MicroStrategy Poised for Nasdaq 100 Entry: Momentum Builds for Bitcoin Pioneer
MicroStrategy has, so far, employed a rather aggressive approach in its Bitcoin accumulation.
Dow Jones Hits New Record as It Scales 38,000 for First Time Ever
By
Tolu Ajiboye
The Dow has hit a new record, while other indexes also increased, as traders believe the Fed will leave interest rates unchanged.
Veteran Strategist Expects S&P 500 to Hit 5000 by 2024-End
Amid the uptick in the bond yields, the Fed is less likely to continue with future rate hikes. This might lead to loosening of liquidity in the market thereby driving S&P 500 higher.
Goldman Sachs Says Rally in AI Tech Stocks Is No Bubble
By
Tolu Ajiboye
According to Goldman Sachs, the spike in AI stocks is here to stay, and reflects the beginning of a new tech wave, not a bubble.
European Markets Flat amid Impending Fed Chair Comments
By
Tolu Ajiboye
European markets remained flat on Tuesday as all eyes are on Jerome Powell’s imminent congressional statement.
S&P 500 Registers the Worst First-Half Performance of the Year in Five Decades
The S&P 500 and the US equity market have had a brutal first half of 2022. With inflation fears sticking around, the market could likely continue to stay in selling pressure going ahead.
US Stock Futures Down on Thursday Morning, S&P 500 to Have the Worst H1 in Decades
The US stock futures decline in early trading hours. Market sentiment turns negative along with consumer confidence. Here’s what analysts think is the extent to which S&P 500 can correct further.
Dow Jones Tanks 500 Points on Tuesday, Is the Bear Market Rally Coming to an End?
Consumer confidence in the economy sees a sharp fall, leading to a broader market correction on Tuesday. Market loses steam as there’s no catalyst to support the recovery.
US Stocks Start Moving South After Last Week’s Recovery
After a week of recovery, the US stock market continues to remain tepid with no clear catalyst to carry the rally forward.
Dow Jones Futures Up in Early Morning Trade with Attempts to Come Out of Bear Grip
The US stock indices jump in early morning trade as the market prepares for a near-term lift before the quarter closing.
Dow Futures Fall More Than 400 Points as Market Rebound Concludes
By
Tolu Ajiboye
Futures tied to the Dow, as well as other leading indexes, declined early Wednesday as the market rebound fizzled out.
US Stock Indices Rally on Tuesday After a Brutal Crash Last Week
US indices posed a recovery on Tuesday, however, investor confidence hasn’t resumed as the health of the US economy looks bleak amid soaring inflation and quantitative tightening.
Dow Jones Futures Up 400 Points in Early Morning Trade on Tuesday
After last week’s bloodbath, US indices bounce back in early market trade on Tuesday. All eyes will be on the Fed meeting the U.S. Congress ahead of this week.
US Stock Market Indices Continue Uptrend, Close at Record Highs
On Monday, June 26, the US stock market indices continued their uptrend for the second day.
Coronavirus Could Be a Positive Game-Changer for These 5 Stocks
By
Tolu Ajiboye
While many stocks are taking a big hit because of the coronavirus, the following 5 are some that are set up to benefit from the outbreak. Let’s have a look at them.