Prediction: 3 Stocks That'll Be Worth More Than Apple 5 Years From Now
Apple (NASDAQ: AAPL) may be the world’s largest company, with a $3.4 trillion market cap, but that doesn’t mean it will retain that place forever.
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Read MoreStock market today: Trade setup for Nifty 50 to global markets; five stocks to buy or sell on Friday — Oct 11
Stock Market Today: The Nifty 50 index, continuing its consolidation phase, ended with a marginal gain of 0.07% at 24,998.45 on Thursday, October 10. The S&P BSE Sensex also ended with 0.18% gains at 81,611.41.
The Bank Nifty rose 1.07% to 51,530.90 and was well supported by the metal and energy sectors.
Wall Street Breakfast: Disinflation Stalling?
Disinflation stalling?
Is the disinflation trend stalling? The latest Consumer Price Index reading, which came in hotter than expected, and last week’s blowout jobs report have cemented bets that the Federal Reserve will go for a 25-basis-point interest rate cut next month. Some even expect the central bank to pause.
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Read MoreStock market today: Dow, S&P 500, Nasdaq futures tread water with bank earnings on deck
US stock futures on Friday as big US banks got earnings season underway and investors weighed the likely impact of a hot inflation print on Federal Reserve policy.
Dow Jones Industrial Average futures (YM=F) hovered slightly below the flatline, paring deeper premarket losses as big bank financial updates rolled in.
Read MoreHistory Suggests Crypto’s Bullish Momentum Should Continue Into the U.S. Election and Afterwards
- Over the past decade, the average return for bitcoin in the second half of October was twice that of the first half.
- Options markets show a bullish bias for the November and December expirations.
- The impact of the U.S. election would have the greatest effect on dogecoin and Cardano’s ADA.
The Burst
The Ivy
Beware If You Own This Stock
Some stocks were darlings in 2020-21, only to become pariahs in 2022. Look no further than Peloton to see an example of how high a company can fly and how low it can fall. Others have solid business models but now seem to be chasing near impossible year-over-year comps. Best Buy falls into this latter category,
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