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S&P 500 hits intraday high, boosted by Netflix, AI investment plan

STORY: Wall Streets main indexes rose Wednesday, with the S&P 500 hitting an intraday record high thanks to strong Netflix earnings and a rally in tech shares.The Dow gained three-tenths of a percent, the S&P climbed about six-tenths and the tech-heavy Nasdaq added nearly 1.3%.Shares of Netflix surged more than 9.5% after the company reported a record number of subscribers for the holiday quarter and said its raising prices in multiple markets including the U.S. and Canada.Investors also piled...

Saudi crown prince seeks $600 bln investment push with U.S.

Saudi Arabian Crown Prince Mohammed bin Salman told President Donald Trump that the kindgom seeks to expand its investments and trade relations with the United States over the next four years by at least $600 billion, the Saudi State news agency said early on Thursday.

Bislang kein Cannabis-Club in Bayern genehmigt

Berlin - Laut dem Cannabis-Gesetz ist der Cannabis-Anbau auch in nicht-kommerziellen Anbauvereinigungen erlaubt. Seit 1. Juli 2024 können diese sogenannten Cannabis-Clubs dazu einen Antrag in dem j...

Think the Netflix Growth Story Is Over? Heres Why the Streaming Stock Is a Must-Own in 2025.

Netflix (NASDAQ: NFLX) was one of the best stocks of the 2010s. After an initial misstep with Qwikster, Netflix successfully transitioned from a DVD-by-mail business to a streaming one and delivered phenomenal growth over the decade as it expanded around the world and made streaming mainstream. In the 2020s, Netflix has faced new challenges, as nearly every legacy streaming platform launched its own streaming service, and Netflix growth stalled following a surge during the pandemic. That said, i...

Steve Pagliuca

Alex Rodriguez and Jason Kelly talk with Boston Celtics Co-Owner Steve Pagliuca about how to build a winning team and what lessons he’s been able to take to his new Italian football club, Atalanta.  (Source: Bloomberg)

This Common Social Security Myth Leaves Too Many Retirees Struggling to Get By

Roughly 1 in 4 retirees have no savings, according to a recent Clever survey. There are several reasons for this, including living paycheck to paycheck and having to pay for unplanned expenses. These obstacles can be challenging to overcome, but theyre not the only reasons many retirees come up short. Theres a popular Social Security misconception that refuses to die, and nearly 3 in 10 retirees bought into it, per the Clever survey. Heres what you need to know to avoid falling into the same ...

XAI Madison Equity Premium Income Fund Will Host an Informational Webinar on February 4, 2025

CHICAGO, Jan. 22, 2025 (GLOBE NEWSWIRE) -- XAI Madison Equity Premium Income Fund (NYSE: MCN) (the “Fund”) today announced that it plans to host a webinar on February 4, 2025, at 11:00 am (Eastern Time). MCN employs a covered call equity strategy that seeks to generate income and gains. On the webinar, the Fund’s management team will review the benefits and risks of a hedged equity approach to investing. Jared Hagen, Vice President at XA Investments (“XAI”) will moderate the webinar with Kimbe...

Arm CEO Says Trump AI Pact Has Widespread Support

Arm Chief Executive Officer Rene Haas discusses the company’s role in the joint venture formed by SoftBank, OpenAI and Oracle to fund artificial intelligence infrastructure with an initial investment of $100 billion.

Why Official Trump Is Plummeting Today

The Official Trump cryptocurrency is seeing substantial sell-offs today. The cryptocurrencys token price was down 17.8% over the previous 24 hours of trading as of 5:15 p.m. ET Wednesday. Trump Official is a meme coin that was launched by President Trump last Friday. While the coin saw an explosive valuation out of the gate, its been volatile in subsequent trading -- and its seeing a valuation pullback today as investors weigh its implications for the cryptocurrency space.Where to invest $1,0...

Hims & Hers Health, Inc. (HIMS) Stock Declines While Market Improves: Some Information for Investors

Hims & Hers Health, Inc. (HIMS) closed at $29.72 in the latest trading session, marking a -0.3% move from the prior day. This move lagged the S&P 500s daily gain of 0.61%. Elsewhere, the Dow gained 0.3%, while the tech-heavy Nasdaq added 1.28%. The the stock of company has risen by 5.9% in the past month, leading the Medical sectors gain of 1.64% and the S&P 500s gain of 2.08%. Analysts and investors alike will be keeping a close eye on the...

Bloomberg Markets 01/22/2025

"Bloomberg Markets" follows the market moves across every global asset class and discusses the biggest issues for Wall Street. Todays guest are: Bailey Lipschultz, Bloomberg News, Jeff Green, Bloomberg News, and Bonnie Herzog, Goldman Sachs Senior Consumer Analyst. (Source: Bloomberg)

Asian Stocks to Trend Higher After S&P 500 Surges: Markets Wrap

(Bloomberg) -- Stocks in Asia are set to edge higher after a rally in big tech, fueled by optimism over artificial intelligence and a batch of earnings from corporate heavyweights, sent the S&P 500 to the brink of an all-time high close.Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpDonations to LA Fire Victims Rise Past $200 Million MarkNY’s Hochul Calls for Law Banning Cell Phone Use i

Tesla-Aktie: Teslas Model 3 wird in China teurer

• Preise aller Varianten des Model 3 steigen um 3.600 Yuan• Basisversion bietet jetzt 634 Kilometer Reichweite nach CLTC-Standard, ein Plus von 28 Kilometern • Käufer müssen weiterhin mit Lieferzeiten von 1 bis 3 Wochen rechnen

Kinder Morgan Aktie: Zahlen zum Quartalsende erwartet

Die Aktien des US-Pipeline-Betreibers Kinder Morgan verzeichneten im nachbörslichen Handel einen Rückgang von etwa einem Prozent, nachdem die Quartalsergebnisse die Erwartungen der Wall Street nich...