US business activity gauge rises to 31-month high in November
WASHINGTON (Reuters) – A measure of U.S. business activity raced to a 31-month high in November, boosted by hopes for lower interest rates and more business-friendly policies from President-elect Donald Trump’s administration next year.
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Read More3 ETFs With PLTR Exposure To Consider As Nasdaq-100 Rebalance Looms
Palantir Technologies Inc. PLTR is making a big move from the NYSE to the Nasdaq Global Select Market, effective Nov. 26.
Could this be a step toward a future inclusion in the Nasdaq-100 Index?
Investors are now watching the stock’s exposure in exchange-traded funds (ETFs),
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Read More3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off
It’s no secret that the major market indices have been hitting new highs. Investors feel optimistic over the recently concluded presidential election amid news of a healthy economy.
However, unexpected bad news could trigger a sharp and sudden sell-off. Investors need to understand that such sell-offs are normal in the stock market. Rather than feeling surprised,
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Read MoreStock market today: Indexes rise and dollar gains as stock investors head for a winning week
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- US stocks were up on Friday as the market headed for a weekly gain.
- The US dollar, meanwhile, surged to its highest since November 2022.
- Earnings season has nearly concluded with 77% of S&P 500 firms beating third-quarter profit estimates.
The Burst
Time to Buy Black Gold?
In spite of recent volatility, energy stocks have historically provided strong returns during periods of crude oil price recovery. With crude oil prices nearing the lower end of their range and a bullish shift in fundamentals, is now the time to begin long positions in the energy sector?
Crude oil is approaching the $70 per barrel mark,
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Read MoreThe Ivy
Is Crowdstrike a Risky Buy or a Golden Opportunity?
Crowdstrike at this moment in time is the epitome of what makes investing challenging. The blackout experienced around the world due to an error in code left the reputation of the cybersecurity firm in tatters.
The company now faces two major hurdles to win back customer confidence. First, it has to win back the confidence of its clients and secondly it has to resolve the liabilities that may follow the global outage.
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Read MoreThe Spotlight
Spotlight: Billionaire Loads Up on Unlikely Stock
You may not be familiar with Global Blue but it’s certainly grabbed the attention of the investment team at Third Point, run by billionaire Dan Loeb, who have got excited about it and understandably so when you peel back the covers.
The company specializes in tax-free shopping but it’s expanding into financial technology services,
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