Investors are facing another jam-packed week of Big Tech earnings as uncertainty looms over markets (^GSPC, ^IXIC, ^DJI). Jim Carroll, Ballast Rock private wealth senior wealth advisor and portfolio manager, joins Wealth to explain why the classic 60/40 portfolio allocation may be falling short amid recent bouts of market volatility. To watch more expert insights and analysis on the latest market action, check out more Wealth here.
MicroAlgo Inc. (NASDAQ: MLGO), (the "Company"), a leading developer and application provider of bespoke central processing algorithms, today announced its financial results for the year ended December 31, 2024. The Company reported total revenues of RMB 541.5 million (USD 75.3 million) and net income of RMB 53.4 million (USD 7.3 million), marking a significant turnaround from the previous year's net loss of RMB 266.2 million and net loss of RMB 46.54 million in 2022. This return to profitability
As part of today's Market Minute, Brad Smith examines some of the trading session's top stories. China's Huawei is reportedly testing a new artificial intelligence (AI) chip to rival Nvidia (NVDA), according to reporting from the Wall Street Journal. Plug Power (PLUG) stock surges after announcing a $525 million debt deal. Airbus (AIR.PA) is buying plants from Spirit Aerosystems (SPR) as Boeing (BA) is set to acquire the rest of the parts company. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
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