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Your daily horoscope: January 14, 2025

  HOROSCOPES IF TODAY IS YOUR BIRTHDAY If your current way of working does not seem to be taking you closer to your goals then ditch it completely and start over. New technologies such as artificial intelligence could help you immensely this year, IF you have the intelligence to use them wisely. ARIES (March 21 - April 20): There is a lot of pressure building up in your life at the moment but that’s okay because you thrive on being challenged. When the going gets tough Aries is the first sign to get tough in return and today will be no exception. TAURUS (April 21 - May 21): You may be in two minds about what direction you should be taking but what occurs over the next 24 hours will point the way and all you have to do is follow the lead that the universe gives you. Get past your doubts and get moving. GEMINI (May 22 - June 21): If you start something new today it will take up a lot more time and energy than you expected, so think about it carefully and make sure you will be able to...

     

US stock futures paused on Friday, catching their breath after the record-breaking rally fueled by AI chipmaker Nvidia’s blowout earnings. Investors are now contemplating what lies ahead.

Market Overview

  • S&P 500 ( ^GSPC) and Dow Jones Industrial Average ( ^DJI) futures hovered around the flatline, having closed at all-time highs on Thursday.
  • Nasdaq 100 ( ^NDX) futures remained subdued after the tech-heavy index surged 3% to achieve its own record.
  • The global breakout frenzy added a staggering $277 billion to Nvidia’s market value, marking the largest single-day gain in Wall Street history.

Nvidia’s Meteoric Rise

  • Nvidia’s shares continued their meteoric ascent in Friday’s premarket, rising approximately 2% and on track to surpass a $2 trillion valuation.
  • As the AI euphoria begins to wane, market attention is shifting back to the possibility of a US interest-rate cut.
  • Federal Reserve officials have hinted at rate cuts, although opinions differ on the timing of this shift.

Earnings Season Highlights

  • A robust fourth-quarter earnings season is winding down, with over one-third of reports surpassing estimates.
  • Fintech company Square (SQ) provided an upbeat earnings forecast, propelling its shares higher.
  • Used-car seller Carvana (CVNA) reported its first annual profit, boosting its stock price.

In summary, while the stock market takes a pause, investors remain vigilant for further developments. The AI-driven rally has left its mark, but uncertainties persist. As we navigate these dynamics, keep an eye on the Fed’s next moves and corporate earnings surprises.


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