Posts with tag: adventure
Stocks rebounded Monday, led by technology, as investors shrugged off concerns over inflation and US tariff threats. The Nasdaq 100 surged over 1%, while the S&P 500 and Dow Jones Industrial Average also gained. The dollar strengthened and gold hit a record high. Keep an eye on inflation data and Fed Chair Jerome Powell's testimony this week.
Published on: February 10, 2025, 09:01 PM UTC
Activist hedge fund Elliott Management takes stake in BP, sending shares surging 8%. Known for pushing for change, Elliott could seek to split BP's oil and gas unit and alter management.
Published on: February 10, 2025, 07:00 PM UTC
US stocks climbed Monday, expecting a rebound from sharp losses as steelmakers rallied after President Donald Trump said he would impose new tariffs on steel and aluminum imports.
Published on: February 10, 2025, 05:02 PM UTC
Leading economists caution against potential stagflation shock from a full-scale US trade war as markets hover near record highs.
Published on: February 10, 2025, 05:02 PM UTC
Rivian opens orders for commercial vans beyond Amazon, a potentially lucrative move for the EV maker. The vans come in two sizes, starting at $79,900. The commercial delivery van business is expected to nearly double over the next decade, with the electrified sector projected to reach $50 billion. Rivian joins Ford and Mercedes in seeing the e-commerce logistics market as significant for van offerings.
Published on: February 10, 2025, 05:00 PM UTC
**Meta Description:** Despite the looming threat of tariffs, the stock market continues to trade near record highs. Experts believe this is due to the market betting that tariffs will be short-lived or less impactful than feared. However, analysts warn that tariffs could significantly impact earnings, potentially leading to a downward revision in stock prices. Nevertheless, the long-term outlook for the stock market remains favorable, as earnings are expected to continue growing due to strong consumer demand and business investment. The key is to monitor economic data closely and be prepared for any potential risks or uncertainties.
Published on: February 10, 2025, 04:03 PM UTC
Nvidia's stock is down 1% this year, lagging the major US indexes. Analysts cite concerns about DeepSeek, Amazon's AI chip partnership, and custom chip delays as reasons for the weakness. Despite these concerns, analysts remain bullish on Nvidia, citing its strong software ecosystem and leadership in AI.
Published on: February 10, 2025, 04:02 PM UTC
Gold surges past $2,900 boosted by tariff threats and bullish analyst outlook. Central banks' buying and geopolitical concerns drive demand for the safe-haven asset. Wall Street analysts remain optimistic with upside risk to $3,000 target.
Published on: February 10, 2025, 04:00 PM UTC
Trade tensions between the US and other countries are rising as President Trump announces new tariffs on steel and aluminum, and threatens reciprocal tariffs on other goods. The uncertainty is causing concern for importers, CEOs, and foreign leaders, as the full impact of these measures is still unclear.
Published on: February 10, 2025, 03:01 PM UTC
US stocks climbed on Monday as steel and aluminum companies jumped on the trade news. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite all rose.
Published on: February 10, 2025, 03:01 PM UTC