Stock market today: Tech leads stocks higher after Broadcom earnings boom
Broadcom said its AI revenue increased 220% for the year to $12.2 billion and expects the business boom to continue over the next three years.
Broadcom is now a $1 trillion company as stock surges 20% on AI boom
Broadcom's AI revenue grew 220% to $12.2 billion this past quarter, pushing semiconductor revenue to a record $30.1 billion.
Global stock index falls, bond yields rise ahead of rate decisions
NEW YORK/LONDON (Reuters) -MSCI's global equity gauge fell on Friday while bond yields climbed as investors waited for clues about the future path for interest rates from next week's U.S. Federal Reserve meeting. In U.S. Treasuries, benchmark 10-year yields rose to a three-week high and were on track for their fifth-straight daily gain as investors bet that Fed Chair Jerome Powell will signal a pause in policy easing after a widely expected 25-basis-point rate cut next Wednesday. The U.S. central bank is grappling with inflation staying stubbornly above its 2% annual target.
Here's a complete rundown of Wall Street's 2025 stock market predictions
After back-to-back years of more than 20% returns for the S&P 500, what's in store for 2025? Most on Wall Street say more gains.
S&P 500 Gains and Losses Today: Broadcom Stock Soars as Earnings Show AI Strength
The S&P 500 finished flat on Friday, Dec. 13, 2024, as attention shifted toward next week's Federal Reserve decision on interest rates.
Equity Markets Close Mixed Ahead of Next Week's Fed Decision
US benchmark equity indexes closed mixed Friday as markets awaited the Federal Reserve's monetary po
Day-Trader Spirits Prove Hard to Kill at Market’s Riskiest Edges
(Bloomberg) -- A five-day runup in Treasury yields finally tamped down the post-election fervor in big US stocks this week. Not so at the market’s speculative edges, where Bitcoin and its memed-up cousins keep testing the limits of speculative zeal.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate HeadquartersCity Hall Is HiringAmerican Institute of Architects CEO ResignsAs they have
Truckload dry-van market continues to experience strong response to peak season
The SONAR National Truckload Index (NTI) has reached levels not seen in nearly two years, surging from $2.38 per mile to $2.52. The last time truckload spot rates were this high was on Jan. 23, 2023. The post Truckload dry-van market continues to experience strong response to peak season appeared first on FreightWaves.
US stocks close flat as Nasdaq extends weekly gains, S&P 500 and Dow dip
U.S. stocks closed out the trading week near the unchanged mark in a subdued session on Friday, with the S&P 500 and Dow posting weekly declines, while the Nasdaq secured its fourth consecutive week of gains. Chip stocks were mixed, with Broadcom rival Marvell Technology rising 10.8%, while AI bellwether Nvidia closed 2.2% lower. Yields on U.S. Treasuries rose across the board, with ones on the benchmark 10-year bond hitting a three-week high.
Brazil Central Bank Steps In to Cap Market’s ‘Unhinged’ Week
(Bloomberg) -- Brazil markets fell on Friday, capping a turbulent week for Latin America’s largest economy that saw its currency post some of the sharpest gains — and some of the sharpest losses — among global peers in the aftermath of an outsize interest rate hike and President Luiz Inacio Lula da Silva’s sudden health crisis.Most Read from BloombergHong Kong's Expat Party Hub Reshaped by Chinese InfluxHow California Sees the World, and ItselfBrace for a Nationwide Shuffle of Corporate Headquar