Tesla has recently announced a reduction in the prices of its electric vehicles (EVs) for the US market. The strategic move aims to increase demand and maintain the company’s leading position in the rapidly growing electric vehicle industry. In this article, we will discuss the details of the price cuts, their potential impact on the…
As we dive into the upcoming week, several key events and economic indicators will impact the global markets. This comprehensive guide will explore the top five market developments to watch in the week ahead and provide valuable insights to help you make informed investment decisions. 1. Federal Reserve Minutes Release One of the week’s most…
The upcoming week is set to be a busy one for investors and market watchers alike. Critical data is expected, including the monthly U.S. nonfarm payrolls report, the start of Q2 for equity markets, and interest rate decisions from central banks in Australia and New Zealand. The U.S. Labor Market Investors will be keeping a…
At 10:28 ET (14:28 GMT), the Dow Jones Industrial Average increased by 0.6%, or 203 points, as investors shifted their attention to the Federal Reserve’s future decision on interest rates scheduled for Wednesday afternoon. The S&P 500 and the NASDAQ Composite also rose by 0.7% and 0.6%, respectively. After the recent rescue of Credit Suisse…
1) Developments in the Bank Crisis The most prominent American bank to fail since the global financial crisis of 2008 happened last Friday. This had a significant effect on the tech industry. Since then, other regional American banks have encountered issues, while in Europe, Credit Suisse narrowly escaped a serious danger. The bank crisis…
Stocks to watch in premarket trading on Friday, March 17th. Keep checking for updates. First Republic Bank (NYSE:FRC) shares dropped 13% as the regional bank continued facing challenges, despite a $30 billion deposit from major banks as a show of support. FedEx (NYSE:FDX) shares surged 11% after the company raised its guidance following impressive third-quarter earnings, beating expectations due…