Big Tech Names Alphabet and Microsoft Drive Stock Market Rally on Strong Earnings – S&P 500 and Nasdaq Futures Surge

Big Tech Names Alphabet and Microsoft Drive Stock Market Rally on Strong Earnings – S&P 500 and Nasdaq Futures Surge

Breaking News: Big Tech Stocks Surge on Strong Earnings Breaking News: Big Tech Stocks Surge on Strong Earnings Overview Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock Futures Rise as Alphabet and Microsoft Impress S&P 500 futures rose on Friday as technology giants Alphabet and Microsoft … Read more

March’s PCE Inflation Gauge to be Released on Friday by Fed

March’s PCE Inflation Gauge to be Released on Friday by Fed

Latest News Fed’s preferred inflation gauge for March will be out Friday The personal consumption expenditures price index will be due on Friday morning, giving the Federal Reserve a detailed glimpse into the latest inflation metrics. For March, economists polled by Dow Jones anticipate headline PCE grew 0.3% from the prior month and by 2.6% … Read more

iCapital’s Anastasia Amoroso Predicts S&P 500 to Reach 5,500 by Year’s End

iCapital’s Anastasia Amoroso Predicts S&P 500 to Reach 5,500 by Year’s End

Google New Website Article The S&P 500 Could Reach 5,500 by Year’s End, Expert Says iCapital’s Anastasia Amoroso sees S&P 500 ending at 5,500 this year iCapital chief investment strategist Anastasia Amoroso believes that there’s a good chance the S&P 500 could rise to 5,500 by year’s end. This target would mark an 8% increase … Read more

European Stocks Open Higher After FTSE Notches Another Record Close

European Stocks Open Higher After FTSE Notches Another Record Close

European stocks open higher after FTSE notches another record close An Hour Ago European stocks opened slightly higher on Wednesday, with the benchmark Stoxx 600 index up 0.2% by 8:50 a.m. London time. The U.K.’s FTSE 100 climbed 0.4% after recording another record close on Tuesday, while France’s CAC 40 was 0.1% lower, and Germany’s … Read more

Singapore’s headline inflation rate falls to lowest level since September 2021

Singapore’s headline inflation rate falls to lowest level since September 2021

Singapore’s headline inflation rate falls to lowest since September 2021 Singapore’s headline inflation rate fell to its lowest since September 2021, coming in at 2.7% for March. This was lower than the 3.4% rate in February and also below the 3% expected by economists polled by Reuters. The city-state’s core inflation rate – also known … Read more

Europe stocks open higher as FTSE hits record high, Chinese bubble tea company Chabaidao tumbles 30%, yen hits fresh 34-year low, and Australia’s business activity expands

Europe stocks open higher as FTSE hits record high, Chinese bubble tea company Chabaidao tumbles 30%, yen hits fresh 34-year low, and Australia’s business activity expands

Breaking News Article Europe stocks open higher as FTSE hits record high An hour ago Europe’s stocks have shown positive signs as trading began today, with the noteworthy Stoxx 600 index experiencing a 0.5% rise by 8:40 a.m. London time. Additionally, the FTSE 100 of the United Kingdom has reached an all-time intraday high after … Read more

European Stocks Start the Week Higher; Safe Haven Assets Retreat amid Easing Middle East Conflict; Tesla Drops Prices Globally; Bitcoin Trading Near $65,000

European Stocks Start the Week Higher; Safe Haven Assets Retreat amid Easing Middle East Conflict; Tesla Drops Prices Globally; Bitcoin Trading Near $65,000

Europe stocks open higher An Hour Ago European stocks opened higher Monday, with the benchmark Stoxx 600 index up 0.5% by 8:05 a.m. London time. The U.K.’s FTSE 100 climbed 1.1%, while France’s CAC 40 was 0.5% higher and Germany’s DAX was up 0.7%. Safe haven assets retreat as fears of wider Middle East conflict … Read more

Bitcoin network completes fourth-ever ‘halving’ of rewards to miners

Bitcoin network completes fourth-ever ‘halving’ of rewards to miners

The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25. The price of bitcoin has been volatile ahead of the event, and fell about 4% this week to trade around $64,100, according to Coin Metrics. The event is a big test for mining companies, … Read more

The Bitcoin Network Slashes Miner Incentives in Half for Fourth Halving: What Investors Need to Know

The Bitcoin Network Slashes Miner Incentives in Half for Fourth Halving: What Investors Need to Know

Bitcoin Network Slashes Rewards to Miners – A Big Impact Expected The Bitcoin Network Halves Rewards for Miners for the Fourth Time The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The celebrated event, which takes place about once every four years as … Read more

Explosions in Iran Trigger Rise in Safe Haven Assets; Gold Sets New Record

Explosions in Iran Trigger Rise in Safe Haven Assets; Gold Sets New Record

Safe haven assets rise after unconfirmed reports of explosions in Iran; gold hits fresh record Safe haven assets rise after unconfirmed reports of explosions in Iran; gold hits fresh record Safe haven assets have witnessed a surge in demand following reports of unconfirmed explosions in Iran. The incident occurred near the airport of the central … Read more