Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. Investors’ voracious appetite for all things Nvidia (NVDA) might have cooled slightly of late, but the chill is temporary and the feast itself has only just begun, according to one Wall Street semiconductor analyst. “I think some … Read more
Investors have plenty to be thankful for in 2024. They’ve witnessed the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all rocket higher by a double-digit percentage and head to multiple record-closing highs. But investing is all about looking forward. As we get ready to turn the page to 2025, here are five unbeatable … Read more
Technology stocks led a broad rally on Wall Street Tuesday during a holiday-shortened trading session ahead of Christmas. The S&P 500 rose 1.1% for its third-straight gain. The Dow Jones Industrial Average added 0.9%, and the tech-heavy Nasdaq composite climbed 1.3%. While Big Tech companies, including Apple, Amazon and chip company Broadcom helped push the … Read more
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -A global equity index rose on Monday with help from Wall Street, and U.S. Treasury yields climbed to an almost seven-month high while data showed a deterioration in U.S. consumer confidence and investors prepared for fewer Federal Reserve rate cuts in 2025. In U.S. equities, Nasdaq … Read more
Had you invested $1,000 in the S&P 500 in 1965, it would be worth around $325,053 today. However, had you invested $1,000 in shares of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) at the very same time, it would now be worth a whopping $42.5 million. It was 1965 when Warren Buffett became the CEO of Berkshire. … Read more
While 2024 gave many credit cardholders the opportunity to earn incredible rewards or cash in for big travel plans, they also faced rising debt balances and an ever-changing interest rate environment. As we approach 2025, there’s still uncertainty about what the future holds — new policies could affect the current state of card fees and … Read more
The Federal Reserve continues lowering short-term interest rates. At its latest meeting on Dec. 18, it once again lowered them by 0.25%. As a result, overall inflation has been cooling in the last two years. And the presidential election has passed. It would seem that conditions are consolidating for a housing market rebound. “We’ve seen … Read more