Good MorningEquity markets rose on Thursday, led by the Dow Jones Industrial Average, as investors rotated into the broader economy. The move was sparked by a week of tepid economic data and Fedspeak pointing to additional monetary policy easing. Easing policy headwinds will make it cheaper for businesses to invest and grow, which catalyzes stock prices. The biggest Dow gainer was Salesforce, a tech stock exposed to companies and industries across sectors.
Market leader NVIDIA is also responsible for some of Thursday's action. The AI powerhouse reported another quarter of stunning results, sparking intraday volatility that eventually led to higher prices at the close. The stock advanced by more than 1% at the close, showing support at a critical moving average and a high likelihood of moving higher over the next few weeks. Analysts are lifting their targets for the stock price and see it advancing about 35% over the next 12 months. Featured: Blackrock’s Sending THIS Crypto Higher on Purpose (Crypto 101 Media) 
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Most of the stock market’s attention has been directed to cryptocurrency, the hottest and most popular niche of the technology sector today. The idea behind most decisions is that, as the price of Bitcoin keeps rallying near an all-time high of $100,000 per coin, most—if not all—... Read the Full Story |
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Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatilit... Read the Full Story |
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Markets | | | Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20.Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled at what they saw... Read the Full Story |
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Tesla Inc. (NASDAQ: TSLA) stock has been up 56.2% since Donald Trump was elected president of the United States. But the recent move of 6.6% the week of November 18, 2024, has investors thinking that the stock may be going to $400 or even higher.
News broke that the Trump administration i... Read the Full Story |
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Markets | | | Indian billionaire Gautam Adani, one of Asia’s richest men, may be facing his biggest challenge yet with an indictment by U.S. prosecutors for alleged fraud and bribery. But it’s unclear just how the case will affect his businesses and own future — as well as the Indian economy and government. On Fr... Read the Full Story |
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From Our PartnersJuan Villaverde called the top and bottom of every crypto bull market since 2012.
He believes Bitcoin will go to $150,000 — or more.
But there’s one coin he thinks could go even higher. | | | | This could be his favorite coin. |
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Markets | | | Stocks closed higher on Wall Street as the market posted its fifth straight gain and the Dow Jones Industrial Average notched another record high.The S&P 500 rose 0.3%. The benchmark index’s 1.7% gain for the week erased most of its loss from last week.The Dow rose 1% as it nudged past its most ... Read the Full Story |
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Netflix (NASDAQ: NFLX) recently jumped into the ring of live sports broadcasting with the Mike Tyson vs. Jake Paul boxing match. This new offering from Netflix marks a significant shift from its established on-demand content model. While the event drew record-breaking viewership, it also exposed... Read the Full Story |
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Snowflake (NYSE: SNOW) shares wallowed near long-term lows for years as concerns about slowing growth and financial health weighed on sentiment, but the times have changed. The Q3 results reveal persistent strength, swelling client counts, and depending penetration of services, revealing its indus... Read the Full Story |
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Markets | | | Indigenous leaders from the Wampis Nation in Peru are urging lawmakers at the House of Commons in London to ban international banks’ support for Amazon oil activities they say harm their ancestral rainforests Read the Full Story |
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Markets | | | Elevated mortgage rates, rising home prices and other U.S. housing market trends that have kept many would-be homebuyers on the sidelines are likely to remain hurdles next year, driving solid demand for single-family rental houses, analysts say Read the Full Story |
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Friday's Early Bird Stock Of The Day Oscar Health, Inc. operates as a health insurance in the United States. The company offers health plans in individual and small group markets, as well as +Oscar, a technology driven platform that help providers and payors directly enable their shift to value-based care. It also provides reinsurance products. The company was formerly known as Mulberry Health Inc. and changed its name to Oscar Health, Inc. in January 2021. Oscar Health, Inc. was incorporated in 2012 and is headquartered in New York, New York. | | View Today's Stock Pick |
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