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Red Alert on Wall Street: Stocks Tumble With Apple Leading the Retreat

Red Alert on Wall Street: Stocks Tumble With Apple Leading the Retreat

Tuesday's closing price of U.S. equities was lower due to pressure from banks on mixed results from Morgan Stanley and Goldman Sachs, as well as sell-offs in Apple and Boeing that affected the S&P 500.

Jan 17, 2024 12:14 AM EST


Chirp Wirless

Helium: The Billion-Dollar Network No One Uses

If a pioneer in crypto passive income existed, it had to be Helium. In its early days, in a year providing IoT coverage for Helium, people raked in thousands, even hundreds of thousands.

Jan 13, 2024 02:10 PM EST


Oil Surges on Safe-Haven Demand After US, UK Launch Airstrikes Against Houthi Targets in Yemen

Oil Surges on Safe-Haven Demand After US, UK Launch Airstrikes Against Houthi Targets in Yemen

Global equities rose marginally on Friday, but oil rose as the crisis in the Red Sea region threatened to grow, although slightly hotter US inflation data did not change investors' conviction that interest rates may soon begin to fall.

Jan 12, 2024 09:20 AM EST


Hacked Tweet Shakes Market as SEC Denies ETF Approval

Hacked Tweet Shakes Market as SEC Denies ETF Approval

The Securities and Exchange Commission declared on Tuesday that the agency's account was hacked and that a post made from the agency's account on the social media site X announcing the approval of a much-anticipated bitcoin exchange-traded fund was "unauthorized."

Jan 10, 2024 09:33 AM EST


Global Markets Poised for Expansion, Says Goldman Sachs, Citing AI and Green Tech

Global Markets Poised for Expansion, Says Goldman Sachs, Citing AI and Green Tech

Peter Oppenheimer, Head of Macro Research at Goldman Sachs in Europe, says artificial intelligence and decarbonization are driving the world economy into a new "super cycle" and stressed the evident shift towards this revolutionary stage of the economy.

Jan 09, 2024 04:03 AM EST


Hewlett Packard Enterprise in Talks to Acquire Juniper Networks for $13 Billion

Hewlett Packard Enterprise in Talks to Acquire Juniper Networks for $13 Billion

According to a source familiar with the negotiations, Hewlett Packard Enterprise is in talks to acquire Juniper Networks , valuing the network gear manufacturer at around $13 billion.

Jan 09, 2024 04:40 AM EST


Despite Job Market Rebound, Fed Struggles to Find Desired Slack in Labor Landscape

Despite Job Market Rebound, Fed Struggles to Find Desired Slack in Labor Landscape

The COVID-19 pandemic's labor wounds were largely healed by the end of the U.S. economy last year, but policymakers at the Federal Reserve are still stuck waiting for wage and job growth to slow down to a reasonable level.

Jan 08, 2024 10:28 AM EST


US Chip Stocks Drop Sharply After Strongest Year Since 2009, Raising Recession Concerns

US Chip Stocks Drop Sharply After Strongest Year Since 2009, Raising Recession Concerns

U.S. chip stocks continued their losing streak on Wednesday, as Wall Street's primary semiconductor benchmark fell from all-time highs after the industry had its best year since 2009, when it recovered from the financial crisis.

Jan 04, 2024 10:20 AM EST


Analysts Predict Steady Growth for U.S. Economy in 2024, Dispelling Recession Fears

Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears

Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.

Jan 03, 2024 09:50 AM EST


2024 Bids Farewell to Old Ways, Reshapes Investment Landscape

2024 Bids Farewell to Old Ways, Reshapes Investment Landscape

Investors seem to be persuaded that the main Western central banks are about to make the long-awaited shift from rising to lowering interest rates. As a result, markets rose, but as the globe becomes used to an economic system where money is not easily obtained, 2024 may surprise us.

Jan 03, 2024 06:41 AM EST


Wall Street Slump Sparks Rush for Stability After 2023 Boom

Wall Street Slump Sparks Rush for Stability After 2023 Boom

Wall Street on Tuesday gave back some of its significant gains from the previous year due to a poor start to 2024.

Jan 02, 2024 08:07 PM EST


These “Fab 4” Could Be the 2024 Market Leaders

Fab Four: These Undervalued Gems Could Be the 2024 Market Leaders

The true question, though, is whether the "Magnificent Seven"will continue to dominate the industry in 2024, or may other equities take the lead in 2024?

Jan 02, 2024 08:56 AM EST


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