The Federal Reserve raised its interest rates by 50 basis points, the biggest jump in the last 22 years. A 50 basis point interest rate hike is now official, as expected by experts and economists, and as hinted by Federal Chairman Jerome Powel last month. Today, May the fourth, the Federal Reserve policymakers hiked their […] More
After releasing their first-quarter results, AMD and Airbnb shares rose more than 3% each. Today, Wall Street is optimistic about economic growth and recovery, particularly in the technology sector. Travel sector stocks rose after releasing Airbnb’s first-quarter results this morning. After two difficult years, the travel industry in the United States has managed to re-establish […] More
Despite the high increase in the US 10-year treasury yield, the S&P 500 recovered its morning losses and increased by 0.45%. Wall Street is about to end Monday’s session with some positive gains, despite the tragic fall in the 10-year U.S treasury yield. Amid fears of this week’s Federal Reserve official meeting, the U.S 1 […] More
Disappointment earnings from Amazon and Apple Inc, the Wall Street fell on Friday morning as the commodities market raises The April earnings results were undoubtedly one of the worst months for Wall Street over the past 20 years. After disappointing earnings from Amazon and Apple, the Nasdaq index fell to its lowest monthly level since […] More
The U.S GDP growth rate declined by 1.4% in the first quarter, amid fears of the consequences of the Russian terms The U.S. economy made an abrupt rebound, raising investors’ hopes of preventing a recession. The U.S. gross domestic product fell by 1.0%, which made investors thrilled about the GDP rate in the first quarter. […] More
The EU leaders have called Russia’s decision to cut gas supplies “blackmail” and have warned European countries not to accept Russian terms. Oil and gas prices’ uptrend direction continues as the consequences of the military operation in Ukraine and the sanctions against Russia are implemented. The U.S sanctions have had an impact on the Russian […] More
The Wall Street indexes fell as fears of nuclear war rose It has been more than two months since Vladimir Putin gave the order to his troops to invade Ukraine. The diplomatic efforts by the United Nations Secretary-General Antonio Gutters continue amid fears of a nuclear war being raised. Russia uses the threat of nuclear […] More
Tech stocks cut losses on Monday morning, leading the S & P gains amid fears of an economic lockdown. Today, Wall Street begins on a high note, with tech stocks rebounding, but investors remain cautious about the market. The COVID-19 outbreak in China remains a concern for Wall Street boys, and the talk of an […] More
Wall Street ends the day with negative earnings, and investors fear the possibility of a market crash. After a disappointing week of earnings for the S&P, the Nasdaq, and the Dow Jones industrial average, investors’ sentiment became low. The S&P recorded losses for the fourth straight day, making it one of the first quarter in […] More
Despite inflationary pressures, the U.S gross domestic product will grow by 3.7%. The White House administration predicts healthy GDP growth for the rest of the year despite concerns about the Federal Reserve’s tightening policy and the war. The White House forecasts were basically based on the international monetary fund’s new global growth projections for 2022 […] More
Netflix’s shocking report results in one of the worst-performing weeks in the tech-heavy Nasdaq index in the first quarter. A shocking subscriber and user report were released by Netflix this morning. The company lost over 200.000 subscribers by the end of the first quarter. The losses of Netflix were the first of their kind over […] More
The Federal Reserve’s tightening cycle might lead to a long-term recession by 2025. It didn’t end well for the Wall Street indexes this past week. All major industries declined for four days straight. Gold is rising as the market’s risk rises, and crude oil remains at an average of $105 per barrel. The growing risk […] More