Wall Street's ‘Hot Commie Summer’ Becomes Reality as Mamdani Takes NYC – Elite Scramble to Make Peace
Despite growing openness, Bloomberg pointed out persistent concerns among business leaders , including Mamdani’s criticism of Israel, which some executives say he will need to address amid rising antisemitism in the city.
Wall Street’s warnings of a “hot commie summer” have given way to a measured tone of cooperation after democratic socialist Zohran Mamdani secured a decisive victory in the New York City mayoral election,
Read MoreShould you invest in Groww IPO?
Synopsis
The buzz around the Lenskart IPO and Groww’s upcoming listing highlight India’s deepening retail investor culture.
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Read MoreStock indexes slip as tech sees losses
NEW YORK — Stocks fell on Wall Street on Tuesday, pulled down by losses in the same big tech companies that have been the main drivers of the market’s rally so far this year.
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Read MoreTech and chip stocks tumble across Asia as investors rethink the AI boom
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Asia is caught in Wall Street’s storm as the global tech rout deepens.
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Read MoreStock Market Live November 6: S&P 500 (VOO) Still Rising in the Face of Heavy U.S. Job Losses
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- Challenger, Gray & Christmas estimates October layoffs by U.S. employers totaled 153,074.
- Supreme Court appeal suggests Trump tariffs may need to be rolled back.
The Burst
How To Trade When Markets Hit All-time Highs
With the market near all-time highs, buying stocks can look like a worrisome proposition and it’s no surprise that many investors feel more comfortable sitting on the sidelines.
Staying out of the market entirely, though, presents an opportunity cost in the form of lost potential returns. So, just what can investors worried about the market’s performance and potential volatility do to limit their risks while still putting their money to work for them?
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Read MoreThe Ivy
The Danger Is Still High, Here’s Why
After a face-ripping rally Wednesday, markets took a breather yesterday. Futures were pointing lower, which, frankly, wasn’t all that surprising given how sharply things ripped higher.
But while some have pointed to a bottom, the reality is the danger is still high. Look no further than how the rally failed at the downtrending resistance line.
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Read MoreThe Spotlight
Spotlight: 1 Gaming Stock The Kids Flocked To
While investors are paying attention to Presidential debates, global conflicts, and inflation, kids have their attention somewhere else, and for many adults an opportunity lies unearthed as a result.
Roblox is a gaming platform that has resonated with kids, teens and young adults in particular. While revenues absolutely mushroomed higher during the 2020-21 period for obvious reasons,
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