A much better-than-expected jobs report ignited stock markets in the U.S, on Friday with all the major indices notching up strong gains. The U.S. dollar rocketed higher. 353 jobs were added to the economy last month although the unemployment rate was unchanged at 3.7 percent. "Today, the Bureau of Labor Statistics reported that the American … Continue reading U.S. stocks increase value due to employment rate changes in January 2024
U.S. stocks soared on Wednesday after the Federal Reserve left official interest rates unchanged and signaled three rate cuts are on the horizon. The news sent the Dow Jones industrials above 37,000 to touch a new record high. "The Fed has given the market an early holiday gift today when, finally, for the first time, … Continue reading U.S. stocks jump sharply on foreshadowed rate cuts
Despite economic data showing the labor market was easing and inflation in retreat, U.S. stocks soared on Thursday. "There is a little bit of a follow through from yesterday, and then this morning, we got some of the productivity and unit labor cost numbers, and the unit labor cost numbers are actually negative," Megan Horneman, … Continue reading US stocks rise as Nasdaq gains 233 points
Photo by Burak the Weekender on Pexels.com Nigerian stocks attained their peak level ever on Tuesday as the all-share index, which measures the overall performance of equities climbed 0.5 per cent to 66,490.3 basis points on the back of a series of market-friendly reforms helping Africa’s largest economy restore investor confidence to its markets Tuesday’s … Continue reading Nigerian Stocks More Profitable Now Than Ever
Photo by cottonbro CG on Pexels.com Diamond hands is a slang term for an investor who refrains from selling an investment (such as stock shares) despite downturns or losses. It can also refer to such an investor’s resolve or stubbornness. The term is often used positively to refer to an investor who doesn’t panic when their investment decreases or … Continue reading What does diamond hands mean?
Back in May 22, 2010, Laszlo Hanyecz, one of the early adopters of Bitcoin, bought 2 pizzas from Papa John’s using 10,000 Bitcoins as payment. Photo by David McBee on Pexels.com During that time, the pizza was just worth a little over $40. And it took him around 3 days before he found someone who … Continue reading Would you buy this pizza for $500 million?
CNBC’s Jim Cramer said Friday the recent market underperformance of non-tech stocks gives investors the chance to purchase names that do well when Americans spend their money. “What an opportunity to buy things that are being thrown away left and right,” Cramer said on “Squawk on the Street,” as Dow futures pointed to an over 200-point decline as Austria announced … Continue reading Jim Cramer: This is the right time to buy stocks
Photo by RODNAE Productions on Pexels.com The question asked by a newbie stock investor will probably relate to the best place for buying and selling shares. Can anyone purchase shares, or are you required to have a license to buy shares? Can you purchase shares online from home? Is it difficult? What is the minimum … Continue reading What you should know before buying shares
Investors in British companies are taking a stand against cheap takeovers. Shares in UK-listed groups like Spire Healthcare (SPI.L) and Vectura (VEC.L) are trading above the price of recently agreed offers. Big shareholders including Allianz Global Investors complain that some deals are too cheap, while merger arbitrageurs are betting on higher bids. But buyers have good reasons to hold … Continue reading Investors betting huge amounts on Brexit
U.S. stocks rose on Tuesday, the last day of Donald Trump's presidency. It was a fitting farewell as numerous records were set during the Trump era, many of them since the devastating pandemic which has taken hundreds of thousands of lives, and smashed the economy. Halliburton shares, technology stock were in demand, as were leading … Continue reading U.S. stocks rise as Trump exits the White House
Jeff Bezos is taking a fall from his perch as the world's richest person, mostly because Amazon's stock price has fallen. That cut into Bezos' wealth, Bloomberg reports, though not so you'd notice. Bezos is at $107.1 billion at the moment, about $300 million less than Gates, according to the Bloomberg Billionaires Index. It's the first time Microsoft's … Continue reading Bill Gates reclaims ‘world’s richest person’ title from Amazon CEO Jeff Bezos
Warren Buffet is great with numbers, and I love math, too. But being good with numbers doesn’t necessarily correlate with being a good investor. Warren doesn’t outperform other investors because he computes odds better. That’s not it at all. Warren never makes an investment where the difference between doing it and not doing it … Continue reading How to think and grow rich like Warren Buffet
Facebook on Thursday published its earnings report with forecast of decline in revenue. The market development triggered a significant fall of company’s stocks value and investors are reportedly scared of a slow-down in the social network giant’s revenue growth. Facebook shares dropped over 19% in trading on Thursday, a market trend which has been the … Continue reading Why Facebook earnings report caused massive drop in stock value
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