MicroPixieStock Morgan Stanley chief U.S. equity strategist Mike Wilson said that a 10% stock market correction is highly likely, following macro factors including the U.S. presidential election, corporate earnings, and economic policy. “Sometime between now and the election” in November, markets might see a 10% correction, as companies are losingContinue Reading
Ralf Hahn The holiday-shortened trading week fared better for electric vehicle makers NIO (NYSE:NIO), Li Auto (NASDAQ:LI), and XPeng (NYSE:XPEV), compared to the broader market, as the Chinese start-ups posted double-digit growth in sales numbers for June. For the week, NIO, Li Auto, and XPeng rose 11.06%, 14.43%, 8.05%, respectively,Continue Reading
Investing.com – EOS was trading at $0.4905 by 04:07 (08:07 GMT) on the Investing.com Index on Saturday, up 10.20% on the day. It was the largest one-day percentage gain since March 7. The move upwards pushed EOS’s market cap up to $736.4669M, or 0.04% of the total cryptocurrency market cap.Continue Reading
Investors’ pessimism about the short-term outlook for the stock market decreased this week, as recent economic data stoked hopes of interest rate cuts. A total of 26.1% of respondents of the American Association of Individual Investors, or AAII Sentiment survey, said they think the market will trend down in theContinue Reading
RiverNorthPhotography GameStop Corp. (NYSE:GME) rose 3.69% in Tuesday afternoon action on trading volume above the normal average for the year. In legal news, plaintiff Martin Radev dropped a lawsuit suit filed against Keith Gill (Roaring Kitty) that alleged a pump and dump scheme with GameStop (GME) stock. Attorneys for RadevContinue Reading
Austin, United States, July 2nd, 2024, Chainwire Ethos plans to extend Ethereum’s existing validation functionality to confirm a user’s credibility on-chain, something Ethos calls “social validation” Ethos, the decentralized social (DeSo) application bringing reputation and credibility on-chain, today announces the close of its $1.75M funding round led by a collectiveContinue Reading
Stock index futures traded in the red on Tuesday, a day after the markets ended the first trading session of H2 in green, while traders await Federal Reserve Chairman Jerome Powell’s speech set to take place right at the opening bell. S&P 500 futures (SPX) -0.4%, Nasdaq 100 futures (US100:IND)Continue Reading
San Francisco, United States, July 1st, 2024, Chainwire Nubila, a leading data oracle specializing in accurate and actionable Environmental, Social, and Governance (ESG) data for the Decentralized Physical Infrastructure Network (DePIN) ecosystem, has kicked off its fundraising round. The on-going round is led by IoTeX and VeChain + Boston ConsultingContinue Reading
belterz/E+ via Getty Images London (UKX) +0.39% Germany (DAX:IND) +0.44% Germany June final manufacturing PMI 43.5 vs 43.4 prelim. France (CAC:IND) +2.01% France June final manufacturing PMI 45.4 vs. 45.3 prelim. Spain’s manufacturing activity dips to 52.30 points in June. The Swiss Manufacturing PMI came in at 43.9 in JuneContinue Reading
THEPALMER/E+ via Getty Images This year’s North Atlantic hurricane season is anticipated to be highly active, potentially bolstering pricing across various lines of property-casualty insurance and reinsurance, thereby catalyzing certain underwriters’ stocks, CFRA wrote in a recent note. Colorado State University’s Department of Atmospheric Science is predicting a “very active”Continue Reading
