European Stocks Recover to Close at Record After AI-Fueled Shock
  • January 28, 2025

European Stocks Recover to Close at Record After AI-Fueled Shock

(Bloomberg) -- European stocks closed at a record high as they got a boost from a slate of upbeat corporate earnings, after concerns around technology valuations fueled global volatility in Monday’s session.Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggenheim CEO for LA RebuildingVienna Embraces Hea

Fed’s Balance-Sheet Plans Mystify Wall Street as Officials Meet
  • January 28, 2025

Fed’s Balance-Sheet Plans Mystify Wall Street as Officials Meet

(Bloomberg) -- Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?Most Read from BloombergTrump's Federal Funding Pause Threatens State Financials Texas HOA Charged With Discrimination for Banning Section 8 RentersBudapest Mayor Aims to Block Orban’s Plans to Build ‘Mini Dubai’Newsom Enlists Magic Johnson, Guggen

Super Micro Computer stock is getting a fresh look from analysts
  • January 28, 2025

Super Micro Computer stock is getting a fresh look from analysts

This story incorporates reporting fromForbes, TheStreet on MSN.com and Insider Monkey on MSN.com.Analysts have revisited the stock price target for Super Micro Computer, a leader in AI servers within the computer hardware sector. The company experienced a volatile stock performance throughout 2024, driven by fluctuations in the AI market. Recent financial performances in the second half of 2024, including third and fourth-quarter earnings as well as preliminary first-quarter reports from Novembe

Boeing stock rallies 6% on plane progress after $11.8-billion annual loss
  • January 28, 2025

Boeing stock rallies 6% on plane progress after $11.8-billion annual loss

(Reuters) -Boeing said on Tuesday it was making progress on increasing plane production, and its shares jumped 6%, despite the company recording its biggest annual loss in four years. The $11-8-billion loss, due to problems at its major units, along with fallout from a crippling strike, demonstrates the challenges facing CEO Kelly Ortberg in turning around the U.S. planemaker. Chief Financial Officer Brian West told analysts the planemaker had delivered 33 of its strongest-selling 737 jets so far in January.

Stock market today: Wall Street steadies itself a day after a sell-off for Nvidia and tech stocks
  • January 28, 2025

Stock market today: Wall Street steadies itself a day after a sell-off for Nvidia and tech stocks

Nvidia and other U.S. tech stocks are holding a bit steadier Tuesday, a day after tumbling on doubts about whether the artificial-intelligence frenzy really needs all the dollars being poured into it. The S&P 500 was 0.3% higher in morning trading. The spotlight remains on Nvidia, whose chips are powering much of the move into AI and whose stock has become a symbol of the surrounding frenzy.

S&P 500 choppy as megacap gains counter broader weakness
  • January 28, 2025

S&P 500 choppy as megacap gains counter broader weakness

The S&P 500 swung between gains and losses on Tuesday as advancing megacap stocks including Apple helped arrest declines even as a mixed bag of corporate earnings fueled volatility. At 10:02 a.m. ET, the Dow Jones Industrial Average rose 3.93 points, or 0.01%, to 44,717.51, the S&P 500 gained 6.97 points, or 0.12%, to 6,019.42 and the Nasdaq Composite gained 105.38 points, or 0.54%, to 19,447.21. Nine of the 11 S&P 500 sectors were in the red, with utilities and industrials leading declines.