News & Updates

US stocks rose (^DJI, ^IXIC, ^GSPC) in Monday's trading session, the Nasdaq Composite's gains just shy of 1%. Market Domination Overtime host Josh Lipton breaks down the performances of the market averages coming off of December's consumer confidence print from this morning. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Luke Carberry Mogan.

The stock market rallied in the final hour of trading on Monday as those still on Wall Street looked to get their last trades in before the market closes early on Christmas Eve. The Nasdaq Composite was up 1%. Through 3 p.m. ET, 9.06 billion shares traded hands across U.S. exchanges, according to Dow Jones Market Data.

Provides update on Super Photonics Joint Venture and recently announced US$25 Million Public OfferingTORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- POET Technologies Inc. (“POET” or the “Corporation”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today announced that it has signed a Master Agreement, an Optical Engine Purch

United Parcel Service (UPS) is just one of Powers Advisory Group Managing Partner Matt Powers' top picks for 2025, calling the postal carrier and logistics operator as having "defensive characteristics and high valuations" as it looks to get carried by several tailwinds next year. UPS is set to release fourth quarter earnings results on January 30, 2025. Powers sits down with Wealth host Brad Smith to talk about the other opportunities he is seeing across markets (^DJI, ^IXIC, ^GSPC) in the new year. "Broadening it looks like so all 11 major sectors are actually expected to have year over year earnings increases in 2025. And I think we had or will have seven of the 11 this year, which suggests broadening out," Powers tells Yahoo Finance. "But the S&P [500] is trading at 21 times forward earnings, while dividend growth equities which is kind of our core focus are at 19 times. So we see again going back to that back-to-basics approach shifting towards value and just underappreciated areas of the market." To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

This lawsuit is part of a broader legal conflict between Netflix and Broadcom that began in 2018.

The Magnificent 7 big-cap stocks have had a great 2024. But which should you be buying for 2025?

Goldman Sachs senior US internet sector equity research analyst Eric Sheridan believes the tech industry is in good hands with 2025 just on the horizon. His top pick for 2025 and large-cap stocks, in fact, is rideshare giant Uber Technologies (UBER). "When we looked at Uber we see a couple of things: Number one, an outsized risk reward. Our fair value is $96... with we believe not much downside. The stock also has gotten caught up in a lot of debates in the last few months... [including] the debate around Waymo and what will happen to autonomous vehicles over the next three, five, seven, ten years," Sheridan tells Catalyst hosts Seana Smith and Brian Sozzi. Sheridan also shares his favorable outlook on Magnificent Seven players Alphabet (GOOG, GOOGL), Amazon (AMZN), and Meta Platforms (META). “Amazon, among those three, probably has the most upside. We believe Amazon still has exposure to the widest collection of the secular themes you want exposure to in the digital economy,” Sheridan says. “Media consumption habits, shopping, cloud computing, AI — these are all themes you want a lot of exposure to." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Josh Lynch

Nordstrom said Monday that it would be taken private after agreeing to be acquired by members of the Nordstrom family and a Mexican department store company. The Nordstrom family and El Puerto de Liverpool will purchase all outstanding common shares they don’t already own in a cash transaction valued at roughly $6.25 billion on an enterprise basis, Nordstrom said. Shareholders will receive $24.25 in cash for each share of Nordstrom common stock they hold.

Microsoft is diversifying AI models for its 365 Copilot product to enhance efficiency and reduce costs.

The second half of December is typically the second-strongest period of the year for U.S. equities, according to Bank of America.