On January 16th, after the Federal Reserve officials indicated to consider interest rate cuts with a cautious approach, the overall stock market faced pressure. However, the shares of two major semiconductor giants continued the recent strong upward trend of chip stocks. NVIDIA's stock price hit a new high, while AMD's shares surged over 8% during the day. The market also seems to have higher expectations for AMD. Let's take a look at today's...

A rough start to the year for stocks hurt the so-called “Santa Claus rally“.
As defined by the Stock Trader’s Almanac, the “Santa Claus rally” refers to the S&P 500’s tendency to rise during the last five trading days of a calendar year and the first two trading sessions of the new year.
Since 1950, the Santa rally has boosted the S&P 500 by an average of 1.3% over the seven trading-day range. The benchmark closed hi...

In 2023, the global economic and financial situation was complex and changeable. Unexpected regional banking crises and geopolitical conflicts arose, while disruption from the highest interest rates in two decades and concerns about an economic downturn persisted.
Despite the challenges, the excitement surrounding artificial intelligence has driven U.S. stocks to break through the haze. Additional...

Inflation, interest rates and recession fears drove the U.S. stock market in 2023, sending equity prices on a roller coaster ride. But after all the worries that the fastest pace of U.S. interest rate hikes in four decades would break the economy, two things continue to amaze: the strength of the consumers and the resilience of Corporate America. The S&P 500 gained 24.58% for 2023 as a whole through Dec.28, led by gains in N...

Elon Musk sold at least 22 million shares of Tesla stock over three days from December 12-14 before Tesla's stock dropped for three consecutive trading days. Meanwhile, multiple institutions, including Goldman Sachs and the Royal Bank of Canada lowered their price targets for Tesla's stock.
What does it mean
Insiders' activities are considered forward-looking signals of the company's prospects due to their ...