Tag: Stock market

Berkshire Hathaway has decided to reduce its substantial stake in Bank of America for the first time in over 4½ years. The conglomerate, led by Warren Buffett, sold 33.9 million shares of the bank...

The stock market has been facing some challenges lately due to various factors like upcoming elections and geopolitical tensions. However, investors can still navigate these rough waters by focusing on long-term prospects rather than...

The upcoming week is filled with important events that could impact the global markets. On Monday, the People's Bank of China (PBoC) is expected to maintain the Loan Prime Rate (LPR) at 3.45% for...

FTSE China A50 Index Futures (XIN9) are a popular choice for international investors looking to get involved in China's A-share market. These futures, traded on the Singapore Exchange, track the performance of the 50...

The impact of Joe Biden dropping out of the presidential race on the bond and foreign exchange markets is a topic of much discussion and speculation. Following the recent debate on June 28, there...

Investors are eagerly awaiting upcoming economic events that will shed light on the current state of various economies and potentially impact their trading decisions. One key event is the release of the first estimate...

Traders and investors are usually resilient, but recent comments by former President Donald Trump have rattled their confidence. Following Trump's statement that Taiwan should pay for its own defense against China, shares of major...

Frontier Group Holdings, the parent company of Frontier Airlines, has seen a significant decline in its stock price, with a 38% drop in recent months and over 60% decrease in the past year. This...

In the recent trading session, the major stock indices all closed higher with the Dow and the Russell 2000 performing the best, while the Nasdaq lagged behind. The Dow Industrial Average saw a significant...

Global core bonds saw some gains ahead of the release of US retail sales data. UK gilts performed slightly better than Bunds and Treasuries as investors prepare for the upcoming June CPI numbers. There...

Hugo Boss, the German luxury fashion house, saw its stock drop by 9% after revising its sales guidance for 2024 due to a decline in demand from China. The company now expects full-year sales...

The Eco Data Calendar for July 16, 2024, provides a snapshot of various economic indicators from around the world. Here are some key events and their corresponding data:1. Japan's Tertiary Industry Index for May...

Hess Midstream LP (NYSE:HESM) is a midstream player that owns major assets of Hess (HES), one of the largest oil and gas companies. Its assets are used by third parties and HES itself. This...

Dividend-paying stocks are a great way for investors to boost their portfolio returns and find stability in unpredictable markets. By keeping an eye on the recommendations of Wall Street analysts, investors can choose dividend...

The Dollar saw a significant decline last week as market expectations for the Federal Reserve’s policy shifted, making a rate cut in September almost certain. The US CPI report indicated a cooling economy and...

JPMorgan Chase CEO Jamie Dimon recently shared his concerns about inflation and interest rates during an interview on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland. Despite some progress...

HSBC Holdings plc (NYSE:HSBC) is expected to report relatively weak earnings in Q2 2024 at the end of the month. Potential rate cuts ahead are negative for its revenue and earnings growth ahead, but...

It's already halfway through 2024, and the countdown to the US presidential election has begun. While geopolitical tensions like the Ukrainian-Russian conflict and Israeli-Hamas situation are ongoing, the focus has shifted towards political risks...

The pound is currently experiencing a significant breakout, with gains in nine out of the past 10 days, including three substantial increases in a row. This surge can be attributed to the recent clarity...

Sphere Entertainment (NYSE:SPHR) has been on a fascinating journey over the past year, with significant developments and updates that have caught the attention of investors. ALFSnaiper Investment Thesis initially gave a buy rating on...

The inflation report that is highly anticipated is set to be released on Thursday and it may confirm the expectations for the Federal Reserve to reduce interest rates in the upcoming months. The report...

ESCO Technologies, listed on the NYSE as ESE, is a company that specializes in providing filtration, fluid control products, and integrated propulsion systems for various markets such as aviation, navy, space, and industrial sectors....

Oh no, why do people get so scared when they hear the word "correction"? It's like the end of the world when the market drops a few percent. But corrections are actually necessary and...

BMO Capital Markets recently reaffirmed its Outperform rating on Ivanhoe Mines Ltd. (IVN:CN) (IVPAF), setting a price target of Cdn$24.00. The firm praised the company's strong second-quarter production figures, with 100,812 tons of copper...

Jerome Powell, the chairman of the US Federal Reserve, expressed his concerns about the potential negative impact of keeping interest rates high for extended periods on economic growth. He highlighted the strength of the...

Japanese stocks surged to a record high following a rally on Wall Street. The Nikkei 225 daily index, although the Topix may be more important for Japan now due to the shift in ETF...

Last December, I published a positive analysis of AT&T Inc. (NYSE:T), suggesting it was a good buy for dividend investors. I pointed out three main reasons for this recommendation:1. AT&T's stock was trading at...

The Dow Jones Industrial Average (DJIA) experienced a volatile day on Monday, starting with early highs before dropping back down, ultimately closing the day 40 points lower than Friday's closing prices. This marked the...

Eurozone Sentix Investor Confidence took a significant hit in July, dropping to -7.3 from 0.3, a far cry from the expected 0.0. This decline comes after eight consecutive increases, signaling a major setback for...

Investors are currently facing a mixed bag of signals as the economy shows signs of softening while the S&P 500 continues to reach new highs. In such a complex environment, many investors are turning...

Gold Royalty Corp, also known as GRC, has had a strong start to the year with impressive Q1 results. The company reported record royalty revenue of approximately $2.9 million, marking a 289% growth year-over-year....

The upcoming week is filled with various economic events that could impact the global markets. Here is a breakdown of the key events to watch out for:French Election (Sun): The second round of the...

Gold prices surged to a six-week high, reaching $2,385 as traders reacted to the latest US labor market data. Although the June Nonfarm Payrolls (NFP) report exceeded expectations, downward revisions to the figures from...

Global central bankers are currently fixated on fighting the ghost of inflation, despite the fact that the threat of inflation seems to have subsided and the risk of recession looms larger. ECB chief economist...

The Pound Sterling has shown remarkable strength in the currency market, especially after the recent UK parliamentary elections where Keir Starmer's Labour Party secured an outright majority win. This victory has brought much-needed stability...