Imagine the stock market as a rollercoaster. On Wednesday, the Chinese stock market took a big plunge, dropping over 7% in a single day. That's a lot! This sudden drop happened because investors are worried that Beijing's efforts to boost the economy won't be enough. They're looking for more action.
Hurricane Milton is making waves in the insurance industry. Though it's lost some steam, dropping to a Category 4 storm, experts warn that it's still a major threat. The hurricane is expected to hit Florida's west coast sometime on Wednesday or Thursday. Analyst Paul Newsome from Piper Sandler says
Cryptocurrency and gun manufacturers saw a boost in their stocks after an attempt on former President Donald Trump's life. Trump was not seriously hurt, but the incident had a notable impact on the market. Crypto stocks like Coinbase and Riot Platforms rose between 5% and 8.5%. The stock of Trump's
On Monday morning, stock futures saw a slight rise as investors waited for big earnings reports from major companies later in the week. Let's dive into which stocks made the biggest moves of the day. NewAmsterdam Pharma Company (NASDAQ: NAMS) jumped over 15% ahead of their conference call. This cal
In these uncertain times, you might be surprised to hear that some companies are actually doing better than expected. For instance, orders for appliances and machinery have seen a slight increase recently. But here's where it gets more intriguing: the number of people filing for unemployment benefit
Last week, Bitcoin briefly hit $65,000, but it's now down to around $63,612. That's a drop of about 3.5%. It's not just Bitcoin though – crypto stocks like Coinbase and MicroStrategy have taken a hit too. Coinbase fell by 3% in premarket trading, and MicroStrategy slid even more at 5%. This is happe
The current market environment is filled with opportunities, according to Bank of America. Strategist Nigel Tupper noted that global earnings are improving, U.S. monetary policy is easing, and China's stimulus efforts are all contributing to a positive outlook for equity markets. This is especially
The Chinese stock market has been on a remarkable journey, with its CSI 300 Index jumping as much as 6.5% on Monday, the largest gain since 2015. This sudden surge marks a significant turnaround for the market, which had lost over 45% of its value from its 2021 high in mid-September. The index has s
The Technology sector is abuzz with excitement as analysts weigh in on International Business Machines (IBM), Salesforce (CRM), and Enfusion (ENFN). Let's dive into the latest opinions from the experts. IBM has been a topic of interest, with Bernstein analyst Toni Sacconaghi maintaining a Hold rati
In the world of real estate, it's often said that the best investments are those that fly under the radar. But how do you find these hidden gems? By digging deep and uncovering undervalued real estate investment trusts (REITs). REITs are companies that own or finance real estate properties and provi
