Stocks


Despite consumer sentiment index letdown, stocks eke out a record close.
Avatar

Author: Maria Andretti

There was a slight change to Stocks on Friday afternoon as the prices were set to increase, narrowly surpassing their record high; investors tried to understand the large economic data from the earning results. The S&P 500 and Dow were among those that set the intraday highs from Thursday’s record, which made it post profits […]

19 Aug 2021
U.S Stock Market Hangs in the Balance as Inflation Continues to Rise
Avatar

Author: Maria Andretti

On Wednesday, the U.S stock market received data showing the most significant increase in inflation in 13 years. This data has fueled the notion that the pandemic stimulus program will be exited earlier than anticipated. Consequently, the rise in inflation has also affected Asian shares and has gotten many investors worried about the next action. […]

20 Jul 2021
The Stock Market May Be Wrong about Federal Reserve and Interest Rates. Here’s Why
Avatar

Author: Maria Andretti

On big exchanges like TD Ameritrade and others, the stock market rallied aggressively at the start of this week even though one Wall Street firm feared that investors were overlooking something important. They worried investors are yet to appreciate how swiftly the Federal Reserve might react to hiking rates. Wall Street has bounced back after […]

23 Jun 2021
Oracle
No TikTok deal is no problem for Oracle
Avatar

Author: Jeffrey Taylor

Oracle in partnership with Walmart planned to buy the US assets of the Chinese-owned viral video app, TikTok. With the exit of Donald Trump from the White House, this plan is now in the dumps. However, investors are seemingly unbothered by the turn of events. They’re still very much treating Oracle like it is a […]

20 Jun 2021
Bill Ackman’s SPAC deal is rewriting the rules for SPACs
Avatar

Author: Jeffrey Taylor

Bill Ackman, founder and CEO of Pershing Square Capital Management has made a move that could change how SPACs operate. This has been dubbed SPAC 2.0 by some. Ackman’s newly established SPAC, Pershing Square Tontine Holdings (PSTH), based in New York, was incorporated in 2020 with a current market value of $4.57 billion. Ackman is […]

14 Jun 2021
The Week’s Big Event Is the Jobs Report for May
Avatar

Author: Michael Stern

As the market enters the often weak month of June, the big event in the world of finance is the U.S. jobs report for May. May was anything but a stellar month, finishing with mixed performance. Both the Dow and Standard and Poor ticked up, with the Dow going up by 1.9 percent. The tech-heavy […]

1 Jun 2021
Wall Street Drifts as U.S. Stocks Slip
Avatar

Author: Jeffrey Taylor

Stocks on Wall Street slipped earlier this week. There was a marked slide in oil and other energy companies, and the slide weighed on a market that has been drifting sideways since establishing a record earlier in the month. On Tuesday, the Dow lost 1.4 percent, slipping 474 points on the day. This drop is […]

20 May 2021
Nasdaq Drops 1.9%, Tech Stocks Sell-Off
Avatar

Author: Michael Stern

Tuesday (May 4) saw stocks move slightly lower. Tech stocks led the way down as investors considered recent comments from Treasury Secretary Yellen where she spoke of the possibility of higher interest rates. The S&P 500 dropped more than one percent, trading off the all-time high. By the close of the trading day, the DOW […]

8 May 2021
Should You Be Buying Coinbase Stock?
Avatar

Author: Jeffrey Taylor

Coinbase finally released its initial IPO and sent the investing world into a frenzy. This is the first major mix of traditional Wall Street investing and cryptocurrency, so a lot of people are eager to learn whether or not they should be investing. It’s hard to say how Coinbase is going to perform over time. […]

24 Apr 2021