The price of Meta has dropped. We investigate the causes to see if this presents a buying opportunity for our portfolio. Near the start of this year, we debated purchasing Meta, the parent company of Facebook (NASDAQ: META). We are relieved that we refrained from doing so. Over the past year, Meta stock has decreased …
Price Of Meta Stock Has Dropped By 66%! Opportunity To Purchase? Read More »
On fears that aggressive U.S. interest rate hikes might force the world’s largest economy into recession, Asian stocks plummeted on Tuesday after Wall Street reached a certified bear market milestone and bond rates touched a two-decade high. The MSCI Asia-Pacific stock index outside of Japan was down 0.9 percent. In early trading, Australia’s S&P/ASX200 (.AXJO) …
Asian Stocks Market Fall As Wall Street Enters A Bear Market Read More »
Asian stocks opened flat on Monday as investors remained cautious ahead of a vital reading on US inflation, while the euro rose against the yen amid expectations that the ECB will take a significant step toward tightening policy this week. MSCI’s broadest Asia-Pacific share index (.MIAPJ0000PUS) was down 0.1 percent, whereas Japan’s Nikkei (.N225) was …
Asian stock markets ready for higher inflation in US, while the euro surged on ECB bets Read More »
On forecasts of a likely pause in US monetary tightening and after an easing of COVID restrictions in China, world stock markets climbed on Monday and the dollar was held near five-week lows. The gains continued on last week’s rise, allowing the MSCI global market index (.MIWD00000PUS) to become positive for the month, as investors …
Global stocks turn positive at the end of May on Fed forecasts Read More »
Nvidia’s Chief Financial officer Colette Kress stated after the company’s fiscal first-quarter numbers were released on Wednesday that the business will slow its hiring and spend more carefully as it deals with a challenging macroeconomic environment. The giant firm’s revenue and earnings surpassed analyst estimates, but the stock plunged more than 10% in extended trade when …
Nvidia stock falls on weak forecast; CFO says it would reduce hiring Read More »
