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Benchmark indices on Wall Street ended Thursday’s trading session with gains, albeit off the session’s highs, recovering some of the losses seen during Wednesday’s sell-off, particularly in tech shares.
The Dow Jones gained close to 300 points. At one point, the index had risen close to 450 points towards the 49,600 mark.
» Read more about: Dow Jones gains 300 points supported by large banks, but ends off highs »
Verizon Gets Final California Approval to Secure $9.6 Billion Frontier Deal
The telecommunications company navigated conflicting demands from federal and state officials to close the acquisition.
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Trump to Push Plan for Tech Companies to Fund New Power Plants
The White House proposal, set to be announced Friday,
In my opinion, the short-term price outlook remains cautiously bullish. Optimism about upcoming earnings and expectations of an H1 2026 Fed rate cut support the positive outlook. These fundamentals align with constructive technicals.
» Read more about: Dow Jones & Nasdaq 100: Tech Optimism Lifts US Futures in Asia »
Longtime Wall Street economist and market strategist Ed Yardeni doubled down on a call he first made years ago: that the 2020s could turn out to be a modern-day echo of the Roaring 1920s.
And in his view,
» Read more about: S&P 500 At 10,000 By 2030? Yardeni Still Bets Big On The Roaring 2020s »
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
» Read more about: 10 Cheap S&P 500 Stocks to Invest in Now »
The company made a dramatic change to its revenue guidance, a move very much noticed by analysts and investors.
Investors were eager to buy shares of e-commerce artificial intelligence (AI) specialist Rezolve AI (RZLV +14.04%) on Hump Day. This came on the heels of two bullish analyst notes published before market open that morning.
» Read more about: Why Rezolve AI Stock Trounced the Market Today »
NEW YORK (AP) — A surging stock market and a flurry of deal making padded the profits of Wall Street’s two big investment banks, which both saw a double-digit jump in profits in the fourth quarter.
Goldman Sachs’s net earnings rose 12% from a year earlier, posting a profit of $4.62 billion,
Data from the past 30 years suggests there is a moderate correlation between January’s performance and the rest of the year.
