 38% to $270 per share in 2025, driven by strong revenue growth across its advertising and cloud computing busine...
The Motley Fool
Fri, Dec 27
5 Seemingly Unstoppable Stocks I'd Sell Right Now
In just a few days, we'll turn the page on what's been another phenomenal year for Wall Street. As of the closing bell on Dec. 24, the iconic Dow Jones Industrial Average, broad-based S&P 500, and innovation-inspired Nasdaq Composite have respectively gained 15%, 27%, and 33% for the year.While a co...
The Motley Fool
Fri, Dec 27
My 3 Favorite Stocks to Buy Right Now
We're heading into the last few days of the year, and now makes a great time to think about what stocks you would like to own next year -- and beyond. You might want to get a head start on the new investing year by picking up a few quality players with solid long-term prospects. Now, during the quie...
The Motley Fool
Fri, Dec 27
LIVE MARKETS-STOXX 600 inches up in holiday-thinned trading, Delivery Hero falls
STOXX 600 up 0.2%Delivery Hero falls after unit sale blocked in TaiwanWall St futures lowerWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comSTOXX 600 INCHES UP IN HOLIDAY THINNED TRADI...
Reuters
Fri, Dec 27
Russian rouble weakens after central bank withdraws support
MOSCOW, Dec 27 (Reuters) - The Russian rouble weakened against the U.S. dollar on Friday after the central bank announced it will withdraw some support for the currency in the first working week of 2025 after the New Year's break. The rouble RUB= was down 0.5% at 100.50 against the dollar by 08...
Reuters
Fri, Dec 27
Meet the Newest Stock in the Nasdaq-100. It's Soared 110,600% Since Its IPO and It's Still a Buy Heading Into 2025, According to Wall Street.
The Nasdaq Composite is one of the closely watched stock market indexes in the U.S. The wide-ranging tech-focused index tracks the performance of roughly 3,000 stocks listed on the exchange. The Nasdaq-100 is a subsection of that index, tracking the performance of approximately 100 of the largest no...
The Motley Fool
Fri, Dec 27
Japan's Nikkei settles at 5-month closing high on optimism for corporate growth
Updates with closing prices TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average ended at a five-month closing high on Friday, as investors bet on corporate growth in the coming year, with recent automakers' news lifting sentiment. The Nikkei .N225 jumped 1.8% to 40,821.16, its highest close si...
Reuters
Fri, Dec 27
LIVE MARKETS-Europe before the bell: futures tick up at end of holiday-disrupted week
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comEUROPE BEFORE THE BELL: FUTURES TICK UP AT END OF HOLIDAY-DISRUPTED WEEKEuropean equity futures are modestly higher in early Friday tra...
Reuters
Fri, Dec 27
BUZZ-Delivery Hero slumps as Taiwan halts Foodpanda deal
** Shares in German online takeaway food company Deliver Hero DHER.DE fall nearly 14% in early Frankfurt trade after Taiwan Fair Trade Commission (TFTC) blocked DHER's sale of Foodpanda business in the country to Uber UBER.N, arguing it would decrease competition** Uber announced earlier this year t...
Reuters
Fri, Dec 27
GLOBAL MARKETS-Asian stocks meander, yen at 5-month low in thin year-end trading
Asian stocks drift, with Nikkei rising on weak yenYen wallows at five-month lows, set for 10% fall in 2024Fresh warnings from Japanese authorities nudge a bit higherMoves muted due to thin year-end trading Updates to mid-Asian afternoonBy Ankur Banerjee SINGAPORE, Dec 27 (Reuters) - Asian stocks
USD/JPY
Reuters
Fri, Dec 27
BREAKINGVIEWS-Buyout barons will find ways to douse fire sale
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Liam Proud LONDON, Dec 27 (Reuters Breakingviews) - If necessity is the mother of invention, fans of financial engineering have a treat in store from private equity titans in 2025. The buyout industry has been...
Reuters
Fri, Dec 27
Why XRP Is Sinking Today
The XRP (CRYPTO: XRP) cryptocurrency is falling in today's trading. The crypto token price was down 6.6% over the last 24 hours of trading as of 6:15 p.m. ET. Meanwhile, Bitcoin was down 4%, and Ethereum was down 5.3%.
Bitcoin
XRP
The Motley Fool
Fri, Dec 27
JinkoSolar Announces Results of 2024 Annual General Meeting
SHANGRAO, China, Dec. 27, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that all shareholders resolutions proposed at the Company's 202...
PR Newswire
Fri, Dec 27
Japan's Nikkei hits two-week high, Toyota rises for third day
TOKYO, Dec 27 (Reuters) - Japan's Nikkei share average rose to a two-week high on Friday as a weak yen lifted exporters, with Toyota Motor gaining for a third straight session.The Nikkei .N225 had risen 1.28% to 40,074.56, crossing the 40,000 level for the first time since Dec. 12.The broader Topix ...
Reuters
Fri, Dec 27
GLOBAL MARKETS-Asian stocks drift, yen at 5-month low in thin year-end trading
Asian stocks meander, with Nikkei rising on weak yenYen wallows at five-month lows, set for 10% fall in 2024Moves muted due to thin year-end trading By Ankur Banerjee SINGAPORE, Dec 27 (Reuters) - Asian stocks wobbled on Friday while the dollar was steady, keeping the yen rooted near five-month l...
Reuters
Fri, Dec 27
PRECIOUS-Gold set for weekly gain; focus on incoming Trump administration, Fed's 2025 path
Dec 27 (Reuters) - Gold prices were trading flat on Friday, but were set for a weekly rise, as markets awaited signals on the U.S. economy under the incoming Donald Trump administration and the Federal Reserve's interest rate strategy for 2025.FUNDAMENTALS* Spot gold XAU= was flat at $2,632.79 per o...
Reuters
Fri, Dec 27
Why Altcoins Were Tumbling on Thursday
A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.It almost seemed as if none could really escape this trend. Closely watched utility coin Cardano (CRYPTO: ADA) and tok...
The Motley Fool
Fri, Dec 27
BUZZ-Australia's Liontown long way from Albemarle offer in 2024 amid lithium price crunch
** Shares of Australia's Liontown Resources LTR.AX set to lose over 65% in 2024 ** A gradually shrinking underlying lithium price and a drop in cash reserves have dragged LTR's stock price to A$0.56** Shares currently trading at an over 80% discount to Albemarle Corp ALB.N, a once LTR suitor who had...
Reuters
Fri, Dec 27
Wedbush lifts Apple price target by $25 banking on AI-driven growth
Wedbush raised its price target on Apple Inc (NASDAQ:AAPL) to $325 from $300 banking on transformative AI-driven iPhone upgrade cycle poised to fuel growth into 2025. The brokerage maintained its "outperform" rating, projecting Apple’s market cap to cross the $4 trillion mark.
Investing.com
Fri, Dec 27
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