Goldman Sachs (GS) CEO David Solomon said Monday that the prospect of a recession “has increased” amid the uncertainties of a trade war and the new challenges facing CEOs who are unsure about how to plan for the future. Solomon made his comments to analysts after releasing first quarter results showing market trading volatility helped…
EL PASO, Texas (KFOX14/CBS4) — President Trump’s recent reversal on global tariffs has led to a significant upswing in the stock market, with the Dow Jones Industrial Average climbing nearly 3,000 points. Financial advisor Ruben Guerra, founder of Guerra Registered Advisors, described the current market climate as “hysteria” and “a reaction,” rather than a fundamental…
Stock markets continue to fuel global economic foreboding following President Donald Trump’s sweeping tariffs on the United States’ trading partners. All eyes yesterday were on mainland and Hong Kong markets that had been closed for a long weekend since Trump’s announcement. The Hang Seng Index closed down 3,021 points or 13.22 per cent, the biggest…
On Thursday, the MPF reported a HK$34.8 billion investment return in the first quarter, according to data from MPF Ratings, an independent research firm. The MPF’s 379 constituent funds generated an average return of 2.7 per cent in the first quarter, the best performance since a 4.1 per cent gain in the first quarter of…
We recently published a list of 12 Popular Penny Stocks on Robinhood to Watch. In this article, we are going to take a look at where MicroAlgo Inc. (NASDAQ:MLGO) stands against other popular penny stocks on Robinhood to watch. The stock market is navigating a complex landscape influenced by geopolitical tensions, trade policies, and shifting…
Recessions are a part of the economic cycle, occurring with the predictability of market fluctuations over time. Since 1950, the U.S. has weathered 11 recessions, proving time and again that downturns aren’t a question of if but when. What’s clear from the recent stock market plunge is that investors are uneasy. After a surprisingly strong…
(Bloomberg) — The costs of borrowing Turkish lira in the offshore market and insuring the country’s debt against default are holding near the levels they set last week, a sign that traders remain deeply on edge after a wild period for the market. The lira dipped against the dollar. Most Read from Bloomberg The offshore…
Nvidia’s (NVDA) earnings will be a critical test for the AI trade following the stock’s sluggish start to the year. But even if the chip giant beats Wall Street’s lofty expectations, it doesn’t guarantee the stock will regain its lost momentum. In fact, the road ahead is likely to be bumpy as concerns surrounding China’s…
(Bloomberg) — Asian stocks pulled back after a five-day rally that pushed a regional gauge into overbought territory, as investors turned cautious amid increasing trade tensions and geopolitical uncertainty. Hong Kong technology stocks were an outlier. The MSCI Asia Pacific Index dropped as much as 0.6% with stocks in Hong Kong and Japan declining after…
We recently compiled a list of the 12 Best Multibagger Penny Stocks to Buy Now. In this article, we are going to take a look at where KULR Technology Group, Inc. (NYSE:KULR) stands against the other stocks. Investors in the United States and abroad are girding themselves for a turbulent week amid a looming tariff war….