FINANCE
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The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., March 3, 2020.Andrew Kelly/Reuters The S&P 500 will plunge 32% in 2025 as a recession finally hits the US economy, BCA Research predicts. The firm said the Fed will fail to prevent a recession as it takes its time cutting…
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Stock Market Today: Dow Jones Futures Rise, Jobs Report Looms; Tesla, Nvidia In Focus
Dow Jones futures edged higher Thursday afternoon while S&P 500 futures and Nasdaq 100 futures fell slightly. U.S. stock markets are closed for the Fourth of July holiday. The jobs report looms early Friday. ↑ X NOW PLAYING Nasdaq, S&P 500 Hit Highs; ASML, Tencent Music, Agnico-Eagle Mines In Focus The S&P 500 and Nasdaq hit record highs in Wednesday’s…
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Why NextEra Energy Partners Plunged Today
Shares of NextEra Energy Partners (NYSE: NEP) fell on Monday, down 8.7% in today’s trading. The master limited partnership (MLP) focused on buying and holding renewable energy projects from parent utility NextEra Energy (NYSE: NEE) was down after a Wall Street analyst downgraded the stock and lowered his price target. Why? A potential cut to the company’s 13.8% dividend could…
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Elon Musk Just Gave Super Micro Computer and Dell Investors a Reason to Cheer
One of the biggest themes in the markets for the last two years has been artificial intelligence (AI). Naturally, famed entrepreneur Elon Musk has found himself at the center of the AI revolution — and he just gave investors a big reason to seriously consider both Dell Technologies (NYSE: DELL) and Super Micro Computer (NASDAQ: SMCI). Let’s explore how Musk…
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Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture
Rivian (RIVN) shares are surging in extended hours after the EV maker announced a joint venture deal with Volkswagen (VWAGY), crucially bringing fresh capital into Rivian’s coffers. Irving, Calif.-based Rivian’s shares were up over 40% in after-hours trading. Volkswagen announced it intends to work with Rivian to create “next generation software-defined vehicle (SDV) architectures” to be used in both companies’…
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Cathie Wood Says Software Is the Next Big AI Opportunity — 2 Super Stocks You’ll Wish You’d Bought Today if She’s Right
Ark Investment Management operates eight exchange-traded funds (ETFs) that invest primarily in innovative technology stocks. Last year, Ark CEO Cathie Wood said software companies will be the next big opportunity in artificial intelligence (AI), predicting they could generate $8 in revenue for every $1 spent on chips from suppliers like Nvidia. Ark’s ETFs reflect that stance. Tesla stock is the…
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What The Housing Market Could Look Like If Donald Trump Wins The 2024 Presidential Election
What The Housing Market Could Look Like If Donald Trump Wins The 2024 Presidential Election According to experts and recent data, Donald Trump’s potential reelection could reshape the U.S. housing market amid soaring mortgage rates and escalating home prices. The current state of the housing market, characterized by two-decade high borrowing costs and record home prices, is straining affordability for…
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Stocks are in a sweet spot but bears still fear a bubble is near bursting. Here’s what 5 forecasters are saying about a potential crash.
bunhill/Getty Images Stocks have been on a tear but there are still bears sounding alarms of a bubble about to pop. Bearish forecasters predict a crash as lofty valuations come back down to earth. S ome big-name investors say stocks are flashing a number of warnings that a sharp pullback is near. Stocks just keep climbing in 2024, but the…
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Elon Musk wins Tesla shareholder battle to keep his record-breaking pay
Tesla (TSLA) shareholders re-approved Elon Musk’s record-breaking pay pact and signed off on a new Texas incorporation, a show of support for the CEO as he fights legal battles on multiple fronts. “Hot damn I love you guys,” Musk said after the votes were tabulated, while speaking at the company’s annual shareholder meeting in Austin, Texas. The company did not…
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Nvidia stock rises after 10-for-1 stock split
Nvidia stock (NVDA) began trading Monday on a new 10-for-1 split basis, revising the shares’ Friday closing price of $1,208.88 to $120.88. The stock closed up nearly 1% in its first day following the split. The split means that owners of Nvidia common stock held as of the close of market on Thursday received 10 shares for each one share…
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