Techs led a jump in US stocks on Monday ahead of a key Federal Reserve rate decision, as investors set aside worries about stalled interest rates to focus on hopes around AI developments. The benchmark S&P 500 (^GSPC) gained almost 1%, while the tech-heavy Nasdaq Composite (^IXIC) surged 1.5%. The Dow Jones Industrial Average (^DJI) […]
HONG KONG (AP) — Asian markets were mostly lower on Wednesday after U.S. stocks held near their record levels in a quiet day of trading. U.S. futures and oil prices fell. Japan’s benchmark Nikkei 225 edged 0.3% lower to 39,173.50. Shares in Hong Kong and Shanghai sank after the territory’s financial chief announced a budget […]
Berkshire Hathaway CEO Warren Buffett shared a moving tribute to his fallen friend and right-hand man Charlie Munger in his annual shareholder letter over the weekend. The Oracle of Omaha lauded Munger as the “architect” of Berkshire’s success, eulogizing the “abominable no-man” by discussing some of his favorite whipping posts—including his comparison of the modern […]
The stock market is in a bubble, but it can keep growing.Johannes Eisele/AFP via Getty Images The stock market is in a bubble, but that doesn’t mean investors should sell their stocks right now. The S&P 500 still has 30% upside between now and the end of 2025, according to Capital Economics. “Our end-2025 forecast […]
The stock market rally generally advanced with the S&P 500 hitting 5,000 for the first time and the Nasdaq at its best levels in over two years. The Dow Jones held just below its all-time highs while the Russell 2000 rebounded back above key levels. AI plays Palantir (PLTR) and Arm Holdings (ARM) became the […]
Former NRL second-rower Kirk Reynoldson and his family are on a road trip across the US promoting their innovative productivity app Eggy. Sky News Australia hosts have revealed their predictions for the year ahead. Many hosts are predicting the cost of living to dominate the news cycle as Australians deal with high inflation and interest […]
The S&P 500‘s return to an all-time high confirms the market entered a bull market. With this recent realization, downturns are likely not on the minds of most investors at this moment. However, due to the cyclical state of markets, investors should expect another bear market at some point and have a plan to deal […]
DUBLIN, Jan. 23, 2024 /PRNewswire/ — The “Global Cloud Computing Management and Optimization Market 2023 – 2030 by Types, Applications – Partner & Customer Ecosystem Competitive Index & Regional Footprints” report has been added to ResearchAndMarkets.com’s offering. The Cloud Computing Management and Optimization Market size is estimated to grow from USD 17.6 Billion in 2022 to […]
BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday, led by sharp gains in Hong Kong and Shanghai after a report said Beijing plans to put about 2 trillion yuan ($278 billion) into support to stabilize ailing Chinese markets. The unconfirmed report by Bloomberg cited unnamed sources. It said China plans to tap […]
Person using a smartwatch A new top-down economic stimulus program from the Chinese government was stimulating interest in the country’s stocks on Friday. One of the nation’s big corporate champions, e-commerce giant Alibaba (NYSE: BABA), benefited handsomely from this. The shares closed the day almost 3% higher, comparing very favorably to the basically flat performance of […]