Sign In
News Digest /
Alex Vellor
Author: Alex Vellor
04:47am, Tuesday, Dec 31, 2024
Gold is set for its best year since 2010, driven by rate cuts and global tensions, currently priced at $2,614.23/oz. Gold's 26% rise this year reflects strong demand. Traders should monitor U.S. economic data and central bank signals moving into 2025.
08:50am, Monday, Dec 30, 2024
Tesla Q4 2024 delivery forecast: 510K units (+5% YoY), energy storage at 9.1 GWh (+32%). Investors eye 2025 targets and AI updates during earnings.
08:05am, Monday, Dec 30, 2024
Treasury yields drop slightly, with the 10-year at 4.591%. Investors watch home sales, PMI data, and Fed signals for insight into 2025’s economy.
06:44am, Monday, Dec 30, 2024
Nissan Motor Co. (OTC: NSANY) faces a 13% stock drop amid partnership talks with Honda (NYSE: HMC), raising investor concerns over unfavorable terms and share ratios. Following a robust 60% increase since December, Nissan's decline reflects market anxiety.
06:07am, Monday, Dec 30, 2024
Bitcoin fell to $93,869, down 1.6% from last week's high. Despite a 120% year-to-date gain, a strong U.S. dollar and lower liquidity pressure the crypto market. Altcoins also dropped, with XRP down 5%. Traders should watch economic indicators for future strategies.
08:29am, Monday, Dec 23, 2024
Investors eye the Santa Claus rally as Nasdaq 100 welcomes MicroStrategy, Palantir, and Axon. Congress averts shutdown, stabilizing markets.
07:31am, Monday, Dec 23, 2024
UBS forecasts a 25 bps Federal Reserve rate cut in June and September, after a recent cut that brings rates to 4.25%-4.5%. The Fed's hawkish outlook could impact stocks and the U.S. dollar, while UBS predicts EUR/USD at 1.10 by late 2025.
07:18am, Monday, Dec 23, 2024
Novo Nordisk (NVO) surges 8% after Friday's plunge; European markets rise as the trading week kicks off ahead of the Christmas holidays.
06:49am, Monday, Dec 23, 2024
Honda and Nissan plan to merge by 2026, aiming to compete against rising Chinese EV manufacturers and strengthen their position in the auto industry. This strategic move could create the third-largest automotive group globally, boosting sales and market presence.
05:20am, Monday, Dec 23, 2024
This week, key companies reporting earnings include Grupo Aval (AVAL) on December 23, followed by Polestar (PSNY) on December 26, and several Eaton Vance Funds (EXG, ETG, EVT) later in the week. Investors are eagerly awaiting insights into their performances.
07:44am, Friday, Dec 20, 2024
Friday Markets: stock futures fall, Bitcoin plummets, and oil prices sink as the Fed's hawkish stance on rate cuts rattles investors ahead of the PCE inflation report.
07:21am, Friday, Dec 20, 2024
FedEx (FDX) is separating its freight business, driving a 7% stock surge. Analysts predict it could unlock $20B in value as holiday shipping picks up.
06:53am, Friday, Dec 20, 2024
Tesla (NASDAQ: TSLA) recalls 694,304 vehicles due to a tire pressure monitoring system issue, affecting models like the Model 3 and Cybertruck. The fix is a simple over-the-air update, highlighting Tesla's innovative approach to safety amid record recalls. Traders should watch for market impacts.
04:30am, Friday, Dec 20, 2024
Starbucks (NASDAQ: SBUX) faces a potential five-day strike by baristas in major cities, raising concerns about operations during the holiday shopping season. Ongoing labor disputes over wages and staffing may escalate, prompting traders to monitor the situation closely.
07:55am, Thursday, Dec 19, 2024
CarMax Inc. (NYSE: KMX) shares rose 4.4% in premarket trading after reporting Q3 earnings of $0.81 per share, beating estimates. Revenue grew 1.2% to $6.22 billion, driven by increased vehicle sales and stable profit margins, signaling positive momentum for investors.
