Category: Wall
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Wall Street climbs as investors focus on Nvidia results By Reuters
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By Noel Randwick (Reuters) – Technology stocks rose on Tuesday in mixed trading ahead of a highly anticipated quarterly report from Nvidia Corp on Wednesday and economic data expected later in the week. The benchmark S&P 500 and Nasdaq swung between gains and losses, with focus on results due Wednesday…
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Wall Street Braces for ‘Reality Check’ From Powell: Markets Wrap
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(Bloomberg) — Bond yields rose and stocks fell as traders bet that Jerome Powell will pour cold water on market expectations for a sharp interest-rate cut this year. Most Read from Bloomberg Treasury yields rose across the curve, led by shorter maturities. The dollar also gained. The S&P 500 lost…
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Wall St ends higher, extending rally ahead of Jackson Hole By Reuters
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By Steven Kolb NEW YORK (Reuters) – U.S. stocks rose on Monday, posting their biggest weekly percentage gain this year as investors focused on the Democratic National Convention and the upcoming Jackson Hole Economic Symposium. The tech-heavy Nasdaq led all three major U.S. stock indexes to a higher close, helped…
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Asian stocks rise tracking Wall St rally as recession fears ease By Investing.com
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Most Asian shares rose on Friday, tracking an overnight rally on Wall Street, as strong U.S. economic data helped ease recession fears, while bets on interest rate cuts remained intact. Wall Street indexes rose sharply on Thursday after strong retail sales data boosted optimism about the U.S. economy. Weaker inflation…
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Retail sales soar past Wall Street estimates in July
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Retail sales beat Wall Street estimates in July, helping ease concerns about a major slowdown in the U.S. economy. Retail sales rose 1% in July. Economists had expected a 0.4% increase in spending, according to Bloomberg data. Meanwhile, retail sales in June were revised down to a 0.2% decline, from…
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Stocks wobble as Wall Street looks to end volatile week on high note
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U.S. stocks fell at the open on Friday, as Wall Street looked to end a volatile week on a positive note. The S&P 500 (^GSPC) fell 0.1%, while the Nasdaq Composite (^IXIC) fell 0.2%. The Dow Jones Industrial Average (^DJI) fell 0.2%. Markets are approaching the end of the most…
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Warner Bros. Discovery tanks after massive impairment charge, Wall Street says ‘unlikely’ things can get worse
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Warner Bros. Discovery (WBD) shares fell about 12% in early trading Thursday after the company reported disappointing second-quarter earnings on Wednesday that missed expectations on both the top and bottom lines. The company took a massive $9.1 billion impairment charge related to its television networks unit following the loss of…
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Wall Street eyes Instacart’s market trajectory By Investing.com
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In the dynamic online grocery sector, Maple Bear Inc., trading under the symbol EXCHANGE:CART, continues to attract the attention of Wall Street analysts. The company’s recent performance and strategic initiatives have led to updated forecasts and price targets from financial experts, reflecting confidence in its growth trajectory and market position.…
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1 Historically Cheap Vanguard Index Fund to Buy Before It Soars 40%, According to a Wall Street Analyst
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Small Cap Companies Russell 2000 It rose 10.4% in July, while large-cap stocks rose. Standard & Poor’s 500 (SNPINDEX: ^GSPC) It has been trading mostly sideways during the month. The last time the Russell 2000 outperformed the S&P 500 by a significant margin during any month was February 2000, according…
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Research Firm Says Wall Street Doesn’t Understand Ethereum As Outflows Plague Spot ETFs
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the Ethereum ETFs The start was not entirely ideal, as these funds saw mixed inflows in their first three days of trading. Cryptocurrency research firm 10x Research He provided some answers as to why. Institutional Investors They are not very excited about this money. Wall Street Doesn’t Fully Understand ETH…
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Tech Giants’ Earnings Disappoint. Wall Street Ends Deep Red
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U.S. stocks fell on Wednesday, led by a selloff in technology stocks after disappointing earnings reports from Alphabet Inc., the parent company of Google, and electric carmaker Tesla Inc. The weak start to the earnings season for major companies raised concerns about the recent surge in stock prices driven by…
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Wall Street Expert Sees 20x Potential In Ripple Via XRP And IPO
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at recent days Power pointLinda B. Jones, a former Wall Street financial expert and author of “3 Steps to Quantum Wealth: A Rich Heiress’s Guide to Financial Freedom Through Cryptocurrency Investing,” outlined her bullish outlook for Ripple, drawing on a valuation comparison with Coinbase and the potential of XRP. Why…
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Wall Street rises as small caps advance, megacaps recover ground By Reuters
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By Lisa Pauline Matakal and David French (Reuters) – Wall Street’s main indexes rose on Thursday, a day after a sell-off led by technology stocks, as small-cap stocks and stronger-than-expected gross domestic product data provided support. Small-cap stocks rose 2.3%, on track to fully recoup Wednesday’s big losses. The Dow…
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Traders pause for breath after Wall Street wipeout. What’s next?
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nopparit/E+ via Getty Images Stocks keep going up, until they don’t. The Nasdaq (Compound: Indian) suffered its worst day of 2024 on Wednesday, with the technology-based index falling. Slippage more than 3% For the first time in over 400 trading days. That has wiped hundreds of billions of dollars in…
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Stocks Get Hit as ‘AI Trade’ Slams Into a Wall: Markets Wrap
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(Bloomberg) — Wall Street is now facing a reality check after a disappointing start to the earnings season for large-cap companies, raising concerns that the artificial intelligence craze that has fueled the bull market may be overdone. Most Read from Bloomberg The world’s biggest tech companies dragged the S&P 500…
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Ethereum ETFs Will Lead “All Of The Altcoins To Wall Street”
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The cryptocurrency industry seems to be excited and optimistic after the final approval of Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). As investors await the official launch of the investment product, many have been discussing the implications of today’s official launch. American entrepreneur Anthony Pompliano…
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Ethereum ETFs Will Lead “All Of The Altcoins To Wall Street”
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The cryptocurrency industry seems to be excited and optimistic after the final approval of Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). As investors await the official launch of the investment product, many have been discussing the implications of today’s official launch. American entrepreneur Anthony Pompliano…
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Wall St bounces back after sell-off as Biden exit takes center stage By Reuters
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By Ankika Biswas, Shubham Batra and Lisa Pauline Mattakal (Reuters) – U.S. and Australian stocks recovered some of the previous week’s losses on Monday, as investors reconsidered Republican candidate Donald Trump’s chances of winning a second presidential term after U.S. President Joe Biden dropped out of the race. Biden announced…
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Wall Street in measured mood as Biden bows out
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A look at the day ahead in European and global markets from Wayne Cole. The day began with the unexpected news that President Joe Biden had dropped out of the race, and the market reaction so far has been muted. Wall Street futures have become more stable, bond yields have…
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Junk bonds are now in high demand as Wall Street bets on another Trump presidency
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The credit world’s version of the “Trump trade” is starting to take shape: buy high-yield US bonds and stay away from anything inflation-sensitive. Institutional bond investors around the world have already begun positioning themselves for a potential election win for Donald Trump after the attempted assassination of his father, and…