Six companies investing $99.5 million, creating 511 jobs in Anderson County, what to know
Six companies announced significant projects in late 2023 and 2024 in Anderson County, which are expected to spur economic growth in the Upstate in 2025 and beyond.
Structural Systems, Vertiv, Michelin, Halton MEI, Harbor Freight,
Read MoreWhy AbbVie Stock Popped While the Market Flopped on Monday
Monday was a grim day for a great many stocks, but luckily for its investors, AbbVie (ABBV 3.88%) wasn’t one of them. The storied pharmaceutical company saw its share price rise by almost 4%, on the back of a pair of pre-earnings price target bumps from analysts.
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Read MoreStock Market News: Dow Set to Rise
It’s not just Chinese artificial intelligence startup DeepSeek that could rattle stocks this week. As investors nursed their wounds from a brutal tech selloff, U.S. President Donald Trump expressed a preference for sizable universal tariffs, sending the dollar higher early Tuesday.
Trump told reporters on board Air Force One that he would impose large enough levies on foreign imports “to protect our country,” adding that he favored a “much bigger” rate than the 2.5% figure reportedly proposed by Treasury Secretary Scott Bessent.
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Read MoreDow Jones Today: Stock Futures Steady After DeepSeek AI Selloff as Investor Focus Turns to Earnings, Fed Meeting
Stock futures are pointing to a mixed open Tuesday as the market steadies itself after the previous session’s sharp downturn.
Futures tied to the Dow Jones Industrial Average were down less than 0.1% in recent trading, while those linked to the S&P 500 and Nasdaq each rose 0.2%. The S&P 500 and Nasdaq Composite fell sharply on Monday,
Read MoreThe Federal Reserve holds interest rates steady: Here's what that means for your money
- The Federal Reserve held rates steady at the end of its two-day meeting Wednesday despite pressure from the White House.
- High interest rates have affected all sorts of consumer borrowing costs, from auto loans to credit cards.
- For consumers, it generally won’t get less expensive to carry credit card debt,
The Burst
Is Tesla a Buy Under $200?
In the investing world, Jim Cramer grabs a lot of headlines, but other less well-known names arguably deserve substantially more attention. Oliver Kell is one such name. He’s got the distinguished title of US Champion Trader with a 941.1% return in 2020.
He’s also got quite a knack for finding the hottest stocks in the market,
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Read MoreThe Ivy
Buffett Stock at 52-Week Low, Time to Buy?
Before it even had a formal product on the market, Snowflake had achieved a valuation of $3.5 billion, a clear sign of the confidence investors had in the firm’s innovative approach to data warehousing and cloud technology.
Snowflake’s disruptive approach to these two items have revolutionized the way organizations manage and use their data.
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Read MoreThe Spotlight
The Best Stock Buffett Just Bought Is…
According to Berkshire Hathaway’s fourth-quarter 13F and 13G filings, Buffett and his investment team added shares to several existing positions, including Lousiana-Pacific Corp. (LPX), Paramount Global (PARA),