The central bank delivered another quarter-point rate cut on Wednesday. Why that decision "could look reckless†come January, according to one investment manager. ...

Core Insights - Rivian Automotive executives have focused on their vision for artificial intelligence and self-driving vehicles, but this has not yet translated into positive stock performance [1] Company Focus - The company is emphasizing its commitment to artificial intelligence and self-driving technology as part of its long-term strategy [1] - Despite the ambitious vision, the current market reaction has not been favorable, as indicated by the stock's decline of 8.14% [1]

Core Viewpoint - The Federal Reserve's interest-rate cut is expected to positively impact underperforming markets, with Bank of America identifying significant investment opportunities in this context [1] Group 1: Market Impact - The Fed's decision to lower interest rates could stimulate economic activity and improve market conditions for lagging sectors [1] - Bank of America views the current market situation as presenting a "great business on sale," indicating potential for substantial returns on investment [1] Group 2: Investment Opportunities - The interest-rate cut may lead to increased consumer spending and business investment, which could benefit various industries [1] - Analysts suggest that sectors that have been struggling may see a turnaround as borrowing costs decrease, making it easier for companies to finance growth [1]

Quantum computing could be a $205 billion market within a decade, according to an analyst who recommends IonQ, Rigetti and D-Wave shares for investors willing to look past "lumpy†revenue. ...

Shares of Oracle plunged 14% Thursday morning and sent a shiver through the entire AI trade as investors questioned the sustainability of Big Tech's spending. ...

Group 1 - The U.S. healthcare sector is currently undervalued, making it appealing to investors who are wary of the high valuations in the S&P 500 after several years of a bull market [1]

Core Insights - Disney has entered into a partnership with OpenAI, enabling fans to create short-form clips featuring Disney characters [1] Group 1 - The collaboration aims to enhance fan engagement by allowing user-generated content [1] - This initiative reflects a growing trend in the entertainment industry towards leveraging AI technology for creative purposes [1] - The deal may open new revenue streams for Disney through potential licensing and monetization of user-generated content [1]

Core Insights - Gemini Space Station shares have received positive news as the cryptocurrency exchange has gained approval to enter the prediction-markets business [1] Company Summary - The approval marks a significant milestone for Gemini, potentially expanding its business operations and attracting new investors [1]

Core Viewpoint - The number of unemployment benefit applications surged to a three-month high following Thanksgiving, but this increase is largely attributed to the holiday effects, with minimal evidence indicating a significant rise in layoffs across the U.S. [1] Summary by Relevant Categories Unemployment Benefits - Applications for unemployment benefits reached a three-month peak after Thanksgiving [1] - The spike in applications is considered exaggerated due to the holiday season [1] Layoff Trends - There is little evidence to suggest that layoffs in the U.S. are increasing rapidly [1]

Eli Lilly's "triple g†drug helped patients lose about 28.7% of their body weight while also reducing pain associated with knee osteoarthritis in a Phase 3 trial. ...