SURPRISE OF THE YEAR Why General Motors is Yahoo Finance's 2024 winner Berlin - Delayed Quote • EUR (NGXB.BE) Follow Compare 148.69 +2.22 (+1.52%) As of 4:48:08 PM GMT+1. Market Open. Related News Trump pledges to 'knock out' middleman, health insurer stocks react Health insurance providers, including CVS Health (CVS), Cigna (CI), and UnitedHealth (UNH), are under pressure following comments from President-elect Donald Trump. “We're going to knock out the middleman,” Trump said at a press conference on Monday, referring to pharmacy benefit managers (PBM) that negotiate drug prices between the manufacturer and the pharmacy. He added, “We're going to get drug costs down at levels that nobody has ever seen before.” Catalysts Co-hosts Seana Smith and Madison Mills take a closer look at the market moves and the president-elect’s comments. 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 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. Pfizer issues 2025 outlook in-line with Wall Street, shares rise Pfizer's (PFE) stock moved higher in Tuesday's pre-market trading after the pharmaceutical giant issued an upbeat full-year outlook for 2025. The company projected annual sales between $61 billion and $64 billion, with earnings per share estimates at $2.80 to $3 — both metrics coming in line with Wall Street projections. Additionally, the company reaffirmed its 2024 full-year guidance, estimating earnings per share between $2.75 and $2.95. Morning Brief anchors Seana Smith and Brad Smith break down the details and weigh in on the company's outlook on PBM (pharmacy benefit manager) reform. 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 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. GM stock surged in 2024. CEO Mary Barra says this is why. General Motors (GM) was named Yahoo Finance's 2024 Surprise of the Year. The automaker's stock is up more than 40% in a year in which rivals Ford (F) and Stellantis (STLA) saw their share prices fall by double-digit percentages. GM CEO Mary Barra credits the company's portfolio of vehicles, telling Yahoo Finance Executive Editor Brian Sozzi, "We have the strongest internal combustion engine portfolio we've had in a long time. And this, for General Motors, was the year of EVs. The portfolio of EVs that we have that cover the different segments, from luxury to value, really has given consumers choice between ICE and EV and I think that's what's fueling our profitability." Looking ahead, Barra wants to work on scaling the EV business because "scale is going to be so important to drive to profitability." She also acknowledged that "difficult decisions" were made in order to set GM up for success, including exiting the robotaxi business and absorbing the Cruise unit into the division developing fully autonomous personal vehicles. On GM's plan to make only electric vehicles by 2035, Barra says it will ultimately be up to what the consumer wants. "We're going to be guided by the consumer. We want to give the consumer choice. What do they want to drive? We don't want to get into a situation where regulations are driving us to force something into the market that's not what they want." Watch the video above to hear what Barra has to say about the possibility of more tariffs on the horizon. For more expert insight and the latest market action, click here This post was written by Stephanie Mikulich. Does the 'Magnificent Seven' have more room to run in 2025? The "Magnificent Seven" tech stocks — Apple (AAPL), Amazon (AMZN), Alphabet (GOOG, GOOGL), Meta Platforms (META), Microsoft (MSFT), Tesla (TSLA), and Nvidia (NVDA) — have continued to lead market gains in 2024, surging approximately 70%. Asking for a Trend Anchor Josh Lipton delves into the market momentum behind these tech giants, exploring Wall Street's perspectives on their potential for continued growth in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith 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.