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Your daily horoscope: December 30, 2024

  HOROSCOPE IF TODAY IS YOUR BIRTHDAY You don’t need to make any big resolutions on your birthday. With a new moon to inspire you the right opportunities will arrive at just the right time and you will know without a shadow of a doubt what must be done – and you will do it magnificently! ARIES (March 21 - April 20): If you make yourself useful to someone in a position of authority now they will find ways to repay you early in the new year. That may sound a bit mercenary but in this dog eat dog world who you know is as important as what you know. TAURUS (April 21 - May 21): If you want to do something out of the ordinary today, something you know is likely to shock friends and family members, then go for it 100 per cent. It’s a good way to end the old year and an even better way to start the new one. GEMINI (May 22 - June 21): It’s time to look ahead and start thinking about your long-term aims and ambitions. That applies as much to personal matters as it does to your career. Y...

US Futures Slip Amid Earnings Rush, Fed Teeters

US stocks are expected to open lower today as investors grapple with a mix of earnings reports and uncertainty about Federal Reserve policy. Here are the key points driving the market:

  1. Rate-Cut Speculation: Investors are closely watching the Fed’s stance on interest rates. Federal Reserve policymaker Neel Kashkari’s recent comments suggest that rates will remain at historic highs for some time. This tempered hopes of an earlier easing in policy.

  2. Earnings Reports: Corporate earnings season is in full swing. While tech companies have generally met high expectations, attention is now shifting to other sectors. Notable reports include:

    • Uber: The ride-hailing giant’s bookings metric missed expectations, causing its shares to drop nearly 7% in pre-market trading.
    • Shopify: The e-commerce platform forecasted its slowest quarterly revenue growth in two years, leading to a sharp decline in its stock price.
    • Disney: Although Disney beat earnings estimates, Wall Street was still disappointed. Now, all eyes are on Fox’s earnings report.
    • Reddit (RDDT): The company reported adjusted operating profitability for the first time, with low capital expenditures and accelerating international sales. Reddit’s exec team also engaged with its community during the earnings call.
  3. Meme Stocks: Investors are closely monitoring meme stocks. After-hours updates from AMC Entertainment and Robinhood will be scrutinized for any signs of a Reddit-style surge.

Remember, the stock market is dynamic, and unexpected developments can occur. Stay informed and make investment decisions based on thorough research and analysis.


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