December S&P E-mini futures: Inflation has come down and the Fed is lowering rates. The long standing 6000 target has been reached but an extension up to 6136 and maybe to 6380 is likely. QQQ: Support is 488. Resistance is 525. TNX (ten year note yield): The 3.75% level is support. A swing up to…
BluePointe Capital Management LLC lessened its stake in Blue Owl Capital Co. (NYSE:OBDC – Free Report) by 28.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 129,573 shares of the company’s stock after selling 52,681 Source link
China has prepared effective countermeasures in case the trade standoff with the United States intensifies under the leadership of new President Donald Trump. During Trump’s first term, Beijing was not prepared for Washington’s tough moves, including the imposition of increased tariffs and tighter controls on Chinese investments. However, over the past eight years, China has…
by Calculated Risk on 11/15/2024 08:30:00 AM On a monthly basis, retail sales increased 0.4% from September to October (seasonally adjusted), and sales were up 2.8 percent from October 2023. From the Census Bureau report: Advance estimates of U.S. retail and food services sales for October 2024, adjusted for seasonal variation and holiday and trading-day…
By Aditya Soni and Jaspreet Singh (Reuters) – Bob Iger returned to Walt Disney (NYSE:) as CEO in 2022 with a bold promise of making streaming profitable. The latest quarterly results have shown signs of a turnaround at the storied media company, suggesting that Iger may be getting the House of Mickey Mouse in order…
The tech sector, once a powerhouse of growth and high-paying jobs, has seen a dramatic shift, with many leading firms cutting thousands of positions. Companies such as Microsoft Corporation (MSFT), Meta Platforms (META), Amazon.com (AMZN), and Alphabet Inc. (GOOGL) have scaled back their workforce to streamline operations amid a challenging economic environment. Salesforce, Inc. (CRM),…
November 15, 2024November 15, 2024 Jefferies reports that the US-China trade war under Trump 2.0 may ease if China relocates some manufacturing units to the US. Jefferies suggests that China could negotiate a new deal with the US under Trump 2.0, potentially agreeing to shift…
November 15, 2024November 15, 2024 Finance Minister Nirmala Sitharaman will meet with her state counterparts for the 55th meeting of the GST Council on 21 December. At the meeting, state finance ministers will share their proposals for the 2025-26 Budget, which is scheduled to be presented on 1 February…
November 15, 2024November 15, 2024 About C2C Advanced Systems IPO C2C Advanced Systems is set to roll out a Rs 99.07 crore book. It will comprise entirely a fresh issue of 43.84 lakh shares. The company is preparing to make its debut on NSE SME. Retail investors need to…
November 15, 2024November 15, 2024 John T. Chambers, ex-Cisco chairman, predicts India will soon become the top global economy, highlighting its AI, defence, and job-creation potential at the CNBC-TV18 Global Leadership Summit. John Chambers predicts India will become the world’s top and fastest-growing economy, driven by its 1.4 billion…