U.S. stock markets opened higher on Tuesday, continuing the gains seen in the previous session, as investors reacted to President Donald Trump’s series of executive orders and awaited a slew of important corporate earnings reports scheduled for release this week. Global market sentiment wavered following Trump’s inauguration on Monday. Initial relief that his executive orders […]
Today’s Stocks to Watch: MicroStrategy and Trump Media
Key Points To Watch Out For: MicroStrategy (MSTR): Hit by Backlash Against Cryptocurrencies MicroStrategy shares suffered a decline after former President Trump’s inaugural address omitted any mention of cryptocurrencies. This omission led to a selloff in the cryptocurrency market, adversely affecting the company known for its significant Bitcoin holdings. In premarket trading, the stock displayed […]
Today’s Stocks to Watch: BlackRock and Goldman Sachs
Key Points To Watch Out For: BlackRock (BLK): Record Investments and Strong Revenues BlackRock, the world’s largest asset manager, ended the fourth quarter with an all-time high of $11.6 trillion in assets under management. The company also exceeded revenue forecasts, propelling its shares higher in early pre-market trading. This achievement underscores the effectiveness of its […]
Today’s Stocks to Watch: MicroStrategy, KB Home, and Angi
Key Points To Watch Out For: MicroStrategy (MSTR): Bitcoin-Driven Recovery MicroStrategy led market rallies, propelled by Bitcoin’s recent price surge. Known for its substantial cryptocurrency holdings, the company saw its shares appreciate even before the market opened. This rise reflects investor optimism about how the Bitcoin rally may positively impact MicroStrategy’s balance sheet, particularly amid […]
Today’s Stocks to Watch: Nvidia, Tesla, and U.S. Steel
Key Points To Watch Out For: Nvidia (NVDA), Tesla (TSLA), MicroStrategy (MSTR): Impact of Rising Bond Yields The rally in bond yields is placing pressure on high-value technology stocks, including Nvidia and Tesla, which are seeing pre-market declines. Speculative assets such as MicroStrategy, known for its significant Bitcoin holdings, are also feeling the strain. Investors […]
Today’s Stocks to Watch: Moderna, Nvidia, and Plug Power
Key Points To Watch Out For: Cal-Maine Foods (CALM): Profits Boosted by Price Hike Cal-Maine Foods, the largest U.S. egg producer, saw a 4% increase in after-market trading following better-than-expected quarterly earnings. This performance was driven by elevated egg prices due to the avian flu outbreak, which significantly reduced the poultry population. The company’s resilience […]
U.S. Stock Futures Rally on Rate Concerns, Exxon Mobil Suffers on Earnings
U.S. stock index futures rose on Wednesday, recovering from significant losses driven by increased uncertainty surrounding the Federal Reserve’s pace of future interest rate cuts. Dow Jones futures climbed about 135 points, or 0.3%, S&P 500 futures gained 20 points, or 0.4%, and Nasdaq 100 futures added 87 points, or approximately 0.4%. On Tuesday, Wall […]
U.S. Stocks Trade Higher, Nvidia and Employment Data Take Center Stage
U.S. stocks rose on Tuesday, extending a rally in technology stocks as investors awaited crucial economic data. In Tuesday trading, the Dow Jones Industrial Average was up nearly 100 points, or 0.2%, the S&P 500 Index was up nearly 23 points, or 0.4%, and the NASDAQ Composite was up 65 points, or 0.3%. Wall Street […]
Today’s Stocks to Watch: Foxconn, Nvidia, and Plug Power
Key Points To Watch Out For: Nvidia (NVDA) Fuels Tech Sector Momentum Nvidia CEO Jensen Huang unveiled a suite of new artificial intelligence products at a technology event in Las Vegas, drawing significant market attention. The announcement pushed Nvidia shares up by 1% in pre-market trading, extending Monday’s bullish streak. Nvidia continues to solidify its […]
Today’s Stocks to Watch: Foxconn, Nvidia, and Plug Power
Key Points To Watch Out For: Foxconn (TW:2317): Dominating in AI Technology Foxconn, officially known as Hon Hai Precision Industry, achieved record-breaking quarterly revenues, propelled by surging demand for servers that power artificial intelligence (AI) technologies. These results underscore the transformative impact of technological advancements on global supply chains. Foxconn shares gained 2% following the […]