Carvana stock more than tripled in 2024, extending a two-year bull run that's returned 4,000% amid a turnaround effort that has pulled the online used-car retailer from the brink of bankruptcy.
Moderna Stock Soars After First US Bird-Flu Death
Moderna led S&P 500 gainers Tuesday, a day after the first bird-flu death was reported in the U.S. The biotech company is developing a vaccine for H5N1.
US labor market stable as job openings rise, hiring eases in November
WASHINGTON (Reuters) -U.S. job openings unexpectedly increased in November while hiring softened, suggesting the labor market continued to slow at a pace that probably does not require the Federal Reserve to be in a rush to cut interest rates. The Job Openings and Labor Turnover Survey, or JOLTS report, from the Labor Department on Tuesday also showed layoffs remained low and workers were reluctant to quit their jobs. There were 1.13 job openings for every unemployed person, up from 1.12 in October.
Nvidia stock tumbles more than 4% after hitting an all-time high
Nvidia’s (NVDA) shares tumbled Tuesday morning after rallying the previous day to close at an all-time high.
Energy surge fuels European market gains amid mixed economic data
(Reuters) -European shares closed higher on Tuesday, buoyed by gains in the energy sector, while investors digested a slew of economic data that painted a mixed picture of the region's economic health. Europe's premier index closed up 0.3% at 513.08 points, a level not seen in three weeks, as traders speculated on the implications of rising inflation and looming interest rate decisions. While the consensus remains that the European Central Bank is likely to proceed with interest rate cuts in January, in the markets the rate-sensitive real estate sector dropped 0.6%.
Top Stock Movers Now: Tesla, Moderna, Ulta Beauty, and More
U.S. equities were mostly lower at midday as new concerns about inflation dragged down the tech sector.
The Next Wave of Corporate Bitcoin Adoption Seems to Be on Its Way
Multiple public companies have announced a bitcoin strategy, but there has been no acquisition yet.