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Solid earnings, low interest rates pushed global stocks to record in 2021
Image Source: https://unsplash.com/photos/dAmHWsRYP9c A confluence of positive factors continued to favor global stocks last year, pushing most major indices to new all-time highs. It’s the second consecutive year of strong gains, as hard assets outperform cash by...
Are Commission-free Trading Apps Actually Feeless?
Photo by cottonbro from Pexels Currently, commission-free trading apps are increasing at a higher rate. Commission-free apps may look attractive as they lower your overall trading costs as an investor or trader. Undoubtedly, most people sign up to these...
Bitcoin Wallet Strategies for Beginners
If you've been following the news lately, you've probably heard how people have been making millions from trading or investing in crypto coins. Finally, you too can join the bandwagon. At least everyone is now sure that crypto coins aren't or rather weren't a Ponzi...
Investment Outlook For 2021
In 2020, the global trend of investing in certain companies has switched to investment in economic sectors in general. This means that people got worried about the risk of bankruptcy and started splitting their funds between several destinations relying more on...
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Anthropic moving forward with $2 trillion IPO on Nasdaq
Anthropic is pursuing a $2 trillion IPO on Nasdaq with Nvidia reportedly planning a $10 billion contribution, as the company projects revenue exceeding $30 trillion in potential opportunity.
U.S. Strategic Petroleum Reserve hits lowest level since 1982
The U.S. Strategic Petroleum Reserve dropped to 285.4 million barrels as of early September, marking its lowest level since November 1982, according to Energy Information Administration data.
J.B. Hunt stock plunges 13% after company warns third-quarter earnings will fall
J.B. Hunt shares fell 13% after the trucking company projected third-quarter earnings would decline 5% to 10% due to elevated recruitment and fuel costs.
As the U.S.-Iran war heats up again, these parts of the stock market and economy could be affected
Escalating U.S.-Iran military operations have prompted Wall Street to reassess potential economic impacts, particularly regarding energy prices and their effects on consumers and corporate earnings.
Haidilao shares jump as delivery growth and new restaurant brands boost outlook
Haidilao shares rose 7% after first-half results showed delivery revenue more than doubled to 2.05 billion yuan, while total revenue climbed 7.9% to 22.34 billion yuan.
Morning Bid: A time to hike?
The Federal Reserve is expected to announce a quarter-point rate hike, its first since 2023, amid elevated oil prices and Treasury yields breaching 5% amid resurgent inflation concerns.
Corporate Tax Payments Plunge 25% Even as Profits Boom
Corporate tax payments fell 25% in the first 11 months of the fiscal year despite rising corporate profits, largely due to tax incentives included in Republican legislation passed in 2025.
Dell Seeks $4 Billion as AI Boom Fuels Growth and Debt Management
Dell Technologies is raising approximately $4 billion through a bond sale to refinance debt, capitalizing on strong AI infrastructure demand that has boosted its revenue forecasts.
US stocks slip after oil prices and the bond market crank up the pressure
U.S. stock indexes declined as rising Treasury yields and elevated oil prices weighed on investor sentiment, with the S&P 500 falling 0.4% and the Nasdaq composite sinking 0.8%.
Borr Drilling to sell 51% stake in Perfomex to Mexican partner
Borr Drilling agreed to sell its 51% stake in Mexican joint venture Perfomex to local partners, fully exiting the investment while maintaining ownership of three jack-up rigs through bareboat charter agreements.
Salesforce stock jumps 18% on AI growth and Anthropic investment gain
Salesforce shares surged 18% after the cloud software company reported second-quarter results and full-year guidance that exceeded analyst expectations, boosted by a $2.6 billion gain from its Anthropic investment stake.
Okta pops 20% after topping estimates as AI threat spikes demand for identity security
Okta shares surged 20% after the identity software provider exceeded fiscal second-quarter estimates, driven by strong demand for AI security tools and identity management solutions.