Ford Motor Company (F), a global automotive leader with a market cap of $41.3 billion, has seen its stock decline 30% below its 52-week high of $14.85. The company’s shares have underperformed the Consumer Discretionary Select Sector SPDR Fund’s (XLY) gains over the past year, losing 6.9% compared to XLY’s 34.7%. Ford’s share price has … Read more
Amazon warehouse workers in several US cities are threatening to strike over contract negotiations and safety concerns. The workers, who have already unionized at two facilities, have set a deadline of December 15 for the company to agree to begin talks on their first collective bargaining agreement. The strike is part of a broader effort … Read more
Nvidia’s stock has surged over 239% in 2023, and investors expect another year of strong growth in 2025. However, as the company’s data center business transitions to more advanced hardware for artificial intelligence (AI), concerns about slowing revenue growth and increased competition from AMD are emerging. Key data points indicate a slowdown in revenue growth, … Read more
A new study suggests that driving an ambulance or taxi may lower the risk of Alzheimer’s disease. Researchers from Harvard Medical School analyzed over 9 million US deaths between 2020 and 2022, finding a significantly lower proportion of Alzheimer’s-related deaths among individuals who drove taxis and ambulances. The team discovered that 1.03% of taxi driver … Read more
The Nasdaq closed at a record high on Monday, driven by optimism over interest rate cuts and the latest economic data. The S&P 500 also rose, with investors monitoring the Federal Reserve’s final policy meeting of the year for guidance on the path of interest rates. The market is nearly fully priced in for a … Read more
Get the most out of your holiday shopping with these fantastic stocking stuffer ideas under $10. From relaxation and beauty to fun novelty gifts, we’ve got you covered. Relaxation and Beauty Sheet masks, lip balm, and foot repair cream are perfect for dry winter skin. Try Dr. Scholl’s Foot Repair Cream ($6) or Eunyul Purity … Read more
Nvidia shares are experiencing a correction, with the stock closing in this territory on Monday. This move has sparked concerns among investors. In a recent podcast, Microsoft’s CEO Satya Nadella made comments that may be contributing to this trend. During an interview with Brad Gerstner and Bill Gurley on BG2Pod, Nadella stated, “Power yes…I am … Read more
French far-right leader Marine Le Pen expressed optimism after meeting with Prime Minister Francois Bayrou, saying she was “listened to” during their conversation. The talks, which also included party leaders Jordan Bardella and others from various parties, are part of Bayrou’s efforts to form a new government. Source: https://www.bloomberg.com/news/articles/2024-12-16/bayrou-meeting-with-le-pen-leaves-her-more-positive-on-method
South Korea’s investigators failed to raid President Yoon Suk Yeol’s office for the second time this month, as they were denied entry by the presidential security service. The team was seeking phone records and computer server access to gather evidence about Yoon’s martial law declaration. The investigation follows a short-lived martial law declaration that was … Read more
The US stock market opened mixed on Monday, with the Dow Jones falling 0.25% while the Nasdaq rose 1.2%. The S&P 500 also posted gains, rising nearly 0.4%. However, investors are bracing for hawkish signals from updated Fed projections, which may signal a slower pace of rate cuts and upward revisions. Several stocks stood out … Read more