SURPRISE OF THE YEAR Why General Motors is Yahoo Finance's 2024 winner Dusseldorf - Delayed Quote • EUR Investor AB N (IVSD.DU) Follow Compare 25.60 -0.31 (-1.18%) As of 4:31:37 PM GMT+1. Market Open. Related News Waymo goes international: Alphabet-owned robotaxi coming to Tokyo Waymo, the robotaxi company owned by Alphabet (GOOG, GOOGL), is set to partner with Japan's largest taxi operator Nihon Kotsu and a taxi-hailing app GO in Tokyo in early 2025. Waymo is also looking to expand domestically in Miami sometime in 2026. Catalysts Co-hosts Seana Smith and Madison Mills discuss the announcement and what it means for Waymo and Alphabet. General Motors (GM) is also set to scrap Cruise, its autonomous driving business, and integrate it into its other units. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Broadcom stock eases on post-earnings rally as Nvidia tumbles Broadcom (AVGO) is letting up some of its post-earnings steam, though the AI chip stock is still up by 34% over the past five trading day's and 42% over the past month. The Morning Brief's Seana Smith and Brad Smith compare Broadcom's trading patterns as of late with that of Nvidia's (NVDA), as the latter slips further from its all-time high from November 7 and enters correction territory this week. 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. Nvidia stock slides further while entering correction territory Nvidia (NVDA) stock is struggling in pre-market trading on Tuesday, extending its recent decline after tumbling into correction territory. The chipmaker's shares have shed over 11% from its record high close at $148.87 per share on November 7. Morning Brief anchors Seana Smith and Brad Smith analyze the correction, exploring rising competitive pressures and other market factors influencing the stock's performance. 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 Why GM stock still looks super cheap – but maybe not for long It has been a year to remember for the auto industry. Tesla (TSLA) unveiled a cab that doesn’t need a driver. General Motors' (GM) stock is on fire. And EV maker Fisker went bust. Yahoo Finance Executive Editor Brian Sozzi sits down with widely followed Bank of America auto analyst John Murphy. Murphy made headlines recently for a very bullish on note on Tesla following a visit to the company’s Texas Gigafactory. The two dive into that call, but also into the future of General Motors. GM has secured Yahoo Finance’s “Surprise of the Year” award after consistently beating earnings estimates this year. The company has executed impressively on new product introductions, cost cuts, and stock buybacks. Shares have surged higher as a result. Can the gains for GM continue in 2025 as incoming President Trump aims to enact stiffer tariffs? For full episodes of Opening Bid, listen on your favorite podcast platform or watch on our website. Mag 7 stocks serve as defensive plays in 2025: Citi strategist 2024 has been "one big valuation surprise" that has been "dominated by the [Magnificent] Seven megacap growth cohort," Citi head of US equity strategy Scott Chonert tells Julie Hyman and Josh Lipton on Market Domination. The strategist says not only does the Magnificent Seven group, made up of Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL), has more room to run in 2025, the stocks could actually function as a defensive play amid market uncertainty. "We're thinking the Mag Seven actually unfold as a quasi staple," Chronert says, explaining, "Usually you go to [consumer] staples when you have uncertain economic conditions because of the persistence of earnings growth." "The Mag Seven, we think, that forward-looking earnings growth for certainly for [2025] and probably into [2026] is fairly visible. So all told, when you get concerned about other things at work in the market and the economy, the Mag Seven actually have this potential to be a quote, defensive if you will." The strategist highlights the phrase "growth is defensive," saying, "That's what's going on here." He notes, "These companies probably can't just live on meeting expectations. They need to continue to meet beat and then probably raise forward expectations as well" to maintain their "defensive" status. 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. Trump & chip sector: Investors need 'supply chain resilience plan' President-elect Donald Trump has made tariffs a key focus of his second term in the White House, proposing a 60% tariff on all goods from China. The impact of Trump's second term on the semiconductor sector, which has become especially important during the artificial intelligence (AI) era, has been debated, given the impact of tariffs and uncertainty around the CHIPS and Science Act. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead and Tufts University professor of International History Christopher Miller join Seana Smith and Madison Mills on Catalysts to discuss their outlook for the chip sector under Trump 2.0. Moorhead expects Trump to be a "net positive" for the chip sector: "Trump doesn't want to be the president that tanked the tech stock market, and he certainly could do that if he puts any weight on the chip stocks that have been a tremendous part of the growth over the last four years." "With all of the advanced semiconductor manufacturing leaving the United States, or most of it, Trump's trying to get the best deal to bring it back in. I do not believe he will tank the stock market or major industries to make that happen," Moorhead notes. Miller — the author of Chip War: The Fight for World's Most Critical Technology — says Trump's chip policy is "being defined right now by the president-elect and his incoming administration," adding that tariffs will likely be a key component of his approach to the semiconductor sector, though there will likely be negotiations between his proposals and the actual policies. Amid uncertainty about Trump's actual policies and their impacts on chipmakers, Moorhead cautions investors saying they "should be looking into every one of their investment plays and seeing if they have a supply chain resilience plan. It's a what if [plan]." Watch the video above to learn more about the US-China trade war, the impact of major chipmakers, and more. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan. Nvidia Hits Sell Trigger Again As Massive 'Achilles Heel' Risk Emerges; Is Nvidia A Buy Or Sell Now? Nvidia fell further on Tuesday after the stock triggered a sell signal on reports that a voltage module it was testing for its Blackwell chip system faced "severe thermal issues". Nvidia fell below it for the first time since Sept. 12 on Tuesday last week — ending a nearly three-month-long stint above the benchmark. Key customer risk may well be Nvidia's Achilles' heel and make it vulnerable to fluctuations in demand from its main clients. Nvidia stock slumps into a correction and Broadcom sinks despite its 'Nvidia moment' Nvidia (NVDA) stock is in correction territory, and rival chipmaker Broadcom’s (AVGO) late-year boost took a hit Tuesday morning. Pfizer Shares Jump 4% on Positive 2025 Outlook Despite $1B Impact Pfizer Confirms Strong 2024 Outlook, Sees $1B Impact from Medicare Changes Magnificent Seven Stocks: Nvidia Stock Sells Off; Tesla Rallies To New Highs Nvidia stock sold off Tuesday, while Tesla rallied to more record highs. Apple and Google also hit new highs. Can Tesla Stock Go to $500, or $700? Maybe. The epic rally in Tesla stock has left investors and traders gasping. They might not get a chance to catch their breath anytime soon. Getting To Know Quantum Computing and Its Real Application in Daily Life The Quantum Leap: Understanding the Technology and its Impact on Our Lives Nukkleus, Inc. Achieves Strategic Milestone with Acquisition of a Controlling Stake in Star 26 a Defense-focus acquisition company and a provider of Israel's Iron Dome Missile Defense System Dec 17, 2024 - Nukkleus, Inc. (NASDAQ: NUKK), a pioneer in the fintech sector traditionally focused on the cryptocurrency market, announced that it has successfully acquired a 51% controlling stake in Star 26 Capital Inc., a defense acquisition company holding 95% ownership in RIMON. RIMON is a leading Israeli supplier of critical components for the Iron Dome missile defense system, as well as other defense and tactical solutions. Pfizer’s In-Line Guidance Offers Relief to Weary Investors (Bloomberg) -- Pfizer Inc. forecast 2025 sales and earnings in line with analysts’ projections, a step toward fending off an activist investor’s claims that the drugmaker is being mismanaged.Most Read from BloombergHow California Sees the World, and ItselfHong Kong's Expat Party Hub Reshaped by Chinese InfluxLondon’s Tube Fares Are Set to Rise by 4.6% Next YearRevenue next year will be $61 billion to $64 billion, Pfizer said Tuesday in a statement. Wall Street analysts surveyed by Bloomberg expe Teva Catapults 20%, Nearing A Five-Year High, After Scoring A Win With Sanofi-Tied Drug Teva stock catapulted Tuesday after its inflammatory bowel disease treatment showed "best-in-class potential" in a Phase 2 study. Goldman Sachs upgrades SolarEdge to ‘buy’ on recovery hopes Investing.com -- Goldman Sachs upgraded SolarEdge Technologies Inc (NASDAQ:SEDG) to buy from sell, on early signs of a recovery and the company’s shrink-to-grow restructuring strategy, which is expected to stabilize its balance sheet. Alphabet, Tesla Shares Are Rising. Waymo Autonomous Taxis Will Reach Japan. Waymo Japanese test is its first outside the U.S., where the Alphabet units completes more than 150,000 driverless cab rides a week. Trump Wants to End EV Credits. Toyota Is the First to Respond. Tuesday, Toyota announced it was slashing the price of its most popular battery electric vehicle by $6,000. Tesla Stock Soars 170%: Why Wall Street Says the Best Is Yet to Come Wall Street sees Tesla hitting $515+, powered by self-driving tech, energy growth, and affordable EVs. Nvidia Falls 2% as AI Slowdown Fears, Overheating Rumors, and China Probe Hit Stock Nvidia slides 2% as AI growth worries and regulatory scrutiny weigh, keeping shares 14% below record highs