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    Markets hit tentative pause on selloff

    by skolnes September 5, 2024
    September 5, 2024

    A look at the day ahead in European and global markets from Ankur Banerjee Markets hit the pause button after a selloff in equities since the start of the week …

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    Indexes end mixed as weak job openings fuel jitters ahead of August payroll report

    by skolnes September 5, 2024
    September 5, 2024

    Michael M. Santiago/Getty Images US stocks struggled Wednesday and ended mixed as investors took in lower-than-expected job openings. There were 7.67 million openings in July, the lowest number in over …

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    Stocks could see a 10% correction by early October on a trifecta of bearish factors, strategist says

    by skolnes September 5, 2024
    September 5, 2024

    Sidra Monreal Burshteyn/Comedy Wildlife Awards Renaissance Macro’s Jeff DeGraaf predicts a 10% stock market drop amid three bearish factors. Tech stocks may underperform after rate cuts, impacting market stability, according …

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    Harris Calls for 28% Capital Gains Tax, Breaking With Biden

    by skolnes September 4, 2024
    September 4, 2024

    As she continues to fill in the details of her economic platform, Vice President Kamala Harris on Wednesday called for raising the capital gains tax to 28% for those earning …

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    Talk of a slowdown is way overblown

    by skolnes September 4, 2024
    September 4, 2024

    Dell Technologies (DELL) founder and CEO Michael Dell thinks talk of an AI spending letdown is way overblown. “There always are bumps in the road as you launch a rocket …

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    Why Tesla Stock Accelerated on Wednesday

    by skolnes September 4, 2024
    September 4, 2024

    Tesla (NASDAQ: TSLA) was Wednesday’s winner among S&P 500 index gainers, capturing the title with a more than 4% increase to its stock price on the day. There was little …

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    Why Harris is splitting with (some of) Biden’s capital gains plans

    by skolnes September 4, 2024
    September 4, 2024

    On a day when Vice President Kamala Harris unveiled a new plan for small businesses, the Democratic nominee also announced a change in her plans to pay for it by …

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  • Cryptocurrency News

    S&P 500, Nasdaq slip as sluggish start to September continues

    by skolnes September 4, 2024
    September 4, 2024

    Gasoline prices have been on a downward trend as oil prices decline and gasoline futures (RB=F) approach three-year lows. The national average at the pump on Wednesday sat near six-month …

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    Why Verizon Stock Was Wilting on Wednesday

    by skolnes September 4, 2024
    September 4, 2024

    Is Verizon Communications (NYSE: VZ) about to open its wallet for a massive new acquisition? That was the scuttlebutt on the stock market Wednesday, and on potential news that the …

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  • Cryptocurrency News

    Intel manufacturing business will see ‘meaningful’ revenue in 2027, CFO says

    by skolnes September 4, 2024
    September 4, 2024

    By Max A. Cherney (Reuters) – Intel will begin to generate a “meaningful” amount of revenue from its contract chip manufacturing business in 2027, the company’s CFO said at an …

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