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'Rich Dad Poor Dad' Author Says Foolish And Desperate China Is In Trouble: 'This Is Not The Time To Buy Stocks And Bonds'
Wednesday, March 20, 2024 - 9:46pm | 716Renowned financial expert, Robert Kiyosaki, cautions against investing in stocks and bonds amidst China’s economic instability, advocating for gold, silver, and Bitcoin (CRYPTO: BTC) instead. What Happened: On Wednesday, Kiyosaki took to X, formerly Twitter, to express his concerns about...
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Stocks Could See 24% Upside After Fed's First Rate Cut Since 2019, Says Analyst
Friday, January 26, 2024 - 1:47am | 694The stock market is expected to experience a significant upturn following the Federal Reserve’s first interest-rate cut since 2019, according to a recent analysis by Ned Davis Research. What Happened: The Dow Jones Industrial Average is predicted to surge by 24% after the initial interest...
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Joe Biden Mocks Trump For Forecasting A Stock Market Collapse Akin To The Great Depression: 'Good One, Donald'
Wednesday, January 24, 2024 - 12:16am | 586President Joe Biden took a jab at his predecessor, Donald Trump, for a prediction that didn’t come to pass. What Happened: This week, Biden marked the record-high stock market numbers with a tweet that reminded Trump of his pre-election prediction. Trump had forecasted a “stock market...
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Take-Two Interactive Hits 52-Week High, Fueled By GTA 6 Release Optimism, AI Integration
Monday, January 22, 2024 - 4:41pm | 453Take-Two Interactive Software, Inc.'s (NASDAQ: TTWO) stock price reached a new 52-week high on Monday after Benchmark raised its price target on the stock from $163.00 to $200.00. According to Benchmark analyst Mike Hickey, "Take-Two faces low execution risks in fiscal 2H 2024," and...
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JP Morgan's Kolanovic Prefers Cash Over Stocks In 2024, Cites Improbability Of Swift Rate Cuts By Federal Reserve
Wednesday, December 20, 2023 - 9:37pm | 745In a recent reveal, JP Morgan’s Marko Kolanovic suggests a lean towards cash over stocks in 2024, attributing the shift to the improbability of swift interest rate cuts by the Federal Reserve. What Happened: Kolanovic’s outlook is based on the over-optimism of investors in sidestepping...
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TILT's Bull vs. Bear Case: EBITDA Potential In Its Cannabis Business - Analyst Insights
Friday, November 3, 2023 - 11:53am | 1040Zuanic & Associates (Z&A), an equity research firm has initiated coverage of TILT Holdings (OTC: TLLTF), a micro-cap stock with a $12 million market cap, with an Overweight rating. TILT’s EBITDA Potential Senior Z&A analyst Pablo Zuanic highlighted the...
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Wharton Professor Jeremy Siegel Says 'Stocks Are The Place To Be' Amid Rising Geopolitical Risks
Tuesday, October 24, 2023 - 1:54am | 535Despite rising geopolitical risks and inflation, Jeremy Siegel, a professor at the Wharton School, encourages investors to favor stocks over bonds. According to a report by Business Insider, Siegel feels that the economic growth remains robust, partially due to the increased adoption...
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Billionaire Paul Tudor Jones Finds No Love For Stocks Amid Israel-Hamas War: 'I Love Bitcoin And Gold'
Tuesday, October 10, 2023 - 11:25pm | 471Renowned hedge fund manager and billionaire, Paul Tudor Jones, on Tuesday expressed his concerns regarding the current geopolitical landscape and rising levels of U.S. government debt. What Happened: In an interview with CNBC’s Squawk Box, Jones emphasized his reservations about stocks while...
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Analysts Flip To 'Outperform' On Oracle Amid Stock Pullback: 'Math Is Working In Favor'
Tuesday, October 10, 2023 - 5:23am | 506Oracle’s recent stock price decline presents an appealing buying opportunity, according to Evercore analysts, who upgraded their rating on the cloud service provider’s shares on Monday. Barron’s reported that Evercore’s Kirk Materne and his team have shifted...
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Ongoing Bull Market Shows Signs Of Being Among The Weakest On Record: Expert
Tuesday, October 10, 2023 - 3:18am | 608The ongoing rally in stocks, which started in October 2022 and resulted in an over 30% peak rally in the S&P 500, is considered one of the weakest bull markets in history, states Ned Davis Research. As Business Insider reported, the investment firm highlighted the rally as...
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Kraken Grabs First Mover Advantage, Offers Trading Options Outside Crypto Assets
Wednesday, September 27, 2023 - 6:40pm | 559After capturing a strong position in European crypto markets recently, Kraken is now awaiting approvals for stock and ETF trading in the U.S. and U.K. markets. What Happened? Kraken announced its plans to offer trading in U.S.-listed stocks and ETFs starting in 2024, the first time...
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Tesla's Q3 Delivery Numbers Could Challenge Wall Street Projections: 'Factory Shutdowns To Drive Material Miss,' Says Analyst
Tuesday, September 26, 2023 - 1:50am | 447In an upcoming announcement, Tesla Inc. (NASDAQ:TSLA) is set to report its third-quarter deliveries, raising questions on whether Wall Street estimates may not decrease rapidly or significantly enough in anticipation, Barron’s reported. Analysts’ forecasts usually dip in...
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Peter Schiff Warns Investors Taking Refuge From Stocks In Money Markets: 'Inflation Is A Real Risk'
Monday, September 25, 2023 - 8:58pm | 499Renowned economist Peter Schiff cautions investors seeking refuge in money markets from stock volatility, highlighting the lurking inflation threat that could erode purchasing power significantly. What Happened: On Monday, Schiff shared his insights on Twitter, warning investors about the hidden...
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Morgan Stanley Strategist Advocates Defensive Stance As Market Dynamics Shift
Monday, September 25, 2023 - 11:24am | 863Morgan Stanley equity strategist Michael Wilson has a cautious outlook for the U.S. stock market, underlining a preference for defensive sectors. In a note released Monday, Sept. 25, Wilson pointed to the resurgence of defensive sectors’ outperformance, while cyclicals and growth sectors...
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China Rallies, Europe Dips: US Market Outlook For Labor Day-Shortened Week
Monday, September 4, 2023 - 1:39pm | 1207While the U.S. markets are closed for the Labor Day holiday, the announcement of stimulus measures in China is ushering in a much-needed relief rally for equities in both the Hong Kong and mainland China markets. Conversely, growing economic concerns in Europe are raising cautionary flags among...