The fintech sector saw remarkable gains this week, driven by standout earnings results from companies like Upstart, Affirm, SoFi, and Bill Holdings, which surpassed market expectations. President Trump's financial deregulation plans, combined with the interest rate cut cycle, have created a positive sentiment for fintech companies, prompting investment banks to raise their ratings for these firms. The strong performance of these stoc...

The Walt Disney Company's stock price surged over 16% last week, fueled by a better-than-expected fiscal fourth-quarter earnings report released last Thursday. This impressive rally highlights the market's optimistic response to Disney's financial results and its future growth plans, aiding a significant recovery in its market capitalization from prior lows. The question now is: can this momentum sustain? Let's dive into Disney's fund...

The latest Global Fund Manager Survey from BofA, released on November 12, shows that global fund managers anticipate an increased probability of the U.S. not landing, but also an increase of inflation risks. Additionally, fund managers have developed a stronger preference for high-yield bonds and U.S. stocks, especially small-cap stocks. The Bull & Bear Indicator has risen but has not reached a state of extreme optimism....

After Donald Trump won the 2024 U.S. presidential election, the price of Bitcoin quickly surged past $76,000, setting a new all-time high. This price increase was a direct market reaction and a response to Trump's promises to support the crypto industry. BlackRock's Bitcoin exchange-traded fund saw over $1 billion in trading volume within the first 20 minutes of trading, marking a historic milestone for the crypto market.
During his campaign, Tru...

Bitcoin broke above $70,000, briefly touching $71,000 with a 24-hour gain of more than 4%. This rally also lifted Ethereum climbing back above $2,600.
Some investors might notice that Bitcoin's recent rise happened alongside gold's increase. In March, both reached their peak at nearly the same time. Since November 2022, Bitcoin and gold have often moved in the same direction, showing a growing connection between them.
One major catalyst is the upcoming U...

As Meta is set to release its Q3 2024 earnings on October 30, investors are watching for sustained growth and profitability amid rising expenses and high expectations in AI and Reality Labs.
Meta's CFO Susan Li projects that the company's revenue for Q3 2024 will range between $38.5 billion and $41.0 billion, representing year-over-year growth of 12-20%. Analysts' consensus stands at $40.30 billion. Meta has shown impressive performance th...

The market expects solid growth as Google prepares to announce its Q3 2024 earnings. The company is projected to report $86.2 billion in revenue and $27.4 billion in operating profit, representing 12% and 14% year-over-year growth, respectively. With a stable advertising market and increasing momentum in cloud services and AI, Google's core businesses continue to thrive, making this a highly anticipated earnings release.
Alphabet Q3 Earnings Key Watch
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