Here are the top five things investors need to know to start day trading: 1. Climbing The Fed held off, an economic report was cooler than expected, and for the most part, markets rallied. Investors were upbeat after the Federal Reserve said it had made “modest further progress” toward its 2% inflation target, despite no … Read more
With JPMorgan at the top of the list, the United States has extended its lead as the home of the world’s largest companies according to the annual Forbes Global 2000 ranking. Strong US markets are to be commended. from Hank TuckerForbes Staff WAs Americans continue to grapple with high grocery prices and the highest mortgage … Read more
Keith Gill, the meme stock trend setter known as Roaring Kitty, may have sold his recently disclosed options at GameStop amid a surge in trading, market experts speculated. Gill — who made a surprise return to social media last month after not posting anything online for years — had revealed a sizable GameStop stock and … Read more
Initial jobless claims jumped to their highest level since last summer, while core producer prices were unchanged, increasing the chances of a Federal Reserve rate cut in September. The S&P 500 fell in Thursday morning stock market action. X While the Fed’s new forecasts on Wednesday signaled the likelihood of a single rate cut this … Read more
MDMA or ecstasy is under consideration for FDA approval to treat PTSD, but the future is uncertain. MirageC/Getty Images/Moment RF hide title change the subtitles MirageC/Getty Images/Moment RF The psychedelic drug MDMA is nearing the end of a decades-long effort to enter mainstream medicine, but instead of celebrating, supporters now find themselves wondering if the … Read more
U.S. stocks traded mixed on Thursday, with the S&P 500 holding close to its record high as investors weighed the dual pull of cooling inflation and a Federal Reserve retreat on interest rate cuts. The S&P 500 (^GSPC) fell below the flat line as the benchmark hit 5,400 to close at a new all-time high. … Read more
Dow Jones futures fell modestly early Thursday, while S&P 500 and Nasdaq futures rose. Broadcom (AVGO) bounced overnight from strong earnings and a big stock split. Tesla ( TSLA ) emerged as Elon Musk says he expects to win his $56 billion payday vote. X Stock market gains were boosted Wednesday morning by softening CPI … Read more
Stock splits are back in the spotlight after Nvidia took this step recently. Investors should remember that this is merely a cosmetic move that does not change the value and fundamentals of a company. What a stock split does is increase the number of shares outstanding while lowering the price of each share. So the … Read more
Today Tesla shareholders will finally answer a $56 billion question hanging over the company: Can CEO Elon Musk keep his record salary? While Musk tweeted late Wednesday night that votes were trending to pass his pay package, official word won’t come down until later today — though Tesla shares rose nearly 7% in early trading. … Read more
New York CNN – SpaceX and CEO Elon Musk were sued Wednesday by former employees who claim they were wrongfully fired for raising concerns about gender discrimination and sexual harassment at the rocket company. The lawsuit, filed by eight employees who were laid off in 2022, alleges that Musk wants to be “the leader of … Read more