Feb 13, 2025 | Markets
Germany’s economy will probably shrink for a third year in 2025, according to the German Chamber of Commerce and Industry. A survey of about 23,000 companies across all sectors and regions of the country showed that “significantly more firms continue to expect worse...
Feb 12, 2025 | Markets
The “Magnificent 7” stocks are likely to continue falling out of favor as investors turn to cyclical stocks that benefit from economic growth. Key Takeaways The effects of last year’s Fed rate cuts appear to be boosting sectors like U.S. manufacturing and financial...
Feb 12, 2025 | Markets
The stock hasn’t recovered from DeepSeek-driven slump Key customers have earmarked $300 billion in capex spending Nvidia Corp. investors have typically rushed to buy the stock on any dips. But the mood since the DeepSeek-driven rout has been different, signaling that...
Feb 11, 2025 | Markets
Customer mistakenly deposited Solana year after FTX bankruptcy 31-year-old FTX user is asking bankruptcy judge to be repaid FTX customers who deposited digital assets before the cryptocurrency exchange imploded in 2022 have waited years to get their money back. That...
Feb 11, 2025 | Markets
January NFIB index fell 2.3 points, dragged by spending plans Uncertainty index jumps by most in monthly data to 1986 US small-business optimism declined in January from a more than six-year high and a gauge of uncertainty climbed as companies weighed Trump...
Feb 10, 2025 | Markets
The Magnificent Seven has turned into the Stupendous One as AI spending fears weigh on sentiment. The usually reliably hot Magnificent Seven trade of Meta (META), Amazon (AMZN), Google (GOOG), Apple (AAPL), Nvidia (NVDA), Microsoft (MSFT), and Tesla (TSLA) has...
