Tag: Rally
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AOC Puts Her Own Spin on Bernie Sanders’s Pitch at Las Vegas Rally
Read Latest News Even as Senator Bernie Sanders of Vermont has fired up the American left over the past decade, his speeches have the flavor of a sociology lesson. He rarely makes himself the main character. Which is why it is striking how differently the young leader often seen as his successor, Representative Alexandria Ocasio-Cortez…
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Buy this language app stock that’s set to rally more than 30%, JMP says
Read Latest News Duolingo looks set to tap into a potential global user base in the billions, according to JMP. The investment firm upgraded the language education stock to a market outperform rating from market perform. Analyst Andrew Boone accompanied the move by establishing a $400 price target. Shares of Duolingo have surged 36% over…
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This crypto stock can rally thanks to Trump’s support for industry, Bernstein says
Read Latest News Coinbase is primed for strong returns ahead, according to Bernstein. The firm initiated the cryptocurrency exchange with an outperform rating, setting a price target of $310. This is roughly 64% above where shares of Coinbase closed on Monday. Coinbase has struggled this year, losing 24% as momentum following the U.S. election faded.…
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Shares of Japan’s largest trading houses rally as Buffett hikes stake
Read Latest News Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Shares of the largest Japanese trading houses rallied on Tuesday after Warren Buffet’s Berkshire Hathaway raised its stakes in them overnight. The 94-year-old investor’s holding company raised its…
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The stock market is trying to build on Friday’s rally. Morgan Stanley doesn’t trust it
Read Latest News Wall Street is trying to grind out a second straight positive session on Monday, but even a modest gain won’t be enough to win over Morgan Stanley. Strategist Michael Wilson said in a note to clients Monday that the 5,500 level on the S & P 500 should create a “tradable rally”…
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After such a relentless market correction, the relief rally faces a high burden of proof
Read Latest News It felt better, but did it mean anything? Friday’s zippy 2.1% bounce in the S & P 500 , at minimum, interrupted one of the more relentless retrenchments from a record high Wall Street had seen. The index took a mere three weeks and a day to fall just over 10% from…
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JPMorgan upgrades this bitcoin miner, says shares can rally 70%
Read Latest News Iren has been hit too hard this year, and it’s time to buy it, according to JPMorgan. Analyst Reginald Smith upgraded the bitcoin miner to overweight from neutral. He trimmed his price target to $12 from $15, though the new forecast still signals 70% upside ahead. The stock has plunged 28.3% in…
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Tony Hinchcliffe, the Trump Rally Comedian, Lands a Netflix Deal
Read Latest News The stand-up comedian Tony Hinchcliffe has landed a deal at Netflix months after angering people with his insults about Latinos and other minority groups at a New York rally when Donald J. Trump was running for president. The deal for three comedy specials under Hinchcliffe’s “Kill Tony” brand is part of an…
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Buy Tesla on the dip as shares can rally more than 90%, says Morgan Stanley’s Jonas
Read Latest News Investors should snap up Tesla shares in the midst of the electric vehicle maker’s stock rout, according to Morgan Stanley. Analyst Adam Jonas reiterated his overweight rating and top-pick designation on the stock. Jonas’ price target of $430 implies shares can rebound 93.6% over the next year from Monday’s closing level. “We…
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Stand Up for Science Rally Sees Mix of Science, Politics and Anxiety
Read Latest News In Washington, many protesters declined to share their names publicly, for similar reasons. One woman, who wore a surgical mask and a long, white lab coat with the words “Mad Scientist” on the back in red lettering, described herself only as a federally funded researcher “who’s trying to keep things moving forward…
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DoorDash and Williams-Sonoma to join S&P 500; shares rally
Read Latest News Shares of DoorDash, Williams-Sonoma, Expand Energy, and TKO Group rose in extended trade on Friday after an announcement they would join the S&P 500. The four companies will join Wall Street’s most widely followed stock benchmark before the start of trading on Monday, March 24, S&P Dow Jones Indices said in a news release.…
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Tesla gets an upgrade to buy at TD Cowen, which says the stock can rally more than 45%
Read Latest News Despite Tesla ‘s volatility, the stock remains one of the best ways to play trends across the electric vehicle market, according to TD Cowen. The firm upgraded the stock to buy from hold. Its price target of $388 per share implies around 47.3% upside potential from Thursday’s close. And while shares trade at…
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Here’s why Uber could rally 31% in the next year, Girard CIO says
Read Latest News Shares of Uber have already surged 27% to start off the year, but Girard Advisory Services’ Timothy Chubb believes there’s more upside ahead for the ride-sharing stock. The firm’s chief investment officer joined CNBC’s ” Power Lunch ” on Wednesday to share his take on the name, along with a pair of…
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This under-the-radar autonomous driving play can rally 65%, says Morgan Stanley
Read Latest News A release coming from Aurora Innovation next month could catapult the stock higher, according to Morgan Stanley. The bank initiated the self-driving vehicle stock at an overweight rating and $12 price target. This implies a roughly 65% upside from Aurora’s Friday closing price of $7.27. Shares of Aurora have surged nearly 190%…
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Why Workday and Lowe’s shares could soon rally, one strategist says
Read Latest News Investors can find buying opportunities in Workday and Lowe’s after their encouraging financial results, according to Miller Tabak chief market strategist Matt Maley. Maley appeared on CNBC’s “Power Lunch” on Wednesday to give his takes on some of the market’s biggest movers of the day. Here is what he said during “Three-Stock…
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Citi upgrades this telecom stock poised to rally more than 40%
Read Latest News A number of catalysts may send lagging Lumen Technologies shares higher in the months ahead, according to Citi. The firm upgraded the telecommunications stock to buy from neutral but decreased its price target to $6.50 from $8. The updated target still reflects 46.4% upside from Tuesday’s close. Earlier in February, the company…
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Bernstein upgrades Alibaba thanks to AI, calls for shares to rally more than 20%
Read Latest News Optimism around artificial intelligence could mean big gains in Alibaba shares, according to Bernstein. The firm upgraded the stock to outperform from market perform and hiked its price target by $61 to $165. That new target implies 23.1% upside potential as of Tuesday’s close. Shares of the Chinese e-commerce giant have soared…
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Buy this biopharmaceutical stock that can rally 25%, says RBC Capital Markets
Read Latest News Insmed’s bronchiectasis treatment in development offers an opportunity for investors, according to RBC Capital Markets. Analyst Leonid Timashev initiated coverage of the biopharmaceutical stock at an outperform rating. Timashev set a $100 price target, which suggests upside of 25% over where the stock finished Monday. “While shares have continued to do well…
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DeepSeek’s rise fuels rally in China’s markets while India’s allure diminishes
Read Latest News A Chinese national flag, left, and an Indian national flag are arranged for a photograph. Bloomberg | Bloomberg | Getty Images DeepSeek’s breakthrough in artificial intelligence has boosted investor sentiment around China stocks, with a gauge of the country’s onshore as well as offshore shares soaring over 26% since its January low.…
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China backs Trump on Ukraine at G20 as U.S. allies rally behind Zelenskyy
Read Latest News Wang Yi, China’s foreign minister, at the G20 meeting in South Africa on Feb. 20, 2025. Per-anders Pettersson | Getty Images News | Getty Images China came out in support of U.S. President Donald Trump’s bid to strike a deal with Russia to end the war in Ukraine, at a G20 meeting in…
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BMO downgrades SolarEdge, says rally is ‘overdone’ as earnings power remains limited
Read Latest News SolarEdge Technologies’ post-earnings rally is overdone and headwinds for the company have not gone away, according to BMO Capital Markets. Downgrading shares to underperform, analyst Ameet Thakkar said he is now “turning [the] page from short-term liquidity to longer-term earnings power” with his outlook on SolarEdge. He increased his price target by…
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Gold rally has more room to run as Trump uncertainty supercharges demand
Read Latest News Gold’s 2025 rally has further to run according to strategists, as factors including geopolitical volatility, continued central bank demand and perceptions of a shortage drive the precious metal higher. The spot gold price has been on a tear since late December, rising from $2,587.6 on Dec. 18 to $2,941.1 on Feb. 19,…
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CyberArk shares can rally more than 20% as identity security market evolves, BofA says
Read Latest News Bank of America sees more room for CyberArk shares to run. Analyst Madeline Brooks hiked her price target on the cybersecurity stock by $145 to $500. The updated target from Brooks, who has a buy rating, suggests shares can rally 22% from Tuesday’s close. With that increase, Brooks appears to be tied…
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Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks
Read Latest News European defense stocks continued their rally on Tuesday, as President Trump’s threats to reduce American military support to the continent and NATO raised the prospect that Europe’s governments will increase military spending. The flurry of trading helped push the Pan-European Stoxx 600 index to a record high; the Stoxx Europe Total Market…
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Jefferies upgrades Wynn Resorts, says casino giant can rally more than 30%
Read Latest News Jefferies thinks Wynn Resorts is well positioned to go higher thanks to its stable core business and development pipeline. Analyst David Katz upgraded the casino and resorts stock to buy from hold. He also increased his price target to $118 from $105, implying 33% upside potential from Friday’s close. Shares ticked slightly higher…
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Protesters Rally Against Deletion of ‘Transgender’ on Stonewall Website
Read Latest News A day after the National Park Service deleted the word “transgender” from prominent spots on its Stonewall National Monument website, hundreds of people rallied at the monument site on Friday to protest the move and what they feared might come next there. It was unclear whether federal officials planned to make physical…
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Coinbase revenue surges more than 130% driven by postelection crypto rally
Read Latest News In this photo illustration, a Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase Thursday reported better-than-expected fourth-quarter results and its biggest quarterly revenue in three years, strengthened by a raging postelection rally that pushed crypto prices to…
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IBM is a buy that’s poised to rally nearly 30%, Oppenheimer says
Read Latest News Oppenheimer thinks investors have not to fully appreciated International Business Machine ‘s new software product focus. The investment firm initiated shares of the technology titan at an outperform rating. Analyst Param Singh’s $320 price target represents about 28% upside from Monday’s close. Shares of IBM have surged 34% in the last 12…
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Amid Concern Over Trump Order, New Yorkers Rally to Support Trans Youth
Read Latest News Bells, drums and chants rang out Saturday afternoon in Union Square in Manhattan as thousands of New Yorkers gathered to protest an executive order from the Trump administration targeting transgender children and teens. The order, which threatens to withhold federal funding from hospitals that provide gender-affirming treatments to trans youth, has left…
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Meta, Dover rise to record highs after earnings, but Microsoft sits out the rally
Read Latest News Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The S & P 500 clung to moderate gains Thursday morning in a choppy week of trading after Chinese artificial intelligence startup DeepSeek rattled the red-hot…
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Buy this biotech stock that can rally more than 65%, Goldman says
Read Latest News Investors should snap up Vera Therapeutics after a recent retreat, Goldman Sachs suggested. Analyst Paul Choi initiated coverage of the biotechnology stock at a buy rating. Choi’s $58 price target reflects potential for the stock to rally 66.5% from Monday’s close. Choi said positive topline results from a Vera study won’t be…
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Barclays upgrades Victoria’s Secret, says retailer can rally more than 40%
Read Latest News Victoria’s Secret is once again a hot stock, according to Barclays. In a note titled “Bringing Sexy Back,” analyst Adrienne Yih upgraded shares of the women-focused retailer to overweight from equal weight. Yih also lifted her price target by $2 to $53, now suggesting 41.9% upside over Monday’s closing level. “While we…
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How the Buffalo Bills’ underdog story made them America’s team: ‘The people around us rally with it’
Read Latest News ORCHARD PARK, N.Y. — During the Buffalo Bills’ playoff drought, ESPN anchor Kevin Connors used to have a running joke on air. Connors, a lifelong Bills fan from Long Island, would refer to the Bills as America’s Team. It would elicit a laugh from his co-anchor, one baked in sympathy for Connors…
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The new AI rally is leaving Apple behind, at least for now
Read Latest News Apple ‘s stock appears to have missed out on the latest leg of the artificial intelligence craze. Time will tell if the company is truly falling behind or just preparing instead for the next stage of the technology cycle. Shares of Apple are headed for their fourth straight losing week and are…
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Trump celebrated in Washington at a rally laced with exaggerations and falsehoods.
Read Latest News President-elect Donald J. Trump delivered a boastful, campaign-style rally at a downtown Washington arena on the eve of his second inaugural, celebrating his election victory and vowing to advance his agenda in spite of what he called a “failed and corrupt political establishment” in the nation’s capital. The speech at Capital One…
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Trump draws thousands to Washington rally for a pre-inauguration victory lap
Read Latest News Supporters of U.S. President-elect Donald Trump gather outside Capital One Arena, for a rally a day before he is scheduled to be inaugurated for a second term, in Washington, D.C., on Jan. 19, 2025. Daniel Cole | Reuters Thousands of Donald Trump’s supporters waited for hours in the cold and rain to…
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Crytpo backers got the president they wanted. Here’s a bitcoin hedge in case the rally pauses
Read Latest News Crypto holders have massive expectations for bitcoin under the incoming Trump 2.0 administration. These huge hopes have nearly doubled the price of bitcoin since September. I want to lean on the old adage of “buy the rumor, sell the fact.” With BTC back above $100,000, I want to use options to implement…
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Elon Musk to speak at Trump’s inauguration weekend rally
Read Latest News Tesla CEO and X owner Elon Musk speaks as Republican presidential nominee and former U.S. president Donald Trump reacts during a rally at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | Reuters Elon Musk is among the opening speakers who will…
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AMD is a buy at these levels and can rally nearly 50%, Loop Capital says
Read Latest News Loop Capital thinks Advanced Micro Devices can rally from current levels and take advantage of Intel’s troubles and gain ground in the desktop and sever markets. Analyst Gary Mobley initiated coverage of the semiconductor company with a buy rating and $175 price target, which implies shares can jump 49.2%. Mobley pointed out…
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Jim Cramer explains why the Nasdaq failed to rally on Monday
Read Latest News CNBC’s Jim Cramer examined Monday’s market action, saying the tech-heavy Nasdaq Composite failed to rally largely due to a unique one-two punch: The U.S. government and billionaire Meta CEO Mark Zuckerberg. “The tag team of the government and Meta may have been too much for everyone,” he said. “At the end of…
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Trump inauguration schedule: MAGA rally, fireworks show
Read Latest News A member of the U.S. Army Herald Trumpets participates in a rehearsal for inauguration on the West Front of the U.S. Capitol on January 12, 2025 in Washington, DC. Kevin Dietsch | Getty Images Donald Trump‘s presidential transition team on Monday released a schedule of official parties, gatherings and other events that…
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Two Trump crypto trades are in conflict and could derail the bitcoin rally
Read Latest News Bitcoin investors could suffer a turbulent quarter, as two opposing Trump crypto trades come into conflict. The price of bitcoin is heading for its worst week since September after concerns about President-elect Trump’s tariff plans, plus the latest stronger-than-expected payroll numbers, caused a spike in bond yields, boosting the dollar while pressuring…
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The dollar keeps going higher. Investors are using these ETFs to get a piece of the rally
Read Latest News The recent surge in the U.S. dollar has lured some strategic investors back into two exchange traded funds designed to benefit from the greenback rising against key counterpart currencies. The new year is less than two weeks old, but the Invesco DB U.S. Dollar Index Bullish Fund (UUP) has already raked in…
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What snuffed out the market rally, and Cramer on Disney stock
Read Latest News Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. The S & P 500 opened higher Tuesday, looking to extend its winning streak to three sessions in a row. But then, at 10 a.m. ET, stronger…
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This software stock is ready to participate in the tech rally. How to play it with options
Read Latest News After a failed Santa Rally, markets appear to be staging a comeback. We have a packed schedule of macroeconomic data next week — including CPI, PPI, and the kickoff of earnings season—a ll this data can trigger significant volatility in the markets. However, there are encouraging signs that the deep pullback from…
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Tech stocks rally, Tencent, CATL
Read Latest News Workers are processing chips at a workshop of an optoelectronic technology company in Huai’an, China, on May 11, 2024. Costfoto | Nurphoto | Getty Images Japan’s Nikkei 225 was set to rebound after leading losses in Asia on Monday, with the futures contract in Chicago at 39,870 and its counterpart in Osaka…
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TD Cowen sets Street-high price target for American Airlines, says shares can rally more than 45%
Read Latest News American Airlines is moving past some headwinds, TD Cowen said. Analyst Tom Fitzgerald upgraded shares of the Texas-based carrier to buy from hold. Fitzgerald also increased his price target by $8 to $25, which suggests that the stock can soar 47.3% from Friday’s closing level. TD Cowen’s $25 price target appears to…
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Barclays upgrades Citigroup, says shares can rally more than 30%
Read Latest News Barclays moved off the sidelines on Citigroup, citing an “inflection point” for the company as the outlook improves for large-cap banks across the board. Analyst Jason Goldberg upgraded Citigroup to overweight from equal weight, putting him in the majority on Wall Street with a buy-equivalent rating, per LSEG. Goldberg also hiked his…
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‘Santa Claus rally’ fails to materialize. What it means going forward
Read Latest News Santa Claus did not come to town this year. At least, as far as Wall Street is concerned. Through Thursday’s close, the S & P 500 is down 1.8% during the so-called Santa Claus rally period — which runs across the last five trading days of one year and the first two…
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‘Santa Claus Rally’ indicator is failing as 2024 ends on sour note
Read Latest News Stocks are skipping the widely expected year-end rally — and that isn’t signaling the best start for the market heading into 2025. Investors were hoping to end the year off strong with a “Santa Claus” rally, which spans the five final trading days of a calendar year and the first two trading…
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Jeremy Siegel says market rally will take a pause in 2025 with chance of a 10% correction rising
Read Latest News The chances of a market correction are creeping up as the tech-led 2024 rally fades into year-end, according to Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School of Business. “I really think we’re going to take a pause this next year,” Siegel said Monday on CNBC’s ” Squawk on the…
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Three power stocks have soared on AI demand — the rally may just be starting
Read Latest News The power sector’s tremendous rally on demand for electricity from artificial intelligence may just be getting started, with three stocks in particular poised for more upside next year, according to analysts. Constellation Energy , Vistra Corp. and Talen Energy soared in 2024 as investors realized that the independent power producers had nuclear…
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Here are the 3 things behind the Friday stock market rally that almost wasn’t
Read Latest News Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market bounce: Stocks made a strong comeback from their initial premarket lows. There are three key developments behind Friday’s rally. You had a…
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A Santa Claus rally could come just in time next week to help stocks end the year on a high note
Read Latest News Investors will measure the response to this week’s selloff, which came at a time when markets are entering a strong seasonal period. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking about! ~ AliExpress’s Most-Loved Finds…
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Markets Rally, Shaking Off Government Shutdown Threat
Read Latest News The S&P 500 jumped after a November inflation reading helped ease worries that lately have loomed over the markets. A partial government shutdown, analysts said, wouldn’t have a lasting economic impact. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the…
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Tesla shares drop 5%, continuing to slide as post-election rally loses steam
Read Latest News Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla continued to slide on Friday, in what appeared to be a case of investors taking profits from the electric car maker’s blistering post-U.S. election rally. As…
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Fed decision is ‘last hurdle’ before Santa year-end rally: Bank of America
Read Latest News The stock market may be able to enjoy its typical year-end melt-up once Wednesday’s Federal Reserve decision is over, according to Bank of America. The central bank is widely expected to lower its benchmark interest rate by a quarter-percentage point on Wednesday. Gonzalo Asis, an equity-linked analyst at Bank of America, said…
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Cocoa prices rally to record high, prompting fresh volatility warnings
Read Latest News A general view of cocoa pods on a tree, in Ebebda, on November 30, 2024 . Cocoa is one of Cameroon’s key export products. Daniel Beloumou Olomo | Afp | Getty Images The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.…
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Morgan Stanley says buy this digital health stock poised to rally more than 50%
Read Latest News Growth in Hims & Hers Health is showing no signs of stopping, according to Morgan Stanley. Analyst Craig Hettenbach initiated the telehealth company with an overweight rating and $42 price target. That suggests 53.6% potential upside for the stock, which has already soared a whopping 251% this year on continued enthusiasm over…
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Nvidia falls deeper into correction territory as Broadcom rally continues
Read Latest News Jaque Silva | Nurphoto | Getty Images Nvidia shares fell in premarket trading on Tuesday, as Broadcom continued its rapid surge higher. Nvidia stock was down about 1.8% in premarket trading at 10:47 a.m. London time. On Monday, the company a entered correction territory — broadly defined as the point when a…
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XRP is the biggest winner of the Trump trade but investors are split on how far its rally can run
Read Latest News There’s been no bigger beneficiary of President-elect Trump’s pro-crypto promises than one of the oldest and most contentious names in crypto: the digital currency known as XRP . Since the election, the cryptocurrency has surged 370%, while bitcoin has climbed 46% and the broader crypto market, as measured by the CoinDesk 20…
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Analysts warn it may take years for the rally to fade
Read Latest News A coffee cup with a printed message from Salvadoran President Nayib Bukele’s X account is pictured at Franco’s Pupusa restaurant in San Salvador on July 17, 2024. Marvin Recinos | Afp | Getty Images A record-breaking rally for coffee prices shows no sign of slowing down, analysts say, with some warning it…
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Why a Santa Claus rally for small-cap stocks is looking shaky
Read Latest News We’re entering the tail end of the year, a historically strong period for small caps. But this year could be different. Wolfe Research strategist Rob Ginsberg pointed out that one-third of Russell 2000 stocks are flashing a sell signal in terms of the moving average convergence/divergence technical indicator. “The past few instances…
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KeyBanc upgrades Charter Communications, says stock can rally more than 30%
Read Latest News KeyBanc sees multiple reasons for optimism on Charter Communications . Analyst Brandon Nispel upgraded the broadband provider to overweight from sector weight. Nispel also gave shares a $500 price target, which implies 32.1% upside from Wednesday’s close. “CHTR is well off its lows, but we think the stock can continue to work…
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How Alphabet’s unexpected quantum rally pushed the Nasdaq to new highs
Read Latest News The Nasdaq Composite crossed a closely followed mark for the first time ever on Wednesday. Investors can thank Alphabet ‘s breakout on the back of a quantum announcement. The tech-heavy index eclipsed the 20,000 level , while the more-concentrated Nasdaq 100 also touched all-time highs. One of the best performers within tech…
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Apple rollout of new ChatGPT-powered Siri extends record stock rally
Read Latest News Apple has now launched its ChatGPT integration with Siri — an important move that could prompt people waiting on more artificial intelligence capabilities to finally update their iPhones. The news The added Apple Intelligence features — including the infusion of the OpenAI chatbot and new image-generating and editing tools — became available…
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Cryptocurrencies rally, with bitcoin retaking $100,000 after inflation data
Read Latest News The crypto market jumped Wednesday, following two days of digestion after bitcoin rallied to $100,000 for the first time ever last week. The price of the flagship cryptocurrency was last higher by 4.8% at $101,052.72, according to Coin Metrics. Ether also rose 4% but has not reclaimed its key resistance at $4,000.…
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Tom Lee who nailed 2024’s rally is out with his 2025 outlook. What he sees next
Read Latest News The stock market rally still has room to run, but 2025 will not be as rewarding to investors as the prior two years, according to Fundstrat’s Tom Lee. The strategist, who has gained a following in recent years for his timely market calls and general optimism about stocks, released his new outlook…
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Never mind the runaway rally. It’s time to take some chips off the table
Read Latest News It’s time to take profits, trim the sails, play with house money or prune your portfolio. Financial markets – the stock market and bitcoin – have had a spectacular run of late. The S & P 500 is up more than 27% in 2024, while the Nasdaq Composite has soared 31%. Bitcoin…
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Something odd is happening during this latest portion of the stock rally
Read Latest News It’s not all sunshine and rainbows when looking under the hood of this latest leg of the stock market rally. BTIG’s Jonathan Krinsky pointed out that, while the S & P 500 is trading 4% above its 50-day moving average, only about 60% of the benchmark’s components are above their respective short-term…
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What Fed Chief Powell said about crypto that may have aided bitcoin’s rally to $100k
Read Latest News Jerome Powell, chairman of the US Federal Reserve, during the New York Times DealBook Summit at Jazz at Lincoln Center in New York, US, on Wednesday, Dec. 4, 2024. Yuki Iwamura | Bloomberg | Getty Images Bitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve…
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Bitcoin tops $100,000 as monster 2024 rally reaches new heights
Read Latest News A neon sign indicates that Bitcoin is accepted inside the venue of the Paralelni Polis project, an organization combining art, social sciences and modern technology, in Prague, Czech Republic, on Friday, Jan. 5, 2024. Milan Jaros | Bloomberg | Getty Images The price of bitcoin soared past the long-awaited $100,000 benchmark for…
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France’s National Rally and the budget: What happens next?
Read Latest News President of Rassemblement National parliamentary group Marine Le Pen (L) speaks to French far-right Rassemblement National (National Rally) RN party’s President and lead MEP Jordan Bardella during the French far-right Rassemblement National (National Rally) RN party’s parliamentary seminar at the French National Assembly in Paris on September 14, 2024. Ludovic Marin |…
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China bonds rally with 10-year yield hitting a multi-decade low on rate cut expectations
Read Latest News China’s economy is widely expected to grow by more than 5% this year. Vcg | Visual China Group | Getty Images China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low, amid expectations that Beijing could expand its stimulus measures to…
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Rally in small caps just starting: VettaFi’s Rosenbluth suggests
Read Latest News Small caps just had their first historic week in three years, and one exchange-traded fund expert predicts the group’s record highs will help drive investors back into the group. “Small caps are going to become more in favor in 2025,” VettaFi’s Todd Rosenbluth said on CNBC’s “ETF Edge” this week. “They started…
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National Rally could bring down France’s government in December
Read Latest News SEBASTIEN BOZON | AFP | Getty Images France’s government is hanging by a thread with the far-right National Rally party threatening to bring down Prime Minister Michel Barnier’s administration by the end of the year. National Rally’s figurehead Marine Le Pen suggested Monday that talks with Barnier, aimed at extracting concessions on…
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Why Wall Street’s rally after Trump’s Treasury pick may be unjustified
Read Latest News Wall Street’s celebration of President-elect Donald Trump’s Treasury pick may be a tad premature. The S & P 500 and the Dow Jones Industrial Average rallied to record highs this week as traders assumed that Trump’s choice for Treasury Secretary, Scott Bessent, will tamp down some of the president-elect’s tariff talk. These…
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Small caps historically outperform even the Santa Claus rally, starting now
Read Latest News The weeks heading into year-end often mark a bullish time for stocks, and smaller companies especially might be poised for outperformance. From the Tuesday before Thanksgiving until the second trading day of the New Year, the S & P 500 has seen an average gain of about 2.6% since 1950, according to…
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Baird is bullish on this little-known data center play, says it can rally nearly 60%
Read Latest News Semiconductor company Rambus is exposed to the key tailwinds for the chip industry in 2025, according to Baird. Analyst Tristan Gerra initiated coverage with an outperform rating and $90 price target, which is 58.3% higher than Monday’s close. The company manufactures DDR memory interface chips and creates silicon IP solutions used across…
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Retail stocks that can withstand new tariffs, playing the small-cap rally
Read Latest News (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors are looking for opportunities in the biotech sector, and analysts name the stocks that would be least impacted by potential new tariffs on goods…
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Bitcoin (BTC) price falls as post-election rally loses steam
Read Latest News Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024. Dado Ruvic | Reuters The price of Bitcoin price retreated further from the psychologically important $100,000 milestone, as investors booked profits from the token’s post-U.S. election gains. The world’s largest cryptocurrency by market capitalization was trading down 6.2% at…
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Expect a Santa rally and new highs into year-end, says Stock Trader’s Almanac
Read Latest News A Santa Claus rally and a strong seasonal month for stocks can push them to new all-time highs by year-end, according to the Stock Trader’s Almanac. Stocks continued to rise Monday — with the Dow Jones Industrial Average and S & P 500 each hitting all-time highs to start off the final…
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State Street worries about crypto rally
Read Latest News The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people…
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Republican Senators Rally Behind Pete Hegseth Amid Sexual Assault Accusations
Read Latest News Some Republican senators, who will consider his nomination to be defense secretary, shrugged off the accusations and defended him. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking about! ~ AliExpress’s Most-Loved Finds Are Here! Don’t…
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Goldman says this pharma stock can rally nearly 70%
Read Latest News Goldman Sachs sees big gains ahead for Merus on the back of the company’s cancer treatment. The firm initiated coverage of the cancer therapeutics stock with a buy rating on Wednesday, alongside a $73 per share price target. Goldman’s forecast implies 68% upside from Wednesday’s close. Goldman Sachs analyst Richard Law highlighted…
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XRP jumps 4% after weekend rally pushes token to three-year high: CNBC Crypto World
Read Latest News ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s…
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Traders like the broadening postelection rally, but are getting worried about rising dollar threat
Read Latest News (This is a wrap-up of the key money moving discussions on CNBC’s “Worldwide Exchange” exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Portfolio managers are watching the transition taking place in the markets with the election, interest rate movements and a broadening out of participation among stocks.…
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Space stocks rally on ‘Trump-Elon trade,’ analysts say
Read Latest News A hot fire test of an Archimedes engine, which powers the company’s Neutron rocket. Rocket Lab This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a “Trump-Elon trade,” a nod to the relationship between…
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Morgan Stanley upgrades AI play on the insurance industry, sees 30% rally
Read Latest News It’s time to consider scooping up shares of a little-known software play, according to Morgan Stanley. Analyst Josh Baer upgraded shares of CCC Intelligent Solutions to overweight from an equal weight rating, saying that Wall Street is “underpricing value” of the company’s portfolio of artificial intelligence products. CCC is a “software as…
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UBS upgrades 3M to buy, says shares can rally more than 40%
Read Latest News 3M is poised to see a return to steady growth in the months ahead, according to UBS. The bank raised its rating on the stock buy from neutral and hiked its price target to $184 from $130, reflecting more than 41% upside. Shares were nearly 1% higher in the premarket following the…
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Tesla shares pop 6% as post-election rally continues
Read Latest News Elon Musk embraces Republican presidential nominee and former President Donald Trump during a campaign rally at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Tesla shares popped 6% on Monday, continuing to ride a postelection rally as President-elect Trump, closely allied with CEO…
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Bitcoin Price Sets Another Record as Post-Election Rally Continues
Read Latest News The cryptocurrency hit $82,000 as a rally that began after President-elect Donald J. Trump’s election gained steam. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking about! ~ AliExpress’s Most-Loved Finds Are Here! Don’t miss out…
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Post-election rally boosts wealth for top billionaires
Read Latest News CNBC’s Robert Frank joins ‘Squawk on the Street’ to report on the latest news. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking about! ~ AliExpress’s Most-Loved Finds Are Here! Don’t miss out on these Top…
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The 2 things that will drive the stock market after last week’s Trump-Fed rally
Read Latest News President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the…
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Trump Media closes in the red on Election Day, giving up earlier rally
Read Latest News Former US President and Republican presidential candidate Donald Trump gestures as he speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Kamil Krzaczynski | AFP | Getty Images Shares of Trump Media & Technology slid on Tuesday, marking the end of a volatile trading…
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Harris to concede race, markets rally on decisive win
Read Latest News Mortgage rates surge higher on Trump victory, causing housing stocks to fall Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images Trump’s victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, are also…
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SK Hynix shares rally after Nvidia’s Huang asks firm to speed up chip
Read Latest News Chey Tae-won, chairman of SK Group, during the SK AI Summit in Seoul, South Korea, on Monday, Nov. 4, 2024. SK Hynix is working with Nvidia to resolve the supply bottleneck, Chey said. Jean Chung | Bloomberg | Getty Images Shares of SK Hynix rallied 6.5% on Monday after the business announced a…
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Harris, at Final Michigan Rally, Offers Forward-Looking Vision
Read Latest News “Our campaign has not been about being against something, it is about being for something,” Vice President Kamala Harris said, avoiding any mention of her rival by name. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s…
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What One Reporter Saw at the Trump Rally at Madison Square Garden
Read Latest News At Donald J. Trump’s rally at Madison Square Garden on Sunday, a Times reporter saw a more complete picture of the people who fuel his political movement. Source Link ~ Read More News like this ~ Don’t Miss Amazon’s Top Treasures & Fan Favorites! Click to see the hottest picks everyone’s talking…