Markets are muted in their reaction to the weekend strikes on Iranian nuclear facilities by US bombers, but a top bank is eyeing one scenario that would produce a massive spike in oil prices. Analysts with JPMorgan’s global commodities research team said markets are pricing in a 21% chance that the conflict between Israel and…
Donald Trump’s tariff onslaught appears to have finally driven a wedge between him and Elon Musk. The world’s richest person has been one of Trump’s biggest cheerleaders — but when it comes to the tariffs that have shaken global markets, Musk has made it clear he’s not a fan. The Tesla CEO spent the weekend…
Things could be turning around for the mega-cap Magnificent Seven stocks, and a reversal of their recent downtrend bodes well for US stocks as a whole. The group of high-flying tech names — Meta, Microsoft, Nvidia, Apple, Alphabet, Amazon, and Tesla — has had a brutal start to the year, with Meta the only member…
Aging baby boomers could hold the key to a $1 trillion opportunity in the stock market, Mizuho says. Americans over the age of 75 are expected to make up 10% of the population by 2030, analysts said. Spending by the cohort, meanwhile, is expected to grow by over $1 trillion in the next five years….
By STAN CHOE AP Business Writer Wall Street rallies to its best day in months, but that’s not enough to salvage its losing week Updated: 4:17 PM EDT Mar 14, 2025 OTHER POLICIES MADE BY PRESIDENT DONALD TRUMP HAVE CAUSED SOME UNCERTAINTY AND FEAR FOR THE STOCK MARKET. SO HERE TO TALK ABOUT IT IS…
Big Tech firms like Nvidia, Apple, and Microsoft lead in shareholder value creation. Stocks with a wide economic moat can be a good long-term investment. But only Microsoft, Alphabet, and UnitedHealth Group are rated undervalued by Morningstar. Past performance does not guarantee future success; it’s a line frequently used for investing advice. That’s because stocks…
DeepSeek’s AI model integration into Weixin boosted Tencent’s stock on Monday. Gaming giant Tencent’s gains came after outsized gains in Alibaba and Baidu shares last week. Chinese tech stocks have rallied hard recently on the back of the hype in DeepSeek’s cost-effective AI model. Chinese artificial intelligence startup DeepSeek keeps setting the country’s tech stocks…
Wounded Russian troops are being sent to North Korean medical facilities, per a Russian official. Moscow’s ambassador to Pyongyang, Alexander Matsegora, said the deal involved “hundreds” of troops. War analysts said it could give North Korea an opportunity to learn even more from the Ukraine war. Russia is sending soldiers who were wounded in the…
NEW YORK — U.S. stocks slumped Friday as worries flared again on Wall Street about tariffs and inflation. The Standard & Poor’s 500 fell 0.9% and erased what had been a modest gain for the week. It’s one of the worse drops for the index so far this year, but it remains near its record set two…
NEW YORK — Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher Thursday after a rush of profit reports from some of the country’s most influential companies. The Standard & Poor’s 500 rose 0.5%, as 4 in 5 stocks in the index climbed. The Dow Jones industrial average added 0.4%, and the Nasdaq composite gained…