Wed, May 01, 2024

Bob Fetti

Stocks in Asia-Pacific

Federal Reserve’s Decision and its Influence on Stocks

Stocks in Asia-Pacific rose on Thursday following the Federal Reserve’s decision on Wednesday to raise rates by half a percentage point.  On Wednesday, the Federal Reserve increased its benchmark interest rate by half a percentage point, in line with market expectations. The Federal Reserve also outlined a program whereby it will eventually cut its bond …

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Airbnb and its results

Airbnb Exceeded Expectations in the Q1 of the Year

Airbnb and many other companies suffered significant losses due to the pandemic. However, the company surpassed expectations in the first quarter and gave an upbeat forecast for the second quarter, as Airbnb sees a rebound in travel coming out of the pandemic. The company’s revenue in the first quarter of the year jumped 70% from …

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Economy and important details

Market Economy or Command Economy, Which One is Better?

Market economies, as well as command economies, have their advantages and disadvantages. It is important to learn more about them. First of all, they occupy two polar extremes in the organization of economic activity. It is worth noting that primary differences lie in the division of labor, or factors of production, and the mechanisms that …

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Amazon and its shares

Shares of Amazon Dropped As Much As 10% in Extended Trading

Shares of the e-commerce giant dropped as much as 10% in extended trading on Thursday after Amazon issued a revenue forecast that trailed analysts’ estimates. It recorded a $7.6 billion loss on its Rivian investment. Amazon lost money after shares in Rivian lost more than half their value in the quarter. Importantly, that resulted in …

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McDonald’s Surprised Analysts With its Results

The world’s one of the most famous fast-food chains reported better-than-expected earnings as well as revenue, fueled by price hikes in the U.S. and strong international sales growth. However, the was in Ukraine and inflation affected numerous companies and McDonald’s is not an exception. As a result, the war in Ukraine and inflation in the …

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Stocks in Asia-Pacific

Mainland Chinese Stocks Recovered After Days of Losses

It was a day full of challenges for stocks in Asia-Pacific. Stocks were mixed on Wednesday as mainland Chinese stocks recovered after days of losses.  The Shanghai composite added 2.49% to finish its trading day at 2,958.28. In the meantime, the Shenzhen component jumped 4.372% to close at 10,652.90. The CSI 300, which tracks mainland-listed …

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Russia and its oligarchs

Why Some Rich People Are Called Oligarchs

Even before the war in Ukraine, many people knew at least something about Russian oligarchs. Since Russia’s invasion of Ukraine, many governments imposed various sanctions on them. Let’s learn more about the situation.  People should keep in mind that the term “oligarch” derives from “oligarchy”, which is a system of government in which a small …

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Stocks around the world

European Stocks Fell, Let’s Find Out What Happened

European stocks suffered serious losses on the first day of the week. Stocks declined to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China’s sputtering economy, while Wall Street rose, reversing losses after Twitter agreed to be bought by the world’s wealthiest person. Fears regarding China’s …

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Chinese stocks and investors

Chinese Stocks Suffered the Biggest Losses

Stocks are susceptible to various risk factors. For example, stocks in Asia-Pacific were mixed on Thursday as investors continued to monitor the pandemic in China along with moves in the Japanese yen. Chinese stocks declined on Thursday. The Shanghai Composite dropped 2.26% to end its trading day at 3,079.81. The Shenzhen component declined 2.703% to …

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Stocks on Monday

China’s Decision Had a Serious Impact on Stocks

Stocks in Asia-Pacific were mixed on Wednesday as China made the decision not to change its benchmark lending rate. Mainland Chinese stocks suffered serious losses on Wednesday. The Shanghai composite declined 1.35% to finish its trading day at 3,151.05. The Shenzhen component dropped 2.072% to close at 11,392.23. In Hong Kong, the Hang Seng index …

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Facebook and its business empire

Facebook (Meta) Earns a Lot of Money, But How?

Last year, Facebook Inc. changed its name to Meta. Facebook’s parent company Meta Platforms Inc. primarily earns money by selling advertising space on its various social media platforms. Its platforms include websites and mobile applications that allow users the ability to connect and communicate with family and friends.  Meta’s business empire includes a world-famous social …

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Stocks and earnings reports

Stocks Fall As Investors Are Waiting for Earnings Reports

U.S. stocks declined on the first day of the week as investors prepare for earnings reports. The Dow Jones Industrial Average dropped slightly to start a big week of earnings for the market, while traders monitored surging rates and commodities. It fell 39.54 points or 0.1% to 34,411.69. The S&P 500 fell 0.02% to 4,391.69. …

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Investors and value stocks, super micro

You Want to Make Money? Solution: Invest in Value Stocks

According to all major economic reports, the world’s largest economy is in a stable position. That includes the early April reports for weekly jobless claims, retail sales, etc. However, many indicators of potential future weakness continue to be alarming. So, investors should pay more attention to value stocks.  The list of potential issues is quite …

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