[ad_1] Prominent market commentator Jim Cramer has suggested three communications services stocks that are buys in an otherwise “untouchable” group. What Happened: “In an awful year for stocks, communication services…
[ad_1] Russia is likely to hike its crude oil exports if the European Union ban on imports of its fuel results in lower refinery throughput. What Happened: “If there are…
[ad_1] U.S. markets will remain closed on Monday as an observed holiday for Christmas. What Happened: Last week, major indices posted mixed performance while missing the much-awaited Santa Claus rally.…
[ad_1] Allianz chief economic adviser Mohamed El-Erian believes the effect of the Federal Reserve’s rate hikes is showing up in rate-sensitive sectors of the economy. However, the challenge is that drivers of inflation have shifted,…
[ad_1] U.S. markets witnessed another sell-off on Thursday, erasing all optimism surrounding a “Santa Claus” rally following a rebound in the previous session as investors and traders began considering the effects of a…
[ad_1] Prominent market commentator Jim Cramer reportedly said the market’s reaction to the earnings report from Nike Inc NKE and FedEx Corporation FDX provides an important lesson that it’s misguided…
[ad_1] Hong Kong stocks soared in early morning trade on Thursday, with the benchmark Hang Seng rising over 2%, as investors and traders cheered U.S. consumer confidence data surging to an…
[ad_1] Cathie Wood-led ARK Investment Management bought Tesla Inc TSLA shares for the sixth consecutive day on Wednesday, adding over 9,900 shares of the EV maker at an estimated valuation of over $1.36 million.…
[ad_1] U.S. markets soared on Wednesday as consumer confidence surged to an eight-month high in December following a drop in inflation and the labor market remaining strong. Twelve-month inflation expectations…
[ad_1] Allianz chief economic adviser and noted economist Mohamed El-Erian believes inflation is going to remain sticky and that when it reaches 4%, there’s going to be a major decision…
[ad_1] Shares of Tesla closed 8.05% lower on Tuesday after a string of brokerages reduced their price targets on the stock. Analysts reportedly said investors are concerned that Elon Musk…
[ad_1] Cathie Wood-led ARK Investment Management continued buying Tesla Inc TSLA stock as it slipped below the $150 mark on the downside on Monday. What Happened: The ARK Autonomous Technology & Robotics ETF ARKQ purchased over 27,000…
[ad_1] The Russian rouble plunged to its weakest level in over seven months against the dollar on Monday and was on the path to its biggest single-day drop since July. Monday’s decline…
[ad_1] The Federal Reserve under Jerome Powell has attracted widespread criticism for first being late in responding to a rise in inflation and then for its tackling it with almost…
[ad_1] Hong Kong stocks opened in the red on Tuesday morning with the benchmark Hang Seng losing 0.93% in morning trade as mounting fears of a recession are overshadowing hopes of…
[ad_1] Major Wall Street indices closed in the red on Monday as investor optimism on the much anticipated “Santa Claus” rally began to fade over fears of recession gaining momentum.…
[ad_1] Former Treasury Secretary Lawrence H. Summers believes it will take a long time to get inflation down to where the Federal Reserve wants it to be and that it would be a little more sustained…
[ad_1] Major Wall Street indices had closed in the red on Friday in the wake of a continued sell-off following the hawkish stance asserted by the Federal Reserve. Friday witnessed…
[ad_1] Prominent market commentator Jim Cramer has said the Federal Reserve needs to talk the big game without needing to do too much as endless rate hikes will destroy everything…
[ad_1] Cathie Wood-led ARK Investment Management continued to buy Tesla Inc TSLA shares on Thursday with the funds purchasing over 6,000 shares of the EV maker at an estimated valuation…
[ad_1] Prominent market commentator Jim Cramer believes the current sell-off in the market post the Federal Reserve’s hawkish stance shows investors are acting very rashly. “I have no doubt there…
[ad_1] Major Wall Street indices closed in the red on Wednesday despite an anticipated 50 basis points hike by the Federal Reserve as Chair Jerome Powell indicated the need for…
[ad_1] Prominent market commentator Jim Cramer on Tuesday analyzed a chart by Carley Garner and advised investors to buy the dips in oil, saying that the sell-off in the commodity is largely over. What Happened: “The…
[ad_1] Major Wall Street indices closed in the green on Tuesday after consumer price inflation at 7.1% for November came in lower than expected. Investors and traders are watching out…
[ad_1] Prominent market commentator Jim Cramer said without a “well-deserved” crash in cryptocurrency and a sign of higher unemployment acknowledged by the Federal Reserve Chair Jerome Powell, the current consumer price…