A red-hot stock market still has "room to run," but that doesn't make it the best place to put your money right now, according to the co-chief investment officer of the world’s largest hedge fund.
The S&P 500 slipped 0.3% on Tuesday, Nov. 12, the benchmark index's first negative trading day since last week's election.
Applied Materials is slated to report earnings after the market closes Thursday, with analysts leaning bullish ahead of the results.
(Bloomberg) -- Canada’s stocks benchmark closed at a fresh record Tuesday thanks to gains in the country’s largest tech stock, but narrowly missed a key psychological threshold of 25,000 points.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe S&P/TSX Composite Index gained as much as 1% to briefly
In a bold projection that's sure to grab attention, veteran Wall Street strategist Ed Yardeni is calling for the S&P 500 index to soar to 10,000 by the end of the decade due to a “Trump 2.0” boost after Donald Trump's recent election victory. Yardeni, a longtime market analyst, said Tuesday that Trump's return to the White House — alongside a likely Republican-controlled Congress — will bring in a major regime shift that's positive for U.S. stocks, the economy and corporate profits. Why Yardeni
Nvidia shares rose Tuesday after analysts at Mizuho raised their price target for the company’s stock ahead of its third-quarter results due Nov. 20.
(Bloomberg) -- Shares of Sea Ltd. jumped the most in more than a year-and-a-half after its e-commerce business reported its first profit on adjusted basis, a sign it’s holding its own against bigger Chinese rivals in Southeast Asian markets like Indonesia.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views
On Tuesday, Novavax Inc (NASDAQ:NVAX) reported third-quarter 2024 sales of $84.5 million, compared to $186.99 million a year, beating the consensus of $65.78 million. Product sales of $38 million for the third quarter of 2024 were primarily related to U.S. market commercial sales. Licensing, royalties, and other revenue of $46 million in the third quarter of 2024 related to a combination of activities under the Sanofi Agreement and adjuvant sales. In September, the FDA granted Emergency Use Auth
Wall Street is preparing for higher bonuses for the first time since 2021, with underwriters and traders getting the biggest pay boosts for 2024 performance.
