Category Archive: Finance, No picture
Is Bank Of America Stock A Buy After Q3 Earnings?
Image Source: Pexels Banks have performed better than anticipated so far in the third quarter, and that includes Bank of America (NYSE: BAC).The nation’s second largest bank topped revenue estimates in the quarter, bringing in $25.3 billion in income. That was up less slightly from $25.2 billion in the same quarter a year ago. It also beat consensus estimates […]
Elon Musk donated $75M to his pro-Trump super PAC in Q3
Key Takeaways Elon Musk’s $75 million donation to America PAC fuels Trump’s battleground strategy ahead of the 2024 election. Trump previously hinted at a potential cabinet role for Musk, sparking speculation about his influence in a second term. Share this article Tesla CEO and billionaire Elon Musk has cemented his role as a significant force […]
Bitcoin Finally Breaks Above Falling Wedge Pattern – Here’s The Next Target
Image Source: Unsplash Bitcoin has seen a significant price movement today, reaching a high of $67,803, breaking above a descending falling wedge pattern on the daily chart.While this breakout has captured attention, Bitcoin is yet to close a daily candle above this resistance, which would confirm the breakout as successful.Regardless, this development has sparked fresh analyses from […]
Marc Andreessen’s Bitcoin gift to AI bot propels meme coin to $300 million valuation
Key Takeaways Truth Terminal, a viral AI bot, endorses GOAT memecoin, sending its market cap soaring from $5,000 to $300 million in just five days. An anonymous party issued GOAT for under $2 on Solana’s Pump.Fun before the AI bot’s memetic influence fueled a rapid rise to $300 million. Share this article Truth Terminal, an […]
Reinflate The Metals – Manic Metals Report
Image Source: Unsplash Metals are making a comeback after the China inspired meltdown. Even with talk of more massive economic stimulus being touted by China, the street believes that this is too little/too late and they want to see more. Yet gold is listening to some Fed officials. Barrons reported that’ The US Federal Reserve should […]
Market Update: Mixed U.S. Stock Performance Amid Earnings, Economic Data, And Fed Policy Outlook
Image Source: Unsplash Wednesday was a mixed day for US stocks, with some balanced behavior among major indices. The S&P 500’s volatility around the flatline, combined with a slight decline in the Nasdaq and gains for the Dow Jones, reflects ongoing investor caution amidst recent earnings reports and sector-specific performance. Key highlights include positive earnings results […]
United Airlines CEO Scott Kirby On Q3 Results, Impact Of Boeing Strike And Route Expansion
Image Source: Pexels CNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join ‘Squawk Box’ to discuss the airline’s quarterly earnings results, Q4 outlook, impact of Boeing strike, the company’s share buyback program, state of negotiations with flight attendant’s union, and more.Video Length: 00:05:29More By This Author:Citigroup Earnings Top Estimates, Boosted By Investment Banking Moderna CEO […]
Target Corp: Chart Analysis
Image Source: Unsplash Good morning everyone. Happy Wednesday. It’s time for our chart of the week, and this week we’re going to be focusing on big retailer Target; TGT is the symbol. So let’s take a look at this one here.As you’ll notice from back in August, the stock had a nice drop here in the […]
US Dollar Extends Rally After Trump Promises More Tariffs
Image Source: Pexels The US Dollar gets propped up and flirts with a fresh two-month high. Traders are adding to more bets on a Trump win for a second day in a row. The US Dollar Index breaks above a key level on its way to 104.00. The US Dollar (USD) extends gains on Wednesday […]
Bitcoin surpasses $68,000, on track to break record high
Key Takeaways Bitcoin has surged to $68,000, only 8% away from its record high. Analysts suggest that once Bitcoin’s dominance declines, altseason will kick off. Share this article Bitcoin broke through the $68,000 price level during the early hours of Wednesday, and is only 8% away from its all-time high of $73,000, according to data […]
