Technology stocks have scored a major win in 2024, recording top performances in the S&P 500 and Dow Jones Industrial Average. The biggest gainers in each were Palantir Technologies and Nvidia (NASDAQ: NVDA), respectively, thanks to the artificial intelligence (AI) boom. Investors are excited about the technology’s potential to make companies more efficient and even produce […]

Key Takeaways Palantir shares are likely to be in the spotlight on Monday after the Nasdaq announced late Friday that the analytics software provider had been added to the Nasdaq 100 Index. The stock has continued to trend sharply higher after breaking out from a cup and handle pattern, though the relative strength index cautions

(Reuters) -Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve. Bitcoin, the world’s biggest and best known cryptocurrency, hit a high of $106,533 and last traded

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Noah Berger | Getty Images Entertainment | Getty Images Amazon CEO Andy Jassy’s note sent this fall to employees about corporate culture drew

By Kevin Buckland TOKYO (Reuters) – The U.S. dollar hovered close to a three-week peak versus major peers on Monday amid expectations the Federal Reserve will cut interest rates this week but then signal a measured pace of easing for 2025. Bitcoin soared above $105,000 for the first time, buoyed by signs President-elect Donald Trump

‘The Fed Is Lagging And Knows It,’ Says Grant Cardone, Hinting At December Surprise Rate Slash Grant Cardone is stirring the pot again. The entrepreneur and real estate mogul tweeted, “U.S. inflation of 2.7% is higher than the real economy. FED is lagging and KNOWS it. Watch for a surprise .50bp cut in December.” Cardone’s

SpaceX, founded in 2002 by Elon Musk, has transformed aerospace by creating reusable rockets and dramatically reducing launch costs. From achieving the first commercial spacecraft to dock with the International Space Station to developing the Starship, the world’s largest rocket system, the company has consistently lifted off with important new space technology. Building on these

Cavan Images | Cavan | Getty Images Last month, Congress moved to take rare bipartisan action to change certain Social Security rules. The House of Representatives on Nov. 12 passed the Social Security Fairness Act by an overwhelming 327 to 75 majority. The proposal would eliminate rules that reduce Social Security benefits for those who

Kal Freight’s bankruptcy reveals fraud. (Photo: Jim Allen/FreightWaves) In a stunning turn of events, California-based trucking company Kal Freight Inc. has filed for Chapter 11 bankruptcy protection, unveiling a web of fraudulent activities that have sent shockwaves through the industry. The company faces serious allegations of financial misconduct and asset mismanagement. According to a filing

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the final full trading week of 2024 with the monthly ‘China data dump’ landing on Monday, and with investors leaning toward keeping the stock market bull run going as central banks around the world go into easing mode.