• March 18, 2025

BofA Survey Shows Biggest-Ever Drop in US Stock Allocations

(Bloomberg) -- Investors have slashed holdings of US equities by the most on record, according to Bank of America Corp.’s latest survey, underscoring the massive rotation that’s underway in global markets.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal Funds

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• March 18, 2025

XPeng sees better-than-expected quarterly revenue on new markets, cheaper SUVs

XPeng forecast first-quarter revenue of 15 billion yuan to 15.7 billion yuan, the midpoint of which is above analysts' average estimate of 14.86 billion yuan, according to data compiled by LSEG. Earlier this month, XPeng revealed its refreshed G6 and G9 SUVs at prices lower than their previous models. The new G6 starts at 176,800 yuan ($24,402), 11.6% lower than its predecessor, while the starting price of the G9 is 5.7% lower at 248,800 yuan, XPeng Chairman He Xiaopeng said at a press conference.

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• March 18, 2025

Scott Bessent says he’s not worried about the stock market’s ‘healthy correction,’ insisting the Trump administration is only trying to avoid an even bigger financial crisis

The stock market saw its first correction since 2023 last week.

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• March 18, 2025

Intel’s new CEO stands to reap more than $400 million—but he’ll have to triple the stock price and personally spend $25 million to get it

If Intel CEO Lip-Bu Tan can grow the stock price the way company hopes, Intel’s market cap would swell from $104 billion to $312 billion, an analysis found.

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• March 18, 2025

Wall Street lower with Fed meeting, Trump-Putin call in focus

Wall Street's main indexes fell on Tuesday as markets awaited the Fed's outlook on monetary policy and developments related to U.S. President Donald Trump's call with his Russian counterpart Vladimir Putin on ways to end the three-year war in Ukraine. The Federal Reserve's two-day rate-setting meeting kicks off on Tuesday, and expectations are that the central bank will keep interest rates steady, according to data compiled by LSEG. Trump's tariff measures have sparked a trade tussle with major U.S. trading partners, prompting swift retaliatory actions.

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• March 18, 2025

Intel Stock Rises Further as Tan Takes Helm of Chipmaker

Shares of Intel, Monday's biggest Nasdaq gainer, are extending their increases in premarket trading as CEO Lip-Bu Tan begins his role at the helm of the struggling chipmaker.

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• March 18, 2025

After 2-day rally, Wall Street strategists say stock sell-off has 'further to go' as Fed, tariff deadlines loom

Wall Street strategists don't believe there's been a clear catalyst for investors to flip bullish again after the S&P 500's recent slump.

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• March 18, 2025

Best money market account rates today: March 18, 2025 (earn up to 4.50% APY)

Money market account interest rates today are still well above historical norms. Find out where to get the best money market account rates now.

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• March 18, 2025

Hiltzik: Most of what you've heard about the stock market's gyrations is wrong, probably

The stock market has plunged rapidly this year, but it was already looking overheated.

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• March 18, 2025

Pasadena-based Tetra Tech's stock falls after Trump's USAID cuts

The Pasadena-based company, which provides consulting and engineering services, was awarded multibillion-dollar USAID contracts last year, but the Trump administration has been slashing foreign aid.

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