S&P 500 hit a new high for 2023, but will the rally last? Here’s HSBC forecast
In addition to using historical data, HSBC used AI to analyze the language used in most recent quarterly earnings calls to predict stock market performance.
‘Top conviction call:’ Analysts say it’s time to get back into oil — and name stocks to buy
Energy stocks been laggards for much of this year, and were the only sector not to rise in the hot November rally — but some analysts are still bullish.
CNBC Daily Open: Another AI gem
Broadcom shares popped 9% after Citi resumed coverage on the semiconductor maker, rating it a “buy.”
Stocks close higher for a 4th day, S&P 500 touches highest level since January 2022: Live updates
The major averages ended the day higher for a fourth session.
Warren Buffett’s Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%
Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday’s close of $30.37.
Bitcoin slides 7% to under $41,000 in volatile trading following early December rally
Bitcoin fell Monday as investors took profits after its December climb.
Oppenheimer has one of the most bullish outlooks for 2024. Here’s where it sees the S&P 500 going
Oppenheimer has high hopes for the S&P 500 next year amid growing corporate earnings, the firm said in a note Monday.
How muni bond ETFs can make tax-loss harvesting a smarter strategy
Municipal bond ETFs are seeing an influx of cash in the waning days of 2023, which could be a byproduct of tax-loss harvesting
Navalny aides say he has disappeared within Russia’s prison system
Alexei Navalny has been removed from the penal colony where he had been imprisoned and his current whereabouts are not known, his allies said on Monday.
