Tech stocks are getting slammed because economic data sparked jump in bond yields
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.
Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald’s Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to offer more flexibility to mix and match menu items, along with other perks.
“We lost our dad 12 years ago and have been caring for our 82-year-old mom, who still lives independently.”
Retirees may hold back when they think they’re draining their savings instead of spending an income.
Nvidia shares had run up in advance of the event, but CEO Jensen Huang didn’t mention Rubin, the company’s next chip family.
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in the U.S. on data centers.
With yields on the 30-year Treasury bond at their highest level in a year, the so-called Magnificent Seven group’s outstanding bonds are offering juicy returns to start the new year and may be a smart investment for someone with the right time frame.
President-elect Donald Trump is inheriting low unemployment after several years of strong postpandemic hiring, but he’s also confronting a weakening labor market in which fewer jobs are available and fewer companies are adding workers.
‘We’re going to work with President Trump to push back on governments around the world that are going after American companies and pushing to censor more,’ said Meta CEO Mark Zuckerberg
UBS’s Erika Najarian upgrades Bank of America to buy from neutral
An analyst says Apple’s stock price bakes in only good news, but he sees more than 20% downside as negative developments pile up.
The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.
Tesla Inc.’s stock slipped 0.9% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and energy storage, but not enough of the execution risk.
Huang’s hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost twice as high as when he first took office as president eight years ago.
An Alliance Global Partners analyst sees opportunities for big consumer packaged goods or alcohol companies to wade into the pot space.
Driverless trucks are expected to start hauling freight on Interstate 45 between the Dallas and Houston areas with 20 driverless trucks in the near term
Be worried when timers are stubbornly bullish after a big downturn.
It had seemed like nothing could stop the U.S. dollar from marching higher. Then a headline about President-elect Donald Trump’s tariff plans landed in traders’ newsfeeds, and suddenly all bets were off.
Inflation, which appears to be settling at about 2.5% annually, could jump to 4.5%.