IPO Revival In 2024: Plaid, Chime, And Kim Kardashian’s Skims Among Potential Market Movers
Market for IPOs expected to rebound in 2024 after inflation & interest rate rise hit new listings in 2022-23. 2023 saw 50% decrease in IPOs globally.
Bill Ackman Gains Over $600M On Handful Of Stock Bets, Enters Top-Earning Hedge Fund Managers
Bill Ackman of Pershing Square earned $610 million and ranked No. 7 on Bloomberg's list of highest-paid hedge fund founders in 2023.
EV Battery Metal Market Faces Downturn As Prices Plummet: What’s Next For The Industry?
The EV industry is facing a major shift as lithium and nickel producers pause projects and shut down mines due to plummeting commodity prices, impacting investment and slowing growth.
China’s Hainan Province Eases Mortgage Rules To Revive Home Sales: ‘Housing Bottom Not In Sight,’ Analyst Says
China's Hainan province reduces down payment for first-time homebuyers to 20%, aiming to stabilize slumping housing market. Goldman Sachs predicts prolonged downturn.
Subway Rival Enjoys Spike In Popularity, Plus: Potbelly’s Tasty Stock Performance
Placer.ai, the business location analytics company, examined the rising success of sub franchises like Jersey Mike's and its 'affluent suburb' patrons.
Bitcoin Hits $1-Trillion Value, Nvidia Outweighs Google And Amazon, Hot Inflation Pauses Stock Gains: This Week In The Markets
Bitcoin (CRYPTO: BTC) surged past $50,000 this week, catapulting to a $1-trillion market valuation just a month after the Securities and Exchange Commission granted approval for the first spot Bitcoin exchange-traded fund.
S&P 500, Nasdaq 100 Snap 5-Week Streak As Hot Inflation Prints Dent Tech Stocks
S&P 500 and Nasdaq 100 ended 5-week winning streak due to higher than expected inflation reports, raising concerns about Fed rate cuts. Treasury yields rose, impacting markets negatively. Tech, consumer discretionary, and real estate sectors were affected. Major indices and ETFs saw mixed performance this week, with energy and materials sectors performing the best while technology sector saw a decline.
Bitcoin, Ethereum Form Bull Flags As Dogecoin Slides In An Uptrend: A Look At The Cryptos Into The Weekend
Bitcoin (CRYPTO: BTC) was consolidating during Friday’s trading session after reaching a high of $52,890 on Thursday –a level the apex crypto hasn’t traded at since Nov. 10, 2021.
Tech Stocks Ease On Hot PPI, Yields Rise, Microsoft, Amazon Snap 5-Week Positive Streak: What’s Driving Markets Friday?
Wall Street takes pause after stronger-than-expected producer inflation report, potentially delaying Fed rate cuts and impacting major indices and stocks.
Tesla Drops After Missed Earnings, Why Is Cathie Wood Gobbling Up Shares?
Tesla Slides It’s been a rough year for Tesla (NASDAQ:TSLA). As other members of the so-called magnificent 7…