Category: Stocks
-
Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager says
•
A trader works on the floor at the New York Stock Exchange in New York City, US, March 5, 2020.Andrew Kelly – Reuters The stock market looks poised to fall from its highs, said legendary investor John Housman. The stock market reflects the volatility that preceded the 1929 crash, Housman…
-
Buy stocks in May because inflation is set to plunge through the rest of 2024, Fundstrat’s Tom Lee says
•
Photo by Cindy Ord/Getty Images for Yahoo The stock market is offering a buying opportunity this month, according to Fundstrat’s Tom Lee. This is because inflation is expected to fall “significantly” over the rest of the year, Lee predicted. He pointed to the lag in the consumer price index, with…
-
Forexlive Americas FX news wrap 6 May: US stocks extend gains from last week. USD mixed.
•
It was a quiet day on the economic events front with only April ’employment trends’ on the economic calendar. This index fell to its lowest level since May 2021, but the market largely ignored it. There were two Fed officials speaking. President of the Federal Reserve Bank of Richmond Barkin…
-
These 2 Stocks Offer Safer Ways to Invest in Crypto
•
Cryptocurrency markets have been hot this year Bitcoin (Crypto: Bitcoin) Reaching all-time highs in March. One way new investors have gained exposure to cryptocurrency is through exchange-traded funds (ETFs), with regulators earlier in the year approving several Bitcoin exchange-traded funds. These ETFs track Bitcoin and give investors direct exposure to…
-
Coutts Shifts £2 Billion from UK Stocks to Overseas Funds, Sparking Concerns Amidst Market Uncertainty
•
Coutts Bank, the royal family’s favorite bank, has sparked controversy by diverting nearly £2 billion of client money from the London stock market to invest in overseas projects. The move by the private bank, which serves tens of thousands of wealthy clients, involves reducing allocations to UK stocks in six…
-
3 AI Stocks That Have More Upside Than Nvidia, According to Wall Street
•
Nvidia It has undoubtedly been the most owned artificial intelligence (AI) stock over the past year and a half. Since the start of 2023, the chipmaker’s shares have risen a staggering 500%. Not many stocks generate these types of returns over a period of time a contract Or even longer,…
-
Is It Time to Buy April’s Worst-Performing Dow Jones Stocks?
•
Last month wasn’t great for the overall stock market, but it was very bad for a few blue-chip stocks. Most investors realize that big declines can be buying opportunities, but they should also recognize when jumping into a distressed stock is a bad idea. The current weakness of stocks may…
-
StanChart dividend yield up to 17pc as bank stocks drop
•
Standard Chartered Bank Kenya’s dividend yield rose to 17 percent, as most banks’ share prices fell after closing the final dividend books. Dividend yield shows the rate of cash return by comparing dividends against the current share price, with declining share prices benefiting income-focused investors in companies that maintain or…
-
S&P 500 companies report bumper earnings but stocks not rewarded
•
Breadcrumb links Investor 79% of S&P 500 companies beat earnings expectations, but stock recovery did not materialize Article writer: Bloomberg News Sagarika Jaisinghani and Natalia Knyazevic Published on May 2, 2024 • Last updated 8 minutes ago • 3 minutes read You can save this article by registering for free…
-
Oil prices tumble to seven-week lows on surprise build in U.S. crude stocks (NYSEARCA:USO)
•
Slavko Sereda/iStock via Getty Images Crude oil futures fell to their lowest levels in seven weeks on Wednesday after US data showed a sudden and sharp weekly increase in crude oil inventories, as exports fell and refineries reduced their capacity use. The US Energy Information Administration reported Crude oil stocks…
-
Stocks rally after Fed decision as Powell soothes rate nerves
•
I’ve always been very critical of Starbucks (SBUX). I remember working for the company as a stock analyst and spending weeks inside its stores studying the workflow in each department. It was an extreme exercise that won me no fans among Starbucks management (especially with former CEO Howard Schultz), but…