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Economy

AI boom, Fed rate cuts lift U.S. stocks to new highs in 2024

(Reuters) – U.S. stocks index futures edged higher in the last trading session of 2024, continuing its bull run from more than…
Economy

China’s GDP to hit government’s target for 2024: President Xi

Investing.com — China’s economy is on track to expand by about 5% in 2024, President Xi Jinping said, signaling the country is…
Stock

4 reasons why the post-election S&P 500 rally has been losing steam: Yardeni

Investing.com — The post-election rally in the S&P 500 has been faltering since early December, peaking at a record high on December…
Stock

Sangamo stock crashes 50% after Pfizer terminates HemoA gene therapy deal

Investing.com — Sangamo Therapeutics Inc (NASDAQ:SGMO) announced on Monday that Pfizer (NYSE:PFE) has ended their partnership to co-develop a gene therapy for…
Stock

Huachen AI Parking Management Technology Holding Co Files for 1.5M Share IPO at $4-$6/sh

Huachen AI Parking Management Technology Holding Co (HCAI) has filed for 1,500,000 share IPO at $4-$6 per share. This post appeared first…
Stock

Tesla’s Shanghai megafactory starts trial production, Xinhua reports

Investing.com — Tesla’s (NASDAQ:TSLA) energy storage gigafactory in Shanghai has entered trial production, just seven months after construction began, with full-scale production…
Stock

OneConstruction Group Limited Announces Pricing of Initial Public Offering, 1.75M Shares at $4/Unit

OneConstruction Group Limited (“OneConstruction Group” or the “Company“), a structural steelwork contractor in Hong Kong, today announced the pricing of its initial…
Economy

European stocks slip as bond yields stay high

(Reuters) – European stocks edged lower on Monday as elevated government bond yields prompted investors to pull out of equities at the…
Economy

Turkey’s fuel, tobacco tax moves will not harm inflation goal, Simsek says

ISTANBUL (Reuters) – Turkey’s tax hikes for fuel and tobacco next year will be set in a way that will not endanger…
Economy

Wall St futures slip on elevated Treasury yields

(Reuters) – U.S. stock index futures slipped in light trading volumes on Monday as elevated Treasury yields threatened to pressure a historically…
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