The company is still impressing investors and professional DLocal-watchers several weeks after its latest quarterly earnings release.
Up-and-coming fintech DLocal (DLO 3.28%) emerged a little more on Tuesday, thanks to an analyst’s price target increase. Investors seemed to agree with the move,
» Read more about: Why DLocal Stock Topped the Market on Tuesday »
This change raises an important question—will this affect how small investors approach REITs? Should they invest directly or via mutual funds?
At first glance, the move seems significant. With the broader allocation limit, hybrid equity funds like balanced advantage funds, flexi-cap funds, and multi-asset allocation funds may increase their REIT exposure.
» Read more about: Mutual funds can now invest more in REITs—what should small investors do? »
The Federal Open Market Committee of the Federal Reserve began two days of meetings Tuesday, with the group expected to approve lowering interest rates.
This week’s gathering comes as a court rejected President Donald Trump’s bid to remove Commissioner Lisa Cook from the board after he accused her of committing mortgage fraud.
» Read more about: Federal Reserve poised to lower interest rates amid slowing job growth »
Explainer: Federal Reserve’s expected interest rate cut
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Economists expect the Federal Reserve to announce a 0.25% interest rate cut at the conclusion of its two-day meeting this week.
» Read more about: Explainer: Federal Reserve's expected interest rate cut »
Geoff Bennett:
The Federal Reserve is widely expected to cut its benchmark interest rate by a quarter-of-a-point when it meets tomorrow, the first time it has cut rates in about a year.
But the meeting has also been described by those who watch the Fed as the strangest and most unprecedented meeting in many years.
» Read more about: What makes this week’s Federal Reserve meeting unprecedented »
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!
AI is eating the world—and the machines behind it are ravenous.
Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy.
» Read more about: Wall Street Bullish on Keurig Dr Pepper (KDP), Here’s Why »
By MICHELLE CHAPMAN, Associated Press Business Writer
Tesla’s stock is climbing Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion.
Shares of the electric vehicle maker rose more than 5% in morning trading.
Musk purchased various amounts of shares at different prices on Friday,
» Read more about: Tesla’s stock is rising as Elon Musk buys more than 2.5M shares worth about $1B »
One Wall Street firm nearly doubled its price target on Bloom Energy.
Bloom Energy (BE 9.38%) stock has been on fire. Shares of the fuel cell maker have rocketed more than 600% in the last year. That includes more than tripling in the past three months,
» Read more about: Why Bloom Energy Stock Hit an All-Time High Today »
NEW YORK — U.S. stocks edged back from their record heights Tuesday as the countdown ticked toward what Wall Street expects will be the first cut of the year to interest rates by the Federal Reserve.
The Standard & Poor’s 500 index fell 0.1% from its latest all-time high.
» Read more about: Wall Street edges back from its record heights »