PRODUCT OF THE YEAR Why Nvidia's Blackwell chip is leading the AI revolution HKSE - Delayed Quote • HKD (64227.HK) Follow Compare 0.063 -0.010 (-13.70%) At close: 3:34:19 PM 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. Trending tickers: Pfizer, Micron, Nissan, Teva and National Grid The latest investor updates on stocks that are trending on Wednesday. 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 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. 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 […] 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 Meet the 3 Artificial Intelligence (AI) Stocks Dan Ives Says Will Become The First Members of the $4 Trillion Club in 2025 In areas including software, hardware, cloud computing, social media, e-commerce and more, all of these companies are playing major roles in the AI revolution. Dan Ives, a managing director and senior analyst at Wedbush Securities, recently published his top 10 predictions for the tech sector in 2025. While it's clear that Ives is bullish on the industry as a whole, he foresees AI tailwinds propelling Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA) into the $4 trillion club next year. Birkenstock: Fiscal Q4 Earnings Snapshot LONDON (AP) — Birkenstock Holding PLC (BIRK) on Wednesday reported fiscal fourth-quarter net income of $57.7 million, after reporting a loss in the same period a year earlier. On a per-share basis, the London-based company said it had net income of 31 cents. Earnings, adjusted for non-recurring costs, were 32 cents per share. These Stocks Are Moving the Most Today: Tesla, Nvidia, Honda, Nissan, Micron, Heico, 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. Wedbush sees potential for sharp move upwards in Micron after earnings Investing.com -- Micron (NASDAQ:MU) shares could see a sharp move upwards if the memory chipmaker’s upcoming earnings results and guidance come in line with expectations, according to Wedbush analysts. Broadcom Joins the $1 Trillion Club: Is This Growth Stock a Buy Before the End of the Year? The tech giant's market cap just rose by more than $200 billion in a single day. 2024 Has Been a Year of Extremes in the Stock Market. Can It Last? As extended as some trends have become this year, investors shouldn’t assume that they are about to revert to the mean. Nissan’s Top Shareholder Renault Said Open to Honda Talks (Bloomberg) -- Renault SA is open to Nissan Motor Co. pursuing merger talks with Honda Motor Co. as the French automaker seeks way to insulate itself from the crisis plaguing its long-time alliance partner, according to people familiar with the situation.Most Read from BloombergHow California Sees the World, and ItselfRenault is eager for the Japanese company to find ways to become stronger given it isn’t itself willing to inject cash into Nissan, said the people, who asked not to be identified Renault open in principle to Nissan pursuing merger talks with Honda, sources say Bloomberg first reported Renault's position. Japanese auto giants Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that could help them share more resources to face tough competition. "On principle, Renault Group supports Nissan's efforts to restore business situation," a spokesperson for the French automaker said on Wednesday, but declined to comment on the current merger talks. Sanofi and Teva’s duvakitug meets primary endpoints in Phase IIb trial The study is designed to evaluate the therapy in adults with moderate to severe UC or CD.