Stock Market

Why Are Stock Futures Slipping After Record Rally?
Markets Why Are Stock Futures Slipping After Record Rally?

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

Short Sellers Earn $5.6B as AI Tech Stocks Tumble
Markets Short Sellers Earn $5.6B as AI Tech Stocks Tumble

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

How Did Hong Kong Exchange Achieve Record Profits in Q2?
Markets How Did Hong Kong Exchange Achieve Record Profits in Q2?

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

Why Are Dow and S&P 500 Slipping Amid Fed Uncertainty?
Markets Why Are Dow and S&P 500 Slipping Amid Fed Uncertainty?

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

Stock Markets Pause as High PPI Data Dampens Rate-Cut Hopes
Markets Stock Markets Pause as High PPI Data Dampens Rate-Cut Hopes

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

Can SoFi Sustain Its Rally with Crypto and Rate Cuts?
Markets Can SoFi Sustain Its Rally with Crypto and Rate Cuts?

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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