In March of 2019, the shares of the American aircraft giant Boeing (NYSE: BA) experienced a decline of approximately $70 – from about $450 to close to $370. The drop was the direct result of a tragic crash of Ethiopian Airlines Flight 302 – flying a Boeing 737 MAX 8 – that killed all 157…
Between their sheer size, importance to the overall economy, influence on monetary policy, and over regional Federal Reserve Banks, major banks remain incredibly important players in both American and global markets. Additionally, the veritable armies of experts and analysts they employ, as well as the wealth of information they can access that is hard to…
Despite 2023 being a challenging year for the electric vehicle (EV) industry, Elon Musk’s Tesla (NASDAQ: TSLA) managed to continue steadily increasing its number of vehicle deliveries. In fact, its figures for the first three quarters of the year surpassed the total number of vehicles delivered in 2022 – 1,324,074 compared to 1,313,851 – and,…
Jordan Belfort, the former stockbroker known as the “Wolf of Wall Street,” recently shared his opinions on the stock market activities of several U.S. politicians. He opined that Representative Nancy Pelosi, former Speaker of Congress, must be trading using non-public information when asked if he believes she is a stock-picking genius in a December 29,…
Reports of various elected U.S. officials making significant, conveniently timed trades are not, unfortunately, rare. While much focus has been given to Nancy Pelosi and her husband – and indeed, their trading strategy has so far proven successful, as made evident by the returns of a trading bot that copies their investments – Senator Tina…
This year has generally been challenging for the electric vehicle (EV) market, with multiple companies in the industry, like Lucid (NASDAQ: LCID) and Nio (NYSE: NIO), struggling to meet their delivery targets and seeing their stock prices plummet. Even the larger players like Elon Musk’s Tesla (NASDAQ: TSLA) had their fair share of troubles, being…
In recent years, most reports of assets surging by thousands of percents in relatively short periods come from the crypto market, where various cryptocurrencies – especially smaller altcoins and meme coins – can very quickly make staggering surges. However, while the rise in the price of stocks tends to be slower-paced, many stocks still managed…
Much like 2022 and its numerous calamities that shook the crypto industry brought no shortage of bears and doomsayers, 2023 brought recovery and renewed enthusiasm for investors. Indeed, many cryptocurrencies rose to highs not seen in well over a year, such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), while others, like Polygon (MATIC), while…
Following Bitcoin’s (BTC) resurgence, surging past the $40,000 mark as the year concludes, the overall market sentiment is notably optimistic about the asset’s potential for further gains in the coming year. A variety of catalysts underpins this positive outlook. Despite this lingering optimism, a pivotal question looms: what heights can the maiden cryptocurrency reach in…
An old Chinese curse allegedly says: “may you live in interesting times,” and at least since the start of the COVID-19 pandemic in 2020, most people around the world have indeed been living in interesting times. This broader trend has certainly been well reflected in the stock market, which has, with fears of a recession,…