5291263
📈 All the latest updates on the Stock Market: signals, news, and everything that might move the narrative — all in one place. 😉 We keep an eye on the price; you can just watch us do it. Buy Ads: @JamesCookTg
💵Reddit Becomes Profitable For The First Time In 20 years
The company earned $29.9 million in the quarter. The number of daily users grew to almost 100 million (+47% YoY)
📌Powered by V3V Ventures
💥The Price Of Gold Reached A New Record - $2800
The drivers of the rally have not changed: uncertainty around the US presidential elections and events in the Middle East
📌Powered by V3V Ventures
©The Era Of Zero Interest Rates And Zero Inflation Is Over - CEO Morgan Stanley
September Fed rate cut by 50 bp. – a turning point in the management of the US economy and the Fed's inflation forecasts.
📌Powered by V3V Ventures
🗓 170 companies from S&P 500 report this week (47% of market cap), including Big Tech.
📌Powered by V3V Ventures
🔔Trump Wants To Appoint Elon Musk "Responsible For Government Efficiency"
If Musk gets this position, he could cut the US federal budget by $2 trillion. And if this happens, the event will be the most severe budget austerity since the end of World War II.
📌Powered by V3V Ventures
⚠️Last week, the strongest outflow from Chinese stocks in 9 years was recorded - data from BofA/EPFR
📌Powered by V3V Ventures
⚡️Investors Are Buying Gold At Record Pace Since 2020
Over the past week, investments in gold ETFs increased by $3.2 billion, improving the previous week’s figure by 2.6 times.
📌Powered by V3V Ventures
🗓 KEY EVENTS THIS WEEK
⏺Monday, October 28
US - Dallas Fed Mfg Business Index
⏺Tuesday, October 29
US - Consumer Confidence
⏺Wednesday, October 30
Eurozone, US - GDP Q3
⏺Thursday, October 31
China - Manufacturing PMI
Bank of Japan - Rate Decision
Eurozone - CPI
⏺Friday, November 1
US, China - Manufacturing PMI
US - Non-Farm Payrolls
📌Powered by V3V Ventures
📈 Shares of Deckers Outdoor, the maker of popular footwear brands like Hoka and Ugg, surged 10% after the company leapfrogged past estimates in its fiscal Q2 earnings report.
📌Powered by V3V Ventures
Alibaba has agreed to pay $433.5 million to settle a lawsuit in US filed by investors accusing the e-commerce giant of monopolistic practices.
📌Powered by V3V Ventures
💵US Money Market Funds See Big Inflows As Election Approaches
Amid uncertainty surrounding the US presidential election and a revision to the Fed rate outlook, investors flocked to safe haven assets, leading to significant flows into money market funds in the week ending October 23
📌Powered by V3V Ventures
⚡️Nvidia Shares Have More Than Doubled The Decline of 128 SP500 Stocks This Year
The company accounts for $2.2 trillion of the $9.3 trillion in SP500 capitalization growth this year
📌Powered by V3V Ventures
🔼Palladium Price Increased By 10% And For The First Time In Ten Months Reached $1170/ounce
Market participants reacted to the US proposal to limit the export of palladium from Russia, which is the largest producer.
📌Powered by V3V Ventures
📈Magnificent Seven index rises to highest since July, helped by 20% rally in Tesla shares
📌Powered by V3V Ventures
📉South Korean consumer electronics giant LG Electronics' net profit fell sharply in Q3 due to rising logistics costs and higher raw material prices
📌Powered by V3V Ventures
💸TikTok Founder Is Now China's Richest Man
Zhang Yiming, co-founder of TikTok's parent company ByteDance, is worth $49.3 billion. Zhang's rise comes as ByteDance's global revenue rose 30% last year to $110 billion
📌Powered by V3V Ventures
⚠️EU Will Continue To Impose Restrictions On Chinese Electric Cars After Negotiations Fail
The tariff rate will be 35.3% in addition to the base duty of 10%.
📌Powered by V3V Ventures
☄️The World Bank Predicts That Oil Prices Will Fall To A 5-year Low In 2025
The glut is so large that it will likely limit the price impacts of even a broader conflict in the Middle East. In 2025, oil supply is expected to exceed demand by an average of 1.2 million barrels per day.
📌Powered by V3V Ventures
⚡️Chinese Luxury Cars Threaten Mercedes And Porsche Sales In Europe
Mercedes-Benz Group AG and Porsche AG were once the benchmarks of automotive excellence, but falling sales and profits highlight how even the lucrative segment of the upscale auto market is being weighed down by China.
📌Powered by V3V Ventures
⚡️Robinhood Begins Accepting Bets On US Election Predictions
Starting Monday, October 28, investors can start buying trade contracts related to voting for Kamala Harris or Donald Trump
📌Powered by V3V Ventures
📉 Indian Rupee Hits Historic Low Against US Dollar
The rise in dollar and yields is due to the increased likelihood of Donald Trump winning the presidential election and stable US economic indicators.
📌Powered by V3V Ventures
🔽Oil opened with a gap down almost 5% after Iran reported that Israeli strikes only affected the military structure and did not affect oil facilities.
📌Powered by V3V Ventures
🗓 Corporate Earnings Season Continues In the US
So far, 37% of SP500 companies have reported. Of these, 75% beat EPS expectations, below the 5-year average of 77% and on par with the 10-year average of 75%.
📌Powered by V3V Ventures
⚠️Boeing Questions The Future Of The Iconic Starliner Space Program
Boeing's new CEO, Kelly Ortberg, is evaluating the company's portfolio to raise funds, weed out underperforming units and save the company from crisis. A review of the Starliner program signals that Boeing may wind down or sell an operation marred by years of disruption with cost overruns and delays of more than $1.8 billion.
📌Powered by V3V Ventures
🔽Newmont Shares Fall By The Most In More Than 25 Years
Shares of the world's largest gold mining company Newmont lost 16% due to disappointing earnings. The company did not meet analysts' expectations for either revenue or profit, despite gold prices breaking records.
📌Powered by V3V Ventures
🔼Spirit Airlines Shares Jump 15% On Company Plans To Sell Planes
Spirit Airlines intends to sell 23 old Airbus aircraft to GA Telesis, which is engaged in the maintenance of aircraft equipment. This measure will bring it $519 million.
📌Powered by V3V Ventures
⚠️Hedge funds actively sold Chinese stocks and bought US stocks in October ahead of the US elections - GS
📌Powered by V3V Ventures
💥Trump is considering eliminating income taxes for all Americans - NYT
📌Powered by V3V Ventures
⚡️Average US 30-year Mortgage Rates Rise For Four Weeks In A Row
Average interest rate on 30-year home loans increased 10 basis points last week to 6.54%. At the current average, monthly payments on a $600,000 mortgage would be approximately $3,808.
📌Powered by V3V Ventures
💵October Will Be The Best Month In 2 Years For US Dollar
Dollar's rise this month comes largely as markets increasingly bet on Trump winning the US presidential election
📌Powered by V3V Ventures