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Technology stocks are out of favor as the US Fed hikes rates to combat inflation Aggressive reset in valuations has created bargain-buying opportunities in tech Investors should consider buying the...
Major investment banks and Tesla CEO predict recession Yen touches all-time low Dollar recovers Key EventsAs more market heavy hitters warn of an impending recession, futures on the Dow Jones, S&P...
Keeping pace with high inflation has undoubtedly been among the greatest concerns for stock investors this year. In May, the cost of living, as measured by the consumer price index, rose by 8.6%, a...
The US Federal Reserve has recently delivered its most significant interest rate hike since 1994 to counter four-decade high inflation, pushing the S&P 500 deeper into bear market territory.As...
There's a good reason Warren Buffett, CEO and Chairman of Berkshire Hathaway (NYSE:BRKb), is often referred to as 'the Oracle of Omaha'. The legendary investor is highly respected for his market...
After a 10% plunge over two weeks, New York-traded RBOB gasoline futures are up 2% so far this week—at least at the time of writing.The rebound comes amid broadly positive energy markets as...
What does it say when Hexo Corp (NASDAQ:HEXO) (TSX:HEXO), the largest Canadian marijuana grower by market share and one of the leading names in the North American cannabis sector, sees its shares drop...
Dip buyers betting the worst week since 2020 was exaggerated Bitcoin rebounds re-igniting crypto debate Oil recovers Key EventsDip buyers of chemical, mining, and oil shares pushed European markets...
Irish Finance Minister Paschal Donohoe, who heads the so-called Eurogroup of EU finance ministers, felt obliged this week to reassure bond market investors that the eurozone does not face another debt...
Volatility continues to grip Wall Street amidst growing concerns over an economic recession. The CBOE Volatility Index, also known as the “fear index,” is hovering above 31, up more than...
Current macro-environment hostile for high-growth companies Losses in Tesla stock accelerated after CEO Elon Musk offered to buy Twitter Some analysts see value in lower-priced stock If you’re...
US recession rumblings and chart-based selling could keep oil under pressure till it breaks below $100-a barrel this week; then a wave of buying could see crude prices claw back most of what they had...
WTI crude oil has been falling, for the second straight day in a row, for six of the last eight sessions.On Friday alone, the energy commodity plunged nearly 7%—its biggest drop since...
The credibility of central bankers is on the line as they stand convicted of having ignored inflation for too long and now must try to contain it against long odds.While she is no longer chair of the...
On Friday, June 17, Wall Street finished one of its worst trading weeks since the sharp declines seen in the early days of the COVID-19 pandemic in March 2020. Broader indices tried to recover their...
Stocks on Wall Street ended modestly higher on Friday, but the major averages—S&P 500, Dow, and NASDAQ—still suffered their worst weekly loss since 2020 as investors grew increasingly...
S&P 500 has fallen for 10th out of 11 weeks SPX joins NASDAQ and Russell in bear market Dow within a hair of 20% decline Bitcoin completes massive bearish top, aiming below $10K After both the...