Wall Street Expected a Good Year for These 3 Stocks—What Happened?
These three stocks were expected to soar by double digits this year. Instead, they dropped by the same amount. What went wrong?
These three stocks were expected to soar by double digits this year. Instead, they dropped by the same amount. What went wrong?
Investors in Intel's stock haven't had much to celebrate in 2024, with the shares losing more than half their value. Next year could be challenging too.
Wealthy investors are flocking to artificial intelligence startups — and fueling a private market renaissance.
Stocks have struggled ahead of the holidays despite Friday’s rally.
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Markets that began the year with investors expecting a global stock rally to fizzle, swift U.S. interest rate cuts to boost Treasuries and soften the dollar and emerging market currencies to strengthen have firmly defied that consensus. That comes mostly thanks to a second year of huge gains for Wall Street stocks as artificial intelligence fever and robust economic growth sucked more global capital into U.S. assets and took the dollar up 7% against peers in 2024. U.S. exuberance rose after Donald Trump's Nov. 5 election win, as traders focused on the President-elect's plans for tax cuts and deregulation, with the surge in animal spirits propelling cryptocurrency bitcoin to a 128% annual gain.
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Whether you were naughty or nice, if you never received your stimulus check in 2021, you are eligible for the Christmas cash infusion.
"When flying in such thin air, it doesn’t take much to stall the engines. All the classic signs of extreme prices, valuations and sentiment suggest the end is near."