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Why did the Nasdaq Index fall 5% on Thursday?

The Nasdaq Composite Index, the benchmark for technology stocks in the US, fell to its lowest level since November 2020 on Thursday, May 5, which can be attributed to a number of factors, including lacklustre earnings from e-commerce firms like...
nfts nt

What publicly listed companies are dipping their toes in NFTs?

Over the past two decades since the dot-com boom in the late 1990s that eventually led to the dot-com bubble in the year 2000, several new tech-investing trends have emerged, including artificial intelligence, blockchain technology, cryptocurrencies and -- most recently...
BOJ Japanese yen

How much of the Japanese stock market does the BOJ own?

The Bank of Japan (BOJ), unlike any of its peers, has become a huge player in the country’s stock market. What began as a monetary policy experiment has turned into what some economists describe as a caveat for policymakers about...
global

Are these global companies on the right side of history?

Despite a global boycott of Russia and an international condemnation of the Kremlin’s actions against Ukraine, some multinationals have dismissed demands to exit or scale down their presence in Russia for various reasons and choosing to continue business-as-usual. The conflict...
twitter earnings

What you need to know to trade Twitter ahead of Thursday’s earnings

Twitter (NYSE:TWTR) is set to announce its first-quarter earnings results on Thursday and some analysts expect the microblogging platform to again incur losses on the back of its increased infrastructure and marketing spending amid tight competition. The company, once among...
Inflation and tech earnings

Inflation and tech earnings set to rattle many markets next week

Next week, the largest market events will centre on inflation, with Australia and the European Area updating the market as to their respective rising consumer prices. Australia's quarterly inflation report is due this coming Wednesday. The country has been curiously...
Quantitative Tightening

What does Quantitative Tightening mean for stocks and the USD?

In its most recent policy meeting in March, the US Federal Reserve hinted at plans to shrink its balance sheet at a rapid pace of $95 billion per month, its latest attempt to tame red-hot inflation in addition to its...
Pinterest

Breaking down AT&T’s stock after WarnerMedia spin-off

Nearly four years after fighting a hard battle to acquire WarnerMedia and accelerating its foray into the media business, AT&T (NYSE:T) has gone back to its roots to focus on being a telecommunications company. On April 8, AT&T completed the...
musk twitter nt

What does Elon Musk want out of his Twitter stake?

After being a staunch critic of Twitter for years, Elon Musk has acquired a 9.2% stake in the company for an estimated $2.9 billion in a deal that is widely seen as an attempt to shake things up at the...
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