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Stocks

“Apple Signal of AI Intent Unleashes $112 Billion Stock Surge”

April 17, 2024

“…Apple’s decision to overhaul its Mac computer line to focus on artificial intelligence, as reported by Bloomberg, struck a chord with investors, sending the stock up 4.3% and adding $112 billion in value in its best performance in nearly a… Continue Reading…

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Stocks

“Chinese Cement Maker Halted After 99% Crash in 15 Minutes”

April 12, 2024

“…Based in the central Henan province, Tianrui’s stock plunged 99% to about HK$0.05 Tuesday, cutting its market capitalization to HK$141 million ($18 million). During the selloff, about 281 million shares, or a third of the firm’s free float, changed hands.… Continue Reading…

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Economy, Precious Metals

“Copper prices climb to 2024 high as Citi calls the start of the metal’s second bull market this century”

April 11, 2024

“Soaring copper prices show no signs of slowing down, analysts say, with the red metal’s rally fueled by supply risks and improving demand prospects for energy transition metals. Copper prices with May delivery traded at $4.323 per pound in New York as of… Continue Reading…

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Business, Stocks

“Micron Technology Stock Has 21% Upside, According to 1 Wall Street Analyst”

April 9, 2024

“Shares of Micron Technology (NASDAQ: MU) have surged to new highs this year as the memory chip leader is on the verge of returning to profitable growth. The stock still has room to run, according to Citi analyst Christopher Danely. After talking with the company’s… Continue Reading…

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Cryptocurrencies

“Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024”

April 9, 2024

“…Ripple’s Brad Garlinghouse told CNBC he expects the entire value of the crypto market to double, citing macro factors including the arrival of the first U.S. spot bitcoin exchange-traded funds, as well as the upcoming so-called bitcoin “halving.”…” https://www.cnbc.com/2024/04/08/ripple-ceo-crypto-market-to-double-in-size-to-5-trillion-in-2024.html

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Stocks

“Teladoc CEO departs the company after stock’s 95% fall from 2021 highs”

April 8, 2024

“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…

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Stocks

“Stock market…Stocks slide as oil, yields touch 2024 highs”

April 3, 2024

“…The Dow Jones Industrial Average (^DJI) closed down about 1%, or nearly 400 points, setting the blue-chip index back from a bid to reach the key 40,000 level. The S&P 500 (^GSPC) shed about 0.7%, while the tech-heavy Nasdaq Composite… Continue Reading…

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Stocks

“Reddit shares plunge almost 25% in two days, finish the week below first day close”

April 2, 2024

“…Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday… Reddit shares started off the week… Continue Reading…

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Economy, Stocks

“Stock Market Surges to Start the Year: 22 Record Highs in 3 Months”

April 1, 2024

“The S&P 500, one of the most widely watched stock indexes in the world, has risen more than 10 percent over the first three months of 2024, buoyed by 22 record highs. Roughly 40 percent of the stocks in the index… Continue Reading…

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Stocks

“1 Vanguard Index Fund to Buy Before It Soars 50%, According to a Wall Street Analyst”

April 1, 2024

“…Lee recently told CNBC that the small-cap Russell 2000 could soar 50% this year. That implies identical upside in the Vanguard Russell 2000 ETF (NASDAQ: VTWO). What makes that forecast particularly intriguing is that some Wall Street analysts see substantial downside in the large-cap… Continue Reading…

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