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Nasdaq, one of the world's largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit paperwork with the U.S. Securities and Exchange Commission on Monday to roll out round-the-clock trading of stocks,
Rising depreciation expenses from the data center binge is a major worry. Alphabet, Microsoft and Meta combined for about $10 billion in depreciation costs in the final quarter of 2023. The figure rose to nearly $22 billion in the quarter that just ended in September. And it’s expected to be about $30 billion by this time next year.
However, other analysts and some top investment banks on Wall Street remain bullish about next year, believing that there's still more growth ahead for the S&P 500. Here's a look at just how high they think the index -- currently around 6,850 -- might go in 2026.
Wedbush says Tesla market cap will hit $2T next year. ServiceNow slumps on deal report. Netflix leadership seeks to assuage deal worries.
The valuations of some artificial intelligence companies are approaching those of the dot-com boom. But investors worry that pulling money from today’s market risks future gains.
On Dec. 9, Nicholas Financial Corporation filed paperwork with the United States Securities and Exchange Commission (SEC) for the Nicholas Bitcoin and Treasuries AfterDark ETF, a product designed to hold Bitcoin-linked exposure only during overnight hours, exiting positions before the U.S. market opens.
Oracle's earnings showed mixed results, leading to an 11% drop. Broadcom's strong earnings overshadowed by warnings of margin pressures.
Wall Street ended lower as Nasdaq fell 1.69% to 23195.17, S&P 500 dropped 1.07%, and Dow Jones Industrial Average slipped 0.51%.