Here’s why the Bovespa Index and Brazilian real are plunging
The Bovespa Index, which tracks the biggest companies in Brazil, has suffered a harsh reversal in the past few weeks. It plunged to a low of BRL 124,700, its lowest…
TEVA stock soars 26%: What’s going on with Teva Pharmaceuticals?
Teva Pharmaceuticals (NASDAQ: TEVA) and its partner Sanofi (NASDAQ: SNY) have announced groundbreaking results from clinical trials of their drug, duvakitug, for ulcerative colitis and Crohn’s disease, two of the…
JEPQ and QYLD ETFs outlook for 2025: are they good buys?
The JPMorgan Nasdaq Equity Premium ETF (JEPQ) and Nasdaq 100 Covered Call ETF (QYLD) funds offer some of the biggest yields in the United States. JEPQ yields 9.30%, while the…
CVS Health stock price has crashed: buy this dip
CVS Health (CVS) stock price continued its strong downward trend as the company’s woes accelerated. Most recently, it has dropped in the last three consecutive weeks, moving to a low…
Lula takes aim at Brazil’s high interest rates: a call for economic change?
President Luiz Inacio Lula da Silva has upped his criticism of the country’s worrying interest rates, expressing his serious concern for the Brazilian economy. In a recent interview, Lula said…
Dominican Republic’s inflation rate edges up to 3.18% in November
The Dominican Republic’s annual inflation rate rose slightly to 3.18% in November 2024, from 3.16% the previous month. This reflects a recovery from the country’s lowest inflation levels since April,…
Why are drone stocks soaring today?
Shares of Red Cat Holdings surged over 25% on Monday after news broke of its partnership with Palantir to integrate advanced visual navigation software into its drones. The announcement ignited…
S&P 500 and Nasdaq rise ahead of Fed meeting; shares of Super Micro Computer plunge, while Broadcom surges
The S&P 500 and the Nasdaq Composite rose on Monday as investors waited for the outcome of the US Federal Reserve’s two-day meeting later this week. At the time of…
Gold prices steady as Fed rate cut expectations already priced in
Gold prices were little changed on Tuesday as investors cautiously anticipated further cues from the policy meeting outcome of the US Federal Reserve. Prices have traded in a narrow range…
Chugging toward the finish line
As we head ever closer to year-end, it’s time to take an early squint at how markets have behaved in 2024. US equities have been on an absolute tear. In…