US stock market up today: S&P 500, Nasdaq and Dow rally for third day as Fed rate-cut bets surge amid growing spotlight on Google-Nvidia AI chip battle
The Dow Jones Industrial Average surged 664.18 points, or 1.43 percent, to close at 47,112.45 on Tuesday(November 25), marking a three-day winning streak. According to the CNBC website, the S&P 500 climbed 0.91 percent to 6,765.88, and the Nasdaq Composite added 0.67 percent to finish at 23,025.59. The rally came despite early-session losses that briefly pushed the S&P 500 down 0.7 percent, » Read more about: US stock market up today: S&P 500, Nasdaq and Dow rally for third day as Fed rate-cut bets surge amid growing spotlight on Google-Nvidia AI chip battle »
Read MoreStock Market LIVE Updates: GIFT Nifty indicates a firm opening; US, Asian markets rise
Market on Wednesday | Nifty above 26,200, Sensex jumps 1022 pts on Fed rate cut hopes
The Indian benchmark indices snapped three-day losing streak, with Nifty index finishing above 26,200 tracking positive global markets amid rising expectations of rate cut by Federal Reserve in its December policy meeting.
JPMorgan Reiterates Overweight on Apple (AAPL) as iPhone 17 Lead Times Track Higher
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 MoreNasdaq ISE proposes to raise BlackRock IBIT options trading limits from 250,000 to 1 million
Nasdaq ISE wants to raise the position limit for BlackRock’s IBIT options from 250,000 to 1,000,000 contracts amid soaring demand.
Read MoreSSA alters retirement age rules: Will new guidelines impact future benefits for Social Security recipients?
The Social Security Administration (SSA) is changing the rules governing eligibility for full retirement benefits, which has many Americans wondering what age the new rules permit full payments.
The year of birth currently determines the usual full retirement age.
Read MoreThe Burst
Market Commentary: #1 Oil Stock, Period
It’s easy to get distracted by the energy sector when Buffett is snapping up Occidental Petroleum shares with abandon and already owns so much of Chevron. But arguably both should be cast aside in favor of what might well be the #1 stock in the sector, Exxon Mobil.
With a market capitalization of around $400 billion and generating revenues of $338 billion,
» Read more about: Market Commentary: #1 Oil Stock, Period »
Read MoreThe Ivy
If World War 3 Breaks Out, Own This Stock
With news breaking recently of a drone attack by Ukraine on Moscow, it appears the stakes have risen and tensions escalated.
Amid the backdrop of war, defense contractors are a natural play on the markets. And they don’t necessarily even need the US to get involved to benefit.
Reportedly, President Biden stated that many of the so-called aid packages to Ukraine are in fact funds that never leave US shores but instead land in the coffers of defense contractors,
» Read more about: If World War 3 Breaks Out, Own This Stock »
Read MoreThe Spotlight
1 Buffett Stocks Near 52-Week Lows
On December 4, 2020, Verizon shares were trading for about $61.50. That’s the highest price Verizon has ever managed to reach. From that moment, the price took a turn for the worse. Over the last 52 weeks, Verizon has been as high as $59.85 and as low as $49.68.
Although the share price has underwhelmed recently,