The chipmaker's market value increased by over $2 trillion last year, reaching $3.28 trillion at the close of 2024, making it the second-most valuable listed company in the world. Its market value was $1.2 trillion at the end of 2023. Meanwhile, Apple continued to lead global companies in market value, nearing a historic $4 trillion valuation.
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.
An air of caution lingered over markets on Thursday as Donald Trump's impending return to the White House - and his plans for hefty import tariffs, tax cuts and immigration restrictions - set the tone for the new year. With just over two weeks until the U.S. President-elect's Jan. 20 inauguration, investors were bracing for unpredictability in Trump's economic agenda and what that would mean for the global economy. Trump's talk of tariffs in excess of 60% on imports of Chinese goods has coincided with central government pledges of proactive policies to promote growth this year, muddying the outlook for an economy that has struggled for momentum.
Shares in AI chipmaker Nvidia will be in the spotlight ahead of a presentation by CEO Jensen Huang scheduled for next Monday at the Consumer Electronics Show in Las Vegas. Watch these key chart levels.
Amazon (AMZN), the e-commerce and cloud giant, saw an outstanding performance in 2024, reaching an all-time high of $233. Gaining 50%, Amazon outpaced its benchmark indices, including the S&P 500 (SPX), which rose 23%. The key question is whether Amazon’s growth momentum will persist in 2025. The answer, I believe, is a resounding yes, fueled by a resurgence in AI-driven AWS growth, a well-diversified business model, generative artificial intelligence opportunities, and robust cash flow expansio
The S&P 500 ended 2024 with a gain of 23%. These were the top performing stocks in the benchmark index.
Looking for a top dividend stock to add to your portfolio as we head into 2025? How about energy giant Exxon Mobil (XOM)? I’m bullish on the $466.5 billion energy giant based on its compelling and realistic plan for increasing earnings and cash flow over the medium term, its attractive dividend yield and strong history as a dividend stock, and its modest valuation. Additionally, Wall Street analysts believe shares have potential upside of nearly 25% over the next 12 months. Tried and True Divide
AI was huge in 2024. The underperformers list reflects challenges in the other sectors.
The health risks of too much sugar have been made clear, but the billion-dollar global market to supply it is thriving. Sales of sweet treats...
Looking for the best money market account interest rates available today? Here’s a look at where to find the highest rates and whether now is a good time to open a money market account.