Kareem Washington
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Trump's first term spanned from January 20, 2017, to January 20, 2021, during which time major asset classes like $Bitcoin (BTC.CC)$, $S&P 500 Index (.SPX.US)$, and $XAU/USD (XAUUSD.CFD)$ saw remarkable gains, increasing by 3,871%, 67.82%, and 55.44% respectively. Conversely, $USD (USDindex.FX)$ and $U.S. 10-Year Treasury Notes Yield (US10Y.BD)$ experienced declines of 10.64% and 56.32% respectively.
Since Election Day on November 5, 2024, up to December 26, 2024, the S&P 5...
Since Election Day on November 5, 2024, up to December 26, 2024, the S&P 5...
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Kareem Washington
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The stock market wrapped up a robust week, with major indexes posting their best performances of the year. The S&P 500 rose 4%, while the Nasdaq Composite surged 5.9%. The Dow Jones Industrial Average also gained 2.6% during the period. Tech and semiconductor giants drove the rally, with Super Micro Computer and Arm Holdings adding 3.4% and 5.9%, respectively. Alphabet advanced 1.8%, and Uber jumped more than 6%.
“Inv...
“Inv...
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Kareem Washington
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As the Federal Reserve nears a new cycle of interest rate cuts, global capital is surging into Southeast Asian markets in search of fresh growth opportunities. This influx of investment has led to a significant uptick in foreign inflows, marking a fifth consecutive week of gains, according to Bloomberg. Concurrently, the MSCI Asean Index has reached its highest trading levels since April 2022.
From August to the ...
From August to the ...
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Kareem Washington
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$NVIDIA (NVDA.US)$ quite abit of selling pressure today and option placement. hmmm, bears getting desperate and bulls getting scared, very interesting ![]()
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Kareem Washington
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$GameStop (GME.US)$ is seeing a jump in demand for put options that could protect the shareholder against an extended stock slump after the company's quarterly revenue missed analysts' estimates.
The stock plunged 15% to $19.93 Wednesday after the videogame retailer reported that second quarter sales declined to $798 million, from $1.16 billion a year earlier. That missed the average estimate of $895.7 billion expected by two analy...
The stock plunged 15% to $19.93 Wednesday after the videogame retailer reported that second quarter sales declined to $798 million, from $1.16 billion a year earlier. That missed the average estimate of $895.7 billion expected by two analy...
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Kareem Washington
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The S&P 500 and Nasdaq reached new record highs on Tuesday after Federal Reserve Chair Jerome Powell warned about the risks of keeping interest rates high for too long.
Powell will continue testimony this week before Congress on Wednesday before the House Financial Services Committee.
The $Nasdaq Composite Index (.IXIC.US)$ added 0.14% to close at 18429.29, and the $S&P 500 Index (.SPX.US)$ gained 0....
Powell will continue testimony this week before Congress on Wednesday before the House Financial Services Committee.
The $Nasdaq Composite Index (.IXIC.US)$ added 0.14% to close at 18429.29, and the $S&P 500 Index (.SPX.US)$ gained 0....
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Kareem Washington
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Morning Movers
Gapping up
$Novavax (NVAX.US)$ The biotech firm's stock price skyrocketed by 114% after revealing a multi-billion dollar agreement with Sanofi to jointly market its Covid vaccine and collaborate on creating hybrid vaccines aimed at both Covid and influenza.
$Sweetgreen (SG.US)$ Shares of the salad chain surged by 5% after Sweetgreen announced a first-quarter revenue of $158 million, which exceeded the consensus estim...
Gapping up
$Novavax (NVAX.US)$ The biotech firm's stock price skyrocketed by 114% after revealing a multi-billion dollar agreement with Sanofi to jointly market its Covid vaccine and collaborate on creating hybrid vaccines aimed at both Covid and influenza.
$Sweetgreen (SG.US)$ Shares of the salad chain surged by 5% after Sweetgreen announced a first-quarter revenue of $158 million, which exceeded the consensus estim...
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