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Stocks

“Nvidia Stock Just Dropped More Than 18% In 15 Days. Should Investors Be Worried?” [Jul 31, 2024]

“…So what gives? Should investors be worried? In short, probably not. Stocks naturally retreat after big gains. It’s to be expected; in fact, it’s healthy. Yes, 18% is a lot, many stocks move less over the course of a year,… Continue Reading…

Stocks

“GameStop stock surges over 70%—but investors should still be wary of ‘meme stocks’”

“And in 2024, it appears that meme stocks are rallying again. On Monday, GameStop’s share price soared by around 70% throughout the day and trading was paused multiple times due to volatility. On top of that, short sellers lost $1 billion due… Continue Reading…

Stocks

“Don’t Sit On Losses: How This Simple Rule Spared Investors From Meta’s 77% Crash”

“Sitting on losses is never a good strategy because those losses can pile very quickly. Even strong stocks can dive and give up all gains from a buy point in a single session. That is why watching for sell signals… Continue Reading…

Economy

“Taxes, Tariffs and Debt: Investors Start to Fear the Presidential Election”

“Financial adviser Matthew Wilson recently got a frantic email: A client wanted to dump their stockholdings as soon as possible.  The reason? Stocks had staged a big run-up in recent months, and the client was worried that the market was about to get rocky… Continue Reading…

Business

[Soccer] “Tottenham reports record $691M revenues and says it’s ‘in discussions with prospective investors'”

“Tottenham recorded a 24% increase in total revenues for 2022-23 to reach a record 549.6 million pounds ($691 million) and said it was “in discussions with prospective investors.”… However, operating expenses including first-team costs rose by 21% to 487.9 million… Continue Reading…

Banking, Economy

“Investors overly optimistic on speed, cost of taming inflation, says IMF”

“The world’s top central banks may need longer to get inflation back down to target and a fresh bout of financial turbulence could make the process even more protracted, the International Monetary Fund’s second-in-command said on Monday. Central banks have… Continue Reading…

Stocks

“Nintendo carries out 10-for-1 stock split to lure new investors to the Japanese gaming giant”

“Nintendo carried out its previously announced 10-for-1 stock split on Thursday aimed at reducing the price of one individual share to attract new investors to the more than century old Japanese gaming giant. Prices for Nintendo’s stock reflected the split on the Japanese… Continue Reading…

Business, Stocks

“Pharma stocks crater as investors brace for billions in heartburn drug litigation charges”

“Shares of GlaxoSmithKline, Sanofi and Haleon all sold off sharply this week, shedding tens of billions in market value, amid investor fear over potential U.S. litigation charges focused on popular heartburn drug Zantac. This has been a known issue bubbling in the background for years… Continue Reading…

Cryptocurrencies

“Fake crypto apps have stolen over $42 million from investors in under a year…”

“The FBI says 244 investors in under a year have been scammed out of around $42.7 million through fraudulent mobile applications that claim to be legitimate cryptocurrency investment platforms. According to a new warning from the FBI, cyber criminals are attempting to… Continue Reading…

Economy, Stocks

“…Stock futures flat as investors monitor Russia-Ukraine tensions”

“U.S. stock futures bounced back from overnight lows Tuesday morning but remained below the flatline to start the holiday-shortened week as investors continued to monitor tensions between Russia and Ukraine and await the Kremlin’s next move. Futures on all three major indexes… Continue Reading…