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Category: bonanza

  • Nasdaq slides, Dow stalls ahead of Fed decision, Big Tech earnings bonanza

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    Investor Empires

    The technology led the shares low on Wednesday morning, as the broader mood remained silent before the first large technology profits and the interest rate of the Federal Reserve. The NASDAQ Technology (^IXIC) has decreased by 0.7 %, after the reversal increased on Tuesday. S&P 500 (^GSPC) decreased by 0.4…

  • BOJ rounds off the central bonanza for the week

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    Investor Empires

    The Bank of Japan wasn’t the only Asian central bank in focus today. The People’s Bank of China was also on the agenda but left its key lending rate unchanged, despite some expectations of a cut. Here’s a recap of the week for central banks so far: Fed’s September Rate…

  • Treasury can expect tax bonanza from Wiz sale

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    Investor Empires

    How much of the $23 billion reported by Alphabet (Google’s parent company) to buy Israeli cloud security startup Wiz will the Israeli tax authority take? The low estimate is $2.5 billion, while the high estimate is $3.5 billion. The Israeli tax liability arising from the acquisition lies with Waze’s Israeli…

  • GameStop stock soars over 70% as ‘Roaring Kitty’ revival reignites meme-stock bonanza

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    bitlyfool

    GameStop (GME) stock rose as much as 110% on Monday before paring gains, stalling on volatility several times after “Roaring Kitty,” the one seen as the start of the meme stock craze during the pandemic. to publish Online for the first time since 2021. The stock topped $30 a share…