The Dow Jones Industrial Average DJIA, +0.29%, the S&P 500 index SPX, +0.65%, and the Nasdaq Composite COMP, +1.04%, set new highs after the Federal Reserve said on Wednesday that it would begin decreasing its monthly asset purchases. More
Last week around the same time, the news that made Tesla a trillion-dollar company was taken back by Elon Musk. Musk tweeted that there hasn’t been an official deal that has been signed with Hertz, and there will be a slight delay. More
On Monday, the stock market hit record highs after the United States and the European Union agreed to lower tariffs. On Wednesday, investors will hear more from the Federal Reserve. More
Investors digested dismal earnings numbers from Apple (AAPL) and Amazon (AMZN) that came during an otherwise excellent quarterly reporting season from several major businesses, sending stocks to new highs on Friday. The S&P 500 hit intraday and closing highs never seen before. In October, the index increased by more than 6.5%, marking its most significant […] More
Markets on Thursday opened to some big news. Tech giant and the social media monopoly Facebook decided to dive into avatars and a virtual metaverse of sorts. Changing the name of the company to META. The new stock ticker (acronym symbol) for META would be $MVRS, going live from 1st December 2021. However, investors were […] More
3 Rapidly growing companies Here are three names well worth considering ahead of their quarterly reports in the days ahead. Diamondback Energy Earnings Date: Monday, Nov. 1, after the close EPS Growth Estimate: +345.1% YoY Revenue Growth Estimate: +111.1% YoY Year-To-Date Performance: +130.7% Market Cap: $20.2 Billion Diamondback Energy (NASDAQ:FANG)—which blew past estimates for earnings […] More
After a volatile day in the markets, stock futures opened marginally higher Wednesday evening, with the major indexes retreating from record highs. On Thursday, traders are anticipating fresh earnings and economic news. Contracts on the S&P 500 increased in value. After posting two days of record closing highs, the blue-chip index fell on Wednesday. The […] More
The Companies that beat it out to be the knight in the shining armour this Tuesday are the Parent company of Google, Alphabet and Microsoft. They closed out at a higher than expected earnings at the end of the day and topped the charts. Along with the front runners, we also have the S&P 500 […] More
The Bull Run Pushed Tesla’s Market Cap Above $1 TRILLION The end of summer has brought in a lot of surprising positives for a lot of companies. They report their unexpectedly high profits this quarter, which pushes the returns on stocks beyond the green line. The markets have picked up quite the pace after things […] More