Trump’s first actions and job data to test market in January

Trump’s first actions and job data to test market in January

By Laura Matthews NEW YORK (Reuters) -After closing the books on a banner year for U.S. stocks, investors expect to ride seasonal momentum into mid-January when a slew of economic data and a transition of power in Washington could send markets moving. The S&P 500 rose roughly 25% in 2024 through Dec. 27, while the … Read more

Here’s a list of the market’s most speculative stocks

Here’s a list of the market’s most speculative stocks

Here’s a screen of so-called lottery stocks. – Getty Images Hope you got all the presents you wanted during the festive season. If not, there are always lottery stocks. That is, highly speculative stocks that can go either boom or bust. But how do you find these companies? A research paper from authors including Alok … Read more

5 Things to Know Before the Stock Market Opens

5 Things to Know Before the Stock Market Opens

Kevin Carter / Contributor / Getty Images Stock futures are edging lower in pre-market trading; Netflix (NFLX) said its Christmas Day NFL broadcast set viewership records; Apple (AAPL) shares are edging higher as the iPhone maker’s market capitalization nears $4 trillion; UnitedHealth Group (UNH) and Amedisys (AMED) agreed to extend the deadline on their $3.3 billion … Read more

Rand Poised for Rebound as Options Market Turns More Bullish

Rand Poised for Rebound as Options Market Turns More Bullish

(Bloomberg) — Positioning in the options market suggests South Africa’s rand is poised for a rebound that may be as steep as its rapid decline in December. Most Read from Bloomberg The rand is on track for its worst December performance since 2015, and its biggest quarterly decline in more than two years. That came … Read more

Buybacks Surge in Brazil as High Rates Drain Stock Market

Buybacks Surge in Brazil as High Rates Drain Stock Market

(Bloomberg) — Brazilian companies are buying back stocks at the fastest pace in almost two decades as higher interest rates sink the outlook for equities in Latin America’s largest economy. Most Read from Bloomberg Companies listed in the benchmark Ibovespa index announced at least 54 stock buybacks this year, almost double the amount seen in … Read more

Dow, S&P, Nasdaq slide on Big Tech losses, but weekly gains hold

Dow, S&P, Nasdaq slide on Big Tech losses, but weekly gains hold

US stocks closed the holiday week on a downbeat note as Wall Street slogged to the finish of a largely triumphant year. The S&P 500 (^GSPC) lost 1.1%, while the tech-heavy Nasdaq Composite (^IXIC) shed 1.5% Friday at the close. The Dow Jones Industrial Average (^DJI) gave up 0.8%. Meanwhile, the 10-year Treasury yield (^TNX) … Read more

Wall Street’s top analyst calls

Wall Street’s top analyst calls

ServiceTitan initiated, Viracta downgraded: Wall Street’s top analyst calls The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors need to know, as compiled by The Fly. Top Rating Changes: Baird initiated coverage of ServiceTitan (TTAN) with an Outperform rating and … Read more

The AI stock trade is starting to shift beyond the ‘Magnificent 7’

The AI stock trade is starting to shift beyond the ‘Magnificent 7’

Investor enthusiasm surrounding artificial intelligence has once again driven the “Magnificent Seven” tech stocks to another banner year, with Tesla (TSLA), Meta (META), Amazon (AMZN), Alphabet (GOOG, GOOGL), and Apple (AAPL) stocks all recently hitting record highs while Nvidia (NVDA) shares boast a more than 175% gain this year. Next year, investors expect the hype … Read more