The biochips market is expected to grow at a CAGR of 14.8% from 2024 to 2034, driven by rapid advancements in biotechnology, increasing demand for personalized medicine, and the growing prevalence of chronic diseases.
Paramount Global reported lower-than-expected revenue but surprised with a profit in Q4 as streaming gains offset weak advertising, and the company expects to achieve domestic profitability for its streaming platform, Paramount+, by 2025.
Stocks have reached all-time highs in 2024, with NVIDIA leading the pack and industrials having the highest number of record highs, suggesting a strong rally beyond tech.
ChargePoint Holdings, Inc. (CHPT) saw a -1% swing in its stock price, lagging behind the market, and investors are eagerly awaiting the company's upcoming earnings report.
Microsoft's stock has shown a slight increase, outperforming the S&P 500, Dow, and Nasdaq, but has fallen by 0.27% in the past month; analysts predict positive financial results for the company with an anticipated rise in EPS and revenue; Microsoft currently holds a Zacks Rank of #2 (Buy); the stock is trading at a higher valuation compared to the industry average and has a PEG ratio of 2.17; the Computer and Technology sector, to which Microsoft belongs, is ranked in the top 26% of all industries; investors can follow Microsoft's performance on Zacks.com.
NextEra Energy, a utility company, closed the latest trading day with a slight decrease in stock price, compared to the previous session, and analysts are closely watching the upcoming financial results and stock projections.
Alphabet Inc. (GOOG) experienced a -1.91% shift in its stock price, falling behind the S&P 500's daily loss of 0.17%, and has seen a decrease of 8.46% over the last month, not keeping up with the Computer and Technology sector; investors will be closely watching the company's upcoming earnings disclosure to assess its performance.
Gold mining stocks have seen a significant decline in valuations despite the soaring prices of gold, presenting a rare anomaly in the market, according to mining magnate Ross Beaty.
Dow Jones futures and other key indexes saw modest losses after hours as investors awaited inflation data and reacted to earnings reports from companies such as Salesforce.com, Snowflake, and Marathon Digital, with Bitcoin also experiencing significant price movements.
US Equities have been mixed as investors anticipate incoming inflation data and some believe this to be a return of FOMO investing.
Stocks fell as Bitcoin surged above $63,000 for the first time in years, with the Nasdaq Composite dropping 0.6%, the S&P 500 falling 0.2%, and the Dow Jones Industrial Average slipping 0.1%.
HP Inc.'s stock fell 4% after reporting fiscal first-quarter results that met expectations, with signs of a slowdown in revenue decline and plans to release AI PCs in the second half of the year.
US stocks retreated on Wednesday as investors remained cautious ahead of a crucial inflation report that will impact expectations for interest rate cuts, with the Dow Jones and S&P 500 slightly down, while the Nasdaq Composite sagged; meanwhile, cryptocurrencies such as Bitcoin rallied, reaching new highs, and shares of Beyond Meat soared over 30% after the company laid out its turnaround plan.
Another day of stock market trading is summarized by the S&P 500 Heatmap (SPX), which visualizes the performance of major stocks in each sector, and is available for various indices and ETFs on TipRanks.
Paramount Global missed revenue estimates due to competition from streaming rivals, a weak advertising market, and the impact of Hollywood strikes, while reporting a surprise profit and growth in its streaming platforms.
Electric vehicle company Rivian Automotive and Marriott San Mateo Hotel are planning to cut a combined total of 276 jobs in the Bay Area, with Rivian cutting 149 jobs in Palo Alto and another 154 in Irvine, and Marriott San Mateo Hotel cutting 127 jobs in San Mateo.
Wall Street traders are analyzing mixed economic data and remarks from Federal Reserve officials in order to gain insights into the future of interest rates, with a report showing slower US economic growth at the end of last year and the release of the Fed's favored inflation gauge adding to uncertainty.
Bitcoin has seen a significant rally, with a 20% increase in just five days and nearing its all-time high, as investors pour billions of dollars into the cryptocurrency and anticipate the upcoming "halving" event that reduces the rate of new coins entering circulation. However, potential regulatory changes could still impact its gains.
The current bull market in stocks is only halfway through its average length, suggesting that stocks could continue to rise for another few years.
The US housing market added $2.4 trillion in value last year, driven by reluctance to sell and persistent work-from-home dynamics, while mortgage rates remain high and affordability is a growing concern.
Warren Buffett regards his investment in Berkshire Hathaway as the "dumbest stock" he ever bought, even though the company is now on the verge of reaching a $1 trillion market capitalization due to a surge in its stock price.
The potential merger between Capital One and Discover is seen as a prime example of the benefits of free-market competition over government intervention, as it brings value to investors and households with retirement accounts, while regulatory barriers and proposed legislation could stifle competition and distort the market.
As baby boomers age, a new report from Freddie Mac estimates that declining homeownership will free up 9.2 million homes by 2035, potentially creating a "silver tsunami" of inventory in the housing market, although retention rates and increasing demand from younger generations may impact the actual number.
Virgin Galactic is raising ticket prices to $600,000 and could potentially earn $1.1 billion to $1.4 billion annually on ticket sales alone if it reaches 300 or 400 flights per year.
Apple has reportedly abandoned its plans to build a car after realizing the challenges and costs involved, leading analysts to believe it is a smart move for the company, which already gathers a significant amount of data through its iPhones and can instead focus on software and user experience to generate higher profits.
Bank of America argues that while the stock market may be highly valued compared to the past, investors should not overlook stocks since the current market is fundamentally different, with lower leverage, higher quality, and lower earnings volatility.
XTB is a financial services company that offers leveraged products known as Contracts for Difference (CFDs), but clients must be aware of the risks involved and seek independent advice.
Market indices are declining ahead of the Personal Consumption Expenditures (PCE) print, but Chief Investment Officer Yung-Yu Ma believes that the market is resilient and can withstand bad news, pointing to strong productivity growth, low inflation, and potential market gains for several years.
Stock indices finished in the red, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all experiencing declines, while the U.S. 10-Year Treasury yield and Two-Year Treasury yield both dropped, and a second estimate for fourth-quarter GDP growth came in below expectations.
The global OPGW cable market is projected to grow at a CAGR of 4.8% from 2023 to 2031, driven by the increasing demand for high-speed and reliable communication networks and the shift towards renewable energy sources.
Home prices rose 6.5% over the last year due to higher mortgage rates and a lack of homes on the market, making it a tough market for aspiring homebuyers.
Wall Street's main indexes opened lower on Wednesday, but recovered mildly throughout the day, with the Dow Jones Industrial Average down 0.15%, the S&P 500 unchanged, and the Nasdaq Composite losing 0.5%; US Q4 GDP growth was revised lower to 3.2%, and market participants are now focusing on the upcoming release of PCE inflation and jobless claims data.
Stocks could experience a 10% correction, erasing gains made this year, as signaled by technical indicators and the upper end of the price range, according to Piper Sandler's Craig Johnson.
Nvidia Corporation remains one of the top-performing stocks in the market with a 61.33% increase since the last article, backed by impressive earnings growth and strong performance numbers, making it a strong buy with a 97.8% upside potential over the next five years.
The US Dollar is trading slightly higher after the second US GDP reading, but concerns arise over the Personal Consumption Index and its impact on future rate hikes by the Federal Reserve.
The Dow Jones closes lower for the third consecutive session after revised GDP data, with focus on GDP, Apple, and Tesla.
Bitcoin (BTC) has broken the $60,000 barrier, surging 6.2% in the past 24 hours and reaching a yearly increase of 158%, due to increased institutional interest and the upcoming Bitcoin halving event, while market sentiment shows extreme bullishness.
The outdoor cooking industry is embracing artificial intelligence (AI) to make grilling easier and expand its audience, with AI-powered grills offering convenience and smart features like temperature control and automated cooking processes, while still maintaining a balance with traditional manual methods. This trend is expected to contribute to the industry's growth, with the barbecue grill market projected to reach a value of $12.8 billion by 2032.
Novavax, a COVID-19 vaccine maker, expects its revenue to be flat or lower this year as it aims to increase its market share in the U.S. and faces significant financial difficulties.
Apple has reportedly scrapped its plans for an electric car after 10 years of development, in a sign of the softening demand and challenges faced by the US EV market which has lagged behind other countries such as China in EV adoption. Other automakers, including General Motors and Volvo, are also shifting their EV plans in response to the price war initiated by Tesla.
Educational programs, advancements in rehabilitation protocols, and personalized care contribute to the growth and acceptance of voice prosthesis devices for speech restoration post-laryngectomy, with the global market projected to reach $319.2 million by 2031.
Dividend ETFs are a good option for regular income, but investors should also consider individual stocks with upside potential, such as Uniti Group, Civitas Resources, Organon, AT&T, Guess, and Clearway Energy.
Icahn Enterprises LP reported a decrease in revenue and net loss for Q4 2023 compared to the previous year, but saw an improvement in adjusted EBITDA; full-year revenue was $10.8 billion with a net loss of $684 million; the company's performance was impacted by losses from shorts in investment funds but remains confident in its activist investment strategy; the balance sheet shows total assets of $20.858 billion and total equity of $6.073 billion; the company declared a quarterly distribution of $1.00 per depositary unit; the company's diversified business model and proactive management strategies position it to navigate market volatility.
The global automotive tire market is experiencing growth due to factors such as the increasing emphasis on fuel economy, demand for convenience, and the need for more durable and cost-effective tire options.
The US government has revised down its estimate of Q4 annualized GDP growth to 3.2%, while treasury yields fell and stocks declined ahead of tomorrow's release of PCE inflation data.
The global market for blockchain in manufacturing is projected to reach $35.5 billion by 2030, with a CAGR of 70.6% between 2023 and 2030, driven by factors such as supply chain transparency, improved product quality, and the automotive industry's adoption of blockchain technology.
Goldman Sachs has raised its year-end target for the S&P 500 index, citing increased profit estimates, and is also highlighting the potential of Informatica and BrightSpring Health Services, two lesser-known stocks that could rally as much as 166% in the year ahead.
Dow Jones futures and other major indexes dropped after weaker-than-expected GDP data, while Cathie Wood continues to sell shares of Nvidia.
The UK housing market shows signs of life as the number of mortgages being approved increases, although activity remains weak overall due to high interest rates.
The UK's capacity market auction for 2027-2028 cleared at a record-high price of $82.20 per kilowatt per year, indicating tight supply/demand dynamics in the power generation market.