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….
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 New Gold, Inc. (NYSE:NGD) stands against the other stocks. Investors in the United States and abroad are girding themselves for a turbulent week amid a looming tariff war. President…
(Bloomberg) — Amazon.com Inc founder Jeff Bezos’ $10-billion Earth Fund has ended its support for the Science Based Targets initiative, the main verifier of corporate climate targets, the Financial Times reported. The billionaire’s philanthropic entity has halted backing for the group following complaints by SBTi staff about its influence, the report said. It’s also seen…
JPMorgan Private Bank US Equity Strategist Abby Yoder joins Morning Brief to discuss market reactions (^DJI, ^IXIC, ^GSPC) coming off of Monday’s sell-off fueled by the release of DeepSeek’s new cost-effective AI chatbot. Yoder reflects that while the S&P 500 (^GSPC) experienced minimal volatility in 2024, current market pressures from DeepSeek’s emergence were unexpected. “We…
Whenever interest rates climb, so do calls to unpeg the Hong Kong dollar from the US currency. With US interest rates elevated and the Hong Kong dollar hitting a 3½-year high against the American dollar earlier this month, the debate has flared up again. Some argue that the dollar peg limits Hong Kong’s monetary flexibility…
Deliveries of pure electric and plug-in hybrid cars across mainland China plummeted 50 per cent to 206,000 units in the first 12 days of the year compared with the same period in December, according to the China Passenger Car Association (CPCA). The sharp decline follows a 42 per cent surge in sales last year, making…