FMP
Dec 19, 2024 2:00 AM - Parth Sanghvi
Gold Prices Rebound Despite Hawkish Fed Outlook: What’s Next?
Gold prices saw a significant bounce back after hitting a one-month low, despite the Federal Reserve’s recent rate cut. In a highly anticipated move, the Fed reduced interest rates by 25 basis points, bringing the target range to 4.25%-4.50%. While this signals a more cautious path toward easing, go...
Dec 19, 2024 1:58 AM - Parth Sanghvi
Gold's Rally to Persist in 2025, Predicts UBS
Gold, trading around $2,650/oz, is poised for further gains in 2025, according to UBS strategists. The metal has risen 28% year-to-date, significantly outperforming the S&P 500. Key Drivers for Gold’s Continued Upside: Central Bank Accumulation: October saw the highest monthly gold purchase...
Dec 19, 2024 1:56 AM - Parth Sanghvi
AI Monetization: The Growth Engine for Tech Stocks in 2025
AI-driven earnings growth is poised to become a critical driver for tech stocks in 2025, according to Barclays strategists led by Venu Krishna. Key Highlights: 2023-2024 AI Impact: AI narratives boosted equity returns significantly, with global AI stocks delivering 16.5% year-to-date return...
Dec 19, 2024 1:55 AM - Parth Sanghvi
BlackRock Advocates Gold and Bitcoin for Portfolio Diversification
In its "2025 Global Outlook", BlackRock Investment Institute (BII) suggests that gold and Bitcoin can serve as effective hedges against equity market volatility. This recommendation comes amid diminishing diversification benefits of traditional assets like bonds due to shifting market dynamics. K...
Dec 19, 2024 1:54 AM - Parth Sanghvi
Tech Stocks Slide as Fed Signals Cautious Rate Cuts
The Federal Reserve's announcement of a quarter-point rate cut and its more hawkish outlook for future reductions rattled tech stocks, with notable declines in Tesla (NASDAQ:TSLA), Broadcom (NASDAQ:AVGO), and NVIDIA (NASDAQ:NVDA). Key Developments: Market Reaction: Tesla fell 8.3%, Broadcom...
Dec 19, 2024 1:52 AM - Parth Sanghvi
NVIDIA Stock Rebounds on Positive Production Update
NVIDIA Corporation (NASDAQ:NVDA) saw a 2.5% uptick in pre-market trading Wednesday, driven by a favorable report from Trendforce on its production progress for the Blackwell NVL/GB200 system. Key Developments Production Progress: Trendforce confirmed that production is on track despite prev...
Dec 19, 2024 1:51 AM - Parth Sanghvi
Dow Drops Over 1,100 Points Amid Hawkish Fed Outlook
U.S. markets faced a sharp selloff on Wednesday as the Federal Reserve's hawkish tone on future rate cuts overshadowed its latest 25 bps reduction. The Fed halved its 2025 rate-cut outlook, sending Treasury yields higher and sparking widespread losses across stocks. Market Performance Dow Jones:...
Dec 19, 2024 1:50 AM - Parth Sanghvi
Morgan Stanley Revises Rate Cut Expectations After Hawkish Fed Signals
Morgan Stanley has adjusted its outlook on Federal Reserve interest rate cuts, signaling a more cautious approach following the Fed's hawkish December meeting. Analysts now predict fewer and delayed rate cuts in 2025, reflecting persistent concerns over inflation and broader economic shifts. Key ...
Dec 19, 2024 1:49 AM - Parth Sanghvi
Fed's Third Rate Cut of 2024 Signals Slower Easing Path Ahead
The Federal Reserve delivered its third rate cut of the year on Wednesday, reducing its benchmark rate by 25 basis points to a range of 4.25%–4.5%. However, it sharply revised its outlook for 2025, halving the number of expected rate cuts, reflecting a more cautious approach toward achieving price s...
Dec 19, 2024 1:49 AM - Parth Sanghvi
Asian Stocks Slide Amid Fed's Hawkish Stance; BOJ Holds Rates
Asian stock markets tumbled on Thursday, with technology shares leading the decline after the Federal Reserve projected a slower pace of interest rate cuts for 2025. The Fed's cautious outlook dampened sentiment for risk-driven markets. Key Developments Technology Stocks Hit Hard: Tech-heavy i...
