Citi upgrades Bank of America to ‘Buy’: can BofA stock keep climbing?
On November 8, 2024, Citi analysts upgraded Bank of America (NYSE: BAC) from Neutral to Buy, setting a new price target of $54, up from $46. This revision, prompted by…
Live Nation stock forms a bullish pattern: could it surge to $150?
Live Nation (LYV) stock price continued its strong rally, reaching a record high of $127.50 as traders eyed its upcoming earnings. It jumped to a high of $127.50, up by…
USD/JPY forecast: signal points to a 6% as golden cross nears
The USD/JPY exchange rate rose to a multi-week high of 154.68 this week as investors moved to the US dollar following Donald Trump’s election. It then pulled back slightly to…
Solana price prediction: A 150% SOL jump to $500 possible
Solana price staged a strong recovery, surging for five consecutive days, and crossing the important resistance point at $200 for the first time since April 1. It has surged by…
Trump tariff fears: companies begin to shift production from China
Donald Trump, once again elected as President of the United States, is yet to officially assume office. However, his well-publicized promise to enforce new tariffs on Chinese goods has already…
What is China’s ‘hidden’ debt? Beijing unveils $1.4 trillion plan to ease local government financing strains
China announced a sweeping $1.4 trillion package on Friday aimed at addressing the pressing issue of local government debt, with further economic measures expected next year. Minister of Finance Lan…
Top 3 stocks to buy after Fed’s 25-basis-point rate cut
US stocks remain resilient following the Federal Reserve’s decision to lower its key interest rate by another 25 basis points on Thursday. According to the post-meeting statement: The Committee judges…
Ibovespa struggles as Brazilian real hits two-week lows amid rising inflation concerns
Brazil’s stock market, represented by the Ibovespa index, faced a challenging week, with the index falling by 1.3% on Friday, dipping below the critical 128,000-point mark. This decline marks the…
Dow and S&P 500 extend gains after Fed rate cut; Tesla hits $1T, chip stocks slip
US equity benchmarks rose slightly on Friday as investors assessed the Federal Reserve’s interest rate cut on Thursday. The US Fed cut interest rates by 25 basis points on Thursday,…
Tesla surpasses $1 trillion market cap as stock soars following Trump’s election victory
Tesla’s stock surged over 6% in early trading on Friday, propelling the electric vehicle company to a milestone market capitalization of over $1 trillion for the first time. The company’s…