Comment on this storyCommentThe victories for President Joe Biden keep adding up heading into next week’s State of the Union address. The American Rescue Plan. The Infrastructure Act of 2021. The Inflation Reduction Act of 2022. As impressive as those accomplishments are, perhaps the most astonishing one is what has happened in the stock market. …
Biden’s Stock Market Is Nearly Identical to Trump’s Read More »
The Dow Jones Industrial Average closed lower even as the Nasdaq flew more than 3%. Meta Platforms (META) rocketed as Mark Zuckerberg shared a surprise. Apple (AAPL) popped in open trading but reversed in extended trading on earnings while Microsoft (MSFT) was a top blue chip. X New Leaderboard member US Global Jets (JETS) ETF …
White House National Economic Council Director Brian Deese will officially leave the White House later this month in a long-awaited departure. In a statement Thursday morning, President Joe Biden praised Deese for his work on implementing his economic policies.” Brian’s work was critical to the passage of the most significant economic agenda in generations,” the …
White House top economic advisor Brian Deese to depart mid-February Read More »
Google parent Alphabet (GOOG, GOOGL) announced its Q4 earnings after the bell on Thursday, falling short of expectations on revenue and earnings per share, as advertising declined year-over-year. Here are the most important numbers from the report, compared to what Wall Street was expecting, as compiled by Bloomberg. Alphabet shares were down 4.2% immediately following …
Alphabet misses on earnings expectations, as ad revenue falls Read More »
As per the Budget proposal, banks remitting funds overseas will have to collect tax at source at 20% without the applicability of any threshold limit. So, whether you are buying a house in Dubai, or meeting the day-to-day expenses of your child studying abroad, or investing in global stocks, it will pinch your pocket. Earlier, …
Union Budget 2023: Sending money abroad to burn bigger hole in pocket Read More »
© Reuters. By Yasin Ebrahim Investing.com — The Dow closed flat Thursday, as investors piled in on tech stocks following a rally in Meta, though weakness in health care and energy weighed on upside momentum. The fell 0.1%, or 39 points, the was up 3%, and the rose 1.4%. Meta Platforms Inc (NASDAQ:) reported fourth-quarter …
Dow cuts losses to end flat as tech reigns supreme By Investing.com Read More »
Most of the pitch deck teardowns to date (here’s a handy list of the more than 30 we have published so far) have been for institutional funding rounds, typically in the millions or tens, even hundreds of millions of dollars raised. Those are interesting to look at, of course, but I also know that many …
Payne Capital Management President Ryan Payne discusses the market rally following the Federal Reserve meeting, Charlie Munger’s call for a crypto ban, and Meta shares. Meta Platforms is leading the tech stock revival on Wall Street despite the parent company of Facebook reporting a dip in fourth-quarter revenues from a year ago. Meta’s gain is …
Ukraine’s President Volodymyr Zelenskiy visiting troops in Kherson, Ukraine. Photo: Reuters Russians who are incensed by President Vladimir Putin’s invasion are sending “significant amounts of money” through cryptocurrency back channels to help Ukraine, according to its deputy digital minister. Two days after Putin’s troops and tanks crossed the international border between Russia and Ukraine on …
Russians sending money via crypto to help Ukraine Read More »
The S&P 500 Index SPX, +1.47% has finally broken through major resistance at 4100. If the breakout holds through today, then it will be a valid one. Furthermore, SPX is now clearly above its declining 200-day moving average, and it is above the downtrend line that has defined the US bear market for over a …
Opinion: The S&P 500 is flashing signs that the bear market could finally be over Read More »