Stock markets in the Asia-Pacific region have moved higher after President Donald Trump outlined a pro-business agenda for his second term in the White House and stopped short of imposing new trade tariffs on his first day in office.
During his inaugural address, Trump pledged to bring in a new “golden age” for America.
He has promised an ambitious agenda – including trade reforms, lower taxes and cuts to government regulations – which has the potential to boost company profits.
But some economists have warned that the measures may also raise inflation, which in turn could force the Federal Reserve to increase interest rates.
In morning trade, Japan’s Nikkei 225 index was about 0.4% higher, South Korea’s Kospi was up 0.6% and stocks on Australia’s ASX 200 rose by around 1%.
Meanwhile, the dollar was lower against some other major currencies, including the pound and the euro.
US markets were closed on Monday for the Martin Luther King Jr Day holiday.
Trump has not yet enacted any new tariffs but said on Monday that he is considering imposing 25% import taxes on Mexico and Canada on 1 February.
During the election campaign, Trump also pledged tariffs of 10% on all imports into the US and said he would hit China with a 60% import tax.
He has said tariffs will make Americans richer, although critics say the costs are likely to be passed on to consumers.
The President has also said he would create an “External Revenue Service” to collect all tariffs, duties and revenues from foreign sources.
As President Donald Trump was inaugurated on January 20, 2021, stock markets around the world responded positively to the new administration. The optimism surrounding Trump’s promises of economic stimulus and tax cuts caused major indices to move higher.
In the United States, the Dow Jones Industrial Average, S&P 500, and Nasdaq all saw gains as investors anticipated pro-business policies from the new president. The Dow reached a new record high, breaking the 20,000 mark for the first time in history.
Global markets also saw a boost, with European and Asian stocks rallying in response to Trump’s inauguration. Investors were hopeful that the new administration would lead to increased economic growth and corporate profits.
While there is still uncertainty surrounding Trump’s policies and their potential impact on the economy, the initial reaction from the markets was positive. Investors will be closely watching for any developments in the coming months as the new administration begins to implement its agenda.
The power grid is very much on the minds of Texans after hundreds of people died when the power grid collapsed in February 2021.
ERCOT graphs on the company’s website show that there will be more than enough electricity on hand to meet the anticipated demand for power over the next six days.
ABC13 will keep checking back for any changes to those projections.
CenterPoint Energy said it plans to have extra crews on standby ahead of the arctic cold front that will arrive in Houston next week.
ERCOT also sent ABC13 the following improvements they made to the electric grid since 2021:
Weatherization and Inspections. The ERCOT Weatherization and Inspections Program is entering its 4th season of cold weather inspections. In December, we completed 149 inspections. In total we will conduct a minimum of 450 generation resources or transmission service provider facilities by the end of February for this winter. ERCOT completed three full seasons of winter weatherization inspections with enhanced requirements for generation and transmission facilities and conducted its second summer weatherization inspections this past summer in 2024.
Firm Fuel Supply Service (FFSS). An additional source of onsite fuel for generators benefits the grid by providing a redundant, or additional, fuel source should there be a natural gas scarcity. FFSS Phase 1 created the FFSS service. Phase 2 expanded resources that can qualify. If a resource’s fuel service is firm and isn’t under a lower curtailment priority if there’s a curtailment event, they can now qualify.
Scheduled Maintenance Period. ERCOT has worked with generators and transmission operators to schedule their maintenance in the shoulder months while allowing ERCOT to reliably operate the grid in the off-peak seasons.
Forecasting Improvements. ERCOT has been working on reducing weather forecast error by procuring additional weather forecasts and developing load forecast models that are tuned for extreme cold weather. ERCOT has also improved the forecasting software testing process related to holidays and other outlier scenarios.
ERCOT Contingency Reserve Service (ECRS). Added in June 2023, ECRS takes advantage of resources that can start within 10 minutes to address unexpected or rapid changes in supply or demand.
Fast Frequency Response Service. Added in 2022, this addition to our ancillary services takes advantage of the capability of faster-responding resources to respond to events.
Critical Supply Chain and Critical Infrastructure Map. This map was created in 2022 to share the locations and connectivity of all the critical parts of the Texas power infrastructure.
Improved Inter-Agency Communications. Agencies are seeing improved, ongoing communications through both the Texas Department of Emergency Management and Texas Energy Reliability Council.
ERCOT, the Electric Reliability Council of Texas, has issued a Weather Watch from January 20-23 due to extreme cold weather and higher electrical demand expected next week.
With temperatures forecasted to drop significantly across Texas, ERCOT is urging residents to conserve electricity to help alleviate strain on the power grid. The combination of frigid temperatures and increased demand for heating could potentially lead to power outages if consumption is not curtailed.
ERCOT is closely monitoring the situation and will provide updates as necessary. In the meantime, residents are encouraged to take steps to reduce their electricity usage, such as lowering thermostats, unplugging unnecessary appliances, and minimizing the use of space heaters.
Stay tuned for further information and stay safe during this cold spell. Let’s all do our part to ensure the reliability of the electrical grid during this challenging period.
Jan 17, 2025; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Giannis Antetokounmpo (34) drives to the basket against Toronto Raptors forward Scottie Barnes (4) in the second half at Fiserv Forum. Mandatory Credit: Michael McLoone-Imagn Images
The Milwaukee Bucks welcome the struggling Philadelphia 76ers on Sunday night in the teams’ first meeting since the season opener.
Sunday’s contest will conclude a four-game homestand for Milwaukee. The Bucks prevailed in each of the first three games, including a 130-112 win over the Toronto Raptors on Friday night.
Milwaukee won that season opener, then lost seven of its next eight games before turning its season around with a 21-9 mark since. The Sixers, on the other hand, enter the contest 10 games under .500 and on a five-game losing streak.
Despite his team’s uptick in offense as of late, Milwaukee head coach Doc Rivers said after beating Toronto that he knows his squad can reach another level.
“I didn’t particularly love how we played offense in the second half,” Rivers said. “It’s hard to tell a player you shot 52 percent and I’m not happy. I’m not disappointed, I just think we can play better.”
Giannis Antetokounmpo led Milwaukee with 35 points and Damian Lillard added 26, including 22 in the first half alone.
Philadelphia will be on short rest after it lost 115-102 to the Indiana Pacers on Saturday night. The setback was the 76ers’ eighth in their last 10 games.
Tyrese Maxey led the short-handed 76ers with 28 points while Kelly Oubre Jr. and Ricky Council IV each had 18.
The 76ers injury report is one that requires scrolling. Star Joel Embiid is out due to knee swelling and is expected to be re-evaluated in the next week. Paul George also missed Saturday’s game due to a groin injury.
Guerschon Yabusele (knee), Kyle Lowry (hip), Caleb Martin (groin) also didn’t play Saturday. Their statuses for Sunday are to be determined.
Rookie Jared McCain (knee) also was recently ruled out for the remainder of the season. There is not yet a clear timetable on the return of KJ Martin (foot).
Philadelphia coach Nick Nurse said managing the team without former league MVP Embiid and his surrounding pieces has been tough.
“For the most part, I have to micro-focus for what’s there, right?” he said. “And that’s been a little bit of a puzzle when you know that one big piece of it is going to be gone. But it’s been like the other pieces have been scattered so much. That’s been difficult enough.
“But I think there’s always been that part of me that’s always thinking big picture. That’s always in the back of your mind a little bit. But I think 90 percent of the time, I think about how in the hell are we going to win tomorrow night, right? What are we going to do tomorrow night? Who’s going to be available, and how are we going to play and give ourselves a chance to win?”
Milwaukee’s injury report is cleaner, with both AJ Green (left quad strain) and Andre Jackson Jr. (hip) listed as questionable. MarJon Beauchamp (illness) and Khris Middleton (ankles) are listed as probable.
Antetokounmpo leads Milwaukee with 31.4 points and 11.9 rebounds per game this season. Lillard is averaging club-best totals in assists (7.2) and steals (1.3).
Maxey leads Philadelphia with 26.1 points, 5.8 assists and 2.0 steals per game. Andre Drummond is averaging a team-leading 7.7 rebounds.
Milwaukee has dominated this series as of late, winning five in a row over Philadelphia.
Lillard led the Bucks with 30 points and Antetokounmpo scored 25 in the Bucks’ 124-109 win on Oct. 23. Maxey led the 76ers with 25 points.
–Field Level Media
The Milwaukee Bucks are gearing up to take on the struggling Philadelphia 76ers in a matchup that could have big implications for both teams. The Bucks are currently sitting at the top of the Eastern Conference standings and are looking to maintain their position as they head into the final stretch of the regular season.
On the other hand, the 76ers have been on a downward spiral as of late, losing seven of their last ten games and falling to the bottom half of the conference. With star player Joel Embiid sidelined with an injury, the team has struggled to find their footing and are in desperate need of a win to turn things around.
The Bucks will be looking to capitalize on the 76ers’ recent struggles and shift into a higher gear as they aim to secure a victory and further solidify their position at the top of the standings. With players like Giannis Antetokounmpo leading the charge, the Bucks have the talent and depth to come out on top in this matchup.
As the two teams face off, all eyes will be on the Bucks as they look to assert their dominance and continue their march towards the playoffs. Will they be able to shift into a higher gear and come out on top against the free-falling 76ers? Tune in to find out.
The Milwaukee Bucks welcome the struggling Philadelphia 76ers on Sunday night in the teams’ first meeting since the season opener.
HT Image
Sunday’s contest will conclude a four-game homestand for Milwaukee. The Bucks prevailed in each of the first three games, including a 130-112 win over the Toronto Raptors on Friday night.
Milwaukee won that season opener, then lost seven of its next eight games before turning its season around with a 21-9 mark since. The Sixers, on the other hand, enter the contest 10 games under .500 and on a five-game losing streak.
Despite his team’s uptick in offense as of late, Milwaukee head coach Doc Rivers said after beating Toronto that he knows his squad can reach another level.
“I didn’t particularly love how we played offense in the second half,” Rivers said. “It’s hard to tell a player you shot 52 percent and I’m not happy. I’m not disappointed, I just think we can play better.”
Giannis Antetokounmpo led Milwaukee with 35 points and Damian Lillard added 26, including 22 in the first half alone.
Philadelphia will be on short rest after it lost 115-102 to the Indiana Pacers on Saturday night. The setback was the 76ers’ eighth in their last 10 games.
Tyrese Maxey led the short-handed 76ers with 28 points while Kelly Oubre Jr. and Ricky Council IV each had 18.
The 76ers injury report is one that requires scrolling. Star Joel Embiid is out due to knee swelling and is expected to be re-evaluated in the next week. Paul George also missed Saturday’s game due to a groin injury.
Guerschon Yabusele , Kyle Lowry , Caleb Martin also didn’t play Saturday. Their statuses for Sunday are to be determined.
Rookie Jared McCain also was recently ruled out for the remainder of the season. There is not yet a clear timetable on the return of KJ Martin .
Philadelphia coach Nick Nurse said managing the team without former league MVP Embiid and his surrounding pieces has been tough.
“For the most part, I have to micro-focus for what’s there, right?” he said. “And that’s been a little bit of a puzzle when you know that one big piece of it is going to be gone. But it’s been like the other pieces have been scattered so much. That’s been difficult enough.
“But I think there’s always been that part of me that’s always thinking big picture. That’s always in the back of your mind a little bit. But I think 90 percent of the time, I think about how in the hell are we going to win tomorrow night, right? What are we going to do tomorrow night? Who’s going to be available, and how are we going to play and give ourselves a chance to win?”
Milwaukee’s injury report is cleaner, with both AJ Green and Andre Jackson Jr. listed as questionable. MarJon Beauchamp and Khris Middleton are listed as probable.
Antetokounmpo leads Milwaukee with 31.4 points and 11.9 rebounds per game this season. Lillard is averaging club-best totals in assists and steals .
Maxey leads Philadelphia with 26.1 points, 5.8 assists and 2.0 steals per game. Andre Drummond is averaging a team-leading 7.7 rebounds.
Milwaukee has dominated this series as of late, winning five in a row over Philadelphia.
Lillard led the Bucks with 30 points and Antetokounmpo scored 25 in the Bucks’ 124-109 win on Oct. 23. Maxey led the 76ers with 25 points.
Field Level Media
This article was generated from an automated news agency feed without modifications to text.
The Milwaukee Bucks are gearing up for a showdown against the struggling Philadelphia 76ers, who have lost their last three games in a row. The Bucks, on the other hand, are looking to build on their recent success and continue their climb up the Eastern Conference standings.
With star players like Giannis Antetokounmpo leading the charge, the Bucks have the talent and firepower to take down the struggling 76ers. Antetokounmpo has been on a tear lately, averaging over 30 points per game and dominating on both ends of the court.
The 76ers, meanwhile, have been plagued by injuries and inconsistent play, leading to their recent slide in the standings. They will need to regroup and find a way to slow down the Bucks’ high-powered offense if they hope to have any chance of pulling off an upset.
As the Bucks look to shift into higher gear and continue their upward trajectory, the 76ers will need to find a way to right the ship and get back on track. This matchup promises to be an exciting and competitive game, with both teams hungry for a win.
Tune in to see if the Bucks can keep their momentum going and secure a win against the free-falling 76ers, or if Philadelphia can turn things around and pull off a much-needed victory. It’s sure to be a game you won’t want to miss.
Winter storm warnings have been expanded to now include all or parts of 10 counties – Bergen, Essex, Hunterdon, Mercer, Morris, Passaic, Somerset, Sussex, Union and Warren.
Snowfall forecasts have increased for a winter storm expected to blanket New Jersey with widespread areas of 4 to 8 inches of snow. Winter storm warning areas were expanded early Sunday and a state of emergency is in effect.National Weather Service and AccuWeather
The biggest change in the latest snow forecast map is along the I-95 corridor, which is now included in the 6 to 8 inch forecast area that covers nearly half the state.
Sussex County could see pockets of 10 inches of snow at its higher elevations, the weather service says.
“Snow moves in late morning into the early afternoon (SW to NE) with the heaviest snow expected 4 to 9 p.m. during which time snowfall rates could exceed 1 inch per hour,” the weather service said in its final briefing before the storm.
Snowfall forecasts have increased for a winter storm expected to blanket New Jersey with widespread areas of 4 to 8 inches of snow. Winter storm warning areas were expanded early Sunday and a state of emergency is in effect.National Weather Service and AccuWeather
The weather service has focused on the uncertain forecast for central New Jersey in the days leading up to the storm. A slight shift in the track overnight has pushed snowfall projections higher along those areas.
“Confidence is overall moderate (50-60%),” the weather service said. “There is still some uncertainty regarding precipitation and snowfall amounts with the system as well as how much mixing will occur.”
Winter weather advisories were also expanded overnight to now include parts of 11 counties as snowfall forecasts in southern New Jersey increased.
Snowfall forecasts have increased for a winter storm expected to blanket New Jersey with widespread areas of 4 to 8 inches of snow. Winter storm warning areas were expanded early Sunday and a state of emergency is in effect.National Weather Service and AccuWeather
With the exception of the Jersey Shore, most of South Jersey could get 1 to 3 inches of snow, with higher amounts of 3 to 4 inches closer to the Delaware River.
The Philadelphia area is expecting 4 to 6 inches of snow, which will likely affect the NFL playoff matchup between the Eagles and Los Angeles Rams set for a 3 p.m. kickoff.
Snowfall forecasts have increased for a winter storm expected to blanket New Jersey with widespread areas of 4 to 8 inches of snow. Winter storm warning areas were expanded early Sunday and a state of emergency is in effect.National Weather Service and AccuWeather
AccuWeather’s snow forecast has the northern half of New Jersey with 3 to 6 inches of snow except the northwestern corner in its 6 to 12 inch zone.
After the storm winds down on Sunday evening, temperatures will plunge and remain dangerously cold to start the week.
Expect “temperatures falling well below freezing Sunday night, and remain below freezing until at least Friday,” the weather service said.
Winter storm warnings
Hunterdon, Morris, Sussex and Warren counties from 1 p.m. Sunday through 1 a.m. Monday – Heavy snow expected. Total snow accumulations between 5 and 8 inches. Winds gusting as high as 35 mph. Roads, and especially bridges and overpasses, will likely become slick and hazardous. Travel could be very difficult. Areas of blowing snow could significantly reduce visibility. Snowfall rates to an inch per hour should develop at times this afternoon.
Mercer and Somerset counties from 1 p.m. Sunday through 1 a.m. Monday – Heavy snow expected. Total snow accumulations between 4 and 7 inches. Travel could be very difficult. Areas of blowing snow could significantly reduce visibility. Snowfall rates to an inch per hour should develop at times this afternoon.
Bergen, Passaic and western portions of Essex and Union counties from 1 p.m. Sunday through 4 a.m. Monday – Heavy snow expected. Total snow accumulations between 5 and 7 inches. Roads, and especially bridges and overpasses, will likely become slick and hazardous. Travel could be very difficult.
Winter weather advisories
Camden, Gloucester, Salem and northwestern Burlington counties from 10 a.m. Sunday to 1 a.m. Monday – Some mixed precipitation to snow expected. Total snow accumulations between 3 and 5 inches. Roads, and especially bridges and overpasses, will likely become slick and hazardous. Areas of blowing snow could significantly reduce visibility. The precipitation should start as a mix of light snow and rain with possibly some sleet before quickly changing to snow. Snowfall rates to an inch per hour should develop at times this afternoon.
Hudson, eastern Essex and eastern Union counties from 1 p.m. Sunday through 4 a.m. Monday – Snow expected. Total snow accumulations between 3 and 5 inches. Locally higher amounts up to 6 inches possible.
Middlesex County from 1 p.m. Sunday to 1 a.m. Monday – Snow expected. Total snow accumulations between 4 and 6 inches. Plan on slippery road conditions. Areas of blowing snow could significantly reduce visibility. Snowfall rates to an inch per hour should develop at times this afternoon.
Monmouth, Ocean and southeastern Burlington counties from 10 a.m. Sunday to 1 a.m. Monday – Some mixed precipitation to snow expected. Total snow accumulations between 2 and 4 inches. Plan on slippery road conditions. The precipitation should start as some light rain or a light rain, snow and sleet mix before changing to all snow. Snowfall rates up to an inch per hour should develop at times later this afternoon.
Dangerous cold temperatures
The snow from Sunday’s storm is unlikely to melt quickly as temperatures drop rapidly and will stay dangerously cold through the week.
Wind chills below zero are expected in parts of the state through Wednesday.
After Sunday’s winter storm, temperatures are expected to plummet with dangerously cold weather for the next several days.National Weather Service and AccuWeather
The coldest day could be Tuesday with highs in the teens and overnight lows in the single digits.
“The coldest period will be Monday night through Thursday morning,” the weather service said. “There will be an increased risk of hypothermia and frost bite. Impacts to infrastructure could include frozen pipes and increased demand for heating energy.”
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Get ready, New Jersey! The latest weather forecast is predicting higher snow totals for the upcoming winter storm, with winter storm warnings now expanded to 10 counties across the state.
Residents are advised to prepare for potentially hazardous conditions, including heavy snowfall and strong winds. Make sure to stock up on supplies, stay off the roads if possible, and check in with loved ones to ensure their safety.
Stay tuned for further updates and stay safe during this winter weather event! #NJWeather #WinterStormWarning
An investor who purchased Robinhood Markets(NASDAQ: HOOD) stock at the beginning of the week would have been notably richer toward the end of it.
Shares of the next-generation financial services company were popular following a settlement deal with a regulator, not to mention several glowing analyst notes on its business. According to data compiled by S&P Global Market Intelligence, Robinhood stock was up 15% week to date as of early Friday morning.
Of those pieces of news, it was surely the settlement that impacted sentiment on Robinhood the most. On Monday, media outlets reported that the company agreed to pay $45 million in the deal, under which it has settled Securities and Exchange Commission (SEC) allegations that it had committed a set of transgressions involving activities such as trade reporting, record keeping, and rules governing short selling.
In the settlement, Robinhood admitted to instances of wrongdoing. In reporting the news, Reuters said the company’s general counsel, Lucas Moskowitz, indicated it was satisfied with the resolution.
Perhaps not coincidentally, the next day two researchers flagged Robinhood as being one of the more attractive stocks in this early part of the year. Bernstein SocGen’s Gautam Chhugani tapped it as being the best idea in its global digital assets coverage universe. Michael Cyprys of Morgan Stanley added the stock to the investment bank’s Financials’ Finest list as being a very attractive pick in that sector.
A well-managed brokerage is always worthy of consideration as a buy. With their various activities, such companies make coin whether the market is up or down, and lately stocks and associated investments have been quite popular. Robinhood in particular seems to have its finger on the pulse of what younger investors hunger for, and it’s been rather successful delivering for them.
Ever feel like you missed the boat in buying the most successful stocks? Then you’ll want to hear this.
On rare occasions, our expert team of analysts issues a “Double Down” stock recommendation for companies that they think are about to pop. If you’re worried you’ve already missed your chance to invest, now is the best time to buy before it’s too late. And the numbers speak for themselves:
Nvidia:if you invested $1,000 when we doubled down in 2009,you’d have $353,272!*
Apple: if you invested $1,000 when we doubled down in 2008, you’d have $45,049!*
Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $457,459!*
Robinhood stock has been on a meteoric rise this week, with shares soaring to new highs and investors clamoring to get in on the action. But what is driving this sudden surge in the popular trading platform’s stock price?
One of the main factors behind Robinhood’s stock surge is the company’s strong earnings report, which exceeded analysts’ expectations and showed significant growth in revenue and user numbers. This positive financial performance has bolstered investor confidence in the company’s future prospects and has led to increased demand for its shares.
Additionally, the recent surge in retail trading activity, fueled by the meme stock frenzy and increased interest in cryptocurrencies, has also benefited Robinhood. As more individual investors flock to the platform to trade stocks, options, and cryptocurrencies, Robinhood stands to benefit from increased trading volumes and revenue.
Furthermore, speculation about potential partnerships and acquisitions in the fintech space has also contributed to the bullish sentiment surrounding Robinhood. Rumors of a potential tie-up with a major financial institution or technology company have fueled excitement among investors and added to the momentum behind the stock.
Overall, the combination of strong earnings, increased retail trading activity, and speculation about future growth opportunities has propelled Robinhood stock to new heights this week. With the company continuing to expand its offerings and attract new users, the future looks bright for this popular trading platform.
The first significant support level lies at $4.053, with additional pivots at $3.989 and $3.850. A breach of these levels could signal further downside. Traders should watch last week’s close at $3.989, as a close below this level may form a bearish chart pattern, pointing to weaker near-term price action.
While Thursday’s session saw double-digit gains driven by bullish weather forecasts and a robust storage report, Friday has seen no follow-through, raising concerns about the sustainability of the rally.
Storage Draw and Weather Outlook Fuel Volatility
The Energy Information Administration (EIA) reported a significant draw of 258 Bcf in storage for the week ending January 10, nearly double the five-year average of 128 Bcf. Working gas stocks now stand at 3,115 Bcf, 77 Bcf above the five-year average but 111 Bcf below year-ago levels.
Weather forecasts suggest moderate demand through Saturday before an Arctic Blast pushes demand to very high levels next week. Lows ranging from -20°F to 20°F are expected across much of the U.S., including Texas and the South, reinforcing bullish sentiment for heating-driven demand.
Supply and Demand Dynamics Keep Traders on Edge
Natural gas supply dipped by 0.8% week over week, with dry gas production falling to 102.4 Bcf/d. In contrast, demand rose by 1.3%, driven by a 3.1% increase in residential and commercial use. LNG pipeline receipts hit 15.4 Bcf/d, up 0.3 Bcf/d, as export demand continues to surge.
Exports to Mexico climbed 10%, highlighting strong international demand. However, power generation consumption dropped slightly, reflecting seasonal trends.
As temperatures drop and winter weather sets in, the natural gas market is closely watching for any signs of increased demand. With recent forecasts predicting a blast of Arctic air sweeping across the United States, many are wondering if this extreme cold weather will spark a bullish momentum for natural gas prices.
Historically, cold weather has been a key driver of natural gas demand as households and businesses turn up the heat to stay warm. This increased consumption can lead to higher prices as supplies are stretched thin. Additionally, the potential for disruptions in production or delivery due to freezing temperatures can further tighten the market and push prices higher.
Analysts are keeping a close eye on the weather patterns in the coming weeks to see if this Arctic blast will be sustained and widespread. If so, it could provide a much-needed boost to natural gas prices, which have been struggling in recent months due to oversupply and weak demand.
Investors and traders are advised to monitor weather forecasts, production levels, and storage inventories closely to gauge the potential impact of this extreme cold weather on the natural gas market. With the potential for bullish momentum on the horizon, now is the time to stay informed and prepared for any potential price movements.
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natural gas news, arctic weather, bullish momentum, demand, higher, energy markets, weather patterns, natural gas prices, market trends, energy consumption, supply and demand
In the latest market close, Intel (INTC) reached $19.20, with a +0.26% movement compared to the previous day. This change outpaced the S&P 500’s 0.16% gain on the day. Meanwhile, the Dow experienced a rise of 0.86%, and the technology-dominated Nasdaq saw a decrease of 0.38%.
The world’s largest chipmaker’s shares have seen a decrease of 5.85% over the last month, not keeping up with the Computer and Technology sector’s loss of 1.29% and the S&P 500’s loss of 2.2%.
The investment community will be paying close attention to the earnings performance of Intel in its upcoming release. The company is slated to reveal its earnings on January 30, 2025. The company is expected to report EPS of $0.12, down 77.78% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $13.77 billion, down 10.61% from the prior-year quarter.
Investors should also pay attention to any latest changes in analyst estimates for Intel. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Consequently, upward revisions in estimates express analysts’ positivity towards the company’s business operations and its ability to generate profits.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we’ve crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 5.14% lower within the past month. As of now, Intel holds a Zacks Rank of #3 (Hold).
In the context of valuation, Intel is at present trading with a Forward P/E ratio of 20.71. This indicates a discount in contrast to its industry’s Forward P/E of 23.93.
Meanwhile, INTC’s PEG ratio is currently 1.94. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company’s projected earnings growth. The Semiconductor – General industry had an average PEG ratio of 3.05 as trading concluded yesterday.
The Semiconductor – General industry is part of the Computer and Technology sector. This industry, currently bearing a Zacks Industry Rank of 159, finds itself in the bottom 37% echelons of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Intel (INTC) Rises Higher Than Market: Key Facts
1. Intel (INTC) stock has been outperforming the market in recent weeks, with shares rising steadily despite overall market volatility.
2. The company’s strong performance can be attributed to positive earnings reports, increased demand for its semiconductor products, and successful product launches.
3. Intel’s focus on innovation and technological advancements has helped it maintain a competitive edge in the rapidly evolving tech industry.
4. Analysts are optimistic about Intel’s future growth potential, citing the company’s strong financials and strategic partnerships.
5. Investors are advised to keep an eye on Intel as it continues to rise higher than the broader market, potentially presenting a lucrative investment opportunity.
U.S. stocks bounced higher on Friday, shrugging off a tepid first day of trading to start 2025.
The broad S&P 500 index was up 32 points, near 5,900, at mid-morning, and the tech-heavy Nasdaq gained 120 points, about 0.7%, to trade near 19,400.
Investors appeared to be looking past recent concerns about higher inflation, which had sent bond yields higher over the previous months. The 10-year U.S. Treasury note slipped one basis point on Friday after gaining nearly a full percentage point since mid-September. Higher inflation makes the fixed income that bonds produce less attractive, and yields rise when bond prices fall.
Companies that produce alcoholic beverages were trading sharply lower after the surgeon general called for those products to carry warnings about cancer risks. Shares of Anheuser-Busch InBev, parent company of brands like Budweiser and Corona, were down 2.2%, while Diageo, which produces hard liquor brands like Johnnie Walker, Guiness, and Smirnoff, fell 3.5%.
And shares of Rivian Automotive, Inc., surged more than 16% in midmorning trading after the company announced results that beat analysts’ expectations for car deliveries. That announcement followed a Thursday report from competitor Tesla Inc., which saw its first annual decline in deliveries in 2024.
The Nasdaq soared to new heights today, leading stocks higher across the board. However, it wasn’t all good news in the market, as beverage makers took a hit following a warning about cancer risks associated with some popular drinks.
Investors seemed to shrug off any concerns about the overall market, with the Nasdaq posting strong gains fueled by tech stocks. Companies like Apple, Amazon, and Microsoft all saw their shares rise, pushing the index to record levels.
On the other hand, beverage makers like Coca-Cola and PepsiCo saw their stocks tumble after a new study linked certain ingredients in their products to an increased risk of cancer. This news sent shockwaves through the industry and caused many investors to rethink their positions in these companies.
While it’s always important to stay informed about potential risks in the market, today’s mixed results serve as a reminder that investing comes with its fair share of ups and downs. As always, it’s crucial to do your own research and make informed decisions when it comes to your portfolio.
Tags:
Nasdaq stock performance, beverage industry news, cancer warning impact, market trends, stock market analysis
We’ve got some… not so great news to start off your 2025. According to a new report from 11Alive News, Georgia Power is increasing their monthly rates to customers beginning in 2025. But before you panic, let us explain it all to you. Keep scrolling to learn all about the Georgia Power price increases for the new year below.
How much will Georgia Power raise their rate each month?
Accordant to the 11Alive report,
the increase will amount to $5.85 a month beginning in January 2025 for a ‘typical customer using an average of 1,000 kilowatt-hours per month.’
This new rates will go into affect after the state commission, which oversees Georgia Power, approved the price hike with a 5-o unanimous vote.
This will mark the sixth rate increase for Georgia Power in a 3-year cycle.
How are Atlantans reacting?
After the news broke on some viral social media posts, it’s safe to say Atlantans are not happy about these price increases. With most people commenting that their monthly rates are already super high, no one is in favor of these price hikes.
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Along with the news of a higher monthly Georgia Power bill, there are actually several new laws and regulations going into effect in 2025. With everything from new drug regulations to new benefits for first responders with diagnosed PTSD, there’s a lot of new happenings you need to know about!
Georgia Power customers will see an increase in their monthly bills starting in 2025. The utility company recently announced plans to raise rates in order to cover the costs of necessary infrastructure upgrades and investments in renewable energy sources.
While the exact amount of the rate increase has not been finalized, customers can expect to see a noticeable difference in their bills. Georgia Power stated that the rate hike is necessary to ensure reliability and sustainability in the state's energy grid.
This news comes at a time when many households are already struggling to make ends meet, and the prospect of higher energy bills is likely to be unwelcome for many customers. However, Georgia Power has emphasized that the rate increase is essential for the long-term health and stability of the energy system.
Customers are encouraged to stay informed about the upcoming changes and to explore options for managing their energy usage in order to minimize the impact of higher bills. As the date of the rate increase approaches, Georgia Power will provide more information about how customers can prepare for the changes ahead.
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GA Power, higher bills, electricity rates, rate increase, Georgia Power, customer bills, energy costs, utility bills, residential rates, price hike, electric rates, utility costs
