Trump Media and Technology Group (NASDAQ: DJT) shares have dropped significantly, wiping out the billions of dollars in paper gains the former US President recorded since December 15, 2023. The company's 59% stake, corresponding to 114.75 million shares, achieved an early lock-up exit last Thursday
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
The stock market is expected to continue its upward trend, with Brian Belski of BMO raising his S&P 500 price target to 6,100. This prediction is based on a combination of factors, including the Federal Reserve's recent rate cut and favorable seasonal data. Belski believes that the market will finis
As the clock struck midnight, the restrictions on Trump's media stock finally came to an end. And just like that, the shares of DJT started plummeting. The stock price went down by over 7% in just a few hours, hitting a new 52-week low. This sudden drop has left many investors wondering what's behin
Imagine the thrill of watching a rollercoaster reach new heights, only to suddenly plummet down a steep hill. That's what happened in the world of finance when the Federal Reserve made a bold move by cutting interest rates by half a point. The Dow Jones Industrial Average jumped 522 points, or 1.3%,
The stock market reacted with euphoria on Thursday after the Federal Reserve's surprise half-point interest rate cut. The Dow Jones Industrial Average soared 633 points, or 1.5%, to surpass the 42,000 mark, while the S&P 500 and Nasdaq Composite also hit new highs. Tech giants like Nvidia, Tesla, Me
The rising cost of living can be overwhelming, and it's no secret that many Americans are feeling the pinch. Despite the moderating inflation rate, the financial burden remains. One way to combat this is by investing in dividend-paying stocks. Black Hills Corporation, a utility company, is a prime e
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
The US stock market has been on a rollercoaster ride lately, and yesterday was no exception. Traders woke up to a surprise rate cut from the Federal Reserve, which sent shockwaves through the financial world. The central bank slashed its overnight lending rate to a range of 4.75% to 5.00%, marking t
In a recent interview on Fox Business, billionaire hedge fund manager John Paulson spilled the beans on his plan of action if Kamala Harris becomes the president. Paulson, a Trump supporter, revealed that he would sell his stocks and invest in gold if Harris wins the election. The reason behind this
