Republicans were coming close to winning control of the U.S. House of Representatives, as results from the midterm elections continued to get tabulated. The GOP was projected to have scored Read more
Tag: financial news
Curb your enthusiasm — Thursday’s explosive rally in stocks likely means the bear market is alive and well
Despite Thursday’s explosive rally in stocks, it’s likely we’re still mired in a bear market. In fact, the magnitude of the surge itself suggests the bear is still alive and Read more
‘Era of cheap’ copper prices may be coming to an end
Risks to global demand contributed to a decline in copper prices this year, but the value of the industrial metal may have fallen too far, as supplies look to remain Read more
Dow soars more than 1,000 points for first time since 2020 as investors cheer cooling U.S. inflation
U.S. stocks were on track for their biggest daily gain since 2020 as the Dow soared more than 1,000 points and investors cheered a lower-than-expected reading on the October consumer-price Read more
Opinion: A slew of catalysts for a stock market rally are converging at the same time
Midterm elections are great for the stock market, regardless of who wins. But the divided government that came out of this year’s is even more bullish. Compelling seasonal factors are Read more
Midterm election results: Control of House and Senate too close to call
The battle to control the U.S. House and Senate was too close to call early Wednesday, as Republican hopes for a strong red wave in the midterm elections appeared to Read more
Crypto companies shares closed sharply lower, as bitcoin fell briefly to a 2-year low
Crypto company shares and funds closed sharply lower on Tuesday as bitcoin dropped briefly to a two-year low, even though the three major U.S. equity indexes ended higher. Bitcoin BTCUSD, Read more
Coinbase stock plunges on news of Binance-FTX merger, which sets up ‘seismic’ change in competition
Shares of Coinbase Global Inc. tumbled in active trading Tuesday as the cryptocurrency platform faced concerns over increased competition from the Binance-FTX merger deal. The stock COIN, -12.05%, which was Read more
The end of the pandemic earnings boom is in sight as holiday forecasts disappoint
Large corporations’ seemingly ceaseless profit growth during the COVID-19 pandemic appears to be coming to an end this holiday season, as the post-lockdown rebound grates up against rising prices, recession Read more
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this Read more