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Stock Market Analysis

The European Central Bank has raised interest rates for the 5th time in a row, sticking to its inflation fight

Thu, 02/02/2023 - 08:26

ECB — The European Central Bank raised interest rates by 50 basis points Thursday as it continues its battle against inflation.
Ralph Orlowski/Getty Images

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The stock market just hit a rare trifecta of bullish indicators that suggests big upside this year

Wed, 02/01/2023 - 09:50

trader, NYSE — Xinhua/Wang Ying/ Getty Images

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The massive ChatGPT craze has reached Asia, lifting some Chinese AI stocks up to 60% in just a few weeks

Wed, 02/01/2023 - 07:29

Hand holding ChatGPT open on a smartphone in front of futuristic backdrop of black and white numbers and the outline of a head filled with a star map — China's stock market appears to be buying into the ChatGPT hype, with local AI stocks flourishing.
NurPhoto/Contributor/Getty Images

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Investors are still stuck on hoping for Fed rate cuts but the focus will turn to earnings gloom, Morgan Stanley's top strategist says

Wed, 02/01/2023 - 06:08

mike wilson morgan stanley bloomberg tv — Markets are hooked on the "heroin" of potential Federal Reserve interest rate cuts, according to Morgan Stanley's chief US equity strategist Mike Wilson.
Bloomberg TV

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Elon Musk's 'funding secured' tweet cost investors $12 billion over 10 days, jury reportedly told

Wed, 02/01/2023 - 05:33

Tesla has slashed prices in a bid to sell more cars. — Musk is being sued by Tesla investors who claim they lost out after his cryptic 2018 tweet.
Getty Images

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The US economy is doing better than markets are pricing in so it could well avoid a recession, top strategists say

Tue, 01/31/2023 - 08:36

Tech Insider : Economy

US recession — Alexander Spatari/Getty Images

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Short-seller Jim Chanos warned of a US debt default black swan, slammed Tesla's rally and said bulls have dreamed up a 'nirvana' outlook in a recent interview. Here are his 11 best quotes.

Tue, 01/31/2023 - 08:33

Jim Chanos — Famed short-seller Jim Chanos.
David Orrell/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images

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Meme stock darling Bed Bath & Beyond is ready to file for bankruptcy this week, report says

Tue, 01/31/2023 - 05:04

Customer walks into Bed Bath & Beyond store — Bed Bath & Beyond is preparing to file for bankruptcy as early as this week, according to Reuters.
Michael Santiago/Getty Images

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The stock market is facing a make-or-break week as investors try to hold onto the latest rally amid Fed moves and big-name earnings

Mon, 01/30/2023 - 12:57

NYSE Trader — Lucas Jackson/Reuters

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Tesla's market fortunes are turning round – with Elon Musk's company on track for its best month since 2020 after last year's dismal run

Mon, 01/30/2023 - 10:02

Elon Musk — Tesla is on track for its best month since November 2020, with its share price having surged 44%.
Susan Walsh/AP

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