The US Federal Reserve on Wednesday cut its policy rate by 25 basis points, the third consecutive reduction. The policy rate, which was widely expected to signal a deliberate pivot toward easier policy as officials weigh slower labor market momentum and persistent but moderating inflation. ...

Core Viewpoint - Uber Technologies is facing increasing regulatory challenges in Europe, as indicated by a wave of protests impacting ride-hailing platforms [1] Group 1: Regulatory Environment - Protests in Europe are signaling growing regulatory headwinds for ride-hailing companies like Uber [1] Group 2: Market Reaction - Uber's stock is inching down in response to the regulatory pressures and protests occurring in Europe [1]

Core Insights - GameStop, known for its meme stock status, is facing challenges in its efforts to reinvent itself [1] Financial Performance - The company reported an increase in quarterly profit, indicating some positive financial movement [1] - However, sales figures were not specified, suggesting potential concerns regarding overall revenue growth [1]

Nvidia shares were down 1.4% at $182.36 on Wednesday after slipping 0.3% in the previous session, while the S&P 500 was flat and the Dow Jones Industrial Average rose 0.2%. ...

Core Viewpoint - Tesla stock (NASDAQ: TSLA) remains highly favored among retail investors, who are eager to purchase shares during price dips, but the associated risks of investing in Tesla have significantly increased recently [1] Group 1 - Tesla is one of the most popular stocks on Wall Street, indicating strong retail investor interest [1] - Retail investors are actively looking to buy Tesla shares when prices decline, demonstrating a bullish sentiment [1] - The risk profile for investing in Tesla stock has escalated, suggesting potential volatility and uncertainty in future performance [1]

Core Insights - The Dow Jones Index has experienced significant growth, trading at $47,560, which is a 30% increase from its lowest point of $28,662 in April 2022 [1][2] Performance Overview - The Dow Jones Index, along with the S&P 500 and Nasdaq 100, has benefited from Federal Reserve interest rate cuts, strong earnings growth, and the artificial intelligence boom [2] - Most companies in the Dow Jones Index and its top ETF, the DIA, have shown substantial gains this year, with only 7 companies, including UnitedHealth, Salesforce, Nike, and Procter & Gamble, experiencing declines [3] Top Gainers - Caterpillar (CAT) has emerged as the best-performing company in the Dow Jones Index, with a stock price increase of 62%, resulting in a market capitalization exceeding $278 billion [4] - Goldman Sachs Group (GS) is the second-best performer, with a stock rise of 51% and a market capitalization of $262 billion, benefiting from a trading boom and increased corporate activities [6] - IBM has seen a 40% increase in stock price, bolstered by its acquisition of Confluent and a 9% revenue growth to $16.3 billion, with its AI business reaching $9.5 billion [8][9] - Other notable gainers include Nvidia, Cisco Systems, 3M, JPMorgan, and American Express, all of which have increased by over 21% this year [10] Financial Performance - Caterpillar's revenue rose from $16.1 billion to a record $17.6 billion, although its operating profit slightly declined to $3.1 billion, with adjusted profit per share decreasing from $5.17 to $4.95 [5] - Goldman Sachs reported a revenue increase to $15.18 billion and net earnings of $4.1 billion, driven by strong performance in Global Banking & Markets and asset & wealth management [7]

Microsoft stock (NASDAQ: MSFT) dropped sharply on Wednesday amid investor concerns about whether the company's commanding position in enterprise AI is genuinely unassailable. While the company has pou... ...

US stocks were little changed Wednesday as markets awaited the Federal Reserve's last interest rate decision of 2025. The Dow Jones Industrial Average traded along the flatline, matching the muted moves in the S&P 500, while the Nasdaq Composite dipped 0.2%. ...

The rate-cut scenario has become the prime focus of the Federal Reserve's FOMC meeting on Wednesday. And, while the markets are already pricing in a quarter-point rate cut, the traders are more interested in the future guidance and the dynamics of policy rates in 2026. ...

GE Vernova stock price has had a strong performance after its public market debut in March last year. It has jumped from around $100 to $625, bringing its market capitalization to over $170 billion. ...