
Nasdaq Hits Straight Five Weeks of Rally, Largest Since November 2021
Since the beginning of 2023, the Nasdaq index is up by 15.60% in one of the major recoveries after last year’s downfall.
Since the beginning of 2023, the Nasdaq index is up by 15.60% in one of the major recoveries after last year’s downfall.
Positive Meta developments, including a good Q4 outing and rousing Zuckerberg’s comments, saw shares attain a decade-long positive phase.
Despite a new interest rate hike by the ECB, markets climbed 3.1% with hopes that an end to rate increases is in sight.
Apple stopped sharing performance guidance during the COVID-19 era and the firm declined to do so also this time.
The positive stance on crypto growth had a number of unique undertones from top regulatory bodies including the Reserve Bank of India (RBI).
Crypto markets cheered the Fed announcement surging by more than 4% and crossing above the $1 trillion valuations once again.
2022 demand for gold swelled to a high not seen since 2011 on the back of vigorous buying by global central banks.
Despite surpassing expectations in 2022 Q4, some economists are projecting that the euro zone could transit into a recession later this year.
Several chipmakers in Asia suffered drawdowns to their shares in the aftermath of poor global smartphone shipments.
Sources familiar with the matter said that the Biden administration is considering a total ban on supplies by the US firms to Huawei.
The US remains the global economy, and though the dollar is weakened, it is still appreciating in value when compared to its peers.
Apart from the declines in smartphone shipments in China in 2022, the country had a hard time with the persistent coronavirus pandemic.
Finance Minister Jeremy Hunt has implored companies to play a crucial role in British economic growth as the country angles for tax hikes.
Aptos led the rally in altcoin space jumping by more than 40% in a day amid huge whale accumulation.
The tech-heavy Nasdaq dipped 0.18% on Wednesday to close lower for the second day as corporate earnings roll on.