The evershifting and fast-moving stock market often rewards the forward thinkers. What is up today could be down tomorrow, all from some unforeseen development. Yet, insight into the ongoing trends could have you better prepared to handle all the minutia of finance. With that being said, we’ve identified 6 of the best stocks to buy…
With the stock falling notably in recent months, Intel (INTC) is eyeing a Halloween turnaround with a key financial report looming. The tech stock had seen its value falter since the Q2 revenue report fell below expectations. However, that could be poised to turn the corner in the coming weeks. The company has still been…
In a rather unexpected reversal, Vistra and other utility stocks have experienced a notable fall from the record highs they enjoyed to start the month. Indeed, VST, Constellation Energy, and NRG Energy had seen their recent momentum questioned after they dropped from notable marks hit last week. The fall has continued to reinforce the potential…
In what is certainly an optimistic development, one of the biggest Wall Street bears has officially turned bullish on the stock market after what was a 2-year downturn. Indeed, JPMorgan strategists have reversed course on stocks for the first time since turning bearish in October 2022. The financial institution’s chief global equity strategist, Dubravko Lakos-Bujas,…
The US stock market has delivered several multi-baggers in five years, making investors’ wealth double or triple. One such share is Microsoft (Nasdaq: MSFT), which surged nearly 200% in the last five years alone. An investment of $10,000 in 2019 could have turned into nearly $30,000 today, which is a massive return in five years….
September 28, 2024 at 06:23 AM GST updated: September 27, 2024 at 06:14 PM 2 mins read News Investment management is shifting to data science solutions and this is good news for MSCI. Thus the fintech industry continues to grow and challenge the conventional banking industry which The Bancorp is part of. There is always…
Virat Industries shares have hit the 10% upper circuit for six days straight and are currently attracting heavy bullish sentiments. The small-cap garments and apparel stock has also surged 100% in a month doubling investors’ money in a short span. Traders who took an entry position early this year have made massive profits with the…
Turkey has decided not to move forward with a new tax targeting stock market and cryptocurrency gains, according to Vice President Cevdet Yilmaz. While previously discussed, the plan has been dropped, with the government focusing instead on reducing tax exemptions. This shift follows concerns about the stock market and broader efforts to stabilize the economy…
Nvidia shares (NVDA) are the most sought-after asset in the US stock market, having surged 140% year-to-date. They more than doubled investors’ money in just nine months and are still attracting bullish sentiments in the charts. The inflow of funds into the stock has barely dipped and traders are buying in on the dips cementing…
Indian Railway Finance Corporation (IRFC) shares have delivered incredible returns over the last year. The stock hit an all-time high of ₹229 in July 2024 but has since cooled off. The stock is currently down by nearly 32% from its July peak. Also Read: Buy Gold: Target Price $3,000, Says Analyst Anshul Jain, the Head…
The U.S. stock market surged on Thursday following the Fed’s 50bps interest rate cut, with the S&P 500 reaching a new high. The Fed’s rate cut is the first in four years, following a string of years of battling inflation in the country. Stocks took a slight tumble in the closing hours following the rate…
Economist and gold advocate Peter Schiff has sounded the alarm on the Federal Reserve’s latest actions, linking a significant rate cut to rising gold prices and a weakening U.S. dollar. His warning about a deepening recession and rising inflation adds weight to concerns about future economic stability. “It’s game over for the Fed,” Schiff stressed….
The latest consumer price index (CPI) from the U.S. Bureau of Labor Statistics shows that inflation cooled to 2.5% in August, marking the slowest rate since 2021. Meanwhile, core CPI, which strips out the fluctuating food and energy sectors, posted a 0.3% increase for the month. Stocks, Bitcoin, and Gold Unmoved by CPI Data On…
The US stock markets had a fabulous run in 2024, as all the top three indexes surged in value. The S&P 500 and Nasdaq Composite shot up 15%, while the Dow Jones Industrial Average surged 8% year-to-date. Investors who entered the index funds this year made profits as leading stocks spiked in value. The stocks…
Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy. While Harris supports parts of President Biden’s tax plan, Cuban emphasized it is not her final stance. He also raised concerns about the policy’s impact on early-stage companies struggling with cash…
September 7, 2024 at 09:40 PM GST updated: September 7, 2024 at 09:02 PM 3 mins read News Nvidia stock dropped 14% in a week, impacting tech and crypto markets, with Bitcoin falling 9% and AI coins down 15%. Fundstrat’s Tom Lee sees Nvidia’s correction as a potential buying opportunity, with a projected target of…
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above the $2,500 per ounce mark. Recession Fears Loom as…
Ace investor Warren Buffett turned 94 on August 30 this year, but his drive for generating profits has never stopped. The 94-year-old is relentlessly and tirelessly making billions a year through his investments in the US stock market. With his decade-long years of market experience, Buffett has tips and advice for every generation. His rich…
It’s business as usual in the US as recession worries fade, leading to the stock markets returning to the greener side of the spectrum. In the last five trading days alone, the US stock market has rallied, generating decent returns to investors. Also Read: New Country Shows Interest To Join BRICS Before 2024 Summit Stock…
Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of…