Golden Financier – Page 208 – Investing and Stock News

Economy

PCE report reveals cooling inflation in August—are more rate cuts on the horizon?

Inflation in the US continued its downward trend in August, latest data has shown, providing hope for additional interest rate cuts by the Federal Reserve. The Personal Consumption Expenditures (PCE)…

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Economy

USDARS and USDCOP trends this week: Indicators of currency resilience and challenges for Argentina and Colombia

In the week ending on September 27th, two currencies drew significant attention: the Argentine peso (USDARS) and the Colombian peso (USDCOP). Their movements present a fascinating narrative of both gains…

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Stock

Costco stock could have more surprises in store despite its YTD rally

Things weren’t all cupcakes and rainbows in the financial results that Costco Wholesale Corporation (NASDAQ: COST) reported last night. The retail giant came in slightly shy of estimates for revenue,…

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Stock

Morgan Stanley downgrades Udemy to Underweight: is more trouble ahead?

Morgan Stanley has downgraded Udemy Inc (NASDAQ: UDMY) to ‘Underweight’ from ‘Neutral’ and reduced its price target to $7.50 from $10, implying a potential downside of 7% from the current…

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Stock

China stimulus: top 3 commodities stocks to consider

China announced several measures, including lowering the amount of cash that banks must have in reserve, to resurrect its housing market and the broader economy this week. According to Carlos…

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Stock

Walgreens stock is cheap and oversold: is it a value trap?

Walgreens Boots Alliance (WBA) has become a fallen angel, costing investors billions of dollars in the past few years. Its stock has imploded, falling from $69 in 2014 to $9…

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Stock

GameStop stock: Time to embrace the MicroStrategy approach?

GameStop (GME) stock price has moved sideways in the past few weeks as investors reflect on its recent earnings and cash raise. It was trading at $22.48 on Friday, much…

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Investing

Brace for a natural gas price comeback – technical analysis

US natural gas futures were on consolidation for the second session in a row on Thursday after recording significant gains on Friday and Monday. At the time of writing, it…

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Investing

Here’s why the China A50 and Hang Seng index are surging

The Hang Seng and China A50 indices surged this week as the market reacted to the country’s stimulus package. China A50, which tracks the biggest companies in China, jumped to…

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Investing

Here’s why the DAX index surged to ATH and what to expect

The DAX index surged to its highest level on record this week, helped by the actions by the Chinese government and global central banks. It soared to a high of…

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