Federal Reserve Chair Jerome Powell delivered a quarter-point interest rate cut with a hawkish tone last Wednesday, causing stocks to tumble. However, the markets staged an impressive recovery on Friday, with the Dow Jones Industrial Average closing nearly 500 points higher. If this upward momentum continues, there could be plenty of opportunities to participate in the so-called Santa rally — especially in the chip sector. Nvidia (NVDA) , a key driver of the tech and semiconductor sectors, is beginning to attract buying interest, which could signal broader strength for the entire semiconductor space. One stock that stands out in this…
Author: usaeverydaylife
Shares of video game publisher Electronic Arts have seen tumultuous times as of late, losing ground for the 11th straight session on Monday. This means the stock now has fully retraced its impressive breakout from late September. It may seem like a long time ago, but that breakout actually produced an eight-day winning streak. The 180-degree turn over the past few weeks has made EA net-flat over the past three months. Thus, the real test now is about to happen. As is clear on the chart, there has been no indication that EA wants to reverse higher yet. The silver lining…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailSquawk on the StreetCNBC’s Leslie Josephs joins ‘Squawk on the Street’ to discuss American Airlines ground stop this morning.03:4927 minutes ago Source link
Pep Guardiola’s list of symptoms is long and unsettling. He has trouble sleeping. He can only take light meals in the evening. On some days, he does not eat at all. He finds it difficult to read because his mind keeps wandering. He feels, at times, intensely lonely. Things can get so bad that they begin to take on a physical form: bouts of back pain, breakouts on his skin. They are not isolated to moments like the one in which the Manchester City manager finds himself trapped, when his team are locked in a tailspin he has spent the better…
It is no secret that tech has been responsible for most of the market’s gains this year. But that tech trade may not look the same in 2025 as favorites such as AppLovin and Netflix could actually take a hit. Investors piled money into the tech sector for the second straight year in 2024, particularly into the semiconductor industry and projected artificial intelligence beneficiaries. The Nasdaq-100 index, which measures the performance of 100 of the largest Nasdaq-listed nonfinancial companies, is up roughly 29% this year, surpassing the S & P 500’s 26% advance. The tech-heavy index’s constituents include Apple , Nvidia…
Sports stars, celebrities, and even cryptocurrency all have rookie cards… but does Santa Claus? It’s a question you may ask yourself after consuming a little too much nutmeg. And since the season of giving is officially here, I want to spread some holiday cheer by highlighting Christmas-themed trading cards, which is a bigger niche than you may realize.So let’s dive into a fun corner of the trading card world, one dominated by the GOAT of gift giving himself: Old St. Nick.A brief history of Santa Claus trading cards An 1891 Woolson Spice card. (Photo: eBay)There isn’t a concrete origin story…
For investors looking for exposure to technology and other growth-focused names in the new year, CNBC Pro has some ideas. Tech is on track for another banner year, with the Nasdaq Composite tracking for a gain of more than 31%. Additionally, communication services and information technology sectors have led the S & P 500 higher in 2024, further underscoring the role of this group in driving up the market. Given this environment, CNBC Pro screened for tech stocks that can lead in the year ahead. To find these, CNBC Pro searched for names in the concentrated Nasdaq 100 that met…
If you ask Nandan Nilekani, the key to being successful in today’s ever-changing job landscape is simpler than you think.Nilekani co-founded Infosys, an information technology (IT) and consulting firm, in 1981, serving as CEO from 2002 to 2007 before creating Aadhaar, the world’s largest biometric identification system, in 2009. His contributions to the tech landscape helped him reach billionaire status, with a current net worth of $3.6 billion, according to Forbes.As tech and AI changes workflows, and anxiety around the future of work looms, Nilekani says people should focus on building the soft skills that artificial intelligence can’t replicate.”Be curious,…
CNBC’s Andrew Ross Sorkin reports on the latest news. Source link
Doximity at the New York Stock Exchange for their IPO, June 24, 2021.Source: NYSEIf the Covid era marked a boom time for digital health companies, 2024 was the reckoning.In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 public digital health companies analyzed by CNBC, roughly two-thirds are down for the year. Others are now out of business.There were some breakout stars, like Hims & Hers Health, which was buoyed by the success of its popular new weight loss offering and its position in the GLP-1…
