Australian Treasurer Jim Chalmers updated the Mid-Year Economic and Fiscal Outlook on Wednesday, which includes updates on issues such as the budget deficit and economic growth forecasts. So, what are the key takeaways from this report, how will these updates affect the Australian stock market, and how should Australian investors adjust their trading strategies? We will discuss these points in detail below. Main takeaways from t...
Investors are heavily buying into the new hottest momentum power play chip stocks, like Broadcom, Micron, and Marvell, which are gaining market share. While they’re buying Tesla$Tesla (TSLA.US)$shares in droves, which sent Tesla shares up 6.1% overnight to $463.02 after it unveiled details of its gaming changing cheapest EV yet. While Bit...
Rocket Lab shares have gained 118% from November. Palantir 73%. These are just two the four noteworthy companies we cover today, to see if they’re worthy of going on your investment watchlist, to grow your wealth in 2025. ____________________________________________________________________________________...
US stocks and cryptocurrencies take a breather after hitting brand-new records the day prior The S&P 500$S&P 500 Index (.SPX.US)$shaved off 0.2%, the Nasdaq 100$NASDAQ 100 Index (.NDX.US)$fell 0.3%, and the Bitcoin price fell below $100,000 after reaching the milestone level for the first time. Investors are being a bit cautious ...
Tech stocks drop but many investors will use the pull back as a buying opportunity. US stocks dropped from their record all-time highs, with tech stocks blowing off steam. 66 of the top 100 big tech names fell ahead of Wall Street closing for Thanksgiving. It may seem ominous to some with Nasdaq 100 index falling 0.9%, but it’s not al...
T he biggest game changing event in financial markets happened this week. Bitcoin rose above US$99,000 for the first time on Thursday after rising 125% this year. That makes Bitcoin THE BEST performing asset. And more upside is ahead. Here’s what you need to know and the stocks to watch. Bets are on for Bitcoin to imminently hit $100,000 then bring in the $175...
G'day, mooers! Check out the latest news on today's stock market! • Bitcoin Climbs to Fresh High, US Market Shifts into Climb • Amcor Experiences Dip On $13b Tie-Up • Stocks to watch: PDN, WJL Wall Street Summary U.S. equities largely rebounded after an initial dip following the Ukraine-Russia conflict, with Nvidia playing a significant role in driving the$Nasdaq Composite Index (.IXIC.US)$higher. By the close of trading, the Nasdaq Composite I...
Overnight the Nasdaq rose over 1%, with Nvidia$NVIDIA (NVDA.US)$shares climbing 4.9% ahead of the world’s biggest chipmaker releasing results that could move its stock by 8% (and drive markets) in either direction, as it makes up 9% of the Nasdaq. Tesla’s$Tesla (TSLA.US)$stock gained 2%, boosting Elon Musk’s wealth by US$12.9 ...
Main takeaways from t...
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The S&P 500 $S&P 500 Index (.SPX.US)$ shaved off 0.2%, the Nasdaq 100 $NASDAQ 100 Index (.NDX.US)$ fell 0.3%, and the Bitcoin price fell below $100,000 after reaching the milestone level for the first time. Investors are being a bit cautious ...
US stocks dropped from their record all-time highs, with tech stocks blowing off steam. 66 of the top 100 big tech names fell ahead of Wall Street closing for Thanksgiving. It may seem ominous to some with Nasdaq 100 index falling 0.9%, but it’s not al...
he biggest game changing event in financial markets happened this week. Bitcoin rose above US$99,000 for the first time on Thursday after rising 125% this year. That makes Bitcoin THE BEST performing asset. And more upside is ahead. Here’s what you need to know and the stocks to watch.
Bets are on for Bitcoin to imminently hit $100,000 then bring in the $175...
• Bitcoin Climbs to Fresh High, US Market Shifts into Climb
• Amcor Experiences Dip On $13b Tie-Up
• Stocks to watch: PDN, WJL
Wall Street Summary
U.S. equities largely rebounded after an initial dip following the Ukraine-Russia conflict, with Nvidia playing a significant role in driving the $Nasdaq Composite Index (.IXIC.US)$ higher. By the close of trading, the Nasdaq Composite I...
Top losers: $Contact Energy Ltd (CEN.AU)$, $Neuren Pharmaceuticals Ltd (NEU.AU)$ and $Pilbara Minerals Ltd (PLS.AU)$
On Tuesday, a surge in technology and energy shares propelled the Australian stock market to an all-time high at the close. The key $S&P/ASX 200 (.XJO.AU)$ increased by 0.89%, or 73.8 ...
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