Articles

Nordstrom to go private after doing the math on facing bigger rivals

Retailer has been publicly traded since 1971 but said it sees better growth prospects ahead as a private business.

10-year Treasury yield near 7-month high to kick off holiday-shortened week

Treasury yields edged higher Monday, with the key 10-year rate above 4.5% after last week hitting its highest since late May as the Federal Reserve reined in expectations for rate cuts in 2025.

MicroStrategy paid well over $100,000 per coin in its latest bitcoin purchases

MicroStrategy’s stock falls after the sale of $561 million worth of shares was used to buy bitcoin at more than $106,000 each.

Tesla recalls nearly 700,000 EVs for tire-safety issue, but owners can sit tight

Tesla recalls about 700,000 vehicles, but the software fix has already started.

After $775 million Tether investment, Rumble’s tender offer should alleviate investor liquidity concerns, analyst says

Video platform Rumble announced a $775 million investment from crypto giant Tether on Friday.

Honda and Nissan have made merger talks official. Why Honda’s U.S.-listed shares are flying.

Honda was looking at the second-biggest one-day percentage gain since Oct. 28, 2008.

Two-year U.S. manufacturing slump shows little sign of ending

American manufacturers might be more optimistic about ending a two-year slump after a business friendly Trump administration takes over in 2025, but they are ending the current year on a sour note.

Fund managers see AI delivering big gains for these 5 stocks — including Duolingo

These innovative companies are using artificial intelligence in ways that can boost earnings growth.

The coming global interest-rate collapse will force four Fed-rate cuts in 2025

Economic pain worldwide will trigger capital flight to U.S. Treasurys, driving down those yields, investment manager Louis Navellier says. The Fed will follow.

Oil prices begin week on down note

Oil futures traded modestly lower early Monday, extending a decline seen the previous week in response to a surging U.S. dollar and worries about the outlook for demand, particularly from China, the world’s largest crude importer.

Hyatt may add hotels in Mexico, Jamaica with potential Playa merger

Playa Hotels & Resorts NV’s stock was rallying 11% in premarket trading on Monday after the company said it agreed to enter into exclusive strategic talks with Hyatt Hotels Corp. in a move that would boost the larger hotel chain’s presence in Jamaica, Mexico and the Dominican Republic.

Here are the year’s losing stocks that could see a big rebound in early 2025

Tax-loss selling candidates such as Nike, could surprise investors with big gains in 2025, say Evercore strategists.
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