(Bloomberg) — A dramatic rebound in clean-tech stocks has investors in the green economy hoping they can finally turn the page on years of punishing underperformance.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated.
“Job gains have slowed this year, and the unemployment rate has edged up but remained low through August,” the Fed said in a statement issued Wednesday.
» Read more about: Federal Reserve cuts key rate as government shutdown clouds economic outlook »
NSD (TSE:9759) reported a net profit margin of 10.9%, up from 10.4% last year, as earnings grew by 14%, edging out its own five-year average of 13.3% annual gains. Revenue and earnings are both forecast to grow faster than the Japanese market, supported by a history of rising profitability and stable margin improvement.
Sequoia Capital announced on Monday two new early-stage funds worth a combined $950 million, aimed at backing young startups worldwide building technologies that could evolve into the next Amazon (NASDAQ:AMZN) of the AI era.
The new funds include a $750 million venture vehicle for Series A companies and a $200 million seed fund,
(Bloomberg) — Nvidia Corp. made history last week when it became the first company ever to have a market value of $5 trillion. But that’s just one way it’s casting a shadow over the global economy.
» Read more about: Nvidia Is Worth $5 Trillion. Here’s What It Means for the Market »
Amazon has multiple strong economic moats.
Its cloud and e-commerce businesses have tremendous growth prospects.
» Read more about: 5 Reasons to Buy Amazon Stock Like There's No Tomorrow »
The Trump economy is marked by tax cuts,
» Read more about: 3 Safest Investments To Hold In The Current Trump Economy »
BlockDAG (BDAG) is one of the top bullish cryptos to buy now that is about to switch the technology, which is going to redefine the whole blockchain scalability and accessibility thing. It has gradually been selling an entire 4.5 billion coins for a total of $0.005 in Batch 32,
Exact Sciences’ most important product is driving solid revenue growth.
It has launched several others that could help boost sales and jolt the stock.
» Read more about: Should You Buy Exact Sciences Stock Before Nov. 3? »
(Bloomberg) — Donald Trump’s re-election was supposed to deliver a booming stock market. It’s done that, just not for the reasons prognosticators anticipated.
The S&P 500 Index has surged 18% since Trump’s Nov. 5 win, ending October on a six-month winning streak and at an all-time high.
» Read more about: AI Rally and Volatility Define Stock Run Since Trump’s Return »
