Fri, January 27, 2023

Betsy Miller

All Eyes on Fed Remarks on Rates

All Eyes on Federal Reserve Remarks on Rates

Investors questioned if inflation decreased enough to warrant the Federal Reserve to pause monetary tightening. The US equities rose while short-term Treasuries gained. After earlier in the day’s trading being shaky, the S&P 500 and tech-heavy Nasdaq 100 climbed. The two-year Treasury yield, which is policy-sensitive, averaged 4.17%. For the second day in a row, …

All Eyes on Federal Reserve Remarks on Rates Read More »

Stock Traders In Anticipation Of The Upcoming Week

Stock Traders in Anticipation of The Upcoming Week

This is the week we have all been waiting for. Investors hope for a clearer picture of what lies ahead for a battered stock market and economy in 2023. We’ll have more news after key inflation data, the Fed’s interest rate decision, and comments from Chairman Jerome Powell. However, stock traders are expecting more volatility …

Stock Traders in Anticipation of The Upcoming Week Read More »

Microsoft’s Battle for Activision Turns On The Future Of Gaming

Microsoft Battle for Activision Turns on The Future of Gaming

Microsoft acquired Activision Blizzard Inc. for $69B. Antitrust authorities investigating to stop the merger are most likely more worried about the future of gaming in the cloud. This has lately drawn attention to decades-old notions of console-exclusive games played on Xbox and chief rival Sony Group Corp.’s PlayStation. Cloud gaming is a new concept that …

Microsoft Battle for Activision Turns on The Future of Gaming Read More »

Meta Faced With An Antitrust Fight Over An Acquisition

Meta Faced With An Antitrust Fight Over An Acquisition

On Thursday, the Federal Trade Commission will ask a court to prevent Meta Platforms Inc. from buying a virtual-reality startup. This situation represents a change in US policy. Facebook’s parent company’s metaverse strategy is challenged by antitrust enforcement. Within is the creator of the fitness app – Supernatural. According to the Federal Trade Commission, Meta’s …

Meta Faced With An Antitrust Fight Over An Acquisition Read More »

Stock Market Comes Under Pressure Again

Stock Market Comes Under Pressure Again

Investors continue to worry that stronger-than-expected economic data will lead authorities to keep interest rates higher for longer. Potentially, this will weigh on the economy next year, as the stock market inched mostly down on Wednesday. The S&P 500 dropped 7.34 points to 3933.92, extending its losing streak to five days. The Nasdaq Composite focused …

Stock Market Comes Under Pressure Again Read More »

Robinhood is Entering the Retirement Game

Robinhood Is Entering the Retirement Game

The new offering from the fintech firm, Robinhood, has a waitlist. In an uncertain economy, Robinhood Markets offers its consumers retirement accounts for the first time, hoping that the tax benefits and matching contributions will spur investment interest. Until a user’s annual contribution limit is reached, the company will match 1% of what they contribute …

Robinhood Is Entering the Retirement Game Read More »

Stocks Plunge to Start the Week with Losses

Stocks Plunge and Start the Week with Losses

Concerns over whether aggressive Federal Reserve tightening might lead to a recession triggered stocks to plunge on Monday. After capping a back-to-back weekly rise, the S&P 500 was under fire. The Federal Reserve’s potential to slow down its interest-rate increases boosted the benchmark index by 1.2% last week, extending a November rally. The Nasdaq Composite …

Stocks Plunge and Start the Week with Losses Read More »

Apple Diversifying Production Away from China

Apple Diversifying Production Away from China

According to individuals familiar with the discussions, Apple has accelerated its intentions to relocate some of its manufacturing outside China. It has long been the principal nation in the manufacturing chain. They claim to be instructing manufacturers to prepare more carefully for Apple devices production elsewhere in Asia; they are considering India and Vietnam. They …

Apple Diversifying Production Away from China Read More »

The Optimism of Slowing Interest Rate Only Goes So Far

The Spark of Slowing Interest Rate Only Goes So Far

The all-important jobs report caused a lot of volatility near a key technical level. Traders were looking for indications of the Federal Reserve’s next policy moves. Bond yields fell, and the dollar weakened. A battle erupted near the 200-day moving average of the S&P 500, which some investors saw as signaling that a rally would …

The Spark of Slowing Interest Rate Only Goes So Far Read More »