March 15, 2024
European Daily Market Review
A European markets partly advanced today as investors reviewed U.S. inflation data. European stocks markets are in their eighth consecutive week of rallies, the longest since 2018. The markets are boosted by predictions thatby conviction that euro interest rates could tumble in the coming months. The German DAX inclined 45.28 or 0.25% from 17,987.The French […]
Read More
March 14, 2024
Microsoft Adding To Its Generative AI Product Line
Shares of Microsoft were at the top of the Dow Industrials on Thursday, hitting a new all-time high and adding 2.4% by the close. The rally came as the company announced it will be releasing Copilot for Security, an AI tool to help businesses fight cybersecurity attacks, on April 1 this year. Gains came despite […]
Read More
March 13, 2024
Oil Rallies On U.S. Drawdown And Attacks On Russian Refineries
Crude oil prices were up nearly 3% on Wednesday, reaching a four-month high after data showed a larger than expected drop in U.S. crude and gasoline inventories. Also spurring gains for the market was news of attacks on Russian refineries by Ukraine forces, with at least one Rosneft plant damaged. The global benchmark Brent crude […]
Read More
March 12, 2024
Cloud Infrastructure Provider Oracle Rallies On Earnings Beat
One of the lesser talked out tech companies rallied on Tuesday, leading the market higher after reporting better than expected third fiscal quarter earnings. The stock we’re referring to is Oracle, a cloud services platform and the third largest software company in the world by revenue. Shares jumped 11.8% higher in Tuesday’s session, reaching a […]
Read More
March 1, 2024
Asian Daily Market Review
Asian market closed mixed following overnight gains on Wall Street that sent the S&P 500 and Nasdaq both to new record levels. Markets in Japan and Australia also hit their own new record highs as investors are betting on lower interest rates coming. The latest optimism was sparked by U.S. PCE inflation data for January, […]
Read More
March 1, 2024
U.S. Daily Market Review
The Nasdaq Composite jumped to an all-time peak today, rallying over its 2021 record. Stocks advanced even as troubled regional bank New York Community Bancorp dropped 25.9% after the bank reported a leadership change and disclosed issues with its internal controls. In March Wall Street as stocks set new records, boosted by a promising inflation […]
Read More
