Stock Market

Nasdaq logged 66th correction this week since its inception in 1971

 Nasdaq logged 66th correction this week since its inception in 1971

Highlights The Nasdaq Composite logged its 66th correction this week since its launch in 1971. The index declined 10.69% on Wednesday from its record high of 16,057.44 points on Nov 19, 2021. On Tuesday, it closed below its 200-day moving aver...

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Stocks that could give FAANG companies a run for money

Stocks that could give FAANG companies a run for money

Although the big FAANG companies continue to hog the limelight, they might soon see increased competition to retain their exalted positions in the market. The FAANG stocks include Meta Platforms Inc., formerly Facebook, Amazon.com Inc., Apple Inc....

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Yearender: A look at top 5 technology ETFs of 2021

Yearender: A look at top 5 technology ETFs of 2021

Highlights The US ETF industry is worth US$7.0 trillion. A total of 445 ETFs were launched in 2021, adding US$900 billion into the ETF market.  The Dow Jones US Technology Total Stock Market Index gained 37.44% YTD. Exchange-traded f...

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Top stocks under US$1,000 to explore in 2022

Top stocks under US$1,000 to explore in 2022

Stock markets saw strong gains in 2021 despite the Covid-19 pandemic. The companies posted significant revenue growth in their quarterly reports, lifted by consumer demand. Here we explore five stocks that are under US$1,000, gave a solid performa...

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Yearender: Five S&P 500 stocks that gave over 100% return on equity

Yearender: Five S&P 500 stocks that gave over 100% return on equity

 The S&P 500 Index or the Standards and Poor’s 500 Index comprises 500 large-cap public companies based on their market capitalization. These companies are ge...

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Test of Nerves: Manchin’s comments wreak havoc on markets

Test of Nerves: Manchin’s comments wreak havoc on markets

Highlights The Democratic senator on Sunday voiced concern over the decades-high inflation in the country and the compounding impact of the spending bill on the economy. The comments did not help allay the markets waning confidence over the ris...

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These 5 US stocks returned between 500% and 5,000% in 2021

These 5 US stocks returned between 500% and 5,000% in 2021

This year has been another year of COVID-19, meme rallies, the metaverse and AI. Meme stocks gave robust returns. Other stocks enjoyed rallies driven by the cryptocurrency craze, and some benefitted from the pandemic-related healthcare requirements...

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Best US ETFs that returned over 55% in 2021

Best US ETFs that returned over 55% in 2021

Highlights ETFs are considered a safer way to invest in the stock market for new investors. They charge a fee for managing the ETFs, called the expense ratio. ETFs are available for almost all the market segments. Exchange-Traded Funds (E...

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3 global metaverse stocks to look at in 2022

3 global metaverse stocks to look at in 2022

  • December 15, 2021 12:14 PM AEDT
  • Ashish

The metaverse, a virtual reality-powered version of the internet, is the new buzzword in the internet technology space all across the globe. The virtual space within digital environments, including online games and social media, is being seen ...

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10 US-listed Chinese stocks to explore in 2022

10 US-listed Chinese stocks to explore in 2022

Highlights Alibaba named Toby Xu as its new CFO, effective April 1, 2022. NIO Inc has delivered 10,878 vehicles in November 2021. Xpeng has delivered 15,613 vehicles in November 2021. The US-listed Chinese stocks have been drawing attenti...

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Whitepaper on SPACs in the US

Whitepaper on SPACs in the US

Highlights SPACs (Special Purpose Acquisition Company) are a time- and-money saving route for stock listings by companies. SPACs get two years to complete a purchase, or they must return the funds to investors. Virgin Galactic Holdings, Inc. (...

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