Dow Dropped More than 400 Points, Heading for Worst Day in Over a Month
U.S. stocks fell sharply on Wednesday, October 23, with the Dow Jones Industrial Average on track for its worst day in over a month, as higher Treasury yields weighed on market sentiment.
Chip Stocks Fall as ASML's Weak Outlook Raises Concerns of Non-AI Chip Demand
Semiconductor stocks in the United States and Asia fell after chip equipment maker ASML (ASML) cut its annual sales forecast over weak non-AI chip demand.
UK Economy to Grow Faster than Japan, Italy and Germany This Year, says OECD
The global economy is “turning a corner”, according to the Organisation for Economic Cooperation and Development, which has upgraded the UK’s growth forecast for this year to faster than that of Japan, Italy and Germany.
What Will Happen to Nio over the Next Three Years?
From 2023 to 2026, analysts expect Nio's revenue to grow at a CAGR of 27% to 115 billion yuan ($16.4 billion) as it narrows its annual net loss to 9.38 billion yuan ($1.34 billion).
China's Central Bank Unveils Most Aggressive Stimulus Since Pandemic
On Tuesday, China's central bank unveiled its biggest stimulus since the pandemic: to pull the economy out of its deflationary funk and back towards the government's growth target.
There’s Even Greater Upside for Silver Than It’s for Gold, Once the Latter Confirmed an Upward Trend
Gold's breakout suggests a potential 2-3 year run to $3,500, with silver likely following, potentially reaching $88 per ounce.
Bloomberg: China's Macro Figures for August are Unsettling
China's August economic activity data released on Saturday signaled a continued weakening and was alarming.
India’s GDP Growth to Pick Up on Improving Outlook for Private Consumption, Fixed Investments
India’s real GDP growth moderated in the first quarter of 2024-25 as capital formation slowed down even as growth in private consumption, the largest component of GDP, picked up to its highest in seven quarters.
Long-Term Investment Opportunity: Two Dependable Dividend Stocks for Decade-Long Holdings
Lowe’s Companies (LOW) and Walmart (WMT) are recommended as long-term dividend stocks for income investors due to their consistent dividend growth and yield.
U.S. Economy and Macro Week Ahead: Key Events No-one should Miss
It starts in the week ahead with the central bank's annual conclave in Jackson Hole, Wyoming, continues in the first week of September with a seemingly make-or-break jobs report.
SEC Reacts to Court Ruling in Ripple-XRP Case
The U.S. Securities and Exchange Commission has weighed in on Judge Analisa Torres’ ruling in Ripple’s XRP case, highlighting the crypto company’s significant financial penalties and ongoing securities law violations.
Weak Jobs Report Shows ‘There’s a Strong Case’ for Fed Rate Cuts before Next Meeting
Wall Street has ramped up forecasts on how much the Federal Reserve will cut interest rates after the disappointing July jobs report raised fears of a recession, and a JPMorgan economist said there’s even an argument to be made for an unscheduled cut.
Carnival's Business Has Been Doing Well: Why is Its Stock Still Underperforming?
Carnival (CCL) has been generating strong results in recent quarters, but its stock is still nowhere near its levels before the pandemic, when shares were trading above $50.
US Economy Showing Signs of 'Goldilocks' to Start Third Quarter
The U.S. economy continues to show signs of resilient growth while inflation pressures subside.