Investing.com — Wall Street is seen trading in tight ranges Tuesday, with Oracle the main focus after the tech giant missed elevated revenue growth expectations. Chipmaker TSMC has continued to impress, while Ashtead eyes a New York listing. 1. Oracle suffers from high expectations Oracle (NYSE:) released its fiscal second-quarter results after the close of
Investing.com– Most Asian stocks jumped on Tuesday with Chinese shares rallying on optimism around more stimulus measures from the world’s second largest economy, while the Reserve Bank of Australia held interest rates steady, as expected. China has committed to implementing more proactive fiscal stimulus measures and adopting moderately looser monetary policies in 2025, the government
Investing.com — The S&P 500 closed lower Monday, pressured by Nvidia-led weakness in tech just days ahead of key inflation data. At 4:00 p.m. ET (21:00 GMT), the was fell 240 points, or 0.5%, while the index fell 0.6%, and the slipped 0.6%. Nvidia, AMD drag down tech NVIDIA Corporation (NASDAQ:) stock fell 2.6% after China launched
Investing.com – The S&P 500 closed lower for the second-straight session as tech continued its wobble despite a jump in tech heavyweight Alphabet, a day ahead of key inflation data. At 4:00 p.m. ET (21:00 GMT), the fell 142 points, or 0.3%, while the index fell 0.3% and the fell 0.2%. Oracle pressures tech sector
Investing.com — The much-anticipated Santa rally seems set to continue, driven by a combination of “Goldilocks” economic data, supportive Federal Reserve policies, and solid earnings results, according to Sevens Research. Key economic indicators released last week offered a balanced view of growth and stability, according to the firm. They noted that the ISM Manufacturing PMI improved
Investing.com — UBS noted on Monday that at 22.2x, the ‘s price-to-earnings (P/E) ratio is 1.5 standard deviations above its 30-year average, raising concerns about lofty valuations. However, the investment bank argues that these high multiples are underpinned by rational, fundamental factors rather than mere investor exuberance. Shift Toward Technology: The bank said the S&P 500’s
Deutsche Bank (ETR:) set a new target for the , predicting the benchmark index will reach 7000 by the end of 2025. Jim Reid, Head of Global Economics and Thematic Research at Deutsche Bank, commented that this forecast hinges on a solid demand-supply backdrop for U.S. equities, with the bank expecting continued robust inflows into both
Investing.com — Wall Street is seen slipping slightly lower Tuesday after Donald Trump brought up the potential for more stringent trade tariffs in January as he enters the White House. Investors will also be studying the minutes from the last Fed meeting, while Rumble has announced plans to purchase a large chunk of Bitcoin. 1.
Investing.com — The US macro outlook for 2025 is “murky at best,” Deutsche Bank (ETR:) analysts said, citing the uncertain impact of the Trump administration’s policies on economic growth. “Trump has promised additional tax-cut measures, which should bolster GDP growth,” analysts led by Nicole DeBlase wrote in a note. “But his staunchly protectionist position may also
Investing.com– Bitcoin fell on Tuesday, retreating further from recent peaks as risk appetite was rattled by President-elect Donald Trump threatening more trade tariffs on China and other countries. The world’s largest cryptocurrency was also hit with a wave of selling pressure, likely profit-taking, after it failed to breach the coveted $100,000 level last week. fell
