US stock market

Markus Thielen, the founder of 10x Research, the analyst renowned for accurately predicting Bitcoin’s (BTC) bottom in November 2022 and its subsequent surge to record highs prior to the halving event, has now adopted a bearish stance on risk assets, including technology stocks and cryptocurrencies. This shift in outlook comes amid rising concerns over sustained […]

On April 15, 2024, Goldman Sachs, a premier global financial institution, unveiled its first quarter earnings for 2024. The report showcases an impressive financial performance, underscored by robust growth in net revenues, earnings, and earnings per share. Key Highlights from Goldman Sachs’ Q1 2024 Earnings: Net Revenues: Goldman Sachs posted net revenues of $14.21 billion […]

According to a popular cryptocurrency analyst, the price of Bitcoin ($BTC) has been “mirroring the Nasdaq’s price movements closely,” which could mean the cryptocurrency is headed toward the $90,000 mark later this year if the pattern is confirmed. In a post shared with his over 56,000 followers on the microblogging platform X (formerly known as […]

Amidst the dramatic surge in Bitcoin, short sellers are not backing down from their pessimistic bets on cryptocurrency-related stocks, wagering billions in anticipation of a market downturn. According to a Bloomberg report by Carmen Reinicke published on March 26, data from S3 Partners LLC reveals that total short interest in the crypto sector has escalated […]

In a move that marks former President Donald Trump’s return to the forefront of public trading, his Truth Social platform commenced trading under the ticker “DJT” on Tuesday, as reported by CBS News. This venture positions Trump, identifiable by his initials, at the control of a publicly traded entity once more, with the shares of […]

Reddit shares continue to perform strongly in their Thursday IPO debut, currently trading at $47.57 with a staggering 40% increase since the opening price, reflecting a market capitalization of around $7.65 billion. This marks the first major social media IPO since Pinterest’s 2019 offering, according to a report by CNBC published earlier today. The 19-year-old […]

In a compelling conversation with Bloomberg’s Francine Lacqua on March 14, Michael Hartnett, Chief Investment Strategist at Bank of America Corp., shared insights into the current state of the financial markets, directly from Rome at the Bank of America Global Investor Summit. His observations highlight a market infused with euphoria, potentially inflating a bubble, particularly […]

Solana ($SOL) has continued its rally over the past 24 hours despite a downturn in the broader cryptocurrency market. According to data from CryptoCompare, currently (as of 7:10 p.m. UTC on March 14), SOL is trading at around $163.77, up 1.24% in the past 24-hour period. Meanwhile, Bitcoin ($BTC) and Ethereum ($ETH) are trading at […]

On February 26, Mark Mahaney, the esteemed head of internet research at Evercore ISI, made an appearance on CNBC’s “Squawk Box” to share his expert analysis on a range of topics concerning the tech industry. He talked to co-anchor Joe Kernen about Amazon’s recent stock performance, its notable inclusion in the Dow 30, the broader […]

In a Bloomberg News article by Jess Menton and Farah Elbahrawy that was published on February 18, it was reported that Goldman Sachs Group Inc. has revised its S&P 500 target upwards for the second time in 2024, signaling Wall Street’s growing confidence in earnings potential. According to Bloomberg, this optimism is driven by increased […]

In a detailed report by Farah Elbahrawy for Bloomberg News, it’s highlighted that investors and corporations are increasingly concerned about the Middle East conflict’s impact on earnings, with boycotts affecting sales and disruptions in Red Sea shipping posing significant risks. Bloomberg claims that this situation threatens the ongoing rally in US stocks, with references to […]

On February 15, during an appearance on Bloomberg TV, Lisa Shalett, the Chief Investment Officer (CIO) at Morgan Stanley Wealth Management, provided a comprehensive analysis of the current state of the U.S. economy and its implications for the stock market. Economic Conditions: A Closer Look Shalett began by addressing the overarching concerns surrounding economic conditions, […]

Yesterday, in an appearance on CNBC’s “The Exchange,” Robinhood (NASDAQ: HOOD) Co-Founder and CEO Vlad Tenev discussed the platform’s strategies for retaining customers, the evolving demographic of its user base, and more, with technology reporter Kate Rooney. Tenev highlighted the significant role of promotions and incentives in attracting users to Robinhood, particularly emphasizing the benefits […]

In an appearance on CNBC’s “Closing Bell” yesterday, Sara Naison-Tarajano, the global head of Private Wealth Management Capital Markets at Goldman Sachs, shared her outlook for the U.S. stock market in 2024. The Market’s Bullish Trajectory Naison-Tarajano expressed a constructive outlook on the market, buoyed by strong economic data and earnings reports. With over half […]

On February 9, the day that the S&P 500 closed above 5,000 for the first time, in an enlightening interview with Bloomberg TV, Scott Bessent, CEO & CIO of Key Square Capital, shared his expert analysis on the current state of the US stock market, attributing the recent rally to anticipations of a Trump victory […]

On February 9, the day that marked the S&P 500 closing above 5000 for the first time, the spotlight turned to retail investors and their influence on this rally. Yesterday, in a conversation with CNBC’s “Fast Money,” Lule Demmissie, the US CEO of the popular trading platform eToro, shared valuable insights into how retail investors […]

On February 9, David Kelly, chief global strategist for JPMorgan Asset Management, went on CNBC’s “Squawk on the Street” to share his thoughts on the S&P 500 reaching 5,000 and what this achievement may or may not indicate about the months ahead. The Significance of S&P 500 at $5,000 Kelly reminisced about the days when […]

Chris Burniske is a well-known figure in the cryptocurrency and blockchain space, recognized for his contributions as an author, analyst, and investor. He co-authored the book “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond” with Jack Tatar, which has been influential in providing a comprehensive framework for understanding and investing in various digital assets […]

In a striking declaration on his “Truth Social” platform, former President Donald Trump has attributed the recent upswing in the stock market to the positive polling numbers he holds against President Joe Biden. Trump’s assertion suggests that investor confidence is buoyed by the prospect of his victory in the upcoming election, a claim made without […]

In an interview on Bloomberg TV earlier today, Jeffrey Rosenberg, a senior portfolio manager at BlackRock Inc., shared his insights following the January jobs report and the Federal Reserve’s recent FOMC meeting. Rosenberg began by cautioning viewers to not jump to conclusions based on initial reactions to the jobs report, highlighting the importance of considering […]

Norway’s Government Pension Fund Global is one of the world’s largest sovereign wealth funds. The Government Pension Fund Global, established by Norway following the discovery of oil in the North Sea, serves multiple critical functions. It was created to protect the Norwegian economy from the volatile nature of oil revenues, acting as a financial buffer. […]

Introduction In yesterday’s episode of CNBC’s “Mad Money,” host Jim Cramer outlined his market themes for 2024, offering investors a roadmap for navigating a year he anticipates to be tumultuous yet potentially rewarding. This analysis explores Cramer’s insights, juxtaposing them against the backdrop of current economic indicators and market sentiments. The ‘Magnificent 7’ and the […]

On January 12, 2024, Anthony Scaramucci, the founder of Skybridge Capital, appeared on Bloomberg TV’s “Bloomberg Markets,” where he shared his bullish views on the markets for 2024, discussed the newly launched spot Bitcoin ETFs, and commented on the legal troubles facing former President Donald Trump. Market Outlook for 2024 Scaramucci expressed a bullish stance […]

In an interview on Bloomberg TV earlier today, Rebecca Patterson, the former Chief Investment Strategist at Bridgewater Associates, shared her perspective on the various risks facing the markets in 2024 and discussed strategies for hedging these risks. Patterson highlighted a range of potential risks that could impact the markets this year. These include policy changes […]

Earlier today, Ed Yardeni, the President of Yardeni Research, Inc., a sell-side consultancy providing a wide range of global investment and business strategy services, appeared on CNBC’s ‘Squawk Box’ to discuss his perspectives on current market trends. Yardeni, known for his economic expertise, has shifted his focus toward stock market forecasting, a move that has […]

Jurrien Timmer, the Director of Global Macro at Fidelity Investments, shared his insights on the U.S. stock market in a LinkedIn post dated November 13. His analysis provides a nuanced understanding of the current market trends and future prospects. Equity Market Recovery: Timmer begins by noting the ongoing recovery of equities, highlighting the market’s potential […]

On 3 November 2023, Dan Morehead, the Founder and Managing Partner of Pantera Capital, shared a detailed economic forecast that paints a bearish picture for the S&P 500, suggesting a potential fall of 23%. Morehead, who has a history of accurate predictions, referenced his successful forecast from two years prior when he anticipated that both […]