We saw major U.S. indices showing mixed performance after fresh data showed an uptick in job openings and a slowdown in layoffs in October, signaling resilience in the labor market.
This week, labor job data remain the focus for investors as we expect the November employment report scheduled for release Friday morning.
During much of the trading session, S&P 500 was trading in the negative territory, only to recover in the afternoon ...

After climbing to record highs on last Friday (06 Dec 2024) when we saw how the November jobs report reinforced Wall Street's expectations for a December interest rate cut from the Federal Reserve, U.S. equities fell at midday as sliding tech shares slowed the recent record-setting stock runup.
S&P 500 and NASDAQ each fell 0.61% and 0.62% respectively while DJIA also declined by 0.54%. Both S&P 500 and NASDAQ have closed on records on l...

3 intense episodes of Moomoo Money Master has brought us down to our final three contestants! How will this competition further intensify? In this episode, our Chief Market Strategist, Isaac conducted a pre-game round table with our contestants to get them ready for their final game.
In the final game (Ep 4) , they will be face the ultimate challenge which requires them to put together everything they have learnt over the past few games in order to win the challenge. ...

idk if this will hit 2.70 today. friday effect?
holding period 1 week

"Portfolio Pursuit" was intense! 4 Teams and only 2 made it to the next round.
In this episode, they are thrown into a game called "Trading in a Pasar" where prices move with market movements and demand for the produce at the "Pasar". If more people buy into a certain produce, the price would be bumped up at the next round. Our contestants were very creative, we saw some form of collusion happening to pump up the prices of a certain produce. That gives us a glimpse of ...

Tired of the hassle when trying to deposit into your crypto account? Well, good news! Moomoo SG has just launched a brand-new feature that supports direct deposits to your crypto account!
You can access the direct crypto deposits through the following three entries：
1.  Account > Deposit
2. Account > Crypto Account > Transfers > Deposit
3. Crypto Trading Page > Top Up Funds bottom > Deposit
If you already have:
1. At least one activ...

Thanks to S&P Global Market Intelligence for providing the data. This maneuver mainly relied on three strategies: delivering an impressive third-quarter performance report at the end of October; boosting investor confidence with its lending business; and the post-presidential election economic recovery and market expectations of interest rate cuts, which fueled the bullish sentiment.
SoFi, as a company from its IPO several years ago until now, can be considered a "stimulus stock". It disrupted traditional banks, attracted a large number of young social media fans, but also because it was labeled as a "risky technology stock", experienced ups and downs like a roller coaster. However, now SoFi has finally turned the tide. With four consecutive quarters of GAAP net income, it has finally proven itself. Moreover, the management confidently states that this profitability trend will continue.
Sounds good, right? But there is a small twist. In recent years, the market's sentiment towards SoFi has been somewhat complex, mainly because its main business is lending, and loan revenue has been under pressure. Although lending is SoFi's "cornerstone", the management had long realized that you cannot put all your eggs in one basket, so they began aggressively expanding their platform business. The third-quarter financial report shows that SoFi's financial services business grew by 102% year-on-year, with an incredibly strong momentum. SoFi is now not just a lender; it also provides various digital financial services such as banks accounts, investments, insurance, and more...

Have you tuned in to the exciting first episode of the series? Who are you rooting for?
The second episode has been released. As the competition intensifies, the remaining contestants are pushed to form groups for a game rather similar to monopoly and that is 'Portfolio Pursuit'! They are to play a life-sized board game and the objective would be to ride on the power of compounding and bump up their portfolio standing by earning dividends. Only two teams will advance. ...