Get ready for a big event! China's parliament is set to meet from November 4 to 8. This isn't just any meeting—investors are eagerly waiting for news about the country's fiscal stimulus. Last year, the same meeting saw China's fiscal deficit jump to 3. 8%, so this year's gathering could bring more c
Gold is having a moment in 2024. Its value has skyrocketed by over 30%, hitting an all-time high of $2, 748. 23 this week. What's driving this gold rush? The Federal Reserve's recent interest rate cut, global tensions, and uncertainties around the upcoming US presidential election have all played a
Yesterday, SS&C Technologies Holdings (SSNC) caught the attention of Wall Street again. Analyst James Faucette from Morgan Stanley took a close look and decided to maintain a Hold rating on the stock. He set a price target of $70. 00. But why the Hold rating? Let's dive in. SS&C Technologies is doi
It's Halloween season, and the tech world is about to reveal its biggest secrets. Major players like Google, Microsoft, and Meta are set to report their earnings, showing whether their massive investments in artificial intelligence (AI) are paying off or just wasting cash. This earnings quarter, dub
Tesla's stock had a stellar week, closing at its highest price in 13 months. On Friday, shares jumped by 3. 4%, ending the day at $269. 19. This uptick came after a massive 22% surge on Thursday, following Tesla's impressive third-quarter earnings report. The company, led by Elon Musk, exceeded anal
The Nasdaq stock market hit its highest value ever. This milestone is significant because it shows investor confidence in tech and growth companies. The rise was driven by big tech stocks like Apple and Amazon, which have performed exceptionally well in recent times. Investors might wonder if this
Yesterday, Cadence Design (CDNS) caught the attention of Wall Street again. Morgan Stanley's analyst Lee Simpson decided to keep the 'Buy' rating on the stock, aiming for a price target of $280. 00. Simpson is optimistic about Cadence despite some tough times. Even if big players like Intel and Sams
Tesla's stock saw a big jump after its earnings report, making investors happy. This jump was so big that it caused a lot of people who bet against Tesla to rush out and buy the stock. This rush made the stock's price change a lot, which is what we call "volatility. " With this volatility, investors
Germany's finance minister, Christian Lindner, has a clear message: if the U. S. starts a trade war with the European Union (EU), Germany is ready to fight back. Speaking at the International Monetary Fund's annual meeting in Washington D. C. , Lindner said that trade disputes don't have winners, on
Tesla is making investors happy again after a dip. Shares jumped 16%, one of the best performances ever. Analysts from Bank of America and Goldman Sachs are sharing insights into Tesla's impressive earnings report. Tesla's auto gross margin, excluding regulatory credits, was 17. 05% in the last qua
