US Stock Market

Quick Look: TMTG’s merger with DWAC sent stocks soaring to $75, driven by Trump’s 58% ownership. A loss of over $58 million in 2023 caused a 21% drop in shares to $48.66. Left Action petitioned for an investigation into Trump for potential securities fraud. Legal battles aimed to void the $444 million stakes of Andy …

TMTG’s Rollercoaster: From IPO to Legal Dramas Read More »

Quick Look: PVH Corp. shares plummeted by 21%, grappling with weak revenue guidance and macroeconomic hurdles. Estee Lauder shares rose 2%, shining bright with a Citi upgrade from neutral to buy. After a modest CMS rate increase, Humana and UnitedHealth Group stocks fell 9.6% and 4%, respectively. Technology and real estate sectors experienced mixed fortunes; …

A Whirlwind in Wall Street: Twists and Turns in the Market Read More »

Quick Look: Dow Jones dropped nearly 400 points, while S&P 500 and Nasdaq declined. Bond market attention with a 10-year Treasury Yield peak at 4.36%, oil prices above $85. Federal Reserve’s rate decisions are awaited amid strong US economic indicators. Healthcare sector dips after US regulators cut expected Medicare plan payments. Tesla’s share price falls …

US Stocks: A Whimsical Look at the Latest Tumbles and Twirls Read More »

Quick Overview Futures indicated a slight upward trend; copper futures rose by 1%. Federal Reserve’s inflation measure met expectations, boosting stocks. Nvidia, Meta, and CrowdStrike are featured on the IBD 50 list; Tesla’s deliveries are awaited. Dow Jones and S&P 500 hit record highs; small-cap stocks showed significant gains. Investors are advised to diversify portfolios …

Market Hits Highs: Dow & S&P Record, 1% Copper Rise Read More »

Quick Look US stocks witnessed a remarkable rebound, with the S&P 500 setting a new record and the Dow Jones surging over 475 points. Market gains extend beyond the start of 2024, indicating a robust first quarter and signalling the potential for further growth. Economic indicators and meme stock phenomena captivate investors, highlighting the complex …

S&P 500 Hits Record; Dow Jumps 475+ Points Read More »

Quick Look Trump Media is poised for a public listing, potentially valuing Trump’s stake over $3bn. Digital World’s SPAC deal faces scrutiny amid Trump’s $464m fraud fine. Risk looms for investors despite Trump Media’s ambitious growth plans. In an unfolding saga that captures the intersection of politics, finance, and legal challenges, Donald Trump’s latest venture …

Trump’s Market Maneuver: A Financial Lifeline? Read More »