Feb 5 – Following its Q4 2024 earnings report, which consists of mixed results, Advanced Micro Devices (AMD, Financial) shares witnessed a more than 9% decline in its premarket trading on Wednesday. AMD recorded $7.66 billion in total revenue with $1.09 in adjusted EPS for Q4 2024, while its data center segment brought in $3.86…
Worries about President Donald Trump’s tariffs are hurting U.S. stocks Monday as financial markets worldwide drop on concerns about a potential trade war.The S&P 500 was down 1.4% in early trading following similar losses for stock markets across Asia and Europe. The Dow Jones Industrial Average was down 435 points, or 1%, as of 9:35…
America’s new tariffs on Chinese imports could trigger domestic inflation in the United States, potentially prolonging Hong Kong’s high interest rate environment and putting pressure on locally based businesses, the city’s finance chief warned on Sunday. Financial Secretary Paul Chan Mo-po also said city authorities were considering adjusting a HK$2 (26 US cents) concessionary fare…
America’s new tariffs on Chinese imports could trigger domestic inflation in the United States, potentially prolonging Hong Kong’s high interest rate environment and putting pressure on locally based businesses, the city’s finance chief has warned. Financial Secretary Paul Chan Mo-po also said on Sunday that city authorities were considering adjusting a HK$2 (26 US cents)…
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought.The S&P 500 fell 2.9%, just shy of its biggest loss for the year from the summer, to pull further from its…
In a week marked by mixed performances in global markets, major U.S. stock indexes like the S&P 500 and Nasdaq Composite reached record highs, driven largely by growth stocks, while value-oriented sectors such as energy and utilities lagged behind. Amidst this backdrop of economic data releases and geopolitical developments, investors continue to seek stable income…
Crude oil prices extended their gains today and were set to end the week higher after Russia shot a new kind of ballistic missile at Ukraine in the latest sign that the escalation there continues. The strike, featuring a hypersonic medium-range missile that has not been used before in warfare, came in response to a…
In today’s installment of Wealth, Brad Smith tackles the biggest personal finance topics ahead of Tuesday’s presidential election. The show welcomes Haywood Wealth Management president and co-founder Justin Haywood to discuss how investors should interpret market volatility connected to the 2024 election and the Federal Reserve’s interest rate decision this week. Romer Debbas managing partner…
Buckle up. That’s the message from Wall Street pros as investors brace for a close 2024 presidential election. So far this year, the S&P 500 (^GSPC) has rallied 20%, making 2024 the best Election Year through October since 1936. But that outperformance could be at risk, at least in the immediate term, as the too-close-to-call…