Category Archives: stocks

Stock Market Selloff

On Wednesday, October 24th, the stock market rout deepened with an intense selloff sending the Dow Industrials into the red for the year and putting the Nasdaq Composite Index down more than 10% from its recent high. The tech-heavy index … Continue reading

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Global stocks drop amid political tensions

On Tuesday, October 23rd, volatility returned to the stock markets sending the Dow Jones Industrial Average almost 550 points down before it erased nearly all of those losses in the final hours of the trading day. The selling began early … Continue reading

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Chinese Tech Shares Dive Amid Spying Concerns

Relations between China and the U.S have become increasingly tense, with tariffs and accusations coming from both sides. The most recent dispute is about the global technology supply chain and the risks and vulnerabilities that stem from it. A Bloomberg … Continue reading

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Elon Musk Settles with SEC

Elon Musk of Tesla has reached an agreement with the SEC after they charged him with securities fraud. The lawsuit is a result of an August tweet by Musk that claimed he will be taking Tesla private at $420 per … Continue reading

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Weed Stocks Flying High

The three biggest marijuana stocks (Tilray, Canopy, and Cronos) have a market cap of about $40 billion, making the cannabis sector a major global industry. According to Statista, spending on legal cannabis is expected to reach $63.5 billion worldwide by … Continue reading

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U.S. Consumer Confidence Brightens

U.S. consumer sentiment, published by University of Michigan survey every month, is at 100.8 – one of the highest number recorded in recent years, representative of a 6.0% year over year change. An index number of 100 represents the conditions … Continue reading

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Snapping Dreams

Snapchat recently announced disappointing earnings again this season. Snap’s share price is trading at about 46% of its 52-week high. The company’s business model gyrates around airing advertisements which will net more revenue only if the company sees further user … Continue reading

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