Cheniere Energy Inc. (NYSE: LNG) has seen its stock rise over 15% in the past three months, and the company’s CEO, Jack Fusco, expects this upward trend to continue, thanks to the US Federal Reserve’s recent rate cut—the first in four years. As a capital-intensive business involved in building and…
With the US Federal Reserve slashing rates by 50 bps, analysts in India have begun to weigh in on whether whether the Reserve Bank of India (RBI) will follow suit or maintain its focus on domestic inflation management. The US Federal Reserve has announced a 50-basis-point cut in its benchmark…
Chantico Global chief executive Gina Sanchez recommends buying homebuilder stocks now that the US Federal Reserve has lowered interest rates by 50-basis points. Last night, members of the FOMC also signaled another 50 bps of rate cuts by the end of 2024. Rate cuts are typically a boon for housing…
In a landmark move for the cinema industry, the National Association of Theatre Owners (NATO) has unveiled a sweeping $2.2 billion investment plan to overhaul movie theaters across the US and Canada. This substantial investment, targeting the eight largest theater chains including AMC Entertainment, Regal Cinemas, and Cinemark, is set…
S&P 500 has already rallied well over 20% this year but Brian Belski, the chief investment strategist of BMO Capital Markets, sees further gains in the months ahead. The benchmark index could climb further and hit the 6,100 level before year-end now that the US Federal Reserve has announced its…
Zimbabwe’s stock market is soaring, but it’s not for the usual reasons. Investors are flocking to equities as a safe haven from the rapidly deteriorating Zimbabwe Gold (ZiG)-backed currency. Since August 28, the Zimbabwe Stock Exchange’s (ZSE) All Share Index has surged 28%, spurred by a sharp and relentless decline…
European Commission President Ursula von der Leyen travelled to Kyiv on Friday to announce a €35 billion loan for Ukraine, marking a significant step in the G7’s broader $50 billion aid plan. The loan, funded by future profits from frozen Russian state assets, is intended to help Ukraine rebuild and…
Burberry Group (LON: BRBY) share price has been in a strong freefall this year as concerns about its growth prospects continue. It has dropped in the last 14 consecutive months, making it one of the worst-performing names in London. BRBY was trading at 597p, its lowest point since August 2010,…
In a shocking turn of events, ISG Construction, one of the UK’s largest construction firms, has officially entered administration after months of financial uncertainty and failed attempts to secure a sale. Six subsidiaries of ISG officially entered administration on Thursday, including ISG Construction, ISG Engineering Services, ISG Retail, ISG UK…
On September 19, 2024, Citi analysts raised their price target on AppLovin (NASDAQ: APP) to $155 from $110, citing the company’s strong growth potential and dominance in mobile gaming software. This represents a nearly 25% upside from the current stock price, which has already surged over 200% year-to-date. The new…









