Bank of America commented on Nvidia’s stock, noting its remarkable surge has triggered emotions of both “fear and greed. It is projected by Vivek Arya from Bank of America that Nvidia’s stock may experience a decrease of up to 11% subsequent to its earnings. Nevertheless, this fluctuation is foreseen as transient, primarily attributed to excessive … Read more
2024 The 20 Best and Cheapest SUVs. Breaking news: SUVs remain incredibly popular. However, with skyrocketing prices for new vehicles, finding affordable options can be tricky. Nevertheless, there are still some new SUVs available at around $24,000 on average, which is roughly half the cost of a typical new car. Here’s the latest: Hyundai and … Read more
Stocks in Asia declined on Wednesday due to the release of higher-than-expected US inflation data. This raised concerns among investors that interest rates could remain elevated for a longer period. Market watchers in the region were closely monitoring Indonesia’s presidential election. Indonesia, being one of Southeast Asia’s largest economies, is a crucial supplier of strategic … Read more
Tiger Woods has launched a brand named “Sunday Red,” inspired by his iconic Sunday outfit on the golf course. Tiger Woods is ushering in the new year with a revamped image. He’s teaming up with TaylorMade Golf to introduce a lifestyle brand named Sun Day Red. After Tiger Woods and Nike ended their 27-year relationship, … Read more
Bitcoin climbed above $50,000 on Monday, marking its highest point since December 2021. Analysts believe it could continue rising to $52,000. Bitcoin (BTC) surpassed $50,000 on Monday for the first time in over two years, driven by strong exchange-traded fund (ETF) inflows last week and increasing interest from institutional investors. Earlier today, the largest cryptocurrency … Read more
Meta‘s “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging. Meta had a stellar year, with profits soaring to $14 billion in the last quarter of 2023, more than doubling compared to the previous year. Their sales also saw a significant increase, jumping by … Read more
Tesla Inc. faced a notable decline in its stock value after Elon Musk’s attempt to persuade investors to overlook slower sales growth didn’t resonate positively with the market. The stock saw a considerable 9.2% decline in early trading on Thursday as Tesla narrowly missed its earnings estimates. Additionally, the company warned that its growth for … Read more
Venmo, Zelle, and Cash App are under scrutiny from Manhattan District Attorney Alvin Bragg due to concerns about user vulnerability to fraud. Peer-to-peer payment services are now dealing with an estimated $1 trillion in payments, and the district attorney has noted a rise in frauds and scams as more people use these services. Manhattan District … Read more
Spirit Airlines is witnessing a surge in its stock prices despite the looming risk of bankruptcy and the decision to block the JetBlue merger. Spirit Airlines (SAVE) experienced a surge in its stock prices on Friday following reports that the airline is urging JetBlue (JBLU) to appeal a decision that nullified their $3.8 billion merger. … Read more
Social Security beneficiaries can rely on receiving their checks even with the government shutdown deadline approaching. This assurance brings relief to those depending on Social Security payments, indicating that essential services for beneficiaries will continue uninterrupted despite the looming deadline. Congress is taking steps to prevent a government shutdown by agreeing on spending. This … Read more
