(Reuters) – Shares of Donald Trump’s media and technology firm fell as much as 12% on Monday, extending a selloff that has now reduced the value of his stake in the operator of Truth Social to $2.9 billion. After its strong debut in late March, investors have soured on Trump Media & Technology Group after […]
Volatility is an unavoidable feature of the stock market, and it’s especially pronounced in growth stocks. Investors can count on this market segment being among the first to recover when a broader rally begins. On the flip side, growth stocks tend to fall hard in the early phases of a sell-off. If you can, it’s […]
Even bullish investors have been entertaining, or even welcoming, the prospect of a “healthy” correction in stocks after a nearly 30% runup since October lows. – Getty Images The S&P 500 has marched higher by nearly 30% over the past five months, prompting even bullish market strategists to entertain, or even welcome, the prospect of […]
(Bloomberg) — In China’s highly competitive electric vehicle market, even a small earnings miss is conspicuous news as BYD found out Wednesday. Most Read from Bloomberg It missed 2023 earnings estimate by less than a 1 billion yuan ($138 million), raising questions over whether China’s largest EV maker can sustain strong profit growth while fending […]
The U.S. stock market is currently at all-time highs, which has been a joy for investors. But nothing lasts forever, and sell-offs are a normal part of long-term investing. Instead of panicking, treat sell-offs like an opportunity to buy great companies at lower prices. Buying dividend stocks at lower prices means starting with higher yields […]
US stocks slid lower on Friday, dragged down by a sell-off in tech. The Nasdaq tumbled after touching record highs, pulled down by a sharp drop for Nvidia. The jobs report was a mixed bag, with trends boding well for rate cuts but pointing to a cooler economy. US stocks tumbled on Friday, dragged down […]
(Bloomberg) — Apple Inc. has struggled in 2024, and the recent weakness has the stock looking like it is the most oversold in years, analysts said. Most Read from Bloomberg Shares of the iPhone maker are down 14% from a recent peak and have dropped 12% this year, compared with a gain of 7.42% for […]
Dow Jones futures and the other major indexes dropped Tuesday, as Apple stock sold off on a report that showed sharply slowing iPhone sales in China. Meanwhile, famed investor Cathie Wood sold nearly $31 million worth of Coinbase (COIN) on the stock market today. X Dow Jones futures fell 0.3% vs. fair value in morning […]
Many investors wonder when a sell-off might occur with the market continually notching new highs. While I don’t think it’s in the cards just yet, it’s good to be prepared if there is one. This makes it easy to act when the market is falling, allowing you to quickly make decisions instead of needing to […]
Spencer Platt/Getty Images The next big catalyst for the stock market is the February CPI inflation report, according to Fundstrat. It will be released on March 12, and will signal to investors whether the Fed could soon cut interest rates. “We wonder if this is potentially the fundamental catalyst for a sell-off,” Fundstrat said. Th […]
(Bloomberg) — New York Community Bancorp tumbled for a second straight day after a pair of rating downgrades threatened to boost the beleaguered bank’s borrowing costs. Most Read from Bloomberg Shares of the company fell as much as 17%, trading at the lowest level since 1996, after plunging 26% on Friday. Fitch Ratings cut its […]
(Bloomberg) — Investor positioning in US technology stocks is so bullish that any selloff could trigger a wider rout, according to Citigroup Inc. strategists. Most Read from Bloomberg Wagers on declines in tech-heavy Nasdaq 100 futures have been completely erased, leaving investors overwhelmingly expecting further gains. “The large consensus positioning is a risk that could […]