The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms of the performance of S&P ...
Supreme Court Chief Justice John Roberts issued a warning on Tuesday that the United States must maintain ‘judicial independence’ just weeks away from President-elect Donald Trump’s inauguration. Roberts explained his concerns in his annual report on the federal judiciary. ‘It is not in the nature of judicial work to make everyone happy. Most cases have a winner and a loser. ...
SANTA CLARA, Calif. — The Detroit Lions completed their revenge tour Monday night. They added the San Francisco 49ers to their list of vanquished teams – along with the Dallas Cowboys – that did them wrong the previous season. With that unfinished business now finished, the Lions can look forward to something even better: a chance at a fairy-tale ending ...
Stock futures climbed on Wednesday, driven by strong performances from Salesforce and Marvell Technology, following upbeat quarterly earnings. Futures tied to the Dow Jones Industrial Average rose by 215 points (0.5%), while S&P 500 futures gained 0.3%, and Nasdaq-100 futures advanced by 0.7%. Salesforce surged 12% after reporting fiscal third-quarter revenue that exceeded expectations, showcasing robust demand in the enterprise ...
Lithium prices remained low in 2024 on the back of oversupply and weak demand. Lithium carbonate spent the majority of the year contracting, shedding 22 percent between January and December. Prices started the 12 month period at US$13,160.20 per metric ton (MT) and ended it at US$10,254.16. The weak price environment was the result of a supply glut, a factor ...
Ripple’s Chief Legal Officer, Stuart Alderoty, outlined six key principles on New Year’s Eve, urging the US SEC to adopt a measured approach to crypto regulation. According to Alderoty, the SEC should only regulate securities transactions rather than expand its authority over asset sales without contractual rights or obligations. Ripple CLO Shares 6 Guidelines for SEC Crypto Regulation in 2025 ...
In the weeks since Bashar al-Assad was ousted as Syrian leader, Russia has launched multiple flights to an airbase in the Libyan desert. Moscow’s goal appears to be to find an alternative stopover for its growing military involvement in Africa – and a way to retain its military presence in the Mediterranean. For nearly a decade, the Hmeimim air base ...
The Santa Claus Rally may be iffy, but a 23.31% gain in the S&P 500 ($SPX) for the year isn’t too shabby. It was a stellar year in the stock market, especially for the top 10 weighted stocks in the S&P 500, and that’s worth making a toast as we close out 2024. In terms of the performance of S&P ...
China was behind a ‘major’ hack of the Treasury Department, the Biden administration said Monday, gaining access to unclassified documents and the workstations of government employees. After a year fraught with hacking across all government agencies, China experts say it’s time to get serious about thwarting adversarial espionage. ‘The latest intrusion should not come as a surprise. For too long, ...