ServiceNow has shed a quarter of its value while software stocks bleed out across the sector, yet one Wall Street analyst just slapped an outlier target on it that implies an 82% surge from here. The bull case and the…
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Morgan Stanley controls a rare built-in sales channel for its Bitcoin, Ethereum, and Solana ETFs, but staking rewards and fund size create a hidden tension that could push adviser money in a surprising direction.
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Rising crude oil prices have revived concerns over inflation and further increases in interest rates, while US Treasury yields remained near multi-decade highs amid fiscal risks. This kept pressure on gold and silver prices on Wednesday, October 7.
In the global market, gold futures on Comex were trading near $4,165 per ounce,
» Read more about: Gold, silver fall on concerns over rising crude oil prices, interest rates »
As it does every month, the Social Security Administration (SSA) will distribute benefits throughout October to beneficiaries of the Social Security and Supplemental Security Income (SSI) programs.
In most cases, the agency issues one payment per month to each beneficiary. Under certain circumstances, however, some people may receive two or even three payments in the same month.
Founded in 1929, Lord Abbett managed approximately $262 billion in assets as of June 30, 2026. The privately held firm manages assets across equities, fixed income and alternative investments, with fixed income representing the largest portion of its platform. Lord Abbett employs 184 investment professionals, with an average of 18 years of industry experience.
» Read more about: Grab These 3 Lord Abbett Mutual Funds for Outstanding Returns »
Guild says energy prices feed into almost everything, including technology.
Robinhood Strategies sold Exxon Mobil shares to buy EOG Resources.
Retail sentiment on Stocktwits is ‘bearish’ or lower on all five energy names.
Steph Guild,
Personal Finance
oi-Pooja Jaiswar
For the first time in more than 3 years, RBI has brought back the rate hike cycle with a 25 bps increase in the policy repo rate to 5.5% on October 7.
The S&P 500 and the Nasdaq Composite hit record closing highs. The decline in long-term interest rates and expectations for corporate earnings served as factors supporting stock prices.
However, small-cap stocks declined. The key takeaway today is that while large-cap stocks are strong, not all stocks rose in the same way.
Apurv Gupta, founder & CEO, Otto Money, a wealth management platform, says, “The repo rate is the main lever for interest rates in the economy. When the RBI raises it, interest on loans and deposits goes up. Though bond yields increase, existing bond prices fall. All assets, such as equities, gold, and real estate usually move in the opposite direction.
» Read more about: RBI Repo Rate Raised By 25 Bps: What It Means For NPS Subscribers »
NEW YORK — Three of the most closely watched technology stocks in the world are heading into the final stretch of 2026 on very different footing.
Nvidia is closing in on a $6 trillion market value after hitting record highs this week. Tesla is rebounding after a rough year as investors look ahead to its third-quarter results.