After two years of annual gains north of 20% for the S&P 500 (^GSPC), Wall Street strategists think 2025 will see a more measured year for stocks. On Monday, BMO Capital Markets chief investment strategist Brian Belski initiated a 2025 year-end target of 6,700 for the S&P 500. On Sunday, Morgan Stanley chief investment officer Mike Wilson issued a 12-month target of 6,500 for the S&P 500. Belski’s target reflects
A convoy of 109 UN aid lorries carrying food was violently looted in Gaza on Saturday, the UN agency for Palestinian refugees (Unrwa) says. Ninety-seven of the lorries were lost and their drivers were forced at gunpoint to unload their aid after passing through the Israeli-controlled Kerem Shalom crossing with southern Gaza, in what is believed to have been one of the worst incidents of its kind. Eyewitnesses said the
A passenger waits for assistance at the Spirit Airlines check-in counter in the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines has filed for Chapter 11 bankruptcy protection, becoming the first major U.S. passenger carrier to do so since American Airlines 13 years ago. The budget travel icon is not shutting down, however. The filing will buy Spirit time and protection
Check out the companies making headlines in midday trading: Spirit Airlines — Trading in shares of the discount airline was halted on Monday after Spirit filed for bankruptcy . Trump Media & Technology Group — Shares in President-elect Donald Trump’s media company pulled back roughly 5%. Although the stock has been increasingly volatile in the wake of Trump’s election, it has gained more than 52% in 2024. Liberty Energy ,
QXO’s Brad Jacobs has built companies in logistics and other sectors through acquisitions. Source link
Fundstrat Head of Research Tom Lee has emphasized that Bitcoin’s recent surge could mark the beginning of a sustained rally. With Bitcoin’s price climbing 34% in November and currently trading near $91,395, Tom Lee outlined several factors suggesting the cryptocurrency’s upward momentum may persist. Tom Lee Highlights Why Bitcoin Price Rally May Continue Speaking in an interview with CNBC, Fundstrat Head of Research Tom Lee noted that Bitcoin’s recent price
November 18, 2024 – Austin, United States Big Time Studios, a Web 3.0 gaming trailblazer and creator of the Open Loot platform and hit game Big Time – which has already processed half a billion dollars in total transaction volume – is making waves again. Active users of the Open Loot platform will soon be able to collect OL, the marketplace’s first utility token, which will become the cornerstone of
Super Micro Computer (NASDAQ: SMCI) stock has been in free fall for the last six months. A myriad of issues related to its accounting practices have spooked investors. After the company announced it would have to delay the release of its 10-K annual report for its fiscal 2024 ended June 30, it also faced the possibility of its stock being delisted from the Nasdaq Stock Exchange. It has now hit
The August Wilson adaptation “The Piano Lesson” is an impassioned family drama but it is also a profound ghost story Source link
A Russian software company has invited a seven-year-old coding prodigy to join its management team, as soon as he is old enough to take up paid employment. Sergey from the Russian city of St Petersburg has built a name for himself, uploading videos that explain how to write software since he was five. On the strength of those videos, the information security firm Pro32 sent him a written job offer,
