PRODUCT OF THE YEAR Why Nvidia's Blackwell chip is leading the AI revolution Taiwan - Delayed Quote • TWD (061119.TW) Follow Compare 2.3600 0.0000 (0.00%) At close: December 13 at 11:25:58 AM GMT+8 Related News Big Tech is dominating the market once again — and that's probably just fine: Morning Brief December is shaping up to be a tale of two markets. Fed decision, Micron earnings, housing data: What to Watch Hosts Julie Hyman and Josh Lipton detail the top market news to watch for tomorrow, Wednesday, December 18. Investors are focused on the Federal Reserve as the Federal Open Market Committee (FOMC) Meeting concludes tomorrow. The central bank is set to announce its interest rate decision at 2 p.m. ET, and market participants are expecting a potential 25-basis-point cut to interest rates. On the earnings front, Wall Street will scrutinize quarterly reports from Micron Technology (MU), Lennar (LEN), General Mills (GIS), and Birkenstock (BIRK). Additionally, monthly Housing Starts and Building Permits data will provide crucial insights into the current state of the housing market. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith Nvidia stock slides amid AI spending slowdown fears, increased competition Nvidia stock sank more than 2% early Tuesday, putting the AI chipmaker down 14% from its record high closing price of $148.88 in early November. Teva, Cloudflare, Sanofi: Trending Tickers Morning Brief Co-Host Seana Smith sits down with Wealth! Host Brad Smith take a look at the top trending tickers on Yahoo Finance's platform. Teva Pharmaceutical Industries (TEVA) and Sanofi (SNY) gain on promising data for their experimental drug for inflammatory bowel disease. Cloudflare (NET) shares rise after Stifel analysts upgrade the stock to Buy from Hold, citing industry leadership, sales performance, and artificial intelligence (AI) momentum. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Naomi Buchanan. Fed meeting, Nvidia selloff, November retail sales: 3 Things US stock futures (ES=F, NQ=F, YM=F) recede Tuesday morning as the Federal Reserve begins its two-day December policy meeting today, where it is expected to announce another 25 basis point cut to interest rates tomorrow. Nvidia (NVDA) pulls back even more as its stock tumbles below a $130 share price, entering correction territory as the chip stock falls 11% since its record high above $148 on November 7. November retail sales data came out higher than economists expected with sales rising 0.7% month-over-month, bolstered by Cyber Week promotions. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. 5 Things to Know Before the Stock Market Opens News of the day for Dec. 18, 2024 Corvus Pharmaceuticals Announces Interim Data from Placebo-Controlled Phase 1 Clinical Trial of Soquelitinib for Atopic Dermatitis Data from lowest dose level cohorts demonstrate a favorable safety and efficacy profile Data includes complete results from cohort 1 and initial results from cohort 2 Early exercise of common stock warrants from stockholder generates cash proceeds of approximately $12.7 million Company to host conference call and webcast today at 8:00 a.m. ET / 5:00 a.m. PT BURLINGAME, Calif., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS), a clinical-stage biopharmaceutical compan Nvidia Stock Rises After Slump. Don’t Call It a Comeback Yet. The chip maker's shares have tumbled 12% since early November as a number of factors have sparked concerns among investors. 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. Trending tickers: Pfizer, Micron, Nissan, Teva and National Grid The latest investor updates on stocks that are trending on Wednesday. Cloud AI Startup Vultr Raises $333 Million at $3.5 Billion Valuation Chip giant Advanced Micro Devices and hedge fund LuminArx Capital Management raised $333 million for a growth financing round for cloud startup Vultr, a sign of the hot demand for artificial intelligence infrastructure. Birkenstock Q4: Earnings Beat, Revenue Surge, Margin Pressure & More Birkenstock Holding plc (NYSE:BIRK) shares are trading lower after the company reported the fourth-quarter fiscal 2024 results. Revenue grew 22% year over year on a reported and constant currency basis to 456 million euros. Adjusted EPS stood at 0.29 euro, up 107% Y/Y, in the quarter. In USD, revenue of $500.93 million beat the street view of $439.29 million, and adjusted EPS of $0.32 exceeded the consensus of $0.26. The company witnessed double-digit revenue growth across all segments, includin Top analyst revisits Nvidia stock price target after correction slump Nvidia shares are now trading at the lowest levels since early October. Here's Where You'll Find the Best Stocks of 2025 There are some investments you can make that will stand a good chance of making you a part owner of some of 2025's best stock performers. You can do so via a low-fee S&P 500 index fund that will immediately have you invested in 500 of America's biggest companies -- including all of the "Magnificent Seven" -- Apple, Amazon (Google's parent), Alphabet (Facebook's parent), Meta Platforms, Microsoft, Nvidia, and Tesla. You might cast an even wider net by investing in an index fund that aims to deliver the performance of the total U.S. stock market, or one that tracks the total world stock market. Honda and Nissan Confirm Merger Talks. Why Trump’s Tariffs Will Drive Auto Consolidation. Honda Motor and Nissan Motor said they were considering a merger or other partnership Wednesday, in a sign the Japanese car makers could be fretting that Donald Trump’s imminent return to the White House might hit their bottom lines. The auto industry heavyweights said Wednesday that they were “considering various possibilities for future collaboration,” but added that a final decision hadn’t yet been made. Honda’s American depositary receipts slipped 3.1% in Wednesday’s premarket. The Dow’s Losing Streak Isn’t a Huge Worry for Markets, Why the Fed Is. And 5 Other Things to Know Today. Auto giants Nissan and Honda explore a potential merger, what better-than-expected retail sales mean for the Fed, and more news to start your day. Citi Reiterates Buy Rating on Micron Technology, Inc. (MU), Predicts DRAM Recovery and $150 Target We recently compiled a list of the Top 12 AI Stock News and Ratings Dominating Wall Street. In this article, we are going to take a look at where Micron Technology, Inc. (NASDAQ:MU) stands against the other AI stocks. There is a growing concern in Silicon Valley that the progress around artificial intelligence is slowly “losing […] Nvidia’s (NVDA) Dependence On Microsoft (MSFT) Is A Non-Issue With Its Tech Dominance The nature of Artificial Intelligence developments is such that whoever sits on vast amounts of data or has the highest speed of processing data to produce meaningful results will lead the AI world. This is one reason why Big Tech has invested heavily in AI infrastructure, even though they aren’t making a meaningful financial return […] Birkenstock Aims for Firmer Footing After Tough Year for Profitability The Sandal-maker is targeting healthier margins after its profitability stumbled during fiscal 2024 amid an unfavorable sales mix and investment in factory capacity. Polyrizon's Moving Forward with Expected 2025 Clinical Trial - Entered Manufacturing Agreement for its PL-14 Allergy Blocker The engagement with an EU-based GMP manufacturing facility enables timely production and preparation for clinical trial. The EU-based GMP manufacturer has large-scale commercial production capabilities, to support Polyrizon in future commercialization efforts Raanana, Israel, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Polyrizon Ltd. (the "Company" or "Polyrizon"), a development stage biotech company specializing in the development of innovative intranasal hydrogels, previously announced that it entered i