Abercrombie & Fitch stock sits at a key support: wait before buying
Abercrombie & Fitch (ANF) stock suffered a harsh reversal this year, erasing some of the gains made last year, when it was one of the best-performing companies in Wall Street.…
Here’s why Block (SQ) stock could rise 20% after earnings
Block (SQ) stock price has crawled back after bottoming at $54 in August. It has entered a local bull market, rising by 30% from its lowest point in August, and…
US job growth slows to 12,000 in October due to hurricanes and Boeing strike
The US labour market saw its slowest job growth since late 2020, with only 12,000 jobs added in October due to disruptions from storms in the Southeast and an ongoing…
Can betting markets accurately predict the 2024 US Presidential election results?
Betting platforms like Polymarket and Kalshi have surged into the limelight, reporting millions in bets placed on the upcoming presidential elections. Many are left wondering what caused this surge in…
Milei’s tax amnesty program brings $18 billion to Argentina’s banks
Argentina’s tax amnesty program, launched by President Javier Milei, has successfully attracted about $18 billion back into local banks. This initiative encourages residents to deposit foreign currency they had kept…
Why record numbers of Americans are giving up citizenship
Renouncing US citizenship is on the rise, driven by tax burdens, bureaucratic hurdles, and unique challenges for “accidental Americans.” As recent data shows, nearly 6,000 Americans gave up their citizenship…
Rusal’s new claims against Nornickel’s Potanin: what’s at stake for shareholders?
The legal conflict between Rusal, one of the world’s largest aluminium producers, and Nornickel’s CEO, Vladimir Potanin, is escalating with fresh claims filed in London. Rusal’s new claims against Nornickel’s…
Is Intel’s downtrend finally over? Stock signals a rebound
Intel (NASDAQ: INTC) reported better-than-anticipated Q3 2024 results on October 31, marking progress on its aggressive restructuring and cost-cutting initiatives. The company’s non-GAAP EPS was a loss of $0.46 per…
Indian shares rally as Nifty and Sensex rebound in Diwali Muhurat trading
During India’s annual Diwali ‘muhurat’ trading, the NSE Nifty 50 and BSE Sensex indices showed a notable uplift, rallying on the back of renewed investor confidence and festive optimism. Both…