Analysts suggest that a plethora of private-sector economic data released this week is poised to increase the probability of a December interest rate cut by the Federal Reserve, rendering it “more likely than not.” On Thursday, data revealed that U.S. companies disclosed 153,074 job cuts in October, a figure that is nearly three times that Read More
Evernorth Holdings, a digital asset firm backed by Ripple Labs, has announced plans to go public through a merger with Armada Acquisition Corp II, raising more than one billion dollars and building a vast XRP reserve ahead of its anticipated listing on the Nasdaq Stock Market under the ticker symbol XRPN. The move ranks among Read More
Dow Futures show a slight increase ahead of the final session of a volatile trading week. Tesla shareholders have sanctioned an extensive compensation arrangement for CEO Elon Musk, valued at approximately $1 trillion, as the billionaire aims to usher in a new phase for the electric vehicle powerhouse. The United States is poised to experience Read More
Dow Futures experience a slight decline following robust corporate earnings and favorable economic data that alleviated worries regarding elevated stock valuations. Certain members of the conservative supermajority on the U.S. Supreme Court exhibit doubts regarding the White House’s application of emergency economic powers to implement stringent tariffs. Qualcomm has issued a caution regarding potential business Read More
Dow Futures are oscillating near the neutral point on Wednesday, in the wake of a sell-off in the prior session triggered by investor apprehension regarding elevated equity valuations. The U.S. Supreme Court is set to hear oral arguments regarding President Donald Trump’s invocation of emergency economic powers to implement extensive tariffs. Advanced Micro Devices reports Read More
Dow futures show a slight decline following a mixed performance at the start of November trading. Palantir shares declined in after-hours trading despite surpassing expectations in its third-quarter financial results, exerting pressure on other major technology companies. Advanced Micro Devices, a prominent player in the artificial intelligence chip sector, is set to announce its most Read More
Dow Futures remain slightly elevated as the market anticipates a week characterized by numerous corporate earnings reports, albeit with a likely scarcity of significant U.S. economic indicators. The prolonged federal government shutdown, now exceeding a month, jeopardizes the timely publication of another significant assessment of the U.S. labor market. Palantir, a leader in data analytics, Read More
A source anticipates that the S&P 500 will achieve a fair value of 7,500 by the conclusion of 2026, suggesting an approximate 9% increase from present levels, supported by consistent earnings growth and ongoing robustness in stocks associated with artificial intelligence. “We forecast another 9% upside for the S&P 500, with a 2026 target of Read More
Futures for the S&P 500 and Nasdaq show a slight increase, suggesting a potentially favorable opening for the last trading day of October. Shares of both Amazon and Apple are experiencing an uptick in premarket trading, as the quarterly earnings and forecasts from these tech giants receive a positive response from investors. Nvidia has announced Read More
Dow Futures exhibit a generally muted response in the aftermath of a series of significant global events. The Federal Reserve has reduced interest rates once more, yet indicates that an additional cut in December is not guaranteed. President Donald Trump characterizes a direct meeting with counterpart Xi Jinping concerning the strained U.S.-China trade relationship as Read More
