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The tech-laden "Magnificent Seven" stocks, including Meta, Amazon, Google, Apple, Nvidia, Microsoft, and Tesla, have underperformed expectations. A Trivariate Research analyst recommends reducing exposure due to concerns about high capital expenditures, elevated valuations, and over-ownership.
Published on: February 12, 2025, 01:03 PM UTC
Hedge fund billionaire Ken Griffin warns that aggressive trade talk from the Trump administration is a "huge mistake." Griffin says the uncertainty and chaos created by the tariff dynamics between the US and its allies is an impediment to growth, making it difficult for multinationals to plan for the future. Griffin's comments are notable because of his standing on Wall Street and within GOP circles as a big donor to Republican political campaigns.
Published on: February 12, 2025, 01:03 PM UTC
US stocks ended mixed on Tuesday as investors weighed tariffs and upcoming inflation data. The Dow Jones rose 0.3%, while the S&P 500 closed flat. The tech-heavy Nasdaq Composite dipped 0.4%. Traders also digested Federal Chair Jerome Powell's testimony in Congress, which indicated no rush to adjust interest rates. Inflation remains persistent, with the Consumer Price Index (CPI) reading due Wednesday.
Published on: February 12, 2025, 01:03 PM UTC
January's Consumer Price Index (CPI) report, due out Wednesday, is expected to show a slight deceleration in inflation. However, core inflation, which excludes volatile food and energy prices, is expected to remain elevated. Economists expect the Fed to keep interest rates unchanged for now, but the impact of President Trump's trade policies on inflation remains a wild card.
Published on: February 12, 2025, 01:02 PM UTC
Super Micro (SMCI) stock soars premarket after earnings update, Nasdaq delisting deadline extension
Published on: February 12, 2025, 01:02 PM UTC
US stock futures mixed as investors await key inflation data; Trump's tariff overhaul weighs
Published on: February 12, 2025, 01:02 PM UTC
Healthcare rebounds in 2025, offering a hedge against tech weakness. Experts cite its growth prospects, value characteristics, and contrarian sentiment as reasons for its resurgence.
Published on: February 12, 2025, 01:02 PM UTC
Tesla stock has plummeted 33% since hitting a record high on Dec. 18, 2024, due to concerns about sales, Trump's policies, and overvaluation.
Published on: February 12, 2025, 01:01 PM UTC
Ukraine's vast mineral wealth, including graphite, presents an opportunity for American investors, but significant profits will be a long-term endeavor due to war and underinvestment.
Published on: February 12, 2025, 01:01 PM UTC
Lithia Motors (NYSE:LAD) reports better-than-expected Q4 revenue of $9.22 billion, with sales up 20.2% YoY. Its non-GAAP EPS of $7.79 per share beat estimates by 8.2%. Find out if now is the time to buy LAD in our full research report.
Published on: February 12, 2025, 01:00 PM UTC