The stock market had a wild ride recently, with some companies seeing huge gains while others took a big hit. Let's break it down. Zenas BioPharma, a biotech company, saw its stock drop by more than half after their new drug showed promise in trials. The drug, obexelimab, is meant to treat a rare d
The stock market had a wild week, ending on a high note. Investors cheered as inflation cooled down and some big companies reported strong earnings. But not everything is rosy. Job losses are up, and people are feeling less confident about spending money. The market took a tumble early in the week,
Stocks are taking a pause today. The tech world is feeling a bit shaky after Qualcomm's shares dropped. This is making investors nervous about how high tech stock prices have climbed. Meanwhile, the economy is sending mixed messages, which isn't helping anyone make up their minds. Qualcomm isn't ha
The S&P 500 and Nasdaq 100 both showed a "death cross" on a Monday. This is a technical sign that can hint at a change in the market's direction. It happens when an index's 200-day moving average goes above its 50-day moving average. This can be a warning that a previous trend might be reversing. In
The current market mood is far from cheerful. Investors are feeling the same gloom that consumers are experiencing. A recent survey by the University of Michigan showed that consumer sentiment has hit its lowest point since 2022. This gloomy outlook is mirrored on Wall Street, according to surveys f
This week is packed with big events for investors to keep an eye on. Let's start with the earnings reports. The retail sector is in the spotlight, with Target kicking things off on Tuesday. Investors are eager to see how Target is handling changes in how people are spending their money. Later th
Bitcoin took a hit early in the day on Monday, dropping below $100, 000. It didn't take long for the world's largest cryptocurrency by market cap to recover from its low point of $97, 900. Seems like Bitcoin's gains from the recent industry-friendly regulations and a national crypto stockpile announ
Early Thursday morning, stock futures took a dip, with the Dow Jones Industrial Average futures dropping by over 150 points. The S&P 500 and Nasdaq 100 futures also saw declines of 0. 3% each. This comes after the markets were closed for Christmas Day and followed a week of gains. The S&P 500 had ri
Monday is shaping up to be an interesting day in the stock market. Let's dive into some key things to watch. Black Friday spending was a bit higher than expected, with a 3. 4% overall increase and a significant 14. 6% boost in online shopping. This is great news for companies like Square, which powe
As the US presidential election nears, all eyes are on the race between Kamala Harris and Donald Trump. Initially, Harris seemed to have the upper hand, but the stock market tells a different story. Investors are anxious about the election, and some believe that a stable market in the week leading u
