Kenny Malone, Jeff Guo, Adrian Ma Kenny Malone, Jeff Guo, Adrian Ma 2024 was a wild year for the U.S. economy: The economy did well in terms of inflation and unemployment, but vibes ruled the roost. (Mostly didn’t feel great!) Additionally, Bitcoin went to the moon and some wacky stuff was happening with unemployment and … Read more
The market is entering the final two trading days of 2024, and stocks are set to post another strong year of gains. The Nasdaq Composite (^IXIC) once again led the charge in 2024, rising more than 30% thus far while the S&P 500 (^GSPC) has risen over 25%. The Dow Jones Industrial Average (^DJI) is … Read more
By Aaditya GovindRao and Roushni Nair (Reuters) – Goodman Group’s stock has been on a hot streak this year, shining bright among its Australian real-estate peers as the artificial intelligence boom has driven a frenzied demand for data centres. Global “hyperscalers”, or large-scale cloud service providers, such as Amazon, Microsoft and Meta, have been spending … Read more
Dow Jones Today — Stock futures showed a slight rise on Wednesday as investors awaited the much-anticipated quarterly earnings report from Nvidia, the leading AI chipmaker. Futures tied to the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 all climbed by 0.2% early in the session, signaling a potential positive start for the day. … Read more
Chicago Sky coach Teresa Weatherspoon calls out to players during the first half of the team’s WNBA basketball game against the New York Liberty, May 23, 2024, in New York. Frank Franklin II | AP Startup basketball league Unrivaled announced on Monday it’s closed a Series A funding round, raising an additional $28 million before … Read more
The “mother of all bubbles” is due to pop soon as U.S. outperformance has been inflated by massive amounts of debt, warned Ruchir Sharma, chair of Rockefeller International. The U.S. has become too addicted to debt, and attempts to rein it in will eventually weaken economic growth and corporate profits, according to Ruchir Sharma, chair … Read more
Are you expecting a year-end bonus? If so, you’re probably dreaming up all the ways you could spend that windfall. The average bonus was $2,447 in December 2023, according to payroll company Gusto. That’s a sizeable chunk of change — one that could put you in a better place financially in 2025 with proper planning. … Read more