Shares in Trump Media & Technology Group skyrocketed by 7% on Wednesday after the company unveiled its latest venture: a new financial services division called Truth. Fi. Backed by a substantial $250 million, this division is set to explore investments in Bitcoin and other cryptocurrencies, as well
On Wednesday, U. S. stock indexes are floating around as traders anxiously await the Federal Reserve’s interest rate call and results from major tech firms. The S&P 500 dipped slightly, while the Dow rose slightly. The Nasdaq, however, slipped a bit. This comes after a week of market shifts due to q
Ever wondered what makes small farmers in South Africa decide to own livestock and how big their herds get? A recent study looked into this, focusing on the Eastern Cape. They talked to 600 farmers, with 495 actually owning livestock. The study found that beliefs in African traditional religion, acc
Global stock markets saw a mixed day on Tuesday, with some rising and others falling. This happened as people traded during the Lunar New Year holiday. The change came after big tech companies in the US saw their stocks drop. A new competitor from China is making waves in the artificial intelligence
Monday was a wild day on Wall Street, with the S&P 500 taking a dip. The culprit? A Chinese AI startup named DeepSeek. The big question was whether this startup created a super-efficient AI model with very little investment. If true, this could shake things up for the big tech players like Amazon, M
Imagine this: you're a big tech company in the U. S. , riding high on the AI wave. Then, out of nowhere, a little-known Chinese startup called DeepSeek shows off a chatbot that's as good as yours, but way cheaper. That's what happened, and it sent shockwaves through the U. S. stock market. Companies
Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input
What's the deal with American Express' spending spike last year? It's all about the younger folks! Last quarter, AmEx cardholders ramped up their spending by 8% compared to the previous year. This jump came after a slower period where growth rates hovered around 6% in the second and third quarters.
Stocks took a slight dip on Friday, marking a pause after hitting all-time highs the day before. The S&P 500 slipped by 0. 3%, while the Dow Jones and Nasdaq followed with similar drops. Bond market steadiness played a role, with concerns over inflation and U. S. debt affecting yields and stock pric
You might not think about it, but hot weather can actually affect your investments. A recent study found that extreme heat waves since 1979 have led to a drop in stock prices by up to 3. 1%. Europe tends to experience more severe heat waves than the U. S. , but Americans are more concerned about rec
