Week in Review

This week, the three major U.S. stock market indices jointly reached new record highs, driven by investors’ enthusiasm for AI-related investments and expectations for upcoming Fed rate cuts. The U.S. economy continues to exceed growth expectations, driven by strong spending, and as inflation...

The past week saw a flurry of activity in the world of artificial intelligence, with groundbreaking gadgets unveiled at CES 2024, corporate heavyweights investing billions in AI tech, and industry leaders sharing their vision for a future dominated by AI. Here’s a recap of the top stories...

The cryptocurrency world was anything but dull this week. Major developments, from a surge in Shiba Inu whale transactions to significant liquidations of long crypto positions, kept the market on its toes. Meanwhile, former President Donald Trump pledged his stance against Central Bank Digital...

The Federal Reserve maintained interest rates Wednesday at the 5.25%-5.5% range in its last meeting of the year. At the same time, the Fed also signaled a willingness to begin reducing the cost of borrowing money in 2024. Fed Chair Jerome Powell stated interest rates are “likely at or near...

The U.S. stock market managed to close its sixth straight week of gains, with the S&P 500 Index closing the week at highest level since January 2022. Market sentiment continues to be shaped by the anticipation of Federal Reserve interest rate cuts in 2024. Yet the euphoria surrounding these...

Wall Street marked its fourth consecutive week in the green, despite reduced investor activity during the Thanksgiving holiday week. The major U.S. stock indices are steadily approaching their all-time highs: The S&P 500 index is now just 6% away from its January 2022 peak of 4,818, while the...

Stock markets have notched their third successive week of gains, buoyed by inflation data falling short of forecasts. The Fed futures market anticipates four rate cuts in 2024. Small-cap stocks, as tracked by the iShares Russell 2000 ETF (NYSE:IWM), stand out as the outperformers for the week. They...

It’s been an eventful week in the world of cryptocurrencies. Analysts are predicting a potential surge in Dogecoin’s value while Bitcoin continues to rally, thanks to increasing interest in Bitcoin Spot ETFs. Additionally, BlackRock is hopeful about the approval of its Bitcoin ETF. Let...

This week has seen significant market movement, with top figures like Cathie Wood, Peter Schiff, and Jerome Powell making notable remarks. Additionally, Moody’s downgraded the U.S. outlook, and renowned economist Mohamed El-Erian discussed inflation’s impact on the Biden administration...

As the week unfolded, the political landscape was anything but quiet. From Donald Trump‘s ambitious deportation pledge to Marjorie Taylor Greene‘s successful bid to slash Pete Buttigieg‘s salary. Meanwhile, Elon Musk voiced concerns over censorship, Andy Beshear clinched re-...

The week was a flurry of news, with legal developments concerning Donald Trump and his organization, eye-catching assertions from Jared Kushner, and updates on global political and economic issues. Here’s a recap of the major stories. Trump’s Fraud Trial Takes Surprise Turn...

As the week wraps up, let’s take a look back at some of the major stories that hit the crypto world. From a high-profile conviction to a billionaire’s skeptical views on NFTs, it’s safe to say it’s been a rollercoaster of a week. Ex-FTX CEO Sam Bankman-Fried Convicted of...

This week has been a rollercoaster of developments in the world of artificial intelligence (AI), with Elon Musk taking center stage. From his comments on President Biden’s AI regulations to his new AI venture, xAI, the Tesla Inc.CEO has kept everyone on their toes. On the political...

The past week witnessed Cupertino-based tech giant Apple Inc. (NASDAQ:AAPL) making headlines with various developments. From ambitious strides in generative artificial intelligence to a major TV app overhaul for streaming dominance, Apple is taking its innovation game up a notch. With the analyst...

As we wrap up another eventful weekend, the investment world was abuzz with fresh insights and predictions. The week was highlighted by Chamath Palihapitiya’s views on the US economy, a robust Q3 GDP report, dire warnings from economist Peter Schiff, and more. Let’s take...