Nasdaq briefly halted trading for Trump Media & Technology Group (DJT) today due to extreme volatility. The parent company of Truth Social has been enjoying significant momentum so far this week following Donald Trump’s Madison Square Garden rally. While trading has since resumed, it is clear ...
Traders cheered the company's first U.S. sale, which prompted a rally in shares today. Image source: TransEnterix. Now what It might seem crazy to think that a company's stock deserves to rally from the news of a single sale, but in TransEnterix's case, the market's reaction appear...
Consider this. KO stock almost always has a higher forward price-earnings multiple than Pepsi stock. But the divergence between the forward multiples of KO and PEP s is currently at a multi-year high. Whenever the difference between the forward P/E multiples of the two stocks is above two(...
Stock Market Today See all videos 20:02 Nasdaq Jumps As Rally Gains Traction: Penumbra, CrowdStrike, TTWO In Focus 18:31 Stocks Extend Bullish Gains: Stride, Howmet, Boston Scientific In Focus 18:57 Bullish Market Rebound; Spotify, BellRing Brands, Tesla Rival BYD In F...
Of course, the natural question to ask here is: Will the stock market sustain this rally once the next U.S. President is announced? Will a Trump or Biden victory help or hurt stocks? To be frank, it looks like the stock market doesn’t really care who wins the White Hou...
“Inflation is kryptonite to valuations,” he says.“If you go back to a year ago, what you have today that you didn’t have a year ago is you have a Federal Reserve that’s in an interest rate-cutting mode.” Conversely, while the market eked out a Santa Claus rally at the end ...
The short answer is hope. The longer answer is that the stock market is a forward-looking mechanism. Stock prices now generally reflect where the investor herd expects the economy to be within about 3-6 months. In different words, the recent market rally is being driven by expectations that...
Wall Street analysts counter that the banks are in better financial shape than the bond market warnings suggest. Regional banking stocks are on pace for their worst year back to 2006, with the long tail of the SVB collapse. But bank stocks had been in rally mode since May, when F...
"It is an incredible moment, people, that's not being talked about enough or celebrated. The sellers are afraid to sell, the buyers are incredibly eager to buy," Cramer said. "And that's how the stock of Home Depot can rally $11 today on no real news aside from a widely-antici...
Tuesday’s rally also pushed the S&P 500 above its record high set on Nov. 16. WHY PAY ANY ATTENTION TO THE DOW, THEN? One thing the Dow’s final leap to 30,000 indicates is that it’s no longer just tech stocks driving the market. Five Big Tech companies — Apple, Microso...