Just last week, the U.S. stock market delivered a stunning performance, with the Dow Jones Industrial Average skyrocketing by over 800 points to a record high of 45,631.74, the S&P 500 gaining a robust 1.5% and nearing its own peak, and the Nasdaq Composite surging an impressive 1.9% in a display
In a stunning turn of events, short sellers have reaped massive profits as the once-booming artificial intelligence (AI) sector faces a sharp downturn, raising serious questions about the sustainability of the tech industry's latest darling. Over just two trading sessions, these investors, who bet
In a remarkable turn of events, Hong Kong Exchanges and Clearing Ltd. (HKEX) has emerged as a powerhouse in the global financial landscape, posting an unprecedented profit of HK$4.44 billion, equivalent to roughly $570 million, during the second quarter. This staggering 41% increase from the
In a climate of economic ambiguity, the U.S. stock market is experiencing noticeable turbulence, with the Dow Jones Industrial Average (DJIA) and the S&P 500 registering slight declines that have left investors on edge. On a recent trading day, both indices barely moved, with the Dow slipping by
The U.S. stock market encountered a significant stumbling block on August 14, as major indices such as the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite halted their recent upward momentum in response to unsettling economic news. An unexpectedly high Producer Price Index (PPI) report
In a striking display of market momentum, SoFi Technologies has seen its stock price skyrocket from below $10 in April to nearly $24 in recent trading sessions, marking an extraordinary 150% gain in a short span. This fintech leader has caught the attention of investors with its strategic moves and
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