The Federal Reserve is expected to move closer to cutting its key interest rate on Wednesday after nearly two years of hikes aimed at combating severe inflation. Even though Fed officials will likely cut rates within the next few months, they are expected to indicate on Wednesday that they...
Markets
Today's global market update reveals high anticipation for earnings reports from tech giants like Microsoft, Alphabet, Apple, Amazon, and Meta Platforms. While many megacap stocks are at record levels, there are worries about overexposure. Additionally, the upcoming central bank decision in March may impact borrowing costs and stock markets....
Investors are increasingly looking to diversify their portfolios and boost their resilience by tapping into emerging markets, which are each uniquely shaped by distinct socioeconomic development paths. A recent poll at GIC Insights 2023 revealed that over half of global investors and business leaders are planning to up their...
Despite the ban on cryptocurrency in mainland China and strict controls on capital movement, Chinese investors are finding creative ways to trade bitcoin and other tokens, leading to estimated $86.4 billion in raw transaction volume from July 2022 to June 2023. This dwarfs Hong Kong's $64 billion in crypto...
Unraveling the Stock Market Surprise: Decoding Apple, IBM, and Netflix’s Stock Split Move
2 min read
Netflix and Apple executed stock splits this week, with Netflix trading at about 14,700 Argentine pesos per share post 3-for-1 split. While the split didn't affect American stocks, it's a reminder for investors to stay vigilant and diversify beyond traditional stock markets, highlighting the interconnectedness of global markets. Despite...
As China's stock market falters, a new trend emerges among traders. Run's crypto investments have jumped 45%, leading him to declare, "Bitcoin is a safe haven, like gold." China's peer-to-peer crypto trade volume surged, with the country now 13th globally in 2023, up from 144th in 2022. Despite the...
The "Magnificent Seven," a group of tech stocks featured in the Wall Street Journal at the start of the year, including Microsoft and Apple, have soared to become $3 trillion companies, while others have also seen a promising start to 2024. However, the electric vehicle company linked to Elon...
MercadoLibre, the largest e-commerce company in Latin America, has seen strong growth in the third quarter, following the Amazon blueprint. The company reported a 40% increase in total revenue to $3.7 billion, driven by 45% sales growth in the commerce business and 33% growth in the fintech business. With...
India's stock market has outpaced Hong Kong's, becoming the world's fourth-largest with a total market value of $4.33 trillion. This achievement is attributed to India's stable political environment and consumer-driven economy. The growth also marks a shift from China as a global growth engine, with Chinese and Hong Kong...
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San Antonio's Broker Associate, David Anderson, is optimistic about the 2024 real estate market, anticipating a strong market despite high home prices and mortgage rates. While a few experts forecast a drop in mortgage rates, the overall sentiment is that it remains a seller's market with demand outstripping supply....
After nine weeks of consecutive gains at the end of last year, there were concerns about the market being overbought and in need of a significant correction, but Keith Lerner, chief market strategist at Truist Advisory Services, notes that the market has managed to alleviate some of those extremes...
