The SPDR S&P 500 (SPY), Invesco QQQ (QQQ), and SPDR Dow Jones (DIA) ETFs have had a strong performance in the past two years. The QQQ ETF had total returns of 54% in 2023 and 30% this year. Similarly, the SPY fund rose by 26% and 28% in the same…
Holiday retail sales in the United States in 2024 outpaced forecasts, with consumers flocking to last-minute online deals and convenient shopping options like curbside pickup and free delivery. Despite inflationary pressures, total spending during the season from November 1 to December 24 grew by 3.8% over the previous year, surpassing…
Quantum computing stocks have gone parabolic this month as investors pile into this sector, comparing it to the artificial intelligence industry. Rigetti Computing (RGTI) stock has soared by over 542% in the last 30 days, while Quantum-Si (QSI) has surged by 65% in the same period. Quantum Corporation (QMCO) stock…
Major energy companies in Europe focused on profits from oil and gas business in 2024, pushing back climate commitments, Reuters reported on Thursday. According to the report, the trend is likely to continue in 2025 as well. Governments around the globe have slowed down the implementation of clean energy policies…
Rumble stock price has gone parabolic this month as it surged to a record high of $17.35, its highest level since February 2022. It has soared by 28% this week and 380% from its lowest level this year, pushing its valuation to over $3.6 billion. Rumble shares soared after Tether,…
As the Indian stock market witnessed all-time highs in 2024, penny and micro-cap stocks were not left out of the rush, and shares of over 200 such companies soared between 300% and more than 75,000% in CY24. What’s noteworthy was that 99 of these companies reported net sales of less…
European stocks were mostly higher on Friday as trading resumed after the Christmas holiday break. Trading activity, as expected, continued to remain low. The pan-European STOXX 600 gained 0.3% to 505.08, heading for a modest weekly gain. The index looks set to post modest gains for the year. After rallying…
As 2024 draws to a close, it is clear that the year has been marked by seismic shifts across politics, economics, technology, and geopolitics. From groundbreaking advancements in artificial intelligence to unprecedented changes in the cryptocurrency landscape, this year has been one of transformative events. Political realignments, economic challenges, and…
Holiday retail sales in the United States in 2024 outpaced forecasts, with consumers flocking to last-minute online deals and convenient shopping options like curbside pickup and free delivery. Despite inflationary pressures, total spending during the season from November 1 to December 24 grew by 3.8% over the previous year, surpassing…
Dr Manmohan Singh, India’s 14th Prime Minister, passed away on Thursday, December 26, 2024, at the All India Institute of Medical Sciences (AIIMS) in Delhi. He was 92 years old. A towering figure in India’s political and economic history, Singh’s life journey was one of remarkable intellect, dedication, and service.…