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Hedge fund legend Ray Dalio warns that the market's biggest stocks, like Amazon and Nvidia, are "so expensive" and could be hit hard if interest rates continue to rise.
Published on: January 24, 2025, 05:02 PM UTC
The Federal Reserve is expected to hold interest rates steady at Wednesday's meeting, as inflation remains high and the labor market robust.
Published on: January 24, 2025, 05:01 PM UTC
Trump White House's Stargate AI project faces scrutiny over funding, job promises. Elon Musk, critics raise concerns about feasibility and impact on communities.
Published on: January 24, 2025, 05:00 PM UTC
U.S. stocks were little changed midday, after the S&P 500 set a record high on earnings optimism. American Express shares fell despite beating profit estimates, while Verizon Communications rose following better-than-expected results.
Published on: January 24, 2025, 05:00 PM UTC
Venture Global's IPO valuation setback signals cautious recovery for new offerings. Despite strong market sentiment, investors demand realistic valuations and scrutinize deals amid market risks.
Published on: January 24, 2025, 05:00 PM UTC
The Trump administration has withdrawn a proposed ban on menthol cigarettes and flavored cigars, a move that has been met with disappointment by public health advocates who have been pushing for such a ban for over a decade.
Published on: January 24, 2025, 04:07 PM UTC
Gold surged close to a record high as the US dollar weakened after President Trump signaled a less aggressive approach to China. The precious metal is up almost 3% this week on haven demand amid uncertainty over the global economic outlook.
Published on: January 24, 2025, 04:07 PM UTC
Apple shares have had a rough start to 2025, slumping 11% and flirting with the 200-day moving average, a key technical level. If breached, it could signal more downside ahead. Apple's performance is its worst start to a year since 2008.
Published on: January 24, 2025, 04:06 PM UTC
Venture Global LNG shares may debut on NYSE up to 6% above IPO price, valuing the LNG exporter at up to $64 billion.
Published on: January 24, 2025, 04:06 PM UTC
US consumer sentiment declined in January for the first time in six months due to unemployment concerns and inflationary pressures stemming from potential tariffs.
Published on: January 24, 2025, 04:06 PM UTC