:max_bytes(150000):strip_icc()/MarketBlogImage-final-6ac06c7b9250446a8e86c566b11e02e1.png?w=1500&resize=1500,1013&ssl=1 "Stocks Remain Steady Before Jobs Report Release; GameStop Surges")
Stock Index Closures: Discount Retailers and AI Stocks in Decline The recent stock market movements in various indices have shown a mix of gains and losses in different sectors. Notable gainers included Salesforce and Amazon in the Dow Jones index, while Boeing also saw positive movement following the successful docking of its Starliner spacecraft. In … Read more
Barry Knapp, managing partner at Ironsides Macroeconomics, recently discussed the possibility of the United States facing a sovereign debt crisis on ‘Making Money.’ In other news, Nvidia’s stocks have reached a new all-time high, contributing to a boost in retirement accounts as the Nasdaq hits a new record. Additionally, News Corp. and OpenAI have struck … Read more
The founder of 10x Research, Markus Thielen, predicts that the Securities and Exchange Commission (SEC) may approve US-listed Ethereum (ETH) exchange-traded funds (ETFs) today. This comes after SEC Chair Gary Gensler warned cryptocurrency investors to be aware of the risks before making any investments, just hours before the approval of a Bitcoin ETF. Thielen believes … Read more
Asian stocks were mostly stable to lower on Wednesday as investors awaited further signals on U.S. interest rates from the recent Federal Reserve meeting. Optimism about China cooled, affecting sentiment towards regional markets, while investors were cautious about tech stocks ahead of key earnings from NVIDIA Corporation. Japanese stocks fell after disappointing trade data, with … Read more
Summary: U.S. stock index futures showed little movement on Monday afternoon as buying momentum in technology stocks paused. The Nasdaq was expected to reach historical highs with the upcoming earnings report from Nvidia. Concerns about interest rates and inflation persisted, with Federal Reserve officials highlighting the need for confidence in inflation data before considering rate … Read more
Credit: Shutterstock The UK’s Competition and Markets Authority Monday approved the proposed $61 billion megamerger between Broadcom and VMware, saying that the deal would not substantially affect innovation or harm… Source link