Much of the European semiconductor industry may be “circumspect” on the outlook for 2025, but Bernstein sees good entry spots within the sector to play in the year ahead. “While continued strong China demand has driven [wafer fab equipment] to grow an estimated 10% in 2024, our latest outlook expects a flat-ish 2025 and a return to growth (+8%) only in 2026,” the investment bank’s analysts wrote in a Dec. 18 note. WFE is the equipment used to make semiconductor wafers for integrated circuits. Here are two of Bernstein’s top stock picks for the theme. BE Semiconductors BE Semiconductor Industries…
Author: usaeverydaylife
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Manonallard | E+ | Getty ImagesMany Americans are capping off the holidays with new debt balances.This season, 36% of American consumers took on holiday debt, according to a new survey from LendingTree.Those who racked up balances this season took on an average of $1,181 in debt, up from $1,028 in 2023. However, that is still down from $1,549 in 2022, LendingTree found.Less than half — 44% — of the people who took on debt expected to acquire those balances, a sign that this holiday season is still financially challenging for many people, according to Matt Schulz, chief credit analyst at…
Train loaded with coal ready to leave a coal mine belonging to China Energy Investment Corporation on Jan. 14, 2023 in Ejin Horo Banner, Ordos City, Inner Mongolia Autonomous Region of China.Wang Zheng | Visual China Group | Getty ImagesAsia-Pacific markets are set to open higher on Friday, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.Australia’s S&P/ASX 200 traded 0.49% higher as trading resumed after Christmas and Boxing Day holidays.Japan’s Nikkei 225 futures pointed to a stronger open for the market, with the futures contract in Chicago at…
CNBC guest trader Julie Biel shares her 2025 small cap picks. Source link
A Christmas tree stands in front of the New York Stock Exchange (NYSE), on the day U.S. President-elect Donald Trump is expected to ring the opening bell at NYSE to celebrate being named Time magazine’s ‘Person of the Year’, in New York City, New York, U.S., December 12, 2024. Adam Gray | ReutersStock futures hovered near the flatline Thursday night as investors look to end the holiday-shortened week on a strong note.Futures tied to the Dow Jones Industrial Average shed 11 points, hovering just below flat. S&P 500 futures and Nasdaq 100 futures each dipped less than 0.1%.These moves follow thin…
Thirty-five years ago, new Atlanta Falcon Deion Sanders arrived in Suwanee, Ga., with a carefully crafted reputation.During his college career at Florida State, he had driven to a game in a white stretch limo and stepped out wearing a tuxedo. Sanders was known for strutting into end zones in a way hardly anyone else dared do at the time. He told media members that Florida receivers “must think I’m God.”“He was known for his flashy suits and alligator shoes, gold chains and his signature diamond-studded dollar sign, maybe a silk pork pie hat,” Falcons teammate Tim Green wrote in an…
Fmr. Time Warner CEO Richard Parson dies at age 76. Source link
Richard ‘Dick’ ParsonsDaniel Acker | Bloomberg | Getty ImagesRichard Parsons, who helped Time Warner divorce from AOL after what was considered one of the worst takeovers in history, has died. He was 76.His death was confirmed by Lazard, where he was a longtime board member.Parsons became CEO of AOL Time Warner in 2002, replacing Gerald Levin, who stepped aside two years after the media giant’s disastrous $165 billion merger with the upstart internet company.As CEO and later chairman, he led Time Warner’s turnaround, dropping “AOL” from the corporation’s name and shrinking the company’s $30 billion in debt to $16.8 billion…
Asking an Olympic and world champion to name her favorite race is akin to asking her to choose her favorite child.There is little doubt, though, that the seven races that make up cross-country skiing’s Tour de Ski rate very high on Jessie Diggins’ list of triumphs.Diggins, the defending overall world champion, is in Italy to defend her title in the Tour de Ski beginning Saturday. The seven-stage race — think cycling’s Tour de France, but on skis — is one of the sport’s ultimate tests. It is a daily journey into the pain cave unlike anything else skiers experience during…
