Shares of Nvidia Corporation (NASDAQ:) climbed 2.5% in pre-market trading on Wednesday following a positive industry update from Trendforce. The report provided an optimistic outlook on Nvidia’s production progress, particularly regarding the Blackwell NVL / GB200 system. This contributed to a bounce in Nvidia shares, which yesterday saw levels below $130/share for the first time

Investing.com — Baird raised its price target for Tesla Inc (NASDAQ:) to $480 from $280, on strong growth prospects in the automaker, supported by cost reductions, new models, and favourable regulatory dynamics. “The stock has gained significant momentum and has several upcoming potential catalysts. We like the stock long term and would be buyers on pullbacks,”

Investing.com — BlackRock (NYSE:) Investment Institute (BII) has identified and as potential diversifiers to hedge against equity sell-offs, noting that traditional diversification options like bonds have become less effective. In an extensive “2025 Global Outlook,” BII highlighted the distinct value drivers of Bitcoin, including its fixed supply and its potential for broader adoption as a

Investing.com — The extraordinary rally in Tesla (NASDAQ:) shares since the US election underscores its status as the “narrative king” of the market, according to Barclays (LON:) analysts. The electric vehicle (EV) maker saw its stock surge approximately 90% since Donald Trump won the US presidential election, adding a staggering $730 billion to its market

NEW DELHI (Reuters) – Elon Musk said Starlink satellite internet is inactive in India, his first comments since authorities seized two of the company’s devices in recent weeks, one in an armed conflict zone and another in a drug smuggling bust. Starlink is seeking approval in India to provide satellite broadband services and the Musk-owned

Investing.com – The Federal Reserve is all but certain to deliver what would be its third straight rate cut, futures are edging higher, and Honda and Nissan are reportedly exploring a merger. 1. Fed set to deliver rate cut The Federal Reserve concludes its final policy meeting of the year later Wednesday, with a 25-basis

Investing.com — UBS strategists expect to build on its gains heading into 2025. The bullion has remained steady around $2,650/oz this week, constrained by the strength of the US dollar, rising US Treasury yields, and improved risk appetite for US equities. Gold rose 28% since the start of the year, outperforming the equity index. In

Investing.com– Bitcoin slipped on Wednesday after a three-day winning streak and a record high, as the digital currency saw profit-taking ahead of a Federal Reserve interest rate decision. fell 2.4% to $103,688.0 by 01:13 ET (06:13 GMT), after breaching the $108,000 level a day earlier.  The largest cryptocurrency reached an all-time high of $108,244 for

Investing.com– Most Asian stocks rose on Wednesday after a report suggested that China will target increased fiscal spending in the coming year, although caution before a Federal Reserve rate decision limited gains. Regional markets took middling cues from a weak overnight session on Wall Street, as the fell from record highs and as the logged

Investing.com– The Dow closed lower for the ninth day on Tuesday, suffering its longest losing streak since 1978 as the Federal Reserve kicked off its last meeting of the year.   At 4:00 p.m. ET (21:00 GMT), the fell 266 points, or 0.6%, the index fell 0.4%, and the slipped 0.3%.   Retail sales surprise to upside as