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    Investors dial back ‘Trump Trades’ as policy questions remain

    by skolnes November 8, 2024
    November 8, 2024

    (Bloomberg) — After an initial stampede into “Trump Trades,” investors in some asset classes are tapering their enthusiasm as they question whether Donald Trump will push through his ambitious tariff …

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    Analysis-How Asia’s markets could actually benefit from a Trump White House

    by skolnes November 8, 2024
    November 8, 2024

    By Tom Westbrook and Samuel Shen SINGAPORE (Reuters) – Asia and even China are shaping up as surprisingly resilient investment markets as Donald Trump returns to the White House, with …

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    Stocks extend post-election rally as the Fed cuts interest rates

    by skolnes November 8, 2024
    November 8, 2024

    Federal Reserve Chair Jerome PowellSamuel Corum/Getty Images Indexes rose Thursday to continue a post-election rally after the Fed cut interest rates. The Fed cut rates by 25 basis points, a …

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    The stock market is entering ‘Crazy Town’ as valuations reach generational high, Stifel says

    by skolnes November 8, 2024
    November 8, 2024

    iStock; Rebecca Zisser/BI Stock market valuations are near generational highs, Stifel’s Barry Bannister says. Bannister predicts the S&P 500 could rise to the low-6,000s before plummeting back down. He said …

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  • Cryptocurrency News

    Icahn plans raising stake in oil refiner CVR, WSJ reports

    by skolnes November 8, 2024
    November 8, 2024

    (Reuters) – Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20%, the Wall Street Journal reported on Thursday. The company, …

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    Stocks, Bonds Rally as Federal Reserve Cuts Rates: Markets Wrap

    by skolnes November 7, 2024
    November 7, 2024

    (Bloomberg) — Asian equities were set to climb Friday after a cross-asset rally in the US lifted stocks, bonds and commodities as the Federal Reserve cut interest rates. Most Read …

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  • Cryptocurrency News

    Arista Networks Stock Tumbles in Late Trading After Reporting Earnings

    by skolnes November 7, 2024
    November 7, 2024

    Arista Networks (ANET) shares tumbled in extended trading Thursday as the cybersecurity firm reported shrinking margins, despite profits that topped Wall Street’s expectations. The cloud networking giant saw revenue grow …

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  • Cryptocurrency News

    Block’s stock tanks after revenue miss

    by skolnes November 7, 2024
    November 7, 2024

    This is breaking news. Check back for more updates. Block’s shares were reeling Thursday, falling nearly 10% in after hours trading after reporting third quarter revenue of $5.98 billion, lower …

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    Block shares tumble on revenue miss

    by skolnes November 7, 2024
    November 7, 2024

    Block (NYSE:SQ) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates, sending shares down 10% in after-hours trading. The financial technology company, formerly known as Square, …

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  • Cryptocurrency News

    What’s Going On With Ford Motor Stock Today? (CORRECTED)

    by skolnes November 7, 2024
    November 7, 2024

    Editor’s note: This story has been updated to correct the name of the Bernstein analyst covering Ford. Ford Motor Company (NYSE:F) shares are trading lower on Thursday. Bernstein analyst Daniel …

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