Asian shares track Wall Street futures lower as Nvidia disappoints – Aug 29
Today’s Market News Stocks fall, Nvidia down 3% after the bell despite strong earnings Rupee holds above record low, supported by state-run banks’ dollar sales China’s CNOOC posts record interim profit on robust output growth Food delivery giant Meituan defies China consumer pullback with revenue beat Gold falls on firmer dollar as US data takes […]
US stock quick picks -Aug 28
Trends to Watch Optimism: Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally (CoinDesk) Price Cut: Lilly launches lower-price weight loss drug without injector pen (CNN) Closures: Shake Shack to close 9 underperforming locations (MarketWatch) Tough Day: Why is the crypto market down today? (Cointelegraph) Big Day: Nvidia results could spur record $300 billion swing in shares, […]
Looking local as US macro, Nvidia shadows linger – Aug 28
The mood across Asian markets on Wednesday is likely to be one of caution, for two main reasons that should keep markets in relatively narrow ranges – lingering concern over the health of the U.S. economy, and Nvidia’s earnings later in the day. U.S. and world stocks climbed higher on Tuesday but only slightly, while the dollar dipped again and Treasury yields were […]
Market trends – Aug 27
Stock Market News Apple announces iPhone event for Sept. 9 – CNBC IBM to close China R&D department, affecting over 1,000 jobs, Yicai reports – Reuters Oil climbs on Mideast escalation fears, US rate cut expectations – Reuters 10-year Treasury yield steadies after Powell boosts expectations of Fed rate cut – CNBC Paramount stock edges up as Bronfman […]
Morning Bid: Tiptoeing nervously along US rate path – Aug 27
World markets are entering a period of nervous uncertainty as investors try to determine whether upcoming U.S. interest rate cuts will be benign and in tandem with a ‘soft landing’, or mitigation against a more damaging economic downturn. Asian markets leaned towards the former on Monday and traded positively. But risk appetite steadily whittled away as the day […]
US stock quick picks -Aug 26
Stock Market News Fed Chair Powell indicates interest rate cuts ahead – ‘The time has come for policy to adjust’ – CNBC Meta cancels plans for high-end mixed-reality headset, the Information reports – Reuters Apple targets Sept. 10 debut for new iPhones, AirPods and watches, Bloomberg News reports – Reuters China’s robot makers chase Tesla to deliver humanoid […]
Stocks rise, bond yields drop on soft US PPI data – 14 Aug – [#2439]
Asia investors will digest the near certainty of a September loosening of U.S. monetary policy on Monday after a speech by U.S. Federal Reserve Chair Jerome Powell on Friday confirmed that the United States is ready to begin cutting interest rates. At his keynote speech to the Kansas City Fed’s annual economic conference in Jackson Hole, Wyoming, Powell said […]
US euqities, ex-dividend stocks – coming week
Ex-Dividends Stocks Tractor Supply Co. (TSCO) is about to trade ex-dividend Monday, meaning that investors who buy the stock after Monday will not be eligible for the next dividend payment. The company’s next dividend payment will be $1.1 per share. It has fixed August 26 as the record date for the same and will pay […]
Crypto market highlights – Aug 24
Crypto Market Highlights Tether has decided not to launch its blockchain due to market saturation and strategic concerns. Fetch.ai is opening a hub in San Francisco to advance artificial intelligence technology. According to Arkham Intelligence, El Salvador has continued accumulating Bitcoin, purchasing one daily since March 16. Upbit has temporarily suspended Near Protocol deposit and withdrawal […]
Weekend Women Story : How this founder thrived after surviving anorexia
Every weekend we feature inspiring stories from women everywhere. Enjoy the read and remain motivated! After Surviving Anorexia, This Founder Raised $110 Million To Treat The Deadly Disease Online Exclusive Forbes Profile: After Surviving Anorexia, This Founder Raised $110 Million To Treat The Deadly Disease Online Anorexia is one of the deadliest mental health disorders, […]
