Catenaa, Saturday, February 08, 2025 – One of the magnificent seven companies Amazon, posted strong fourth-quarter earnings, with revenue rising 10% to $187.8 billion and profits hitting $20 billion, surpassing Wall Street expectations. However, its stock slipped in after-hours trading after the company projected lower-than-expected revenue for the current quarter. The e-commerce giant forecasted first-quarter […]
Catenaa, Monday, June 09, 2025- Stockbrokers and analysts may soon find themselves outpaced by artificial intelligence or AI Chatbots, a finance professor testing the real-world trading abilities of leading AI chatbots says.The study paper titled “Can ChatGPT Forecast Stock Price Movements? Return Predictability and Large Language Models” can be found here. Alejandro Lopez-Lira of the […]
Catenaa, Monday, April 21, 2025-US retail investors could trigger major sell-offs of Chinese companies’ American depositary receipts (ADRs) if the Trump administration moves to sever financial ties with China, Goldman Sachs warned Wednesday. In a report, the bank said individual investors in the U.S. held around $370 billion worth of Chinese ADRs, making them especially […]
Catenaa, Saturday, June 21, 2025-Shares of Circle Internet Financial continued their meteoric rise Wednesday, closing at $199.59, a 33.8% daily gain and a staggering 530% jump from its $31 IPO price just two weeks ago. The crypto payments firm, which issues the USDC stablecoin, has seen intense investor demand following its June 5 market debut […]
Catenaa, Wednesday, July 02, 2025- Shares of Coinbase Global Inc. closed Thursday at $375.07, surpassing the prior record of $357.39 set in November 2021, as rallying stablecoin enthusiasm and regulatory progress fuelled investor confidence. The crypto exchange operator’s stock has climbed more than 1,000 percent from its late-2022 low, which followed the collapse of FTX […]
Catenaa, Sunday, April 20, 2025-Investors are retreating from the US dollar and Treasurys as President Donald Trump’s sweeping tariffs stoke fears of economic instability and drive volatility in global markets. Since Trump’s latest tariff hike — the largest since 1909 — the dollar has lost nearly 10% of its value, hitting a three-year low against […]
Catenaa, Tuesday, April 22, 2025-Global Payments Inc. shares plummeted 17% Thursday after the company announced a $24 billion acquisition of Worldpay, marking a major reshuffling of the payments industry. At the same time, Global Payments said it would divest its Issuer Solutions business to Fidelity National Information Services (FIS) for $13.5 billion. The company said […]
Catenaa, Saturday, April 19, 2025-US stock futures declined late Tuesday as investors reacted to a steep drop in Nvidia shares and braced for key economic data due Wednesday. The S&P 500 futures fell 0.9%, while Nasdaq 100 futures dropped 1.3%. Dow futures were down about 0.5% following a choppy regular session that saw all three […]
Catenaa, Friday, May 23, 2025-Nvidia stock remained mostly flat this week as investors await the AI chipmaker’s fiscal first-quarter earnings scheduled for May 28. Shares closed down 1.9% Wednesday at $131.80 after earlier gains, reflecting cautious sentiment ahead of the report. At the Computex trade show in Taiwan, CEO Jensen Huang unveiled new developments in […]
Catenaa, Friday, January 17, 2025 –The S&P 500 is projected to reach a peak in early 2025, but market analysts caution a potential decline of 10-15% later in the year as economic growth slows and inflation pressures persist. This outlook follows a strong 2024 performance, with the index gaining nearly 24%, sparking concerns about sustainability. […]
Catenaa, Wednesday, July 02, 2025- Strategy CEO Phong Le has been actively selling shares of MicroStrategy (MSTR) over the past month, according to filings with the US Securities and Exchange Commission. Le disposed of 8,400 Class A shares on June 18 but still holds 16,390 Class A shares alongside preferred stock holdings labeled “Strife” and […]
Catenaa, Wednesday, March 19, 2025-Tesla shares fell another 5% Tuesday, continuing a steep downward trend as Wall Street analysts raised concerns about the electric vehicle maker’s global sales and competitive standing, particularly in China. The stock’s decline follows a 5% drop on Monday, extending a losing streak that could mark nine consecutive weeks of losses. […]
Catenaa, Thursday, April 17, 2025- Tesla shares have officially entered a “death cross,” a technical indicator that often signals extended market weakness, amid a turbulent stretch for the electric vehicle maker, a report said. The development, flagged this week by Business Insider, occurs when a stock’s 50-day moving average falls below its 200-day moving average. […]
Catenaa, Wednesday, April 09, 2025-European stocks plunged Wednesday morning after US President Donald Trump’s sweeping reciprocal tariffs took effect, triggering sharp declines across sectors and deepening investor unease over a mounting global trade conflict. The pan-European Stoxx 600 index dropped 2.9% in early trade, with healthcare, mining and energy stocks leading losses. France’s CAC 40 […]
Catenaa, Friday, January 17, 2025 – Taiwan Semiconductor Manufacturing Company (TSMC) announced a strong fourth-quarter performance, with revenue of NT$868.46 billion (US$26.88 billion) for the period ending December 31, 2024. The company reported a 38.8% year-over-year increase in revenue, with net income rising 57.0% to NT$374.68 billion and earnings per share (EPS) hitting NT$14.45 (US$2.24 […]
Catenaa, Tuesday, June 24, 2025- The market for tokenized real-world assets has surged past $24 billion, signaling a major shift as Wall Street banks, asset managers and tech firms intensify their on-chain strategies. This rapid growth, driven by rising institutional interest and the recent passage of the GENIUS Act, marks a turning point for blockchain […]