Topline The Federal Reserve reaffirmed that it is unlikely to take its foot off the pedal as it continues to raise interest rates until inflation eases in a meaningful way, with officials indicating t...
Tag: stock market
Dow Falls 200 Points, Stocks Lose Steam After Target Profits Plunge
Topline The stock market fell on Wednesday, with the recent rally on Wall Street taking a breather as investors assessed the latest batch of retail earnings—particularly a sharp drop in profits from T...
Fed Still Has A ‘Long Way To Go’ As It Tries To Tame Inflation Without Causing A Recession, Goldman Predicts
Topline While the Federal Reserve has made progress cooling the economy, there has still been “little convincing progress” in bringing down wage growth and high inflation, according to analysts at Gol...
Yield Curve Inversion Deepens And Lengthens, Upping Recession Chances
NEW YORK, NY – MARCH 06: Traders work the floor of the New York Stock Exchange (NYSE) on March 6, … [+] 2020 in New York City. Stocks fell for a second day as investors seek refuge in gove...
Stocks Struggle After ‘Underwhelming’ Data From China Sparks Global Recession Fears
Topline The stock market moved slightly lower on Monday as disappointing economic data out of China led to rising concerns about a global recession and a drop in oil prices; meanwhile, investors are l...
A $470 Billion Error? What’s Driving AMTD (HKD), GameStop (GME), AMC And Other Meme Stocks
GameStop SOPA Images/LightRocket via Getty Images Are Reddit traders back at it again? After listing in New York, a small, obscure Hong Kong company called AMTD Digital (HKD) exploded a crazy 14,000% ...
Dow Gains 300 Points After New Economic Data Indicates Inflation Has Peaked
Topline The stock market jumped for a second day in a row after more economic data showed that pricing pressures eased in July, which added to investors’ hopes that inflation may have peaked—though so...
Bitcoin mining stock report: Tuesday, August 9
Most bitcoin stocks declined on Tuesday, as the coin’s value fell closer to the $23,000 mark. Bitcoin was priced at around $23,100 at market close, according to data from TradingView. Stronghold...
Dow Jumps 400 Points After Consumer Prices Cool Slightly In July—Has Inflation Peaked?
Topline The stock market surged higher on Wednesday after a better-than-expected inflation report for July, boosting investor sentiment as consumer prices fell for the first time in months, adding to ...
Some Experts Are Warning Of A ‘Bear Market Rally’—Here’s Why Stocks Could Hit New Lows
Topline Several Wall Street experts are warning that despite moving higher in recent weeks, the stock market still has further to fall—with recent gains likely to be nothing more than a “bear market r...
Bitcoin mining stock report: Friday, August 5
Bitcoin mining stocks recovered on Friday, as the coin’s price fell below $23,000 after reaching $24,400 earlier in the day. Core Scientific saw its stock rise by 10.65% after announcing that it...
Robinhood, Carvana And More—These Stocks Are Surging After Announcing Cost Cuts
Topline Shares of Carvana and Beyond Meat surged Friday, making them the latest companies to be rewarded by investors after announcing layoffs or cost cuts in recent weeks amid a challenging economic ...
Stocks Fall Despite Strong Jobs Report As Investors Fear Bigger Fed Rate Hikes
Topline The stock market fell Friday after the U.S. economy added back a better-than-expected 528,000 jobs in July, with investors now anticipating that a strong labor market will keep the Federal Res...
Tesla’s 3:1 Stock Split Wins Shareholder Approval—Here’s What It Means For Investors
Topline Shares of electric vehicle maker Tesla rallied in after-hours trading Thursday as the company won shareholder approval for a 3:1 stock split, the second such move in around two years, as the w...
AMTD Digital Plunges Nearly 40%—Stay Away From This ‘Absolute Scam,’ Expert Warns
Topline Shares of Hong Kong fintech firm AMTD Digital continued to plunge on Thursday, crashing for a second day in a row after rising more than 21,000% since its July IPO, with experts calling it a n...
‘Reset Of Investor Expectations’ —JPMorgan Issues Bold Stock Market Prediction After S&P500, Dow, And Nasdaq’s Worst First-Half In 50 Years
Bull market Getty Images This year, the stock market had its worst first-half in 50 years. The S&P 500—the key benchmark for US stocks— dropped 24%, and the tech-heavy Nasdaq shed 33% of its value...
Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data
Topline The stock market rallied on Wednesday, reversing losses from earlier this week thanks to stronger-than-expected economic data which helped offset lingering recession fears, even as Federal Res...
The Average Bear Market Lasts 289 Days. How Long Do We Have Left?
Getty Images Recession. Layoffs. Decline. Crash. There’s a lot of that going around lately. A lot of downbeat projections and a general feeling of fear and dread. But what if we told you that the U.S....
Here’s Why More Fed Officials Are Warning That The Market Is Getting Ahead Of Itself
Topline An increasing number of Federal Reserve officials are pushing back against the latest market rally, dismissing recent optimism about an upcoming “pivot” in monetary policy as wishful thinking ...
U.S. And Chinese Stocks Plunge As Tensions Escalate Before Pelosi’s Visit To Taiwan
Topline Global stocks tanked ahead of House Speaker Nancy Pelosi’s planned visit to the democratically governed island of Taiwan on Tuesday, a move which has led to rising tensions with China and that...
Stocks Take A Breather After Market’s Best Month Since 2020
Topline The stock market fell on Monday despite recently posting its best month since 2020, as investors continue to worry about a potential slowdown in corporate earnings, more rate hikes from the Fe...
Economics Of The Stock Market
Boston Celtics’ Jaylen Brown (7) (left) and Marcus Smart guard Warriors Stephen Curry. (Photo by … [+] John Tlumacki/The Boston Globe via Getty Images) Boston Globe via Getty Images Can ec...
Here Are The Market’s Biggest Winners And Losers
The S&P 500 rose 9.2% in July to make up plenty of ground it lost in the first half. Getty Images The stock market bounced back from its worst first half in 52 years with its best month since Nove...
Stocks Rally Despite U.S. GDP Shrinking For A Second Quarter In A Row—But Experts Say No Recession Yet
Topline The stock market moved higher on Thursday despite U.S. economic growth contracting for the second quarter in a row, a significant recession indicator which spooked markets—though most experts ...
Bitcoin mining stock report: Tuesday, July 26
Bitcoin mining companies were down in the stock market on Tuesday afternoon, as bitcoin’s value fell below $21,000. The coin was trading at around $20,900 at market close. TeraWulf, Bit Digital ...
Dow Jumps 400 Points After Fed Hikes Rates By 75 Basis Points
Topline The stock market jumped on Wednesday after the Federal Reserve raised interest rates by 75 basis points for the second consecutive month in a row, with Fed Chair Jerome Powell hinting that the...
Stocks Rally Ahead Of Fed Decision, Microsoft And Alphabet Rise After Earnings
Topline The stock market moved slightly higher on Wednesday morning thanks to a boost from Big Tech stocks like Microsoft and Alphabet, which both rallied despite missing earnings estimates, while inv...
S&P 500 Falls Over 1% After Walmart’s Profit Warning, Consumer Confidence Tumbles
Topline The stock market fell on Tuesday, with retail stocks leading declines after Walmart slashed its profit outlook for the rest of the year and warned that high inflation is having an impact on co...
Walmart Shares Plunge Nearly 10% After Company Warns Of Profit Slowdown Due To Inflation
Topline Shares of Walmart fell nearly 10% in after-hours trading on Monday after the company slashed its profit outlook for the second quarter and rest of the year, warning that high inflation is havi...