What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.43%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.13%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.88%. Stocks this morning are moderately higher, recovering from some...
Valkyrie Bitcoin Miners ETF WGMI, which provides exposure to the bitcoin mining industry, has gained about 117% so far this year, becoming the top-performing ETF of the first nine months of 2023.Although most of the stocks in WGMI
The S&P 500 and the Nasdaq made a slight recovery on Friday as Treasury yields retreated from multi-year highs, while shares of Ford jumped on news of progress in labor talks with workers' union.
CrowdStrike Holdings, Inc. CRWD recently raised its outlook for key margins over the next three to five years as the demand for cybersecurity solutions continues to increase amid rising cyberattacks. The company updated the outloo
Infosys' INFY wholly-owned subsidiary, Finacle, has been chosen as the new digital transformation partner by Nigeria's Guaranty Trust Bank (“GTBank”). Notably, GTBank is set to initiate its multi-country digital transformation pro
Wall Street ended sharply lower on Thursday as Treasury yields surged to multi-year highs and investors grew worried that the Fed’s monetary tightening campaign could be in place for longer than expected following the FOMC meeting
Wall Street's main indexes were on track to open higher on Friday after concerns over interest rates battered stocks in the prior session, while investors awaited data and comments from policymakers to assess the Federal Reserve's next steps.
Enthusiasm about artificial intelligence (AI) has driven substantial gains in the stock market this year, and it certainly has investors' attention. The technology is still in the early stages of its development, but Wall Street's estimates about its long-term potential are stagg
The Federal Reserve left its policy interest rate unchanged, as widely expected, in its September meeting. However, all three major indexes declined as the Fed hinted at another rate hike this year as concerns grew that inflationa
Wall Street index futures inched up on Friday after concerns over interest rates battered stocks in the prior session, while investors awaited data and comments from policymakers to assess the Federal Reserve's next steps.
Investors should use the concept of accounting ratios to evaluate a company’s profitability. After all, they always seek a profitable company over a loss-making one. They also look for companies that offer sturdy returns even afte
Not too long ago, cryptocurrencies looked like one of the best investment opportunities, as bulls thought the digital system could eventually replace traditional payment methods. But the decentralized aspect of crypto has made it challenging to rely on its growth, with prices flu
The Invesco QQQ Trust (NASDAQ: QQQ) is one of the most popular exchange-traded funds (ETFs). It aims to track the Nasdaq 100 index, which includes the 100 largest non-financial companies listed on the Nasdaq exchange. It contains a who's who of the technology sector, counting Mic
Futures tracking Wall Street indexes inched up on Friday after concerns over interest rates battered stocks in the prior session, while investors kept a watch on data and comments from policymakers to assess the central bank's next steps.
Cathie Wood doesn't hold much back in her views about Nvidia (NASDAQ: NVDA) these days. She has stated several times that the stock is too highly valued. While Nvidia remains in her Ark Invest portfolio, Wood has sold much of the previously large stake this year.
December S&P 500 futures (ESZ23) are trending up +0.22% this morning after three major U.S. benchmark indices finished the regular session in the red as the latest data on the labor market reinforced the case for the Fed’s stance of holding rates higher for longer.
For the past 30 years, investors haven't lacked for next-big-thing trends to latch onto. In 2023, absolutely nothing has captivated investors' attention more than artificial intelligence (AI).