With Fed cutting rate, will the RBI follow suit? Analysts weigh in
With the US Federal Reserve slashing rates by 50 bps, analysts in India have begun to weigh in on whether whether the Reserve Bank of India (RBI) will follow suit…
BMO strategist predicts S&P 500 could surge to 6,100 following Fed rate cuts
S&P 500 has already rallied well over 20% this year but Brian Belski, the chief investment strategist of BMO Capital Markets, sees further gains in the months ahead. The benchmark…
Has Jerome Powell managed the impossible, or was it just luck?
On December 14, 2022, Federal Reserve Chair Jerome Powell made a candid admission: “I wish there was a completely painless way to restore price stability. There isn’t, and this is…
Stocks to watch next week: Micron, Accenture, Costco, AutoZone
American stocks had a strong performance this week as the Federal Reserve embarked on an interest rate cutting cycle in its bid to engineer a soft landing. The S&P 500…
Are TSLY and NVDY ETFs good alternatives to Tesla, Nvidia stocks?
Tesla (TSLA) and Nvidia (NVDA) stocks have done well in the past few days as American equities bounced back. Tesla has jumped by over 33% from its lowest point in…
Cintas stock gets overbought and overvalued ahead of earnings
Cintas (CTAS) stock price has done well in the past decades, outperforming the S&P 500 index and most companies. It has risen by over 35% this year and by over…
Archer Aviation vs Lilium: which is the better flying car stock?
Archer Aviation (ACHR) and Lilium (LILM) are two of the most popular electric vertical takeoff and landing (EVTOL) or flying car companies. Lilium, a German company, has a market cap…
Traders express concern over Zimbabwe’s 28% stock surge and weakening ZiG
Zimbabwe’s stock market is soaring, but it’s not for the usual reasons. Investors are flocking to equities as a safe haven from the rapidly deteriorating Zimbabwe Gold (ZiG)-backed currency. Since…
Asian markets cheer Fed’s first rate cut in over 4 years
Asian stock markets moved higher on Thursday as investors reacted to the Federal Reserve’s decision to implement a larger-than-expected 50 basis point rate cut in an effort to prevent a…
Piper Sandler slashes Five9 price target to $35: Should you sell?
Yesterday, Piper Sandler maintained its Overweight rating on Five9 (NASDAQ: FIVN) but slashed the price target to $35 from $47, signaling concerns over the company’s ability to execute amidst economic…