BlackRock’s Rick Rieder said stocks still have a ways to fall in a period of uncertainty, but they should be higher at the end of the year.
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BlackRock’s Rieder sees more downside in the short term and is holding more cash than usual
World
Nvidia takes $2 billion stake in Synopsys with expanded computing power partnership
Nvidia on Monday announced it has purchased $2 billion of Synopsys‘ common stock as part of a strategic partnership to accelerate computing and artificial intelligence engineering solutions. As part of the multiyear partnership, Nvidia will help Synopsys accelerate its portfolio of compute-intensive applications, advance agentic AI engineering, expand cloud access and develop joint go-to-market initiatives, […]
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Treasury yields move higher as markets look to faster economic growth in 2026
U.S. Treasury yields moved higher on Monday to start off the first day of December as investors increased bets on the Federal Reserve cutting interest rates in its upcoming meeting. At 5:47 a.m. ET, the 10-year Treasury was up more than 2 basis points at 4.044%, while the 30-year bond yield climbed 3 basis points to 4.702%. The 2-year note yield […]
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Morgan Stanley hikes price targets for two chipmakers, sees Nvidia rising more than 40%
Morgan Stanley sees more gains ahead for Nvidia and Broadcom , as the momentum in artificial intelligence continues. The bank reiterated its overweight thesis on AI poster child Nvidia. Morgan Stanley’s $250 price target, up from $235, corresponds to 41% upside from Nvidia’s Friday closing price. The chipmaker has gained 32% in 2025. “We continue […]
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