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After a strong rally of 14% in the first seven months of the year, the stock market has hit a roadblock with the onset of the August downturn, as evidenced by a 4% decline in the S&P 500 index.
Jackson Hole could help turn things around in the long run. The symposium has a reputation as a market mover is due to the speeches given by former Fed Chair Ben Bernanke during periods of financial crisis and stimulus, which coincident...
Jackson Hole could help turn things around in the long run. The symposium has a reputation as a market mover is due to the speeches given by former Fed Chair Ben Bernanke during periods of financial crisis and stimulus, which coincident...
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$Sea (SE.US)$ shoppe's large-scale destruction of offers has severely damaged its reputation, so it is unlikely to rebound.
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The Week Ahead in Focus
Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar.
Economic data out this week will include the Bureau of Labor Statistics' Consumer Price Index for July on Wednesday. Economists are expecting a 0.2% rise in the headline index and a 0.5% increase in the core CPI last month.
Monday 8/8
$American International Group (AIG.US)$ , ...
Second-quarter earnings season continues this week, while a pair of July inflation figures and consumer sentiment surveys will be the highlights on the economic-data calendar.
Economic data out this week will include the Bureau of Labor Statistics' Consumer Price Index for July on Wednesday. Economists are expecting a 0.2% rise in the headline index and a 0.5% increase in the core CPI last month.
Monday 8/8
$American International Group (AIG.US)$ , ...
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President Joe Biden is expected to propose a new minimum tax primarily aimed at billionaires when he unveils his 2023 budget, according to a document obtained by CNBC.
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
Dubbed the "Billionaire's Minimum Income Tax," it would tax U.S. households worth more than $100 million at a rate of at least 20 percent. More than half of the revenue may come from businesses worth more than $1 billion.
"This minimum tax will ensure tha...
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Research has revealed that markets evolve in a highly predictable fashion, governed by the "Rule of Three." Name any industry, and more likely than not you will find that the three strongest, most efficient companies control 70 to 90 percent of the market.
When electric vehicles become the most popular concept in the market, investors eyeing the EV space may have a sense of déjà vu.
$Tesla (TSLA.US)$ , $Rivian Automotive (RIVN.US)$ , and $Lucid Group (LCID.US)$ are the top three names on the EV market cap list.
They are currently the "EV Big Three."
Here comes their market cap:
Tesla $1.017 T
Rivian $131.94 B
Lucid $71.80 B
Do you think they can maintain their advantages and stay at the top? Or other competitors like $NIO Inc (NIO.US)$, $XPeng (XPEV.US)$ will manage to catch up soon?
Vote and comment tell about your thoughts!
Choose more than one answer
When electric vehicles become the most popular concept in the market, investors eyeing the EV space may have a sense of déjà vu.
$Tesla (TSLA.US)$ , $Rivian Automotive (RIVN.US)$ , and $Lucid Group (LCID.US)$ are the top three names on the EV market cap list.
They are currently the "EV Big Three."
Here comes their market cap:
Tesla $1.017 T
Rivian $131.94 B
Lucid $71.80 B
Do you think they can maintain their advantages and stay at the top? Or other competitors like $NIO Inc (NIO.US)$, $XPeng (XPEV.US)$ will manage to catch up soon?
Vote and comment tell about your thoughts!
Choose more than one answer
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