PRODUCT OF THE YEAR Why Nvidia's Blackwell chip is leading the AI revolution Taiwan - Delayed Quote • TWD (060140.TW) Follow Compare 1.1600 -0.1000 (-7.94%) At close: 1:22:28 PM GMT+8 Related News Stock market today: Dow looks to snap longest losing streak since 1978 with Fed decision on deck Stocks eyed a rebound Wednesday, with the blue-chip Dow looking to snap its longest losing streak since 1978 Fed decision looms, Nvidia looks to rebound: Yahoo Finance Wall Street is bracing for the Fed’s latest interest rate decision, due out at 2 p.m. ET. Yahoo Finance will bring you the decision live. Nvidia (NVDA) shares are looking to rebound after the Dow (^DJI) component entered correction territory amid recent pressure. The company’s Blackwell chip was just named the Yahoo Finance product of the year. Trending tickers on Yahoo Finance include Teva Pharmaceutical Industries (TEVA), Pfizer (PFE), and Nissan (NSANY). Key guests include:9 a.m. ET - Frances Donald, RBC Chief Economist10 a.m. ET - Jay Woods, Freedom Capital Markets Chief Global Strategist10:15 a.m. ET - Adam Sullivan, Core Scientific CEO10:30 a.m. ET - Mozelle Thompson, Former FTC Commissioner10:45 a.m. ET - Lawrence Yun, National Association of Realtors Chief Economist The Fed could be on the verge of ripping up its rate script for 2025 Investors are betting a final 2024 rate cut this week is a sure thing from the Federal Reserve this week, but the bigger question is whether the central bank is ready to scale back what it expects to do in 2025. Stock market today: Dow logs longest losing streak since 1978 as stocks slide ahead of Fed decision The Fed meeting kicks off with investors on alert for clues to the path of rates after the widely expected December cut. Trump weighs eliminating EV tax credit. What it means for the auto industry. According to a new Reuters report, President-elect Donald Trump is expected to eliminate the electric vehicle (EV) tax credit. His administration is also considering rolling back investments in EV infrastructure, including charging stations and battery development. AutoGuide Editorial Director Greg Migliore joins Wealth! to analyze these potential changes. Migliore suggests that eliminating the EV tax credit could cause EV demand to "take a hit" as increased costs shift to consumers. He predicts this policy change might boost demand for hybrid and traditional gas-powered vehicles. When asked about automakers best positioned to weather these potential changes, Migliore identifies General Motors (GM), Ford (F), Hyundai (HYMTF), Toyota (TM), and Honda (HMC). He points to their diverse vehicle lineups spanning both EVs and conventional gas-powered options across various price points. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith Dow sinks for ninth straight session ahead of Fed decision As US stocks (^DJI, ^IXIC, ^GSPC) close Tuesday's session lower, the Dow Jones Industrial Average is the chief laggard as it falls for its ninth straight trading day. Wall Street is eagerly awaiting the Federal Reserve's last interest rate decision of the year at the conclusion of the central bank's policy meeting tomorrow. Market Domination Overtime's Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the biggest market and sector trends from this trading day. 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. Global economy to struggle in 2025, US the 'bright spot': Strategist With 2025 right around the corner, Summit Place Financial Advisors founder and president Liz Miller joins Wealth! Host Brad Smith to make a case for US stocks (^DJI,^GSPC, ^IXIC). "As we look into 2025, what we're seeing is a global economy that's likely to be struggling, and the one bright spot is probably the United States," Miller says. She explains her investment strategy given her US-centric economic outlook, saying, "What we look for across the board is, certainly, domestic exposure in terms of sales versus global" as well as positive cash flow and improving leverage "with the [current] rate environment." Miller highlights Hartford Financial (HIG) and Disney (DIS) as stocks she expects to gain in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. The good news is already priced into US equities: Strategist BNP Paribas Asset Management chief market strategist Daniel Morris says while the good news is priced in for US stocks (^DJI,^GSPC, ^IXIC), yet, the market remains his top regional pick. "All the good news is likely to be priced into US equities and perhaps all the bad news priced into, for example, European equities," Morris says, explaining, "At that point, the marginal surprise really should be coming out of Europe. So, I think that's what we want to be watching for." The strategist notes, "For the most part, you would anticipate probably still above average economic growth in the US for the next year or so over the long term." He adds, "We're still overweight [for] most US equities because we think the fundamentals support it, and even if it is a consensus trade, that doesn't necessarily make it the wrong one." He says that exposure to emerging markets can help diversify investors' portfolios, and highlights Asian markets: "Asia clearly also has several semiconductor angles that I think you can look at in the medium term." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Is the GM stock rally just beginning? Bank of America's John Murphy stops by to discuss why it's good to be GM right now and for the foreseeable future. GM has secured the Yahoo Finance Surprise of the Year award. Is Rivian Stock A Buy Or A Sell Amid 50% Rally Since $6.6 Billion Government Loan? Rivian shares have plummeted 30% in 2024 as the EV startup is looking to challenge Tesla, Ford, General Motors and other autos with its adventure-styled electric vehicles. RIVN shares dropped 1.2% during premarket trade on Wednesday after falling 4.2% to 14.70 on Tuesday. Rivian said in the announcement that, if the loan is finalized, it plans to use the federal money for the development and construction of its EV plant in Georgia, which would have an annual production capacity of 400,000 vehicles. Is Tesla Stock A Buy Or A Sell After Latest Price Target Hike During 90% 'Trump Bump'? Tesla is on a 90% tear since Donald Trump's election win, as investors speculate that self-driving is coming soon, with the Trump administration easing the regulatory path for autonomous vehicles. Tesla shares dropped 1.7% during premarket action on Wednesday after advancing 3.6% to 479.86, hitting a record high of 483.99, on Tuesday. On Sunday, Wedbush Securities analyst Dan Ives, a longtime Tesla bull, raised his Tesla stock price target to 515, up from 400. Toyota Motors: Facing Challenges, but Strong EV Future Ahead Toyota's electrification progress is notable, but short-term challenges remain As Gig Workers Face Decreased Profits, Questions Over Financial Protection Arise According to Lindsay Cameron, an assistant professor of management at the University of Pennsylvania's Wharton School of Business, workers who have full-time jobs can feel the impact of changes to their part-time gig work. 5 Things to Know Before the Stock Market Opens News of the day for Dec. 18, 2024 Boeing Resumes Production of Airplanes, Including 737 Boeing’s factories in the Pacific Northwest have come back online using a safety-management system to identify and address potential issues and ensure an orderly restart, said Chief Operating Officer Stephanie Pope. General Mills Lowers Profit Outlook on Price Cuts (Bloomberg) -- Cheerios maker General Mills Inc. lowered its profit outlook for fiscal 2025 in order to invest in price reductions to drive sales.Most Read from BloombergHow California Sees the World, and ItselfThe company now expects adjusted earnings per share to range between a decline of 3% to 1%, compared with a previous range of down 1% to up 1%.The shares fell 3% before the start of regular trading on Wednesday in New York. The stock has risen 1.2% so far this year through Tuesday’s close These Stocks Are Moving the Most Today: Tesla, Nvidia, Honda, Nissan, Micron, General Mills, and More Tesla stock falls after closing at another record high, Nvidia shares trade higher, and Honda and Nissan confirm they are exploring a merger. Micron reports quarterly earnings Wednesday. The S&P 500 Recently Hit Another Record High. Should You Wait Until the New Year to Invest in It? After declining by over 18% in 2022, the S&P 500 has been on a roll for the past two years. In 2023, the U.S. stock market's most important index gained over 24%, and so far in 2024 it has gained over 26%. With this 2024 run, the S&P 500 has hit a new high, reaching over 6,090. The China Shock Behind the Honda-Nissan Merger Talks The merger talks between Honda and Nissan are the latest example of companies trying to respond to the competitive threat from China. Trending tickers: Pfizer, Micron, Nissan, Teva and National Grid The latest investor updates on stocks that are trending on Wednesday.