Hang Seng index rebounded but faces substantial risks ahead
The Hang Seng index has rebounded in the past few days, joining other global indices that are doing well. It has risen in the past eight consecutive days and is…
Why EU tariffs won’t slow down China’s electric vehicle growth in Europe
Chinese electric vehicles (EVs) are poised to maintain their competitiveness in Europe, despite the European Union’s introduction of additional tariffs. Even with the revised rates that were lowered last month,…
Germany to retain Commerzbank shares as bank strives for independence
Germany has made it clear that it will hold onto its remaining shares in Commerzbank for the foreseeable future, affirming that the bank’s strategy remains focused on maintaining its independence.…
Morgan Stanley cuts ASML stock rating to ‘Equal-weight’: is it time to sell?
Morgan Stanley downgraded ASML Holding NV (NASDAQ: ASML) on September 20 by cutting the stock’s rating from Overweight to Equal-weight. The firm also revised its price target for ASML to…
Time to buy cheap Wayfair stock as Fed starts cutting rates?
Wayfair (W) stock price has remained under pressure in the past few years as concerns about weak consumer spending remain. It was trading at $52.67 on Friday, down by over…
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…
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…
EU announces €35 billion loan to Ukraine as part of G7 aid plan
European Commission President Ursula von der Leyen travelled to Kyiv on Friday to announce a €35 billion loan for Ukraine, marking a significant step in the G7’s broader $50 billion…