December 2024 | Page 5 of 11 | Stock Market News

Nuclear Startup Oklo Partners with Switch to Deploy 12GW by 2044

Oklo, a nuclear energy startup backed by OpenAI CEO Sam Altman, has announced an ambitious partnership with data center operator Switch to deploy 12 gigawatts of nuclear power by 2044. The collaboration

1 month ago

Business

OpenAI Launches 1-800-CHATGPT for Easier Access to Chatbot

OpenAI has unveiled a new way to interact with its viral chatbot: a dedicated U.S. phone number, 1-800-CHATGPT. By dialing the number or messaging via WhatsApp, users can now engage with the

1 month ago

Tech

Bank of England Rate Cut Expectations Wane Amid Sticky Inflation

Investor confidence in significant rate cuts from the Bank of England (BOE) next year has diminished, with sticky inflation and robust wage growth fueling doubts about aggressive monetary easing. Money markets now

1 month ago

Investing

Nissan and Honda Explore Merger Amid Rising EV Competition

In a move that could reshape the global automotive industry, Japanese carmakers Nissan Motor and Honda Motor are reportedly in talks to merge. The prospective tie-up, first reported by Nikkei, comes as

1 month ago

Business

Fed Cuts Rates Again but Signals Limited Reductions Ahead

The Federal Reserve on Wednesday delivered its third consecutive interest rate cut, reducing its key rate by a quarter percentage point. The move brings the target range for the federal funds rate

1 month ago

Economy

UK Jobs Market Signals Mixed Outlook Amid Strong Wage Growth

The state of the UK’s job market is raising concerns, with business leaders increasingly sounding the alarm about a possible recession. Recruitment figure James Reed recently claimed the current data points to

1 month ago

Economy·World

China Plans Record Fiscal Deficit to Boost 2025 Growth

Chinese leaders have agreed to raise the budget deficit to 4% of gross domestic product (GDP) in 2025, marking the highest level on record. The move reflects a more proactive fiscal policy

1 month ago

Economy·World

Dow Jones Nears Historic Nine-Day Losing Streak Amid Market Shift

The Dow Jones Industrial Average faced the possibility of entering the record books on Tuesday, flirting with its first nine-day losing streak since the 1970s. The 30-stock index dropped 273 points, or

1 month ago

Markets

Pfizer Stock Rises on Upbeat 2025 Outlook and Guidance

Pfizer’s (PFE) stock climbed in pre-market trading on Tuesday after the pharmaceutical giant shared a positive full-year outlook for 2025. The company’s projections align closely with Wall Street estimates, signaling stability and

1 month ago

Business

November Retail Sales Beat Expectations, Show Consumer Strength

The US economy continues to defy expectations as retail sales in November surged more than Wall Street analysts had anticipated. Bolstered by strong vehicle purchases and online shopping, the report reflects the

1 month ago

Economy

December 2024 - Page 5

Nuclear Startup Oklo Partners with Switch to Deploy 12GW by 2044

OpenAI Launches 1-800-CHATGPT for Easier Access to Chatbot

Bank of England Rate Cut Expectations Wane Amid Sticky Inflation

Nissan and Honda Explore Merger Amid Rising EV Competition

Fed Cuts Rates Again but Signals Limited Reductions Ahead

UK Jobs Market Signals Mixed Outlook Amid Strong Wage Growth

China Plans Record Fiscal Deficit to Boost 2025 Growth

Dow Jones Nears Historic Nine-Day Losing Streak Amid Market Shift

Pfizer Stock Rises on Upbeat 2025 Outlook and Guidance

November Retail Sales Beat Expectations, Show Consumer Strength

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