Gold’s 27% advance stands out in mixed year for metals markets

Gold’s 27% advance stands out in mixed year for metals markets

(Bloomberg) — Gold (GC=F) is heading for one of its biggest annual gains this century, with a 27% advance that’s been fueled by US monetary easing, sustained geopolitical risks, and a wave of purchases by central banks. Most Read from Bloomberg While bullion has ticked lower since Donald Trump’s sweeping victory in November’s US presidential … Read more

World shares retreat as 2024 trading draws to a close

World shares retreat as 2024 trading draws to a close

Global shares retreated Monday in thin trading as the year was drawing to a close without the euphoria that pushed many world markets to record highs in 2024. Tokyo’s benchmark Nikkei 225 index ended 1% lower, at 39,894.54. The last trading session of the year ended on a somber note with the Japan Exchange Group’s … Read more

China’s top stock of 2024 eyes boost from AI self-reliance

China’s top stock of 2024 eyes boost from AI self-reliance

(Bloomberg) — China’s top-performing stock of 2024 is expected to see additional tailwinds into next year from the nation’s drive for greater self-sufficiency in artificial intelligence. Most Read from Bloomberg Shares of AI chip designer Cambricon Technologies Corp. (688256.SS) have climbed 383% this year, topping the benchmark CSI 300 Index (930748.SS) and driving its market … Read more

S&P 500’s 2024 Rally Shocked Forecasters Expecting It to Fizzle

S&P 500’s 2024 Rally Shocked Forecasters Expecting It to Fizzle

(Bloomberg) — By this time last year, the stock market’s rally had blown past even the most optimistic targets and Wall Street forecasters were convinced it couldn’t keep up the dizzying pace. Most Read from Bloomberg So as strategists at Bank of America Corp., Deutsche Bank AG, Goldman Sachs Group Inc. and other big firms … Read more

Why does Wall Street think Netflix stock will plunge 10%?

Why does Wall Street think Netflix stock will plunge 10%?

The holiday season is a time for deep reflection. And for me this year, that has meant reflecting on some of my favorite stocks and leaders to follow. Netflix (NFLX) has come to the forefront of my mind as the year winds down, in part after seeing Beyoncé ride out on a majestic white horse … Read more

Veteran fund manager reveals startling AI stocks forecast for 2025

Veteran fund manager reveals startling AI stocks forecast for 2025

How do you talk about 2024 without mentioning artificial intelligence? This was the year that AI came roaring into the collective consciousness and promised to thoroughly rework just about everything human beings do. Related: Veteran fund manager issues dire S&P 500 warning for 2025 In 2024, shares of Nvidia  (NVDA)  nearly tripled (up 183%). The AI-chip … Read more