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CACI stock falls 9.1% on concerns about government cost-cutting initiatives. The Dept of Government Efficiency (DOGE) aims to reduce government spending, potentially impacting defense contractors like CACI.
Published on: January 23, 2025, 07:04 PM UTC
Argentina Cuts Soy, Corn Crop Estimates on Drought, Heat
Published on: January 23, 2025, 07:04 PM UTC
Emerging market junk bond rally sparks appetite for defaulted Venezuela, Lebanon debt
Published on: January 23, 2025, 07:04 PM UTC
US stocks mixed on Thursday as investors await Trump's Davos speech, S&P 500 near record high
Published on: January 23, 2025, 07:03 PM UTC
Chip stocks tumbled Thursday after an Nvidia supplier raised concerns over semiconductor demand. SK Hynix, a maker of memory chips for Nvidia's GPUs, said the outlook for 2025 is "clouded by inventory adjustments" and geopolitical risks. The comments dragged down Nvidia, Arm, and Micron, while AMD and Broadcom also declined.
Published on: January 23, 2025, 07:02 PM UTC
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Despite the White House's bullish stance on crypto, retail investors are urged to brace for volatility. NYU professor Nouriel Roubini warns of the pitfalls of meme coins, while Anthony Scaramucci criticizes Trump-themed cryptos as "gambling tokens" that enrich insiders. Roubini predicts a potential crypto bubble and advises caution, acknowledging positive innovations in financial technology. Yahoo Finance's Brian Sozzi discusses the latest crypto news and market implications.
Published on: January 23, 2025, 07:02 PM UTC
Mortgage rates finally dip below 7% for the first time in six weeks. Will they stay low? Financial expert Claire Boston breaks down what you need to know about the housing market.
Published on: January 23, 2025, 07:02 PM UTC
Trump reverses Biden-era effort to offer $2 generic drugs to Medicare patients
Published on: January 23, 2025, 07:01 PM UTC
Emerging markets at risk of 'sudden stop' as Trump boosts US economy
Published on: January 23, 2025, 07:00 PM UTC
Stock markets head towards record highs as oil prices fall after President Trump's statements on cutting crude prices and interest rates.
Published on: January 23, 2025, 07:00 PM UTC