$NVDA NEWS Nvidia stock rebounds from rut as analysts stay bullish on its outlook Taipei Exchange - Delayed Quote • TWD Topview Optronics Corporation (6556.TWO) Follow Compare 84.80 +1.00 (+1.19%) At close: 1:30:21 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 Why the Mag 7 trade is far from over: Chart of the Day Bank of America (BAC) released its Global Fund Manager Survey on Tuesday, offering market insights from top institutional, mutual, and hedge fund managers. Today's Chart of the Day features anchor Madison Mills examining the increasing allocation to the Magnificent Seven stocks — Apple (AAPL), Meta Platforms (META), Amazon (AMZN), Microsoft (MSFT), Alphabet (GOOG, GOOGL), Nvidia (NVDA), and Tesla (TSLA) — and exploring the potential for continued growth in this investment trend. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Tesla's Shanghai factory head leaves company, according to letter The plant manager of Tesla's (TSLA) Shanghai gigafactory, Song Gang, has left the company, according to a letter he wrote to staff on Wednesday. The Morning Brief anchors Madison Mills and Brad Smith report more on this story and what this could mean for Tesla's position in China's EV and broad autos market. Watch CFRA analyst Garrett Nelson explain to Yahoo Finance why he believes Tesla will be the "biggest winner" in 2025. 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. Wall Street is betting the Fed will deliver a final 2024 rate cut and get more cautious about 2025 Investors widely expect the Federal Reserve to cut interest rates Wednesday by a quarter percentage point, but their bigger question is whether the central bank is ready to scale back its expected cuts for 2025. Large-cap value stocks will lead market in 2025: BofA strategist A few big names have led the market (^DJI,^GSPC, ^IXIC) higher in 2024, but as investors consider their strategy for the near year, can these same names lead 2025? Bank of America Securities head of US equity strategy and US quantitative strategy Savita Subramanian sits down with Julie Hyman and Josh Lipton on Market Domination to share her market outlook for 2025 and explain why she believes large-cap value stocks will lead the way. Subramanian's team at BofA currently hold a 6,666 year-end price target for the S&P 500 in 2025. "When you look at the market, the S&P itself is a tale of two stories," Subramanian says," explaining, "You've got this very top-heavy benchmark where there's a few really expensive tech companies that have been leading the market, and then you've got the rest of the S&P 500 where the average stock is trading at, I think, close to the deepest discount we've seen in the history of our data relative to the index." The strategist says she's bullish about the S&P 500 in the long term because "despite the fact that inflation went from negative to 9% to 3%, I mean, you would have thought we'd see some kind of hiccup in margins, but corporates did what they usually do, which is when they realize that things are getting more expensive, they focus on efficiency." Looking to 2025, Subramanian says, "I think we're going to see large-cap value stocks really crush it," outlining that "large-cap value is under the radar." "Think about what's in large-cap value. It's big regulated companies that are going to get a break under a regulatory light administration. That's one thing we know about the red sweep and a Trump 2.0 cycle, the strategist says, highlighting energy, industrials, materials, and real estate as sectors to benefit. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. 2 things Wall Street has wrong about Trump 2.0: M&A and inflation Ahead of President-elect Donald Trump's return to the White House, Bank of America Securities head of US equity strategy and US quantitative strategy Savita Subramanian sits down with Market Domination Hosts Julie Hyman and Josh Lipton to talk about what the market has wrong about the Trump trade. "The market is reading the Trump trade as just really excellent for M&A. And M&A is going to be the big theme over the next few years just because now companies can engage in M&A where they were blocked in prior years, [but] I think this is wrong," Subramanian says. The strategist explains, "I think companies are going to buy other companies if there's accretion, if there's value. Being able to buy a company, that's a necessary condition for engaging in M&A, but actually unlocking value and finding accretive value, that's really what companies want to do." Another thing Subramanian says Wall Street has wrong about Trump's second term is "the idea that the Trump trade is just purely inflationary, that's also, I think, incorrect or maybe oversimplifying the issue." She outlines that, while tariffs are "potentially inflationary," tax cuts "could be actually disinflationary." To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Nasdaq, 'super-bullish' sentiment, bitcoin: Market Takeaways While the Dow Jones Industrial Average (^DJI) closes lower for its ninth consecutive session, the Nasdaq Composite (^IXIC) continues to float around its all-time record high above 20,100. Yahoo Finance markets and data editor Jared Blikre joins Asking for a Trend to lay out the biggest market themes of today's trading session, including Bank of America's global fund managers survey which notes "super-bullish" risk sentiments from traders and bitcoin's (BTC-USD) record run above $106,000. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Luke Carberry Mogan. Tesla stock jumps to another high as Mizuho more than doubles price target to $515 Tesla stock’s end-of-year rampage rolled on, with shares hitting another high based on optimism for Tesla's "autonomous opportunity" and a Trump-controlled executive branch. Commercial real estate to be 'pain point' for some banks: Strategist The financial sector (XLF) is readying itself for an eventful 2025, with many on Wall Street expecting an uptick in dealmaking amid possible deregulations under the second Trump administration. Whalen Global Advisors Chairman Chris Whalen sits down with Seana Smith and Madison Mills on Catalysts to talk more about the financial sector. Whalen Global Advisors LLC manages several indexes tracking bank stocks and the financial sector: the WGA Bank Top 10 Index (WBXSW), WGA Bank Top 25 Index (WBXXVW), WGA Bank Top 50 Index (WBLW). "We like to focus on quality and performance. So I think for the better performers in the group, you could see more expansion, frankly. American Express (AXP) could probably flirt with six times book value next year unless we see a negative come around," Whalen tells Yahoo Finance. "But, you know, I don't see that right now. If anything, you know, we've had three quarters where the banks have moved very much." Whalen goes on to call commercial real estate one of the "only pain point[s]" for the industry, but warning: "Banks that don't have a lot of consumer or commercial exposures are going to be fine. Banks that specialize in commercial real estate or have historically specialized in multifamily in some of the blue states, some of the larger cities are going to be taking pain." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. Investors' allocation to US stocks hits record high amid 'super-bullish sentiment': BofA survey Increased optimism about growth in the US economy and new policies from the Trump administration have investors growing increasingly bullish on US stocks heading into 2025. The Dow rises 225 points as Nvidia stock rebounds and markets wait for the Fed The Dow Jones Industrial Average rose more than 200 points Wednesday morning, recovering some ground after a nine-day losing streak as investors braced for the Federal Reserve’s last interest rate decision of the year. US Stocks Grind Higher Before Fed; Brazil on Edge: Markets Wrap (Bloomberg) -- US stocks climbed as investors braced for the Federal Reserve’s final policy decision of 2024 and its outlook for next year.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe S&P 500 rose 0.3% while the Nasdaq 100 fluctuated between modest gains and losses. The Dow Jones Industrial Average jumped, putting it on track to snap its longest losing streak since 1978. The yield on the 10-year Treasury hovered around 4.40%.Subscribe to the Bloomber Go, Dow, Go. UnitedHealth and Nvidia Rally. The Dow’s bid to snap its losing streak picked up steam midmorning. The blue-chip index was up 230 points, or 0.5%, shortly before 11 a.m. ET. It has fallen nine trading days in a row, which is its longest losing streak since 1978. Magnificent Seven Stocks: Nvidia Stock Rallies; Tesla Slides From Record Highs Nvidia stock rebounded sharply Wednesday, while Tesla skidded from record highs. Meta is above a buy point. MicroStrategy’s Saylor Wants to Add More ‘Intelligent Leverage’ (Bloomberg) -- MicroStrategy Inc. co-founder and Chairman Michael Saylor says he wants to add more “intelligence leverage” for shareholders of the dot-com-era software maker turned leveraged Bitcoin proxy. Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More Dangerous“We have $7.2 billion dollars in converts, and $4 billion is essentially equity through the strike price, the call price, and they are trading with a delta of approximately 100%, they are looking like equity Wedbush Analyst Reaffirms Tesla, Inc. (TSLA) as a Buy with $515 Target, Predicts $2 Trillion Valuation by 2025 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 Tesla, Inc. (NASDAQ:TSLA) stands against the other AI stocks. There is a growing concern in Silicon Valley that the progress around artificial intelligence is slowly “losing steam”. CNBC’s […] Hunting For Magnificent Growth Next Year? Check Out These 7 Stocks. None of our picks is Nvidia or Amazon or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth. Coinbase Responds to Lawsuit From BiT Global Over wBTC Delisting Coinbase has issued a response to a lawsuit filed by BiT Global, a company affiliated with Justin Sun, after the exchange announced it would delist wrapped Bitcoin (wBTC) on Dec. 19. General Mills Lowers Profit Outlook on Price Cuts (Bloomberg) -- Cheerios maker General Mills Inc. lowered its profit outlook for fiscal 2025 as it moves to cut prices.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousGeneral Mills Chief Executive Officer Jeff Harmening said in the earnings statement that the company made investments “to bring consumers greater value.” Even as it also lowered the company’s profit outlook, Harmening said the move positions it for “sustainable growth in fiscal 2026 and beyond. BlackRock ETF Buys First Muni Bonds Issued Through Blockchain (Bloomberg) -- A BlackRock Inc. fund has bought municipal debt issued earlier this year in a first-of-its-kind deal that relies exclusively on blockchain technology.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousBlackRock purchased the bonds through an actively-managed exchange-traded fund called the iShares Short Maturity Municipal Bond Active ETF or MEAR, according to a spokesperson for the firm. The fund was founded in 2015 and has roughly $750 million Performance Overview Trailing total returns as of 12/18/2024, which may include dividends or other distributions. Benchmark is TSEC CAPITALIZATION WEIGHTED ST Return 6556.TWO TSEC CAPITALIZATION WEIGHTED ST YTD -1.00% +29.21% 1-Year +2.97% +31.09% 3-Year +35.54% +30.07%