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Adobe's stock fell 11% after issuing weaker-than-expected Q2 revenue guidance, overshadowing a strong Q1 performance. Meanwhile, Williams-Sonoma stock rose 17% following a Q4 earnings and revenue...
Bitcoin faced intense selling pressure yesterday, with a nearly 10% drop amid record-high prices, reflecting growing apprehension in the market. Despite Bitcoin's recent bullish run, heightened...
This week, the massive rally in the tech sector has shown signs of fatigue as investors rotated out of the sector amid renewed inflation fears. Amid the current backdrop, analysts see significant...
As the stock market consolidates 2024 gains, small caps have yet to catch up, prompting speculation about potential entry points amid the recent drop. Russell 2000 has posted marginal gains since...
1. Investing in US equities for diversification and access to the largest equity market can be a good strategy.2. ProPicks Strategies on InvestingPro+ offers AI-driven portfolios like Tech Titans and...
Bitcoin's recent climb to new highs this week, following its breakout past November 2021's peak, has sparked optimism across the cryptocurrency market. Altcoins are experiencing significant surges...
While markets have taken a breather, we remain in a bull market. Despite recent data not being favorable, we are yet to see a deep correction. In this scenario, we will discuss three stocks that have...
Saudi Aramco concluded 2023 with a staggering profit of $121.3 billion. Despite a slight downturn from its 2022 peak, Saudi Aramco remains a profit leader for the second consecutive year, navigating...
February's CPI report came in hotter than expected for the second straight month. Sticky inflation suggests the Fed could delay an anticipated June interest rate cut despite the market’s...
An important Bank of Japan meeting is around the corner and Interest rates may go up finally. Meanwhile, the US CPI continues to stabilize above 3%. USDJPY Tests an important zone in the 146-147 yen...
Summary1. Nifty 50 index faces sideways trading amid uncertainty prior to the Lok Sabha elections.2. Midcap and smallcap indices weaken, signaling potential liquidation from smaller segments.3....
Meta Platforms' stock rose nearly 40% YTD, buoyed by impressive Q4 results, optimistic guidance, $50 billion share buyback, and a new dividend. Analysts increased EPS estimates for the next quarter by...
The 10 largest stocks account for 33% of the S&P 500's market capitalization, up from 27% at the peak of the tech bubble in 2000. Meanwhile, the S&P 400 has been performing better than the...
Bitcoin's recent rebound above $70,000 signals a potential continuation of its upward trend, driven by institutional demand through ETFs. The next target for Bitcoin could be $83,300, with stability...
Gold hit new record highs in the region of $2200 recently. This rally came amid mixed sentiment after the release of the US labor market report. In this piece, we will look at key levels to buy as a...
Today's spotlight is on the crucial US CPI report, with estimates suggesting potential declines in both the monthly and annual core CPI. Market expectations project a decrease in the annual Core...
Amidst the allure of technology and renewable energy, dividend kings quietly anchor portfolios with their steadfast reliability, offering stability in uncertain markets. Achieving dividend king status...