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(Bloomberg) -- Wall Street analysts are quickly scaling back their forecasts for Corporate America’s earnings growth over the next year, which could pump the brakes on the blistering stock market rally before long.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftUnder Trump, Prepare for New US Transportation PrioritiesNYC Congestion Pricing Plan With $9 Toll to Start in JanuaryAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceZimbabwe City

The U.S. utility industry wants the incoming Trump administration and Republican-led Congress to preserve clean energy and EV tax credits in the Inflation Reduction Act, Pedro Pizarro, the CEO of utility Edison International said on Saturday. The 2022 IRA contains hundreds of billions of dollars in subsidies for clean energy and is billed as outgoing President Joe Biden's signature law to combat climate change. President-elect Donald Trump, a climate skeptic, has vowed to rescind it, something that would require support of Congress.

Elon Musk has said AI-powering graphics processors 'at this point are considerably harder to get than drugs.'

Shopify (SHOP) and Block (SQ) are two very different companies, yet both operate in the e-commerce and payments sectors, serving businesses in related ways. Over the past five years, their trajectories have been quite similar – both were major beneficiaries of pandemic tailwinds, only to face significant drawdowns as those effects faded. Using TipRanks’ Stock Comparison Tool, this article provides a closer look at the recent developments of both companies, including their latest Q3 earnings repo

A pro-crypto regulatory overhaul, combined with the creation of a strategic Bitcoin reserve, could lead to a crypto bull market rally in 2025.

Also: Trump’s cabinet choices, a possible extension for the bitcoin rally, and how cars destroy wealth

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With 2025 on the horizon, investors are sharpening their focus on the year ahead, selecting portfolio additions that aim to bring solid returns. “There is reason to be bullish,” says Jordan Jackson, a JPMorgan strategist covering the markets. He highlights positive trends in inflation and interest rates, noting that consumer spending is likely to respond in kind. “I think over the course of next year, we should continue to see consumers start to feel a little bit more confident about their walle

(Bloomberg) -- US inflation is proving stubborn while consumer spending shows scant signs of any concerning slowdown, laying the groundwork for a more cautious approach to interest-rate cuts from the Federal Reserve.Most Read from BloombergIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftUnder Trump, Prepare for New US Transportation PrioritiesNYC Congestion Pricing Plan With $9 Toll to Start in JanuaryZimbabwe City of 700,000 at Risk of Running Dry by Year-EndSaudi Neom Gets $

Walmart is set to report earnings before the market opens Tuesday for the third quarter of fiscal 2025, with analysts expecting improving sales as Walmart continues to expand its customer base.