Econ #s Archives - Page 16 of 61

2 minute read

Israel Strikes Iranian Air Base: Tehran Downplays Attack As Blinken Calls For Calm; Oil Prices Stabilize After Initial Spike

April 19, 9:26 AM

Israel launched a targeted airstrike near an Iranian military airbase overnight, as a retaliatory act to Iran’s aerial attacks that occurred less than a week ago.

BTC

3 minute read

Small Group Of Hedge Funds Wields Dominance In US Treasury Market: ‘A Concentration Of Vulnerability Has Built Up,’ IMF Warns

By Piero Cingari

April 18, 4:57 PM

The IMF is concerned about highly-leveraged hedge funds dominating the U.S. Treasury futures market, which could lead to systemic threats and instability in the global economy.

EDV

2 minute read

Stocks Edge Higher As Earnings Provide Support, Tesla Sinks To 15-Month Lows, Bitcoin Rebounds: What’s Driving Markets Thursday?

By Piero Cingari

April 18, 1:11 PM

Stocks surged higher on Thursday, with the S&P 500 index aiming to snap a four-day losing streak as investors assess the latest wave of corporate earnings.

ALK

3 minute read

US Intensifies Economic Pressure On Iran In Response To Attack On Israel: ‘We Will Continue To Deploy Our Sanctions Authority,’ Yellen Says

By Piero Cingari

April 18, 10:57 AM

The U.S. Treasury expands sanctions targeting Iran's UAV capabilities, steel industry, and automaker Bahman Group subsidiaries. Janet Yellen emphasizes strategic use of economic restrictions to counter destabilizing activities and support for terrorism. Market reactions show minimal impact on oil prices.

GLD

3 minute read

Tesla’s Autonomous Driving Efforts Win Praise From Goldman Sachs: Wall Street Firm Projects Long-Term Growth From Robotaxi Services

By Piero Cingari

April 18, 9:31 AM

Goldman Sachs recognizes Tesla's potential for growth in autonomy and ADAS. Delaney notes challenges but sets $175 target, potential $220-$300 upside and $55-$75 downside.

TSLA

3 minute read

Most S&P 500 Stocks No Longer Trade Above 50-Day Average: Healthy Pullback Or Is The Bull Market Over?

By Piero Cingari

April 17, 4:51 PM

For the first time since early November 2023, less than 30% of S&P 500 stocks are trading above their 50-day moving average

SPY

2 minute read

Stocks Fall As Geopolitics, Economic Worries Spook Investors, Chipmakers Sell Off, Bitcoin Tumbles To $60,000: What’s Driving Markets Wednesday?

By Piero Cingari

April 17, 2:09 PM

A sentiment of risk aversion looms over the markets during Wednesday’s trading session, triggering midday losses across the board in stocks and cryptocurrencies and prompting a flight towards bonds, as investor confidence remains dampened by geopolitical and economic risks.