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Dec 18, 2024
AI monetization will drive tech stock growth in 2025
-- Earnings growth driven by AI monetization will be a “key barometer for tech stocks in 2025,” Barclays (LON:BARC) strategists led by Venu Krishna said in a...
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Dec 18, 2024
Confirmation hearing for defense secretary nominee Pete Hegseth set for Jan. 14
-- The U.S. Senate Armed Services Committee has planned a confirmation hearing for Pete Hegseth, the nominee for secretary of defense, on Jan. 14, 2025, according to...
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Dec 18, 2024
Navy shipbuilding gets $5.7B boost for labor costs, positive for General Dynamics and Huntington Ingalls - TD Cowen
TD Cowen analyst Roman Schweizer highlighted that Congress agreed to a Continuing Resolution (CR) that will fund the U.S. government through March 14, 2024, and includes $100...
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Dec 18, 2024
Merck stock rises following Hansoh Pharma deal
-- Shares of pharmaceutical giant Merck & Co ., Inc. (NYSE:MRK) edged up 1.6% in premarket trading following news of a significant licensing agreement with Chinese...
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Dec 18, 2024
Dow Inc. shares rise after Evercore ISI upgrades to 'outperform'
-- Shares of Dow Inc (NYSE:DOW). rose on Wednesday during pre-market trading following an upgrade from analysts at Evercore ISI.  The brokerage shifted its rating on...
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Dec 18, 2024
Boeing restarts production of 767 and 777 models
On Monday, Boeing Co (NYSE:BA). announced the recommencement of production for its 767 and 777 aircraft models, following a halt caused by an extensive worker strike. The...
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Dec 18, 2024
Oklo shares rise on Switch power agreement
-- Shares of Oklo Inc. (NYSE: OKLO) climbed 7% following news of the company entering a non-binding Master Power Agreement with Switch (NYSE:SWCH), a notable player...
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Dec 18, 2024
Saudi Arabia eyes lithium production for electric vehicle batteries
-- Saudi Arabia is currently exploring the potential for lithium production, a key component in electric vehicle batteries, as part of its broader economic shift away...
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Dec 18, 2024
CFPB takes measures against illegal credit card practices, takes action against American Express and Bank of America
-- The Consumer Financial Protection Bureau (CFPB) announced significant actions today to protect consumers from illegal credit card practices and help them save on...
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Dec 18, 2024
AMD and LuminArx invest $333 million in cloud startup Vultr- report
-- Advanced Micro Devices (NASDAQ:AMD) and hedge fund LuminArx Capital Management have invested $333 million in a growth financing round for cloud startup Vultr,...
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