Author: starbpo

Now, the prices of foreign goods aren’t really adding to inflation. But if President-elect Trump goes ahead with the strongest U.S. tariffs in decades, prices could rise even more next year. The government said Friday that the import price index only went up by 0.1% in November. For the year ending in November, the cost of imports went up 1.3%. If fuel imports are taken out, import inflation rose a bit faster, but it was still only 2.3%. We will keep a close eye on these prices in 2025 because the Trump White House has promised taxes. The cost of…

Analysts at Jefferies said Monday that Ford Motor Co.’s stock has been much worse than rival General Motors Co.’s all year. However, it’s still too early to buy on the lows because Ford’s stock is likely to keep doing worse, they said. On Monday, Ford stock fell 4.2% to $9.95 a share. In 2024, Ford’s stock is down 18.8%, while General Motors’ stock is up 43.8%. This year, the S&P 500 SPX +0.26% has gone up 27.2%. In Monday morning trade, Ford’s stock price fell 3%. Jefferies expert Philippe Houchois said that even though Ford stock is much cheaper than…

Monday morning, Nvidia was going down. The chip maker is having a hard time breaking out of its trading range while the market figures out what’s stopping sales of its AI processors. In the morning, Nvidia NVDA -2.32% stock was down 1.8% to $131.90. On Friday, the price dropped 2.3%. Over the past month, Nvidia’s stock price has mostly stayed the same. This is because the market is still waiting for proof of how quickly the company can boost sales of its Blackwell AI chips. The company is likely to stay at the top of the AI chip market for…

Arm ARM 4.09% Holdings and Qualcomm QCOM -2.44% will go to court in Delaware on Monday morning to fight. They are both friends and competitors. Both companies and the chip ecosystem as a whole have a lot riding on the result of the trial. Arm designs are the basis for some of Qualcomm’s most important chips, like the processors that run phones, PCs, cars, and applications that connect things to the internet. Charles Shi, a researcher at Needham, says that Qualcomm made up 10% of Arm’s income in fiscal year 2024. Arm and Qualcomm stock prices were both going down…

Recently, Honeywell International Inc. announced that it might sell or split off its aerospace unit. This comes at a good time for the aerospace and defense industries, as well as for civilian air carriers, who are adding more room. One of the most well-known shareholder critics, Elliott Management, praised Honeywell’s HON +3.13% move. Elliott Management is known for being tough on company management. Early this morning, Honeywell’s stock went up 2.1%, which shows that Wall Street thinks the company is making the right move by considering separating its aerospace business. The aerospace business saw its organic sales rise 10% in…

Jefferies said in a research note that Ford Motor F -2.91% will have to deal with a number of problems in the coming quarters. Shares of the car company were lowered from Hold to Underperform by analysts led by Philippe Houchois. They also lowered their price goal from $12 to $9. On Monday, Ford’s price dropped 4.7% to $9.91. As of Friday, 2024, shares had dropped 15%. The analyst team thinks that Ford could gain if President-elect Donald Trump loosens some rules on vehicle emissions and electric vehicle policies. However, they also said that it is not clear when or…

Why not blame the Grinch? Wall Street is becoming less optimistic about the holiday season coming up at the end of the year. Stocks have been taking a break from their recent rise as the markets get ready for the last Federal Reserve meeting of 2024. Many investors were hoping that the tech-led bull market would pick up more stocks in December, but it hasn’t. This has made people worry about how unstable the markets might be and put S&P 500 index value stocks SPYV -0.28% on a record losing run. The blue-chip Dow DJIA -0.20% fell for the seventh…

Some of Nike Inc.’s problems have been problems for companies that try to sell things that people want but don’t need. The company will report its first quarterly results under a new CEO on Thursday. In other words, people don’t want to buy things like new sneakers as much because of higher living costs, especially since 2022. There are also problems that are unique to Nike. Lifestyle sneakers from the past, like Dunks and Air Jordan 1, lost some of their appeal as they became too common and dull. Brands like Hoka became more of a threat. Someone in the…

When buyers saw how well Broadcom Inc. would do in the coming years, their stock had its best day ever on Friday. Broadcom AVGO +9.20% stock had to rise more than 15.83% to make it the biggest percentage gain in a single day on record. They easily beat that goal, going up 24.43%, and that was after the chip and software company released a mixed report. As the print went on, there were a lot of nerves, and many of the things that were brought up as worrying during the setup did happen, Bernstein’s Stacy Rasgon wrote in a note…

It is planned that the Federal Reserve will lower its key interest rate by a quarter percentage point next week. This is in line with its plan to gradually lower rates even as the economy changes around them. Economists who think the Fed will cut rates said that the move would carry out the quick initial rate cut that was hinted at in September by cuts at three straight meetings. The Fed’s target rate would now be between 4.25% and 4.5%, which is a full percentage point less than it was at its highest point in early September. Krishna Guha,…