Catenaa, Saturday, April 19, 2025- Apple and Nvidia stocks have been in the forefront of Trump’s trade war, shedding $ 1 trillion in market cap collectively since liberation day. The two tech stocks’ volatility since Trump’s “Liberation Day” reciprocal tariff announcement on April 2, shows how the investors are battling the ever -changing uncertainty in […]
Catenaa, Tuesday, April 15, 2025- Bank of America reported 10% jump in profits in the first quarter with growth in interest income and gains from a volatile market. The bank said its net income grew to $7.4 billion and earnings per share to $0.90 from $0.76 last year, while revenue was up by 6% year-over-year […]
Catenaa, Wednesday, March 26, 2025- Barclays has slashed their year-end S&P 500 target to 5,900 with deteriorating economic data and reduced earnings power of the listed companies. Barclays Strategist Venu Krishna slashed his 2025 S&P 500 price target to 5,900 from 6,600 on Wednesday with deteriorating US economic data. The estimate cut reflects Barclay’s expectation […]
Catenaa, Thursday, April 17, 2025- Global Payments stocks fell by nearly 17% on Thursday after the firm announced the acquisition of payment processing company Worldpay for $24 billion. Global payments made the acquisition from private equity firm GTCR and the remaining 45% from Fidelity National Information Services (FIS) for $24.25 billion in cash and stock. […]
Catenaa, Tuesday, May 13, 2025- Goldman Sachs lifted its three-month S&P 500 index target to 5,900 points due to easing trade tension between the US and China, but it says there are still uncertainties. A note by Goldman Sachs analyst David Kostin and team, sent to clients, said that they have raised their three-month target […]
Catenaa, Wednesday, May 21, 2025- Morgan Stanley has upgraded US equities to ‘Overweight’, citing resilient earnings, supportive monetary policy, and a weakening dollar as reasons. In its Mid-Year Global Strategy Outlook released on Tuesday, the investment banker projects the S&P 500 to reach 6,500 by the second quarter of 2026. The S&P 500 has recovered […]
Catenaa, Monday, April 21, 2025– MicroAlgo Inc, the popular penny stock is continuing with its gains as the stock gained by over 90% on Monday afternoon as the company tries to enter the tech landscape. MicroAlgo Inc. stock has been a leading performer in the US equity market, which is hit by uncertainties with US […]
Catenaa, Friday, March 28, 2025- Wolfspeed’s shares fell by about 48% on Friday, hitting a 27-year low, after the chipmaker appointed a new CEO amid its struggles to improve its financial position. The company on Thursday named chip industry veteran Robert Feurle as its chief executive effective May 1, after it ousted Gregg Lowe without […]