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(Bloomberg) -- Australia will push ahead with a ban on social media for people aged under 16 despite calls by Meta Platforms Inc. for it to consider shifting responsibility for policing usage to app store operators such as Google and Apple.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowPrime Minister Anthony Albanese an...
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What Tesla Stock Gains From Trump’s Election Win—and What to Do Now...
Continue ReadingThe Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) notch new record highs at Thursday's market close as the Federal Reserve opted to cut interest rates by 25 basis points at its November meeting today. Yahoo Finance markets and data editor Jared Blikre joins Josh Lipton on Asking for a Trend to examine several of the sectors benefitting the most from the post-election rally attributed to former President Donald Trump's reelection, while also eyeing Treasury yields (^TYX, ^TNX, ^FVX) and the US dollar (DX-Y.NYB). To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan...
Continue ReadingMTCH earnings call for the period ending September 30, 2024...
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Ford (F) shares drop following a downgrade, with Bernstein senior analyst Daniel Roeska explaining the decision behind the call on Yahoo Finance live. Roeska discusses why he downgraded the stock from outperform to market perform after the company reported mixed results for its third-quarter earnings. The main concern, Roeska tells Julie Hyman and Josh Lipton, is large discounting from Stellantis (STLA) which will create pricing pressures across the industry in the first half of 2025. While confident in Ford’s truck business, including the F-150, Roeska explains that with significant discounts from competitor Ram, Ford “will not have the opportunity to react and cut costs.” To watch more expert insights and analysis on the latest market action, check out more Market Domination here.This post was written by Cindy Mizaku...
Continue ReadingElon Musk’s relationship with President-elect Donald Trump turned out to be an incredible hedge for shares of Musk’s electric-vehicle company Tesla...
Continue ReadingShares of Nvidia rallied to a record high on Thursday, making the chipmaker the first company in history to surpass a stock market value of $3.6 trillion as Wall Street extended a rally sparked by Donald Trump's return to the White House. Nvidia's stock market value ended the day at $3.65 trillion, beating Apple's record closing market capitalization of $3.57 trillion reached on Oct. 21, before the chipmaker on Tuesday overtook the iPhone maker as the world's most valuable company, according to LSEG data. Apple's stock rose 2.1% on Thursday, leaving it with a market value of $3.44 trillion...
Continue ReadingToday's Research Daily features new research reports on 16 major stocks, including Amazon.com, Inc. (AMZN), The Procter & Gamble Co. (PG) and Abbott Laboratories (ABT), as well as a micro-cap stock NVE Corp. (NVEC)...
Continue ReadingThe stock market closed mostly higher Thursday but trimmed some gains in afternoon trading after the Federal Reserve cut interest rates by a quarter point, as expected. The Dow Jones Industrial Average ended flat. The Fed did what everyone expected: It lowered the fed funds rate by 25 basis points to a range of 4.50% to 4.75%...
Continue ReadingRead here for an analyzsis of William von Muefflingâs 13F portfolio with top positions, stake increases, and concentration levels...
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