World
Want to invest in weight loss drugs? Here’s where UBS thinks they’re headed in 2025
The biopharma sector has been hotly watched among investors over the past two years amid a boost to the industry by the growing popularity of the glucagon-like peptide-1 (GLP-1) drugs used in weight loss treatments. Looking ahead into 2025, however, UBS foresees that the sector “will find it difficult to outperform against a more uncertain […]
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U.S. files complaint against fintech app Dave and its CEO
Jason Wilk, chief executive officer of Dave, during TechCrunch Disrupt in San Francisco, California, US, on Monday, Oct. 28, 2024. David Paul Morris | Bloomberg | Getty Images The U.S. Justice Department filed a complaint and announced a civil enforcement action on Monday against financial technology company Dave Inc and its CEO Jason Wilk for […]
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The stock that won 2024
If it were a competition, there’s one company that would easily take the trophy for 2024’s stock market champion. Excitement around artificial intelligence and its use cases pushed shares of the once little-known software stock Palantir Technologies to its best year on record since debuting on the stock exchange in 2020. PLTR YTD mountain Shares […]
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5 stocks that hedge funds and big investors are long heading into 2025
A hand of high-conviction stock picks from hedge funds and notable investors could be primed to trounce the market in the new year. The financial sector has gained newfound love in the hedge fund community since the election of former President Donald Trump. Professional traders raised their exposure to financial stocks to the largest overweight […]
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MicroStrategy falls as much as 6% after latest bitcoin purchase: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, William Quigley, […]
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BMO’s top internet stock picks for 2025 include Amazon, this video game maker
The new year could be another strong one for internet stocks, and BMO Capital Markets picked its favorites for investors looking to capitalize. Analyst Brian Pitz highlighted Amazon as the firm’s top pick for 2025 and named Netflix , Trade Desk and Google parent Alphabet as other well-positioned names in the internet and interactive entertainment […]
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Treasury yields dip as final trading week of 2024 kicks off
U.S. Treasury yields slipped on Monday in one of the final trading days of the year got underway. The yield on the 10-year Treasury was down by about 7 basis points at 4.547%, trading just below multimonth highs recorded last week. The 2-year Treasury yield was last trading at 4.254% after dipping by about 7 […]
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Natural gas surges 20% on expectations for colder-than-usual January on the East Coast
A chimney from the Linden Cogeneration Plant is seen in Linden, New Jersey. Kena Betancur | View Press | Corbis News | Getty Images Natural gas futures prices surged Monday, hitting a new 52-week high following reports of a colder-than-usual temperature outlook for January. Natural gas February futures rose nearly 19% during the session after […]
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A review of the stock market headwinds into 2025 and what could potentially end the bull
For stock investors the handoff for 2025 is about as good as it gets, but there are significant potential headwinds. Let’s review the state of play going into the new year. Here’s the good news first. Market tailwinds into 2025 First and foremost, there is a still-strong economy, with 3% GDP. Second, record profits are […]
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4 killed in a storm system that spawned tornadoes across the southern U.S.
Officials assessed the damage on Sunday after a strong storm system moved across the southern U.S. over the weekend, spawning tornadoes and killing at least four people. There were at least 45 reports of tornado damage across Texas, Louisiana, Mississippi, Alabama and Georgia, said Brian Hurley, a meteorologist with the National Weather Service’s Weather Prediction […]
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