Finance

Robinhood Strategist: It's 'A Stock Picker's Market' in 2025

According to Robinhood's outlook for the new year, the Federal Reserve's progress in controlling inflation is likely to stall in 2025. Stephanie Guild, Robinhood Financial's head of investment strategy, joins Seana Smith and Madison Mills on Catalysts to share her market expectations (^DJI, ^GSPC, ^IXIC).

Guild explains that the expectation of rates remaining higher for a longer period than initially thought "keeps much of the market in check."

TECH

Nvidia Expands Global Hiring to Strengthen Critical New Tech Sector

Nvidia (NVDA) stock may be facing pressure as a Chinese regulatory investigation continues to impact its performance, but the company remains highly committed to growth.

Since the news of the probe broke, NVDA has been volatile, dropping 5% over the past five days. Despite the potential for a $1 billion fine if found guilty of antitrust violations, Nvidia has made it clear that it is not backing down from its ambition to dominate the rapidly growing Chinese tech market.

In fact, Nvidia’s hiring in China is on the rise, even after a year of expanding its workforce there. This increase in recruitment signals that Nvidia is prioritizing the expansion of its research capabilities in China, with a particular focus on conquering a specific segment of the burgeoning Chinese tech industry.

CRYPTO

Trump’s Crypto Venture Teams Up with Platform Tied to Middle East Militants

A crypto venture recently launched by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has formed a partnership with a crypto platform that authorities and financial experts claim has been used by criminals and Iran-backed militant groups, including Hamas and Hezbollah. World Liberty Financial Inc., founded by the Witkoff family two months before the November U.S. election with Trump as a financial beneficiary, raises concerns regarding ethics and potential conflicts of interest, according to six specialists in U.S. government ethics.