Month: January 2025
BTIG’s top ideas for 2025 include Starbucks and a Western retailer
BTIG has some plays for investors as 2025 kicks into high gear. Coming off an unusually strong two-year run for stocks, investors are wondering what areas of the market can drive further upside. The financial services firm’s research team dropped its top picks list for the first half of 2025 this week, which represents its […]
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These oversold stocks are due for a bounce after a tough start to 2025
Several stocks are primed for a bounce after recent weakness at the turn of the new year. Although the market had a strong run in 2024 that saw the S & P 500 notch its second consecutive annual gain exceeding 20%, the major U.S. indexes closed lower in the final trading days of 2024 and […]
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MicroStrategy trades like a meme stock these days. What investors need to know
Investors have compared MicroStrategy to meme stocks in recent weeks as the data visualization and reporting platform piled into bitcoin at the end of last year, even as the cryptocurrency hit record after record. MicroStrategy, seen as a proxy for the price of bitcoin, benefited in the post-election bitcoin rally. Fueled by its five-year-old strategy […]
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Experts say high food prices are here to stay. Here’s why
Inflation has steadily cooled over the past two years, despite seeing a slight stall in October and November. Prices for items such as gasoline, used cars and energy have all declined accordingly. However, food prices continue to outpace inflation, increasing by 28% since 2019. More than 85% of consumers report feeling frustrated with rising grocery […]
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Hillary Clinton, George Soros and Denzel Washington will receive the highest U.S. civilian honor
US President Joe Biden and former secretary of state Hillary Clinton look on as former president Bill Clinton (not pictured) speaks during the Clinton Global Initiative annual meeting in New York on September 23, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Former Secretary of State Hillary Clinton, Democratic philanthropist George Soros and actor-director Denzel […]
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DOJ urges Supreme Court to reject Trump request to delay TikTok ban law
The TikTok short form video hosting service logo is seen on a mobile device in this illustration photo taken in Warsaw, Poland on 17 July, 2024. Jaap Arriens | Nurphoto | Getty Images The U.S. Department of Justice asked the Supreme Court late on Friday to reject President-elect Donald Trump’s request to delay implementation of […]
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Chinese dams to be discussed in India visit of U.S. national security adviser
WASHINGTON, DC – OCTOBER 01: National Security Advisor Jake Sullivan speaks on the Iranian missile attacks on Israel. Kent Nishimura | Getty Images News | Getty Images U.S. national security adviser Jake Sullivan’s visit to New Delhi from Jan. 5-6 is expected to include discussions with Indian counterparts about the impact of Chinese dams, a […]
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Trump sentencing set for Jan. 10, judge leans toward no jail, no probation, no fine
Former U.S. President Donald Trump leaves the courthouse after a jury found him guilty of all 34 felony counts in his criminal trial at New York State Supreme Court in New York on May 30, 2024. Justin Lane | Via Reuters A judge on Friday rejected a request that he dismiss the New York criminal […]
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DraftKings tests a subscription service as it looks to offset high New York taxes
Sports betting company DraftKings’ logo is displayed on a smartphone screen. Budrul Chukrut | Lightrocket | Getty Images DraftKings is upping the ante. The sportsbook is testing out a new subscription service called DraftKings Sportsbook+ designed to provide paying customers a boost in odds. The $20 per month subscription service launched quietly on Dec. 28 […]
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Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Vice Chair and President at Microsoft, Brad Smith, participates in the first day of Web Summit in Lisbon, Portugal, on November 12, 2024. The largest technology conference in the world this year has 71,528 attendees from 153 countries and 3,050 companies, with AI emerging as the most represented industry. (Photo by Rita Franca/NurPhoto via Getty […]
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