Tag: Stocks and Bonds

Nikola, E.V. Start-Up That Once Thrilled Investors, Files for Bankruptcy

Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday. Founded in 2015, Nikola promised to develop long-haul semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle. Its share […]

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They’ve Been Waiting Years to Go Public. They’re Still Waiting.

Turo, a car rental start-up in San Francisco, has been trying to go public since 2021. But a volatile stock market in early 2022 delayed its listing. Since then, the company has waited for the right moment. Last week, Turo pulled its listing entirely. “Now is not the right time,” Andre Haddad, the company’s chief […]

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Which Interest Rate Should You Care About?

Watch out for interest rates. Not the short-term rates controlled by the Federal Reserve. Barring an unforeseen financial crisis, they’re not going anywhere, especially not after the jump in inflation reported by the government on Wednesday. Instead, pay attention to the 10-year Treasury yield, which has been bouncing around since the election from about 4.8 […]

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Why Investors Appear Unfazed by the Latest Trump Tariffs

Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks have managed to sell off most of the $12.5 billion worth of debt owed by X, his social network, to eager buyers. Investors are essentially betting that the company’s future is […]

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Stocks Drop After Hotter Than Expected Inflation Reading

Stocks on Wall Street slumped at the start of trading on Wednesday, dragged lower by data that showed consumer prices rose more than expected in January, leaving the Federal Reserve little cause to lower interest rates again soon. The S&P 500 fell roughly 1 percent as trading got underway. The Nasdaq Composite index, which is […]

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After DeepSeek Upended the Market, Is It Worth Investing in A.I.?

A.I. chatbots are fun, sometimes even useful and, until recently, endowed with the uncanny ability to mesmerize investors and fuel the U.S. stock market. But the excellent performance of a new, relatively cheap artificial intelligence engine from a Chinese start-up, DeepSeek, has perturbed the market and complicated the A.I. story. Investors are re-evaluating prominent companies […]

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Stocks Fall Around the World as Trump Tariffs Loom

President Trump’s decision to impose sweeping tariffs on some of America’s largest trading partners sent shock waves through markets across the globe on Monday. The dollar strengthened, oil prices rose and major stock indexes in the United States fell at the start of trading on Monday, though the S&P 500 and the technology-heavy Nasdaq later […]

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The Fed Is Sitting on the Sidelines, but for How Long?

Financial markets have survived a series of rapid-fire miniature crises lately. What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare moment of peace for the Fed, an […]

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Tesla’s Profit Fell Sharply Last Year

Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in the market for electric cars. The company, which is led by Elon Musk, said it made a profit of $2.3 billion during the last three months of 2024. That […]

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Frontier Airlines Offers to Buy Spirit Airlines, Again

Frontier Airlines is again trying to join forces with Spirit Airlines, three years after the companies failed to complete a proposed merger. On Wednesday, Frontier said it was willing to pay $2.1 billion in stock and cash for Spirit, a deal that would unite the nation’s two largest budget carriers and could reshape competition in […]

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Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China

Howard Lutnick, a wealthy donor who President Trump has picked to lead the Commerce Department, will face questioning about his financial holdings and potential conflicts of interest in a nomination hearing before the Senate Wednesday. Mr. Lutnick is the chief executive and chairman at Cantor Fitzgerald, a Wall Street brokerage, and holds executive positions at […]

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Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing

Howard Lutnick, a wealthy donor to President Trump who has been picked to lead the Commerce Department, defended Mr. Trump’s plans to impose broad tariffs and said he would take a tough stance on technology sales to China during his Senate confirmation hearing on Wednesday. If confirmed, Mr. Lutnick would lead on trade policy and […]

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Nvidia’s Fall Shows an Uncertain A.I. Future

During Monday’s stock market swoon, Nvidia, the artificial intelligence giant, lost nearly $600 billion in value, the biggest single-day loss for a public company on record. How could the fortunes of one of our leading companies fall so far so suddenly? While some will seek answers in the promising A.I. start-up coming out of China […]

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Chevron Wants to Tap Into A.I. Boom by Selling Electricity to Data Centers

The artificial intelligence boom has turbocharged demand for electricity, and everyone who is anyone in the U.S. energy industry wants a piece of the action. The latest entrant is Chevron, the country’s second-largest oil and gas company, which sees opportunity in building natural gas-fueled power plants that will feed energy directly to data centers. Chevron […]

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Japan Stocks Sink as Rout in Technology Shares Spreads to Asia

A sell-off in the biggest technology companies in the United States rippled into Asia on Tuesday, with stock markets in Japan falling as U.S. markets appeared to stabilize. Japan’s tech-heavy Nikkei 225 fell 1.4 percent with Softbank, the Japanese investment firm with major holdings in the technology sector, falling about 5 percent. Arm Holdings, the […]

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Nvidia Reels After DeepSeek’s A.I. Breakthrough

Nvidia, which soared to the top of the stock market by selling the computer chips fueling the world’s artificial intelligence boom, has been dealt a tough reality check by a small Chinese company that showed it could do more with less of what Nvidia makes. On Monday, shares of Nvidia plunged more than 16 percent […]

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Oil Companies Embrace Trump, but Not ‘Drill, Baby, Drill’

President Trump is swinging American energy policy sharply in favor of fossil fuels, but oil and gas companies say those changes won’t push them to engage in the frenzy of new drilling that Mr. Trump wants. The oil industry is thrilled by Mr. Trump’s executive orders, which are designed to make life harder for renewable […]

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Stocks Markets Fall Sharply as Investors Worry About China’s AI Advances

Stock markets fell sharply on Monday, dragged down by fears that advances in artificial intelligence by Chinese upstarts could threaten the moneymaking power of American technology giants. The Chinese A.I. company DeepSeek has made waves by matching the capabilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading A.I. companies […]

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DeepSeek Prompts a Reckoning Across Wall Street and Silicon Valley

The DeepSeek effect Markets are on edge on Monday, as global tech investors face a $1 trillion wipeout. The cause: anxiety that the emergence of powerful — and cheap — Chinese artificial intelligence software could upend the economics of A.I. Nasdaq futures have plummeted nearly 4 percent. And shares in Nvidia, the chipmaker whose processors […]

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For Investors, the Business of America Is Still Business

“The chief business of the American people is business.” That declaration by Calvin Coolidge has been shortened and simplified since that Republican president uttered it before an assembly of newspaper editors a century ago. But the notion that the business of America is business was on conspicuous display at President Trump’s inauguration. It may be […]

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S&P 500 Hits Record High Amid Strong Earnings and Easing Inflation Concerns

The S&P 500 clambered back to a record high on Thursday, inching above a peak reached in early December, after a rally that began with easing inflation concerns tipped over the threshold as President Donald J. Trump reiterated his commitment to bring down oil prices — a major component of inflation. The S&P 500 rose […]

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India’s Economy Slows Down Just When It Was Supposed to Speed Up

A year ago, India was bouncing back from a recession caused by Covid-19 with a spring in its step. The country had overtaken China as the most populous country, and its leaders were declaring India the world’s fastest-growing major economy. This was music to the ears of foreign investors, and to India’s prime minister, Narendra […]

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JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits

A swath of the nation’s largest lenders, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported quarterly and annual financial results on Wednesday that beat analysts’ expectations, and largely expressed a go-go attitude about what’s ahead for the economy after President-elect Donald J. Trump is inaugurated next week. JPMorgan, the nation’s biggest bank, said it […]

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U.S. Employers Add 256,000 Jobs in December

Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a summer slowdown and an autumn marred by disruption. The economy added 256,000 jobs in December, seasonally adjusted, the Labor Department reported on Friday. The number handily beat expectations after two years of cooling in the labor market, and the […]

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Investing in Stocks and Bonds Will Be Trickier Under Trump

Financial markets have been choppy since the November election, and for good reason. With the next presidential administration promising sharp policy changes on a broad range of economic issues, there is plenty to be nervous about. The new proposals are dizzying. The president-elect says he wants to deport millions of immigrants; impose tariffs on all […]

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Constellation Energy to Buy Power Producer Calpine

Constellation Energy, the nation’s largest nuclear power plant operator, has agreed to buy another electricity producer, Calpine, for $16.4 billion. The deal reflects the key role that natural gas is likely to play in meeting fast-rising U.S. electricity demand. The cash-and-stock deal, announced Friday, ranks among the power sector’s biggest. It would broaden Constellation’s portfolio […]

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China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy

In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed at braking a recent shift by investors toward purchasing bonds while shunning riskier assets like stocks and real estate. That shift has driven China’s long-term […]

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