The US government is staring down the barrel of a shutdown deadline, a drama Americans have seen play out time and again for nearly half a century. Since the 1980s, Congress has triggered 14 major shutdowns, nearly always because deep divisions over how to spend taxpayer dollars spill over into…
The global base metals market is bracing for significant shifts following a series of announcements from China, the world’s largest consumer of these raw materials. New production caps on non-ferrous metals and an increased emphasis on recycling are set to redefine supply dynamics, potentially offering price support while also introducing long-term…
British online fashion retailer ASOS warned on Tuesday that annual revenue would come in below market expectations, citing subdued consumer demand and a slow recovery in its fast-fashion business. The London-listed company said profit would still rise more than 60% from last year but land at the lower end of…
Covered call ETFs have become highly popular among income investors in the past few years because of their high distribution rate. The JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) is one of the most popular. This article explores why the QQQI ETF is a better buy.What is the QQQI ETF?The…
The Nasdaq 100 Index has rallied this year, helped by the ongoing tailwinds in the artificial intelligence industry. It ended the week at $24,500 after soaring by 50% from its lowest level this year. This article explores the top catalysts for the index and its ETFs like QQQ, QQQM, and…
Rivian stock price has rebounded in the past few weeks, moving from the August low of $11.53 to $16 today. It is hovering at its highest level since May 27, with its market capitalization being over $18 billion.Rivian has made progress this yearRivian, the Amazon and Volkswagen-backed electric vehicle company,…
The Nike stock price has retreated in the past few weeks and moved to the strong, pivot, reverse level at $68.75 as investors wait for the latest earnings,which will provide more color about its turnaround efforts. NKE was trading at $68, down by 12.85% from its highest level in August.Nike…
The Nikkei 225 Index, which tracks the biggest companies in Japan, retreated to the important support level at ¥45,000, down from the year-to-date high of ¥45,900. It remains about 45% above the lowest level in April. This article looks at the top catalysts that will drive Japanese stocks in the fourth…
The ASX 200 Index held steady on Tuesday after the latest Reserve Bank of Australia (RBA) interest rate decision on Tuesday morning. It was trading at $8,885, up from this month’s low of $8,720. It remains up by over 25% from the lowest level this year.RBA interest rate decisionThe main…
Barclays share price has jumped in the past few months and is hovering at its highest point since 2007. It has soared by over 510% from its lowest level in 2020, and is now hovering near its all-time high of 410p. Why the Barclays share price has soaredBarclays stock price has…