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S&P 500 Gains and Losses Today: Enphase's Cost Cutting Charges Up Solar Stocks

The S&P 500 gained 0.6% on Tuesday, Dec. 19, 2023, amid optimism on Fed rate cuts, strong housing data, and the traditional "Santa Claus rally."
Enphase Energy shares led the index higher as it laid off workers and made other cost cuts in response to difficult macroeconomic conditions facing the solar sector.
FactSet also warned about macroeconomic uncertainty and said it would be cutting costs, but its shares dropped.

Read more about what moved the markets today

Boeing Gets First Single-Aisle Plane Order From Lufthansa in Almost 30 Years

Boeing said Lufthansa would buy single-aisle aircraft from the plane maker for the first time since 1995, when it moved to an all-Airbus single-aisle fleet, although it continued to buy Boeing’s wide-body planes.

Affirm Stock Jumps 15% as It Expands Buy Now, Pay Later Relationship With Walmart

Affirm Holdings shares hit their highest level since February 2022 as the payment network expanded its buy now, pay later (BNPL) relationship with Walmart.

Why Prices Are Probably Never Going Back Down

Inflation may be going down, but those pre-pandemic prices we remember at the grocery store, car dealerships, and department stores? They’re most likely gone forever.

Regulation Could Shape AI in 2024, With Big Tech Best Poised To Gain, Experts Say

The new year could be dominated by widespread regulation of artificial intelligence (AI), with the big tech companies best set to gain while regulators work to keep up with the evolving technology.

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