Asia Morning – Aug 16
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,563.06 +554.67 +1.39%Positive trading higher Nasdaq Composite Index .IXIC 17,594.50 +401.90 +2.34%Positive trading higher S&P 500 Index .SPX 5,543.22 +88.01 +1.61%Positive Index Last Change % Change unchanged Nikkei Index .N225 36,726.64 — — trading lower Hang Seng Index .HSI 17,109.14 -4.22 –0.02%Negative trading […]
US stock quick picks – Aug 15
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Trends to Watch Beautiful: Warren Buffett’s Berkshire Hathaway Takes Ulta Beauty Stake, Sending Shares Up (Wall Street Journal) Ready for September: Stocks Rise as CPI ‘Checks The Box’ for Fed Cuts: Markets Wrap (Bloomberg) Winning Bet: DraftKings abandons plan for betting surcharge after FanDuel doesn’t follow suit (Axios) Bitcoin Support: Morgan Stanley discloses $188M in BlackRock Bitcoin ETF holdings (Cointelegraph) Leadership Change: Victoria’s […]
Stocks hold firm as US inflation data keeps rate cut hopes alive – Aug 15
Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 40,008.39 +242.75 +0.61%Positive trading higher Nasdaq Composite Index .IXIC 17,192.60 +4.99 +0.03%Positive trading higher S&P 500 Index .SPX 5,455.21 +20.78 +0.38%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes See all Asia morning Summary Recent data raises speculation about […]
US stock quick picks & Crypto highlights – Aug 14
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Top Movers: Under $10 iLearningEngines Inc. (AILE) is up 25.74% today to trade at the current level of $3.84. This comes after the company announced financial results for the second quarter ended June 30, 2024. Zapata Computing Holdings Inc. (ZPTA) zoomed 32.62% in today’s trade to $0.68 after announcing that it has entered a Cooperative Research […]
Nu Holdings Posts Record High – Aug 14
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Trends to Watch Optimism: 3 reasons why Bitcoin traders expect $100K+ BTC price by 2025 (Cointelegraph) Turbulence: Elliott Prepares to Launch Proxy Fight at Southwest Airlines (Wall Street Journal) Winding Down: Paramount is shutting down its TV studio as part of a new wave of layoffs (The Verge) So Much Winning: Traders dump MAGA memecoins after Trump fails to talk crypto […]
Stocks rise, bond yields drop on soft US PPI data – 14 Aug
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Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 39,765.64 +408.63 +1.04%Positive trading higher Nasdaq Composite Index .IXIC 17,187.61 +407.00 +2.43%Positive trading higher S&P 500 Index .SPX 5,434.43 +90.04 +1.68%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes Summary Europe’s STOXX steady, Nikkei rallies after wild week […]
Crypto market highlights 13 Aug
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Crypto Market Highlights Euler Finance completed 29 audit reports for its “v2” relaunch, resolving all security issues; a $1.2 million post-audit bug bounty found no medium or higher severity issues. Aleph Zero launched its Ethereum-compatible layer-2 solution on its mainnet, integrating with zero-knowledge privacy tools and using a Substrate-based WASM layer 1 as its […]
US stock picks and dividends this week
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Top Movers: Under $10 Greenlane Holdings Inc (GNLN) is up 204.33% today to trade at the current level of $7.52. This comes after the company announced that it has entered into a non-binding letter of intent to be the exclusive distributor in the U.S. of Safety Strips, Inc.’s fentanyl, xylazine and drink spike detection test […]
Three-year inflation outlook hits record low in consumer survey – Aug 13
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Stock Market News SEC probe of B. Riley widens as struggling firm’s stock drops more than 50% on profit warning – New York Post JetBlue downgraded by S&P and Moody’s amid $3B debt raise – Fox Business Universal Music, Meta expand music licensing agreement – Reuters Bank of America no longer predicting recession, CEO says – Fox Business […]
Stocks tick up while yen slips in calm before US data – 13 Aug
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Index Last Change % Change trading lower Dow Jones Industrial Average .DJI 39,357.01 -140.53 –0.36%Negative trading higher Nasdaq Composite Index .IXIC 16,780.61 +35.31 +0.21%Positive trading higher S&P 500 Index .SPX 5,344.39 +0.23 +0.00%Positive Source: LSEG, opens new tab – data delayed by at least 15 minutes Asia market summary U.S. CPI, retail data to refine outlook for […]