Jamie Dimon sounds the alarm on stocks, says the market is looking 'kind of inflated'
JPMorgan CEO Jamie Dimon said a lot has to go right for the stock market to continue its record rally.
Netflix stock jumped 10%—and ads are a big reason why
Advertising revenue doubled this past year, co-CEO Gregory Peters said, and the company expects the same to be true in 2025.
Japan’s Love of Foreign Stocks Risks Pushing the Yen Even Lower
(Bloomberg) -- Japanese retail investors’ hunger for overseas equities is weighing further on the yen, adding to downside risks posed by tariffs from Donald Trump and the wide interest-rate gap with the US.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls
S&P 500 Gains and Losses Today: Netflix Soars as Streamer Touts Subscriber Growth
The S&P 500 advanced 0.6% on Wednesday, Jan. 22, 2025, following the announcement of major AI investments and a string of positive earnings releases.
Seagate Stock Soars as Analysts Raise Targets on AI-Driven Data Storage Demand
Seagate Technology shares jumped Wednesday as analysts raised their price targets for the data storage provider's stock after the company's quarterly results topped estimates.
Morning Bid: 'Giddy' Wall Street hits new highs, BOJ looms into view
Whatever doubts investors may have surrounding the longer-term economic damage of U.S. President Donald Trump's proposed tariff agenda, they are giving his deregulation, tech-friendly and AI-supportive policies a huge thumbs up. With strong earnings from streaming giant Netflix providing an extra tailwind, Wall Street's sizzling performance on Wednesday should fuel a strong rise in risk appetite across Asia on Thursday. The tech and artificial intelligence fervor is intensifying again after Trump announced a private sector investment of up to $500 billion to fund infrastructure for AI.
Saudi Bond Spree Continues as Wealth Fund Taps Dollar Market
(Bloomberg) -- Saudi Arabia’s bond spree continued Wednesday as its sovereign wealth fund sold $4 billion of dollar debt.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsThe Public Investment Fund priced notes wit
US stocks end higher on blowout Netflix results, strong AI shares. S&P 500 notches record.
Wall Street closed higher, with the S&P 500 index scoring an all-time high. Blowout Netflix results and plans for $500b AI investment fuel gains.
Knight-Swift Transportation (NYSE:KNX) Slightly Misses Q4 Revenue Estimates, But Stock Soars 5.5%
Freight delivery company Knight-Swift Transportation (NYSE:KNX) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 3.5% year on year to $1.86 billion. Its non-GAAP profit of $0.36 per share was 10.1% above analysts’ consensus estimates.
Bond Traders Trim Two-Year Futures Bets as Tariff Talk Picks Up
(Bloomberg) -- Bond traders are unwinding bets on two-year Treasury futures as lingering questions around President Donald Trump’s tariff plans cloud the outlook for inflation.Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpTexas HOA Charged With Discrimination for Banning Section 8 RentersDonations to LA Fire Victims Rise Past $200 Million MarkLA Schools Wrecked by Fires Plead on GoFundMe for Help to ReopenNY’s Hochul Calls for Law Banning Cell Phone Us