Shares have been hammered by disappointing Covid vaccine sales, the company's heavy losses—an estimated $9 a share for 2024—and management's move to push out the year of projected profitability to 2028 from 2026.
On this special episode of the “ETF of the Week” podcast, VettaFi's Head of Research Todd Rosenbluth reviewed the ETF industry's 2024 performance with Chuck Jaffe of Money Life. The pair discussed the ETF industry's record breaking performance, evolutions in product development, and more.
Ten stocks leading the S&P 500 (^GSPC) accounted for 59% of the index's gains since 2022. Tech names like Nvidia (NVDA), Super Micro Computer (SMCI), and Broadcom (AVGO) lead the index higher.
US stocks (^DJI, ^IXIC, ^GSPC) slide lower at Monday's market open — the last full trading day of 2024 — with the Nasdaq Composite dropping by over 1.3%. As the trading year comes to a close this week, what were some of the best and worst-performing sectors in 2024?
The report showed that Texas factory activity increased in December.
Tom Lee, Fundstrat Global Advisors head of research, joins CNBC's 'Squawk Box' to discuss market outlooks, what to expect in 2025, and more.
The S&P 500 is forecast to hit 6,400 – 6,800 in 2025, driven by AI, healthcare, and energy. See which sectors and stocks are set to outperform next year.
The S&P 500 index has been in a strong uptrend for a long time. This momentum continued in 2024 as it soared by over 25% in 2024, continuing a trend that started in 2023.
Airline stocks have soared past the S&P 500's (^GSPC) performance in 2024, riding the wave of a robust travel recovery. The S&P 500 Super Composite Airlines Index (^SP500-203020) has gained 60% in 2024, marking its strongest performance since 2014.
Everest is the fourth-largest global reinsurer, with high returns and impressive growth in recent years.
Retirement is about maximizing reliable cash flow for life
The S&P 500 enjoyed an excellent performance trajectory throughout 2024, having returned more than 26% in the year leading to December 27. As a proxy for the broader U.S. economy, this index has demonstrated that the economic environment is strong and continuing to grow, broadly speaking.