Featured Author, Invest 101

US stock quick picks – 3Jan 2025

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Notables

Notable Earnings Today: N/A.
Notable IPOs Today: A SPAC III Acquisition Corp. Class A Ordinary Shares (Nasdaq: ASPC).
Notable Equity Crowdfunding Campaigns Ending Today: Dr. Clark Store (Honeycomb).
Notable Economic Events Today: ISM Manufacturing PMI / Prices / Employment (10:00 a.m. ET).
What else is happening…
Popular choice: Nuclear players start year atop S&P 500 leaderboard.

Tesla (TSLA) falls short of Q4 and full-year deliveries expectations.

Samsung refrigerators can now order groceries through Instacart.

Baidu (BIDU) sees AI applications growing ‘explosively’ in 2025.

Weight loss drugs can cut grocery spending by up to 9% – study.

Choppy 2025? Wall Street extends losing streak to five days.

Mortgage rates touch highest levels in almost six months.

Carvana (CVNA) skids as Hindenburg Research issues short report.

Will Biden block more offshore oil drilling before Trump takes over?

Bulls vs. Bears: The Schwab U.S. Dividend Equity ETF (SCHD).

Today’s Markets
In Asia, Japan closed. Hong Kong +0.7%. China -1.6%. India -0.9%.
In Europe, at midday, London -0.1%. Paris -0.9%. Frankfurt -0.4%.
Futures at 6:30, Dow +0.1%. S&P +0.2%. Nasdaq +0.3%. Crude -0.3% to $72.95. Gold flat at $2668.10. Bitcoin -0.2% to $96,443.
Ten-year Treasury Yield -2 bps to 4.55%
Today’s Economic Calendar