AMD hits $1 trillion market cap for the first time as stock rides 5-day rally
Advanced Micro Devices stock surged 9% on Monday, pushing shares to a record high and topping a $1 trillion market cap benchmark for the first time.
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Crude Prices Retreat on Hopes Middle East Energy Exports to Recover
October WTI crude oil (CLV26) closed down -1.61 (-1.58%) on Friday, and October RBOB gasoline (RBV26) closed up +0.0203 (+0.58%).
Novo Nordisk’s stock tumbles as doubts persist about Ozempic maker’s goals for 2030
The weight-loss-drug manufacturer failed to excite investors hoping for a turnaround.
Cotton Bulls Head into the Weekend with Their Tails Tucked
Cotton futures were down 79 to 103 points across the front months on Friday, as December was down 491 points on the week. Crude oil was back down $2.38 per barrel on the session, with the US dollar index down $0.040.
Earnings Mean Reversion: When Estimates Snap Back
Consensus earnings estimates now sit close to 50% above trend, and that gap is exactly where an earnings mean reversion tends to begin.
Trump admin won't give AI leaders a 'liability shield,' Bessent tells CNBC
Artificial intelligence developers "need to take responsibility for themselves" instead of expecting the federal government to give them a "liability shield," Treasury Secretary Scott Bessent told CNBC on Monday.
Soybeans Face Risk Off Pressure into the Weekend, as Meal Leads the Way to the Downside
Soybeans were down 9 to 17 cents across the board on Friday, as November held on for a 7 cent gain for the week. The cmdtyView national average Cash Bean price was down 16 1/4 cents at $12.44 1/4. Soymeal futures were b…
Nissan eyes increasing U.S. production as new Rogue hybrid launches
Nissan Motor is looking to increase its U.S. production as it launches the 2027 Rogue crossover, including with a new hybrid model that the company views as a crucial offering for American consumers.
Trump to be sued by MS NOW, CNN, Politico to reverse White House ban
MS NOW, CNN and Politico sued President Donald Trump on Monday morning, seeking to reverse his total ban on those three media outlets from the White House.
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore.
‘She says it’s just money’: My friend pays for everything. I should be grateful, but I can’t stand her anymore. “On each of these weekends away, she’s probably spending $500.” Read at source
Bitcoin hits highest level since January at $85,000, as the market debates whether the 'crypto winter' is over
Bitcoin rose above $85,000 on Monday as the cryptocurrency continued its sharp rally over the past few days.
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U.S.-listed Greenland stocks surge after Trump agrees security deal with Denmark
Shares of U.S.-listed companies exposed to Greenland surged on Monday after the U.S. and Denmark reached a deal regarding security arrangements on the Arctic territory.
Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importers
The shutdown of Saudi Arabia's East-West pipeline stands to squeeze already-scarce crude supply for Asia's four biggest crude importers, with South Korea appearing the most directly exposed.
Kylie Jenner sells California mansion for $5 million below asking
In 2018, it was out with the old and in with the new for stars like Kylie Jenner, Tyra Banks, and Selena Gomez. Many sold their lavish properties for many millions, and most pocketed at least a million in profit from th…
Treasury yields ease as global borrowing costs tumble
Treasury yields were lower early Monday, tracking a global easing of government borrowing costs amid falling oil prices.
Novo shares slide as drugmaker lays out post-Wegovy growth strategy
Novo shares fell as much as 7% on Monday after the company laid out new growth ambitions to revive its fortunes in the booming obesity drug market.
All the signs say another financial crisis is coming. Here’s why we need to prepare for it now | Larry Elliott
War, AI disruption and markets in turmoil: the warnings are all there. But lessons from the 2008 crash could help us Continue reading...
Global stock markets bounce higher; government bond yields tumble as oil slides – business live
European stock markets have also bounced higher, while government borrowing costs retreated, as oil prices slid on reports that more supplies are passing through the Gulf than though.
Chinese biopharma stocks jump as U.S. weighs keeping door open to drug deals
Chinese biopharma stocks jumped in Hong Kong on Monday after a report that the U.S. is considering rules that would allow American pharmaceutical companies to continue licensing most drugs from Chinese firms.
Oil falls as crude flows remain 'surprisingly strong'
Oil fell Monday, as traders keep watch for a recovery in shipments from Saudi Arabia even after attacks by Iran-backed Houthis on Saudi Arabia with missiles and drones on Saturday.
Neocloud Boom: Comparing Nebius, CoreWeave, & IREN
The current artificial intelligence buildout is the largest industrial buildout since the railroad boom in the 1800s. America’s leading big tech companies are spending hundreds of billions of dollars to capture their pi…
Stocks Finish Mostly Higher as Crude Prices Fall
The S&P 500 Index ($SPX) (SPY) closed up by +0.17% on Friday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down by -0.18%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.67%. December E-mini S&P futures (E…
3 Bullish Setups for the Week Ahead
On Wall Street, the single, most reliable truth teller is the price and volume action in stocks. Though headlines can be misleading, economic indicators lag, and fundamentals aren’t always priced in right away, price an…