Why do share prices fall after an interest rate cut? This is what the experts think
The Federal Reserve gave investors exactly what they said They wanted to cut interest rates by a whopping 50 basis points on Wednesday – but that was still not enough. After a brief rise after the initial announcement, stock prices…
Where will fuboTV stock be in 5 years?
Superficially, streaming TV equipment fuboTV (NYSE:FUBO) looks like a winner. Traditional cable TV is expensive, but streaming the same programs over a broadband connection is a cheaper alternative. Each of Fubo’s pricing plans also offers access to more sports channels…
AGAPE ATP Corporation announces 1:20 reverse stock split effective August 30
AGAPE ATP CORPORATION KUALA LUMPUR, MALAYSIA, August 28, 2024 (GLOBE NEWSWIRE) – AGAPE ATP Corporation (NASDAQ: ATPC) (“Agape” or “the Company”) today announced the filing of a certificate of amendment with the Nevada Secretary of State, effective August 30, 2024,…
NYSE Nasdaq US Stock Market: US Stock Market Tuesday: S&P 500, Dow Jones at record highs, list of stocks with the highest gains
Wall Street is on a roll as U.S. stock market indexes rose on the New York Stock Exchange on Tuesday. The S&P 500 and Nasdaq Composite each ended the day 0.2 percent higher after fluctuating between small gains and losses…
According to analysts, the share price collapse of Temu owner PDD reflects the “shattered confidence of investors”
A 28.5 percent plunge on Monday that wiped $55 billion off the value of PDD Holdings, owner of shopping apps Temu and Pinduoduo, reflected “shattered investor confidence” in the company’s future after top management stunned investors by downplaying its earnings…
4 Low Price-to-Earnings Stocks at or Near 2024 Peaks
low P/E, ADR getty The Standard & Poor’s 500 is currently trading at a Shiller price-earnings ratio of 36.22. While this is not quite at the historic high of 44 from 1999-2000, it is definitely above the 7 or 8…
Nasdaq hits record ahead of new inflation data
Traders expect a flood of economic data this week.Michael M. Santiago/Getty The Nasdaq hit a record in early trading on Tuesday, while other indexes delivered mixed numbers. Traders await PCE inflation data on Friday. Markets will also digest housing market…
A good technology stock for long-term purchase
We recently published a list of The 10 best technology stocks for long-term purchase. In this article, we take a look at where NVIDIA Corporation (NASDAQ: NVDA) is performing compared to other technology stocks. An analysis of the technology industry…
Stock market today: Dow rises after Powell supports rate cuts
US stocks are approaching record highs on Friday after the head of the US Federal Reserve finally said out loud what Wall Street has been expecting for some time: interest rate cuts will soon come to help the economy. The…
The worst day on the stock market since the crash of August 5
Top line Wall Street experienced a cold chill on Thursday ahead of a major speech by Federal Reserve Chairman Jerome Powell, and major indices recorded their worst days in weeks. Slow down: The S&P 500 came within 0.5% of its…
