Wall Street is expecting the Dow Jones Industrial Average to surpass 40,000 under the Biden administration, and President Biden may take credit for the stock market rally as a sign of confidence in the US economy.
Coinbase, the largest US cryptocurrency exchange, triggered a sell rule after its stock failed to break out, despite strong earnings growth.
Major cryptocurrencies like Bitcoin and Ethereum are trading relatively flat as the broader market settles, while AI-linked tokens are still going strong, fueled by increased investor interest in the AI industry. Bitcoin's position below its EMA10 mark raises concerns about a potential correction, while Ethereum's market dynamics indicate a potential shift in its dominant bullish trend.
President Biden is using the current strength of the stock market to boost his image and convince voters that the economy is performing well under his leadership, despite his low approval ratings and concerns about inflation. However, there are risks to bragging about the stock market, as it can be volatile and unpredictable.
Investor excitement over artificial intelligence reached a new peak as chipmaker Nvidia's strong earnings drove stock markets to record highs, raising concerns about unsustainable market exuberance and potential risks.
The possibility of a strong selloff in long-term U.S. government debt is becoming a new risk in financial markets as growing investor optimism and strong economic data raise expectations for higher Treasury yields.
The dominance of the "Magnificent Seven" tech giants in the stock market is causing concern among experts, who warn investors of the risk of a recession. These seven companies, Microsoft, Apple, Nvidia, Amazon, Alphabet, Meta, and Tesla, collectively represent a quarter of the entire US stock market and are valued at over $13 trillion. There are worries that the market is underestimating the possibility of a recession, with indicators pointing towards a potential economic downturn.
The venture capital market in 2023 experienced a significant decline, with global and US markets reaching their lowest levels in six and ten years respectively, making it challenging for startups to raise capital.
The S&P 500 equal-weighted index, which includes all stocks with an equal weight, is approaching record highs, indicating a broadening market rally beyond the dominant tech stocks, according to LPL Financial.
Overseas markets, including Hong Kong, Moscow, Turkiye, and Dubai, are betting on hosting corporate meetings and events as corporate travel resumes in India after the pandemic, with countries aiming to attract Indian businesses and double their numbers from India.
Fox News offers live streaming of its TV shows and provides coverage of various topics, including politics and current events, with shows hosted by Sean Hannity and Greg Gutfeld among others.
The global automotive engine oil market is projected to reach US$ 64.8 billion by the end of 2031, with the growth driven by changing consumer behavior, technological advancements, and increasing emphasis on sustainability.
Fox News offers live shows, topics, and the ability to comment on videos, and it also provides a live stream of its TV channel, with an emphasis on reducing eye strain and focusing on meaningful content.
A recession is expected to occur in 2024 and even a mild economic slowdown could lead to a significant stock crash of up to 40%, according to Paul Dietrich, chief investment strategist of B. Riley. The market is currently overvalued, reminiscent of the dot-com era, making it vulnerable to a potential downturn.
Walmart investors are preparing for a stock split, the company's first 3-for-1 split, in an effort to make shares more affordable for employees amid a series of employee-friendly initiatives including stock grants and higher base pay rates.
Stocks open higher on Wall Street, led by technology stocks, as Nvidia reports strong demand for semiconductors.
The global squalene market is projected to reach USD 258.51 million by 2030, with a CAGR of 6.8%, driven by increasing demand in the cosmetics and personal care industry for its moisturizing and anti-aging properties, as well as its applications in pharmaceuticals, nutraceuticals, and vaccines.
The global power grid market is projected to reach a valuation of US$ 300 billion by 2024, driven by the increasing adoption of renewable energy and the need for reliable infrastructure in industries such as manufacturing and healthcare.
Stock futures pause after a rally driven by Nvidia's strong earnings, Reddit plans to offer its site moderators and active users the opportunity to purchase shares at IPO price, and Warner Bros. Discovery shares decline due to missed revenue estimates and the long-term impact of Hollywood strikes.
The global silicone Foley Catheter market is projected to reach USD 2.73 billion by 2030, with a CAGR of 5.81% in the forecast period, driven by the increasing incidence of urinary tract conditions and the shift towards silicone catheters for better patient comfort and reduced complications.
Crude oil prices are rising due to concerns over tightening supply, with traders closely watching for a potential breakout above a key level, indicating bullish sentiment in the market. The increasing premium of spot prices over near-date futures signals a strong demand outlook, and the recovery of US refineries is enhancing demand.
The global automotive green tires market is expected to reach a valuation of $25 billion by 2034, with a steady CAGR of 4.5% between 2024 and 2034, driven by rising consumer awareness and demand for eco-friendly products.
The Dow Jones Industrial Average rose in morning trading on Friday following Thursday's market rally, led by Nvidia, which reached record highs.
Metro Phoenix’s housing market was lackluster in January, but home prices and sales are expected to rebound in February, with the median home price climbing to $440,000 and sales projected to exceed 5,500.
The US market is set to be flooded with used electric vehicles (EVs) as rental-car giant Hertz plans to sell 20,000 Teslas, offering consumers a chance to buy EVs at a steep discount and potentially sparking a surge in EV sales.
Retail investors are increasingly optimistic about the stock market, with 53% of respondents to the Charles Schwab Trader Sentiment Survey reporting a bullish outlook on US stocks, marking the highest level of optimism since the survey began in 2021.
Asian and European markets are mixed after a global tech rally, with some regions experiencing gains while others face macroeconomic concerns.
The global Carbon Footprint Management market is projected to reach $33 billion by 2030 with a compound annual growth rate of 14%, driven by the increasing demand for sustainable and environmentally responsible practices.
The crypto market is gaining momentum and preparing for another bull market run, making it an opportune time to increase crypto exposure by investing in Bitcoin and Ethereum, two of the most valued and dominant cryptocurrencies with proven track records in the market.
The article recommends investing in Bitcoin and Ethereum as the crypto market enters a bull market, highlighting their dominance, track record, and importance in the digital economy and decentralized finance sector.
The Canadian security services market is experiencing consistent growth, driven by evolving security concerns and the need for adaptable solutions to protect businesses, individuals, and critical infrastructure, with a projected market value of US$9,357.2 million by 2032.
The global spinal implant market is projected to reach $16.7 billion by 2031, with a CAGR of 5.2% from 2023 to 2031, driven by the increased demand for spinal implants designed for less invasive procedures and the preference for titanium implants due to their biocompatibility and corrosion resistance.
Roku and Docebo, two growth stocks, have received bullish price targets from Morgan Stanley analysts due to their potential for future growth and attractive valuations, making them worth considering for investors.
The global phosphatic fertilizer market is fragmented, with the top five companies occupying 30.22% market share, and the major players include Eurochem, IFFCO, K+S AKTIENGESELLSCHAFT, Koch Industries, and Nutrien Limited.
The European Satellite Spectrum Monitoring Market is projected to experience exponential growth, reaching $2.05 billion by 2033, driven by the increasing demand for satellite-based communication systems and advancements in spectrum monitoring technology.
Former Treasury Secretary Larry Summers warns that the markets may not be fully accounting for political and social risks, despite the ongoing market rally and gains in Nvidia's stock.
The European stock market opens slightly lower with the focus on the Ifo index, which measures sentiment among German businesses, and speeches by central bankers.
According to Tom McClellan, editor of The McClellan Market Report, movements in crude-oil prices tend to show up as stock price movements about 10 years later, indicating a potential steep stock market decline between June 2024 and January 2026.
The housing market is starting to thaw as existing home sales increase and the inventory of unsold homes expands, offering more options to buyers and potentially preventing overheating; experts predict a "new normal" where inventory remains scarce but demand is not as overwhelming as in previous years.
Asian markets were mostly higher on Friday after Nvidia's impressive performance, which led to a rally in other technology companies, while Wall Street reached another record high.
The global banking cyber security market is expected to reach around USD 285.4 billion by 2032, with a compound annual growth rate of 15.2% between 2023 and 2032, driven by the increasing demand for advanced security measures to protect sensitive data and combat cyber threats in the financial sector.
Standard Chartered, the London-based bank with a focus on emerging markets, has reported an 18% increase in profit for 2023, beating market estimates, driven by higher interest income and a boom in wealth management, and has launched a $1 billion share buy-back. The bank reiterated its positive view on Hong Kong, its largest market, and expressed confidence in the city's growth potential.
India's key benchmark indices, the Sensex 30 and Nifty 50, opened marginally higher on Friday after a solid comeback the previous day, with the upside capped due to mixed trading in Asian stock markets and negative Chinese indices.
Asian shares climb following record highs in Japanese, US, and European markets driven by demand for AI-powered chips.
Hong Kong stocks retreat as traders lock up gains from 3-week market rally, while Shanghai stocks continue their winning streak; tech stocks decline, but property developers see gains.
The global brine concentration minerals market is projected to reach USD 1.7 billion by 2029, with a CAGR of 8.1% driven by the growing demand for lithium-ion batteries and sustainable practices in industries such as automotive and construction.
Chinese stocks rise for the ninth consecutive session as investors digest property prices data, while Asia-Pacific markets show mixed results.
Social media platform Reddit is going public despite its lack of profitability, risking potential challenges from public investors and the current slow IPO market.
Oil markets have been slow to respond to tightening fundamentals due to potential headwinds, such as high inventory levels in Europe, while natural gas markets are expected to remain depressed due to high inventory levels.
Specialty medical device maker Nevro reported better-than-expected fourth-quarter earnings and attributed the improvements to strategic measures and the acquisition of Vyrsa Technologies, while its stock price dipped marginally.