UBS believes that the big six firms, by market capitalization on the S&P 500 (SPY) index are relatively cheaper. The firm reasoned that Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META), Nvidia (NVDA), and Microsoft (MSFT) may extend its valuation from here. The six firms account for over 30% of the index. This is…

Within a few weeks, investors will have a clearer idea of Trump’s tariff plans. To get ahead of tariff increases, consider a defensive strategy. Investors may buy defensive stocks in iron ore and gold to protect against inflation in the next 12 to 18 months. Gold exchange-traded funds (GLD) and iron ore both performed well,…

Stellantis (NYSE:STLA) has redesigned its large Ram heavy-duty trucks — and it’s betting those updates will help reverse three consecutive years of sales declines for the brand. The new Ram 2500 and 3500 pickups and chassis cab trucks feature updated interior and exterior designs, as well as a new 6.7-liter Cummins turbo diesel engine that…

Nvidia (NVDA) has unveiled new microchips for desktop and laptop personal computers (PCs) that are aimed at video gamers. In a nod to its roots, Nvidia announced new chips for gaming PCs that use the same architecture underpinning its fastest artificial intelligence (A.I.) processors used in data centres. The new chips, called the “GeForce RTX…

Tuesday, January 7, 2025 9:54 AM EST – G Mining Ventures Corp. : Has received an interim environmental permit from Guyana’s Environmental Protection Agency in response to its Environmental Impact Assessment and Environmental Impact Statement submissions made in November 2024 for the Corporation’s Oko West Gold Project. G Mining Ventures Corp. (T.GMIN) shares were up…

Ulta Beauty (ULTA) has announced that chief executive officer (CEO) Dave Kimbell is retiring from the cosmetics company where he has worked for the last decade. Kimbell will also step down from the company’s board of directors and is being succeeded in the CEO role by Ulta Beauty’s current President and Chief Operating Officer Kecia…

Getty Images (GETY) and rival Shutterstock (SSTK) have agreed to merge in a $3.7 billion U.S. deal that will create a photograph and image giant. The two companies, which each specialize in stock photographs used primarily by the news media, say they are merging to achieve economies of scale and fend off the threat posed…