Sean Kirst: In Buffalo and Syracuse, two architects gave gift of light and wonder to generationsWhat a year it was for the stock market in 2024. The ripped higher by more than 27% as the bull market continued for a second year. A large share of those gains came from the "Magnificent Seven" stocks, some of the world's largest tech and companies. These mega-cap companies have market caps ranging from $1.5 trillion to $3.8 trillion, so a positive move for any of these stocks can have an outsized impact on the broader index. Almost all of the Magnificent Seven enjoyed big gains in 2024. With the Magnificent Seven morphing into the Fateful Eight, can these stocks carry the market again in 2025? The Magnificent Seven plus one analyst Michael Hartnett coined the term Magnificent Seven in 2023, grouping several stocks that demonstrated dominance from the financial, market, and technological innovation perspectives. Here's how the Magnificent Seven stocks performed this year through Dec. 25: data by Every stock in the Magnificent Seven outperformed the broader market except , and the average performance of the Magnificent Seven was close to 69%. This is a big deal because the Magnificent Seven accounts for roughly a third of the value of the market-cap weighted S&P 500 and more than 50% of the value of the . Recently, the podcast, hosted by Wall Street veterans Dan Nathan, Guy Adami, Danny Moses, and Liz Young Thomas, coined a new name for a group of key tech giants: Their "Fateful Eight" starts with the Magnificent Seven, but adds chipmaking and software giant . Broadcom's market cap recently surpassed $1 trillion, and the stock is up by more than 45% in the past month. What can we expect from the Fateful Eight in 2025? After an epic year, here are forward earnings ratios for the Fateful Eight companies: data by These are pretty lofty valuations, with breaking away from the pack and and looking more reasonable. In light of that, many market watchers question whether the major indexes will perform well next year, given that these eight companies make up so much of their value. Still, most Wall Street analysts expect the market to continue to perform well in 2025, though not as well as it did over the last two years. With the market up by about 57% over the last two years, it seems improbable that it could replicate such a strong performance for a third consecutive year. However, leading up to the dot-com crash, the market soared for five straight years in the late 1990s, and the tailwinds from AI seem powerful given how big the potential markets are and how impactful AI is expected to be in our daily lives. I think inflation and Treasury yields will play large roles in the performance of these stocks next year. With the 10-year Treasury yield close to 4.6% (as of Dec. 26), investors are certainly concerned about the prospect of inflation reigniting in 2025. The Federal Reserve is projecting only two interest rate cuts in 2025, down from four cuts it previously anticipated. In addition, some worry about the impact that President-elect Donald Trump's policies will have on the economy. That said, better data from the labor market or the Consumer Price Index, which would put more interest rate cuts in play without the prospect of a recession, could lift stocks, particularly those in the tech sector that trade better in a "risk-on" environment. Other market strategists think the Fateful Eight will become defensive plays due to the uncertainty ahead. I expect the market to experience turbulence in 2025. However, I don't expect Broadcom's inclusion in the Fateful Eight will have a significant impact on the group, and I don't expect the Fateful Eight to outperform the Magnificent Seven in 2025 considering the stocks have elevated valuations, tougher earnings comps, and economic challenges from renewed inflation or a potential recession. These stocks may still end 2025 at higher levels than they trade at now, but I wouldn't expect them to deliver booming results like those they put up in 2024.
UPI provided credit access to poor, fuelled growth: StudyPennsylvania House Democratic leaders issued the following statement Sunday evening following the news that former President Jimmy Carter had died at age 100. “President Carter dedicated his life to serving the American people, from his time as a submariner in the nuclear navy to fighting for equality and civil rights as a Georgia state senator and then as governor. “As president, he guided the nation past the dark memory of Watergate. Here in Pennsylvania, he was a steady, calming voice during the Three Mile Island crisis. Always an engineer, he was among the first to identify and advance renewable energy policies that, had they been maintained, could have changed the world we live in today. ALSO READ: Jimmy Carter, the 39th U.S. president, has died at 100 ALSO READ: Remembering Jimmy Carter: see photos of his trips to Pennsylvania “After his presidency, he became a world leader once again in the arena of human rights and democracy, for which he was awarded a Nobel Peace Prize, and for decades, he was the face—and the man swinging the hammer—for Habitat for Humanity. “Please join us in keeping former President Carter’s loved ones in your prayers as our nation mourns together.” Read more political news Remembering Jimmy Carter: see photos of his trips to Pennsylvania Kansas once required voters to prove citizenship. That didn’t work out so well Pursuing Liz Cheney is nothing more than seeking a Jan. 6 scapegoat | Column
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BEIJING (Reuters) – Huawei cut the prices of a variety of high-end devices, including mobile phones, by up to 3,000 yuan ($411) over the weekend on one of China’s leading e-commerce platforms, it said in a post on its official Weibo social media account on Sunday. In a JD.com “Super Brand Day” promotion running from Saturday evening through to midnight on Sunday, Huawei offered discounts on its smartphones, headphones, watches and tablets, the post showed. ($1 = 7.2980 Chinese yuan renminbi) (Reporting by Joe Cash; Editing by Kim Coghill) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibility for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );Is Dragon Ball Daima Preparing to Introduce a New Janemba?JERUSALEM (AP) — Israel’s attorney general has ordered police to open an investigation into Prime Minister Benjamin Netanyahu’s wife on suspicion of harassing political opponents and witnesses in the Israeli leader’s corruption trial. The Israeli Justice Ministry made the announcement in a terse message late Thursday., saying the investigation would focus on the findings of a recent report by the “Uvda” investigative program into Sara Netanyahu. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
After entering Aleppo, Syrian insurgents advance to a nearby province in a major setback for Assad
This may seem an exaggeration, but there is an ongoing isolation pandemic. The current wave of loneliness, along with the decreasing number of family members; and even the growth of pet care businesses are signs of this problem. As a parent and teacher, I see this growing problem among my sons' peers and in my classrooms. While we seem to be growing more connected to things (internet, devices and services), we are disconnecting with people. This lack of personal connection is starting more at a younger age and deepening through generations with significant negative social impact on society and individuals. To prevent future personal and societal problems, families, schools and workplaces need to encourage and foster personal connections through meaningful friendship. Reading and understanding books becomes harder. Students with few friends or siblings will have issues with books from Charles Dickens, Enid Blyton, or even the Wimpy Kid series; all focus on relationships. These books have been regularly used to teach the love of reading, building imagination and understanding society. The ability to get a deeper meaning or relate to the author's message is lost. This deeper understanding becomes even harder with business text, which requires reading at different levels to apply concepts innovatively or address new conditions. Understanding how various people use words is an essential skill, ideally with foundations built when learning to talk at home. The quality of friendships is vital in addressing social ills. More quality friends reduce the need for social media and the documented associated extremes. Physical interaction gives the same dopamine hit that social media provides but in better dosage and longer duration. By focusing on quality friends, depression and other social ills can be reduced as people share their feelings, grow, and interact in a positive manner. For students, having genuine friends helps with studying and learning from schoolwork. There are more exchanges and explanations of ideas in a positive environment. Research supports that talking with others builds stronger relationships than text messages. Thus, for students, more trustworthy contacts help them develop as individuals. I see many university students struggle in class because they have few people they call friends. Students struggle with mental health problems because the structure that existed before and provided help is not there. Parents assume that students are connecting because of online interactions, but that cheap substitute for real friendship is not working. More friends means less dependence on one person; hence, relationships are better. Young adults have fewer people to interact with, resulting in intense interactions. Thus, there are more strains or demands on fewer relationships. For example, if someone has one friend, they discuss ten items with their one friend, requiring much of that one friend's time and energy. Therefore, the friend may start limiting interaction as the relationship requires a lot of energy and the person talking feels less fulfilled. Two unhappy people. However, if someone has five friends, then they can discuss two items with each other; and so the friends are happy to interact more because the relationship requires less energy. Ironically, by having more friends, individuals develop better relationships. The principle applies even at the workplace because if someone can relate to a wider number of people in the office, they can get more done and contribute to better productivity. Workplaces have always seen the need for friendship at work, though it may not be referred to as such. In offices, teamwork, openness, and psychological safety are terms that have similar meaning to authentic human interaction. Work-from-home advocates prioritise interacting with people at home, whereas return-to-office advocates prioritise interacting with people in the office. However, generational problems and the lack of interpersonal experiences, real and perceived, highlight the difficulty of communicating various needs and desires by the individual. It comes as no surprise that communication is one of if not the most valuable skills for the workplace. Companies have to spend time developing workers' abilities in talking with each other because that particular skill may not have been fully developed at home or in school. Having real friends helps individuals and society by reducing loneliness and business inefficiencies caused by employees' mental distractions. A sense of belonging starts with family interactions followed by schools and grows into society. Mariano Miguel Carrera, PhD, is a lecturer at the International College at King Mongkut's University of Technology, North Bangkok.CoreCivic, Geo Group Rally By Double Digits Since Election Day: Why Trump Boosts Private Prison Stocks
After entering Aleppo, Syrian insurgents advance to a nearby province in a major setback for Assad
Moving Namibia in the Right DirectionYou could win a getaway to SkyPark at Santa's Village plus a stay at Lake Arrowhead Resort