Why are Dollar Tree and Dollar General stocks falling apart?
Discount retailers like Dollar Tree (DLTR) and Dollar General (DG) are some of the worst performers in the S&P 500 index this year. DLTR has slumped by 50% in 2024,…
RBC downgrades Rapid7 amid rising competition: will RPD stock slide?
On Friday, September 20, RBC Capital Markets downgraded Rapid7 (NASDAQ: RPD) from “Outperform” to “Sector Perform” and lowered its price target from $50 to $40. This move reflects rising concerns…
Is it safe to buy the Mastercard stock at an all-time high?
Mastercard (NYSE: MA) stock price has done well since going public in 2006 when it raised $2.4 billion. It has jumped by almost 12,000%, transforming it into one of the…
HSBC share price is up 200% from 2020 lows; more upside?
HSBC (LON: HSBA) share price has risen for two consecutive weeks as investors focus on the actions by central banks and the new management. The stock was trading at 665p…
Bank of England holds interest rates steady despite US Fed’s jumbo rate cut
The Bank of England (BoE) held its interest rates steady on Thursday, resisting a rate cut despite the US Federal Reserve’s substantial reduction just a day earlier. The decision follows…
Why Indian investors are rushing to secure Greece’s Golden Visas before new rules take effect
Indian investors are flocking to Greece’s Golden Visa Programme in a race to secure residency permits before new regulations raise the investment threshold. Between July and August 2024, property purchases…
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…