The stock market is off to a solid start to 2025 with the S & P 500 hitting a fresh record on Wednesday, but investor surveys suggest there’s plenty of skepticism out there. That may mean the rally has plenty of fuel left. The latest weekly survey from the American Association of Individual Investors showed that just 25.4% of respondents expected stocks to rise over the next six month. On the other hand, 40.6% predicted stocks would decline over that period, for a negative gap of more than 15 percentage points. By contrast, the historical averages for the survey are…
Author: usaeverydaylife
Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share of $4.27 on revenue of $10.25 billion. Analysts polled by LSEG forecast $4.20 per share and $10.11 billion in revenue. The company also announced plans to raise prices for both its advertising supported and premium subscriptions. Johnson & Johnson — Shares fell more than 2% after the pharmaceutical maker’s sales forecast for this year was lower than analyst estimates. J & J edged past fourth-quarter…
We have an exceptional opportunity to invest in Nvidia (NVDA) after President Donald Trump’s announcement of the Stargate project, a major initiative aimed at advancing AI technology. NVDA, with its cutting-edge GPU technology, stands at the forefront of AI, machine learning, and high-performance computing, making it a prime candidate to leverage this project. As the initiative seeks to enhance national security, healthcare, and economic competitiveness through AI, NVDA’s expertise in these areas positions it for substantial growth. If we look at the chart of NVDA, it has traded within a range of $130 and $150 since October and is primed…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were up Wednesday, on the brink of all-time highs with investors upbeat about the White House’s announcement of a large artificial intelligence infrastructure project that sent tech stocks rallying. In a joint venture called The Stargate Project, tech powerhouses Oracle and OpenAI along with Japanese investment firm Softbank are teaming up to invest up to $500 billion to build data centers to power AI technology in the U.S. That pushed Club stocks Microsoft…
Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024.Massimo Pinca | ReutersDETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump during a dayslong trip to Washington D.C. before Trump’s Monday inauguration.The plans, as outlined in an internal message Wednesday to U.S. employees, included creating 1,500 jobs and reopening a plant in Illinois to build a new midsize pickup truck in 2027; building a new version of the…
Yemen’s Houthi rebels said on Wednesday that they would free the crew of a commercial vessel, the Galaxy Leader, that they hijacked 14 months ago as part of their campaign of attacks in the Red Sea to support Hamas in its war against Israel.The decision is consistent with an announcement made on Sunday by the rebel group, which is backed by Iran, to scale back its attacks, given a cease-fire in the conflict in Gaza that went into effect over the weekend.The Houthis took the Galaxy Leader to the Yemeni port of Al-Hudaydah and since then have held its crew…
The surprise Stargate project announcement at the White House on Monday creates new opportunities for artificial intelligence-related stocks — and some other companies too, according to Wall Street analysts. The joint venture among Softbank , Oracle and OpenAI pledged to invest up to $500 billion in the U.S. ‘s AI infrastructure, with $100 billion of that immediately available. So far, 10 data centers are currently under construction in the U.S., with plans to build a total of 20. Technology partners named so far in the deal also include Nvidia , Microsoft and Oracle . The deal appears to “rely heavily”…
The logo of OpenAI is shown on a mobile phone in front of a computer screen displaying the photographs of Sam Altman, left, and Elon Musk, March 14, 2024.Muhammed Selim Korkutata | Anadolu | Getty ImagesElon Musk claimed overnight Tuesday that tech giants OpenAI, Oracle and Softbank don’t have enough money to fulfill their high-profile pledge to invest $500 billion in U.S. AI infrastructure.The Tesla and SpaceX CEO made the comment just hours after President Donald Trump unveiled the massive project at the White House on his first full day in office.”They don’t actually have the money,” Musk wrote in…
Russian President Vladimir Putin (L) looks at U.S. President Donald Trump during the welcoming ceremony prior to the G20 Summit’s Plenary Meeting on November 30, 2018 in Buenos Aires, Argentina. Mikhail Svetlov | Getty ImagesPresident Donald Trump on Wednesday threatened to impose “high levels” of sanctions on Russia and tariffs on imports from there if the country did not reach a settlement to end its war against Ukraine.Trump’s warning, made in a social media post on his third day as president, called out Russian President Vladimir Putin by name. “If we don’t make a ‘deal,’ and soon, I have no other…
JPMorgan Chase CEO Jamie Dimon on Wednesday said that he and tech billionaire Elon Musk have smoothed over their previously contentious relationship.”Elon and I hugged it out,” Dimon told CNBC in a TV interview at the World Economic Forum’s annual event in Davos, Switzerland. “He came to one of our conferences, [and] he and I had a nice, long chat. We settled some of our differences.”Dimon praised Musk’s various companies, including Tesla, space exploration firm SpaceX and Neuralink — a startup seeking to develop brain-computer interface systems.”The guy is our Einstein,” the JPMorgan chief said. “I’d like to be helpful…
