Top 3 catalysts for the S&P 500 Index this week
The S&P 500 Index remained under pressure last week after the Federal Reserve delivered a highly hawkish interest rate decision. It also wavered as investors reacted to the new ceasefire…
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Category: Stock
Charles Schwab expands into prediction markets with S&P 500 bets
Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment.…
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand
Alcohol companies have had fewer reasons to say “cheers” in recent years. Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink…
Why a hawkish Fed isn’t scaring Wall Street
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts. Several major financial institutions have recently pushed back their forecasts for monetary…
Cathie Wood buys more Tesla, cuts Roku as ARK doubles down on AI
Cathie Wood’s ARK Invest increased its exposure to Tesla and Snowflake on Thursday while continuing to trim its position in Roku, according to the firm’s latest daily trading disclosures. The…
Mukesh Ambani reveals Jio listing plans amid record Reliance earnings
Reliance Industries Chairman Mukesh Ambani announced a series of major developments at the company’s annual general meeting, led by plans to list Reliance Jio platforms in what could become one…
What happens to SpaceX stock after lockup period ends?
SpaceX shares have soared following their blockbuster IPO debut, rising as much as 67% above the $135 offer price and pushing the stock to $225 before recent pullbacks. Despite the…
BitMine stock: Tom Lee’s Ethereum bet backfires as key metrics plunge
BitMine stock price has crashed this year as Tom Lee’s Ethereum bet backfires. BMNR dropped to $15.70 on Wednesday, down substantially from last year’s high of $160. This retreat may…