US stocks have looked sluggish at times over the past several weeks as rising rates and debate over whether the Federal Reserve will cut interest rates in 2025 sent the S&P 500 (^GSPC) to its lowest levels since the election. But a better-than-expected inflation reading on Wednesday helped US markets perk up, and Bank of…
While the Dow Jones Industrial Average (^DJI) closes lower for its ninth consecutive session, the Nasdaq Composite (^IXIC) continues to float around its all-time record high above 20,100. Yahoo Finance markets and data editor Jared Blikre joins Asking for a Trend to lay out the biggest market themes of today’s trading session, including Bank of…
Investors are growing increasingly bullish as the stock market rally rolls on to end 2024. In Bank of America’s December Global Fund Manager Survey, 36% of respondents said they’re overweight US equities, the highest level seen in the survey’s history. This large shift into US stocks came alongside a record-low allocation to cash and a…
Warren Buffett is among the greatest investors of all time. His company, Berkshire Hathaway, has returned around 20 percent annually since Buffett took over in the 1960s, trouncing the S&P 500’s annual return over that time period. In 2024, Buffett has sold shares in some longtime holdings, such as Apple and Bank of America. The…
Advanced Micro Devices (AMD) slips by nearly 6% on Monday after Bank of America analysts downgraded their rating on the stock from Buy to Neutral, also cutting the price target to $155 per share. Market Domination’s Julie Hyman and Josh Lipton check out the analyst commentary on the chipmaker as it faces stiffer competition from…
Shares of Advanced Micro Devices (AMD, Financial) dipped 4% on Monday after Bank of America downgraded Advanced Micro Devices from Buy to Neutral, citing headwinds in the PC sector into 2025 and challenges in the AI accelerator market. In addition, AMD’s price target was cut to $155 from $180, and the firm’s 2025 and 2026…
Advanced Micro Devices (NASDAQ:AMD) just got a reality check from Bank of America. The firm downgraded the chipmaker from Buy to Neutral, slashed the price target from $180 to $155, and trimmed its 2025 earnings forecast by up to 8%. Why? Two words: fierce competition. NVIDIA (NASDAQ:NVDA) dominates the AI accelerator market with an 80%+…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Wall Street’s 2025 stock market forecasts are coming in, and two calls in particular stand out on our leaderboard. In a sea of satisfying round numbers with lots of zeros, we have a…
Photo: Johannes Eisele (Getty Images) In This Story Warren Buffett’s Berkshire Hathaway (BRK.A-0.11%) acquired a stake in Domino’s Pizza in the third quarter, even after dumping millions of dollars worth of Apple (AAPL+1.42%) and Bank of America (BAC+0.08%) to grow its cash pile. How AI found an audience for a John Stamos Super Bowl commercial…
The roaring rally in US stocks lost steam on Tuesday, with futures hitting pause as investors assessed whether buying has been overdone and what Donald Trump’s cabinet picks mean for policy. Dow Jones Industrial Average futures (YM=F) nudged 0.1% lower, while S&P 500 futures (ES=F) shed roughly 0.2% after both gauges closed above key milestones….