[ad_1] Crypto analyst Benjamin Cowen anticipates that Bitcoin BTC/USD will maintain its dominance over altcoins until there are alterations in the US monetary policy. What Happened: In a video post on Wednesday, Cowen communicated his insights to his 892,000 YouTube subscribers. He anticipates that the total market cap of altcoins, excluding Bitcoin and Ethereum, will persist in […]
Bill Ackman Blames ‘Forced Selling’ By Leveraged Traders For…
[ad_1] Billionaire investor Bill Ackman has attributed the recent dramatic volatility across rates, currencies, and equities to “forced selling” by highly leveraged market participants, rather than fundamental economic shifts. What Happened: In an X post, Ackman argued that investors and market commentators are overinterpreting short-term market movements, mistaking technical liquidations for signals of underlying economic […]
Rogers Scores $5 Billion Blackstone Deal To Cut Debt, Unlock…
[ad_1] Rogers Communications Inc. RCI said on Friday it has entered into an agreement to receive a 7 billion Canadian dollars (~$5 billion) equity investment from funds managed by Blackstone Inc BX, supported by several Canadian institutional investors. The deal gives Blackstone a minority stake in a newly formed Rogers subsidiary tied to a portion […]
Elon Musk’s Tesla At Risk Of Being Removed From EV Incentive…
[ad_1] In a bid to protect its automotive industry, the United Kingdom is actively negotiating with Washington to secure an exemption from impending U.S. auto tariffs. The 25% tariffs, announced by U.S. President Donald Trump, are scheduled to come into effect on April 3. What Happened: Finance Minister Rachel Reeves has underscored the critical nature […]
Top 2 Energy Stocks That May Collapse In Q1 – KNOT Offshore …
[ad_1] As of March 21, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices […]
Ulta Beauty Analysts Slash Their Forecasts After Q4 Results …
[ad_1] Ulta Beauty, Inc. ULTA reported stronger-than-expected fourth-quarter financial results on Thursday. Ulta Beauty reported fourth-quarter revenue of $3.49 billion, beating the consensus estimate of $3.46 billion. The specialty beauty retailer reported fourth-quarter earnings of $8.46 per share, beating analyst estimates of $7.14 per share, according to Benzinga Pro. “I am incredibly optimistic about the […]
Goldman Sachs Cuts Earnings Growth Outlook, Sees Investors M…
[ad_1] David Kostin, the Chief U.S. Equity Strategist of Goldman Sachs, has revised his earnings growth forecast, citing a weaker economic outlook, and highlighted a shift in market trends. What Happened: On CNBC’s ‘Squawk on the Street’, Kostin discussed his revised earnings growth forecast and market trends. Initially projected at 11%, the earnings growth forecast for 2025 […]
Synopsys Q1 Profit Tops Estimates, Sees Strong AI-Fueled Chi…
[ad_1] Synopsys Inc SNPS shares are trading higher premarket reported first-quarter financial results after the market close on Wednesday. Revenue: $1.455 billion missed the estimates of $1.466 billion. Adjusted EPS: $3.03 beat the street view of $2.84. Gross profit declined to $1.185 billion from $1.232 billion a year ago quarter and the operating income declined to $251.8 million from $352.6 million in […]
Global Markets Mixed, Dollar Dips As Traders React To Trump’…
[ad_1] On Wednesday, February 19th, U.S. markets closed higher, with the S&P 500 reaching a second consecutive record high as investors examined Fed meeting minutes and Trump’s proposed tariffs. The Fed held rates steady but voiced concerns over inflation and trade policies. Trump announced 25% tariffs on autos, semiconductors, and pharmaceuticals. According to economic data, […]
Asia Ex-India And Europe Markets Advance, Gold Retreats From…
[ad_1] On Tuesday, February 11, U.S. markets closed mixed, with gains in Coca-Cola and Apple countering Tesla’s decline. Fed Chair Powell signaled no urgency for rate cuts, citing a strong economy. Investors monitored potential new tariffs after Trump raised steel and aluminum levies. Heightened uncertainty points to increased market volatility. Related: Tesla Stock Is Tumbling […]