Wall Street rallies after a better-than-expected earnings report from Walmart and Netflix. The crypto market just ate up an estimation of $126 billion when FTX announced its bankruptcy this week. The vast majority of cryptocurrencies declined massively. Wall Street also took a significant hit on this week’s opening day. In today’s mid-day trading hours, Wall […] More
Wall Street gained more than $400,000 from the midterm elections and a weaker-than-expected CPI report. November’s second and third weeks saw an improvement in its Wall Street gains, posting four days of gains out of five. On Wednesday, Wall Street declined after the two-year low in BTC prices. For the first time since 2020, BTC […] More
Investors turned their focus on the midterm elections, and Wall Street bet on a win for Republicans in Congress. Investors had turned their focus on a more crucial subject on Tuesday: the midterm elections. Most investors are hoping for a big win for Republicans due to rising interest rates and the hot inflation index. Last […] More
Despite a better-than-expected U.S. jobs report, two of the main Wall Street indexes failed to achieve gains on Friday. The stock market delivered a mixed performance on Friday during trading hours. According to the Bureau of Labor Statistics, the U.S. added more jobs in October, adding 261,000 new jobs. Yet, the concerns about the federal […] More
A devastating week for tech stocks ended after a disappointing earnings report from Amazon and Appel, Inc. Due to a global supply and demand crisis, apple stock prices are down by 16 % annually. Following the release of Appel’s fourth fiscal earnings report, Wall Street opened lower on Friday. Appel, Inc`s revenues were expected to […] More
Wall Street jumped higher on Tuesday morning, and home prices are moving to a balancing point. After last week’s setbacks, Wall Street gained some momentum in the last two days. The main indexes opened positively and earned higher returns in today’s session. After a strong growth report from GM’s earnings reports the Nasdaq jumped by […] More
The S&P 500, Dow, and Nasdaq all opened higher on Friday following an upbeat report from FED officials. Wall Street opened higher in Friday’s session after rising hopes of smaller interest hikes. The Wall Street main index opened higher and covered some of this week’s losses. The S&P 500 index rose by 1.81%, and the […] More
Treasury bonds rise, Wall Street falls, and the chip maker war reaches a tipping point. The slide on Wall Street continues this week, and things are getting out of control as the probabilities of a slowing economy jump higher. The energy crisis in Europe is adding extra pressure on oil and natural gas prices. The […] More
Wall Street is struggling, and global central banks are expecting the worst Economists, CEOs, traders, and investors have argued that higher interest rates have caused what some call the new normal. It only seems logical to call September’s CPI report shocking and an-encouraging to some extent. The Bureau of Statistics released the consumer index report […] More
The Wall Street experts hope that the Federal Reserve avoids a fourth consecutive 75bp and Biden says the U.S economy will avoid a recession. For the past 10 months, the U.S. federal reserve has been in a continuous battle for the sole purpose of taming inflation. Yet, despite the hard efforts, the September producer price […] More
The U.S 10 year Treasury jumps and increasing borrowing costs will lead to market recession The chances of a 75 basis point interest hike just increased from 83.4% to 92% after the release of the non-farm payroll report. The non-farm payrolls in the U.S increased by 263.000 last month, compared to the 315.000 added jobs […] More
Nasdaq jumps on Tuesday session, and the oil groups start a conflict with the Biden administration The story between Tesalm CEO and Twitter CEO has been updated this week with positive news. Bloomberg reported that Musk is willing to agree to the acquisition for the original share price of $54.2 per share. The main reason […] More