STOCK MARKET

Advertisement
Oct 25 2024FINANCE

Bitcoin Drops Below $65K: Is Crypto's Boom Over?

Cryptocurrencies are having a tough day, with Bitcoin plummeting below $65, 000. This dip follows a broader market trend, reflecting a similar decline in traditional stock markets. Over the past 24 hours, Bitcoin has lost more than 2. 5% of its value, dashing hopes of hitting the $70, 000 mark that

reading time less than a minute
Oct 24 2024FINANCE

Stock Market Movers: What’s Hot and What’s Not on Thursday?

Thursday, October 24, was a day full of surprises in the stock market. The S&P 500 was trying to bounce back from a losing streak, thanks to lower bond yields. This gave some relief to stocks, which had been suffering from rising yields despite the Federal Reserve's efforts to ease monetary policy.

reading time less than a minute
Oct 22 2024FINANCE

Shares Drop in Asia, Wall Street Hits the Brakes

Asian markets, excluding China, took a dip on Tuesday as investors waited for earnings reports. Japan's Nikkei slid 1. 1%, Australia's S&P/ASX 200 fell 1. 6%, and South Korea's Kospi dipped nearly 1%. Meanwhile, Hong Kong's Hang Seng and Shanghai Composite rose slightly after China's interest rate c

reading time less than a minute
Oct 22 2024BUSINESS

Perplexity AI's New Tool: Making Stock Market Research Fun and Easy

Meet Perplexity Finance, an exciting new tool from the fast-growing AI company Perplexity AI. It’s all about simplifying stock market research for beginners. The platform offers a bunch of handy features like real-time stock prices, historical earnings data, and industry comparisons. But how does it

reading time less than a minute
Oct 18 2024FINANCE

Roblox Stock Dives After Allegations of False Metrics and Safety Issues

A prominent short seller, Hindenburg Research, revealed that it bet against Roblox, a kids' gaming platform, accusing the company of exaggerating user activity and failing to protect children from disturbing content. Roblox, with a market value of around $25 billion as of Tuesday, has seen its stock

reading time less than a minute
Oct 18 2024BUSINESS

Netflix Stock Soars After Quarterly Earnings Surprise

Imagine waking up to some good news! Netflix's stock took a big leap on Friday. This happened right after the streaming giant announced its latest earnings. These numbers were way better than what experts had guessed. The company reported making $5.40 per share in the last three months, which is mor

reading time less than a minute
Oct 17 2024FINANCE

Stock Markets Mixed as UK Inflation Drops

Investors around the world saw their stock markets take different paths on Wednesday. While Europe and Asia mostly dipped, Britain's FTSE 100 rose by 0.6% after the British government reported that the country's inflation rate had dropped to its lowest level in over three years. This news gave hope

reading time less than a minute
Oct 16 2024FINANCE

Why Britain's Lower Inflation is Making Waves in Global Markets

Stock markets around the world had a mixed day on Wednesday. This happened after U.S. stocks lost some of their recent gains, especially in tech and energy companies. Britain reported that its inflation rate dropped to 1.7% in September, the lowest in over three years. This good news boosted the FTS

reading time less than a minute
Oct 14 2024FINANCE

Why You Should Consider Buying Flutter's Stock After a Recent Sell-Off

Investing in Flutter Entertainment could be a smart move, according to Wells Fargo. The company's stock took a hit recently, dropping by nearly 9% after news of potential higher taxes in the UK's gambling industry. But don't let that scare you off, says analyst Daniel Politzer. He believes the sell-

reading time less than a minute
Oct 14 2024FINANCE

Has China’s Economy Found Its Savior?

On Monday, Asian shares took an upward leap, with Chinese stocks soaring over 1% after the finance minister hinted at more economic support. While U.S. futures remained steady and oil prices dipped, investors worldwide held their breath for more details on China's new stimulus plan. Experts believe

reading time less than a minute