Stock news

Meme Stock Mania: Enthusiasm with a 500% Twist

Quick Look Keith Gill’s Impact: Keith Gill’s post reignites meme stock enthusiasm, boosting GameStop shares by 75%. Meme Stock Revival: Gill’s livestream draws massive interest, highlighting the blend of community and investment. GameStop’s Volatility: Despite a recent surge, GameStop remains down 65% from its 2021 high, reflecting ongoing market challenges. Economic Shifts: Unlike 2021’s booming …

Meme Stock Mania: Enthusiasm with a 500% Twist Read More »

zscaler

Texas Launches BlackRock-Backed Stock Exchange

Quick Overview New Exchange Announced: The Texas Stock Exchange (TXSE) Group is set to launch in Dallas, backed by BlackRock and Citadel Securities. Economic Impact: With $120 million in funding and strong investor support, TXSE aims to rival NYSE and Nasdaq. Market Shifts: Public companies have halved since 1996, with private equity-backed companies now dominating …

Texas Launches BlackRock-Backed Stock Exchange Read More »

Nvidia news: stock is slowing down

Nvidia’s 10-for-1 Stock Split: 5 Essential Facts

Quick Overview Stock Split Ratio: Nvidia’s 10-for-1 stock split increases shares from 2.5 billion to 25 billion, adjusting the share price to ~$114. Market Capitalization: Despite the split, Nvidia’s market capitalisation remains $2,976 billion. Accessibility: The split aims to make shares more affordable and attractive to retail investors. Historical Performance: Nvidia’s stock has surged by …

Nvidia’s 10-for-1 Stock Split: 5 Essential Facts Read More »

Broker News

BJP Election Shortfall Wipes $371 Billion from Markets

Key Points Market Turmoil: On 4th June 2024, Nifty 50 and BSE Sensex experienced their largest one-day loss since 2020, dropping 5.93% and 5.74%, respectively. Political Trigger: The market panic was driven by the BJP’s underperformance in elections, securing 240 seats, below the expected majority. Modest Rebound: On 5th June 2024, both indices saw slight …

BJP Election Shortfall Wipes $371 Billion from Markets Read More »

The stocks will be wary for weeks ahead

Texas Stock Exchange Launch Backed by BlackRock, Citadel

Quick Look New Stock Exchange: The Texas Stock Exchange (TXSE) is set to launch in Dallas, aiming to challenge the NYSE and Nasdaq. Strong Backing: Supported by BlackRock and Citadel Securities, TXSE brings significant industry expertise. Strategic Goals: TXSE aims to attract global companies by offering lower compliance costs and more choices for issuers and …

Texas Stock Exchange Launch Backed by BlackRock, Citadel Read More »

Stocks Gain as Labor Market Cools, Rate-Cut Bets Increase

Key Points Market Volatility: US stocks showed minor gains amid interest rate uncertainty, with S&P 500 and Nasdaq up 0.1% and Dow Jones up 0.4%. Fed’s Cautious Stance: Federal Reserve officials signal no imminent rate cuts, requiring more evidence of cooling inflation. Weak Manufacturing Data: Decline in manufacturing activity impacts market optimism and economic growth …

Stocks Gain as Labor Market Cools, Rate-Cut Bets Increase Read More »

Nasdaq Reaches 11th Record Close in 2024, Gains 1.1%

Quick Overview Nasdaq Hits Record High: Nasdaq closed at 16,920.79, a 1.1% increase, marking its 11th record of the year. Nvidia’s Surge: Nvidia shares rose 2.6%, crossing the $1,000 mark, with a 15% weekly gain. Fed Rate Cut Speculations: Goldman Sachs delayed its rate cut forecast to September, with less than 50% probability of a …

Nasdaq Reaches 11th Record Close in 2024, Gains 1.1% Read More »

The stocks in wall street thrive despite inflation

Berkshire Hathaway 2024: Buffett’s Wisdom and Market Insights

At A Glance: Historical Growth: Since the 1960s, Berkshire Hathaway’s Class A shares have surged by 4,900,000%, significantly outperforming the returns of the S&P 500. Buffett’s Market Caution: Amid high market valuations, Berkshire net sold $56.09 billion in equity since October 2022, signalling potential market downturns. Strategic Cash Reserves: With $189 billion in cash, Berkshire …

Berkshire Hathaway 2024: Buffett’s Wisdom and Market Insights Read More »