- October 02, 2022 06:19 AM PDT
- Rupam Roy
- September 28, 2022 07:00 AM PDT
- Rupam Roy
Strong US dollar spurs global currency war to curb inflation
- June 23, 2022 07:47 AM PDT | Mridul Gogoi
Global race to boost individual currencies to combat inflation will unleash a mayhem in world economy.Read More...
AAPL to V: Will these 3 Warren Buffett stocks trounce inflation?
- June 15, 2022 11:25 AM PDT | Mridul Gogoi
Highlights: Warren Buffett, CEO of Berkshire Hathaway, is regarded as the wizard in picking stocks. Investors look up to Buffett when deciding on a portfolio and closely follow his steps. A strong portfolio of stocks can wade through an inflat...Read More...
VALE to KR: Can these 5 stocks protect against stagflation?
- June 15, 2022 09:47 AM PDT | Rupam Roy
Highlights: The Vale S.A. (VALE) stock returned over 15% gains YTD. Barrick Gold’s (NYSE: GOLD) net income was US$706 million in Q1, FY22. Pfizer, Inc. (NYSE: PFE) revenue rose 77% YoY in Q1, FY22. Stagflation is a period when infla...Read More...
As S&P 500 confirms bear market, most of its components look worse
- June 14, 2022 03:00 AM PDT | Reuters
Wall Street's main indexes opened higher on Tuesday, a day after the S&P 500 confirmed it was in a bear market, as investors took relief from a smaller-than-expected rise in core producer prices. The Dow Jones Industrial Average (.DJI) rose 75...Read More...
Tesla (TSLA) shares drop after announcing 3-for-1 stock split
- June 13, 2022 11:11 AM PDT | Mridul Gogoi
Tesla Inc (Nasdaq: TSLA) stock tumbled around 3% in premarket on Monday after announcing a 3-for-1 stock split to boost its share numbers by three times to six billion. The EV maker is toeing the same line as other major tech companies...Read More...
Is technology sector's decade-long market dominance fading?
- June 11, 2022 11:24 AM PDT | Mridul Gogoi
Highlights: This year has seen the biggest rout of tech stocks after ruling the market for a decade. The steep fall of the S&P 500’s IT sector in 2022 is the worst start to a year after 2002. Investors say that the days of tech stock...Read More...
US CPI preview: Searching for inflation cooling trends
- June 10, 2022 03:10 AM PDT | Reuters
Highlights: Labor Department's Consumer Price index (CPI) is expected to accelerate to 0.7% from 0.3%, when stripped of volatile food and energy products. The central bank raised the Fed funds target rate by 75 basis points in recent months in ...Read More...
US stock market not yet priced in economic slowdown: Bridgewater co-CIO
- June 10, 2022 01:59 AM PDT | Reuters
Bridgewater's Karen Karniol-Tambour, co-chief investment officer for sustainability, said on Thursday that the U.S. stock market has not yet priced in an economic slowdown in the United States. "Profits are extremely high and it seems very unlikel...Read More...
Uptick in Chinese tech stocks renews hopes of a long rally
- June 08, 2022 11:43 AM PDT | Mridul Gogoi
Several Chinese stocks trading on US stock exchanges saw an upsurge on Wednesday after the government’s assurance of extending support to the domestic technology companies. The surge in Alibaba Group Holding Ltd. and Bilibili Inc stocks on W...Read More...
HPQ, CRM, GME among top 5 stocks to watch this week
- May 31, 2022 01:15 PM PDT | Mridul Gogoi
Amid the global economic turmoil triggered by a slew of macroeconomic factors, rising costs, supply chain disruptions, inflation, and a looming recession in the US, investors are stretched too far in picking a stock. Ranging from tech to social med...Read More...