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Alcohol stocks decline after US surgeon general recommends cancer warnings on drink labels, citing increased cancer risk with consumption.
Wells Fargo forecasts Citigroup's stock could double in value over three years, boosted by management changes and rising profits.
U.S. stocks rose on Friday morning, driven by Nasdaq gains, while beverage makers fell following a surgeon general's warning on cancer risks.
Investors anticipate the U.S. jobs report as a key indicator for stock market trends in 2025 following a volatile end to last year.
Rivian surpasses fourth-quarter delivery expectations as it resolves an earlier component shortage, signaling a positive shift for the electric vehicle maker.
Hong Kong's Hang Seng Index rises as Shanghai falls, reflecting ongoing US-China trade tensions and instability in Asian markets.
Wall Street advances as tech stocks recover, with investors focused on upcoming policy shifts under the incoming Trump administration.
Stock prices of alcohol producers fall sharply after the US Surgeon General calls for cancer warnings on alcoholic beverage labels.
Goldman Sachs reports hedge funds delivered their best average returns since 2020, reaching 12.75% in 2024 amid volatile market conditions.
Experts warn that soaring stock valuations could lead to a significant market drop, impacting consumer confidence and the economy in 2025.
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