Stocks
Author: Maria Andretti
Last Updated: 20 July 2021
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. […]
Author: Maria Andretti
Last Updated: 23 June 2021
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 […]
Author: Jeffrey Taylor
Last Updated: 20 June 2021
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 […]
Author: Jeffrey Taylor
Last Updated: 14 June 2021
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 […]
Author: Michael Stern
Last Updated: 1 June 2021
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 […]
Author: Jeffrey Taylor
Last Updated: 20 May 2021
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 […]
Author: Michael Stern
Last Updated: 8 May 2021
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 […]
Author: Jeffrey Taylor
Last Updated: 24 April 2021
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. […]
Author: Maria Andretti
Last Updated: 14 April 2021
US stock futures were flat in the early hours of Wednesday morning trading on April 14th. Investors are holding off in anticipation of Q1 earnings reports from various companies, at which point the markets should see an increase in volume and volatility. The Dow Jones industrial average futures only had a 6-point gain when the […]