Visa (V) and Mastercard (MA) are growth stocks that mutual fund managers are buying right now. These institutions pick up shares after carefully analyzing a security’s strong and weak points. Visa stands third and Mastercard […]
Ionis stock jumped Thursday after a Food and Drug Administration panel offered a mixed view of its Biogen (BIIB)-partnered treatment for a deadly neurodegenerative condition. The companies are hoping to win approval for tofersen, a […]
Coinbase Global (COIN) announced it received a Wells Notice from the Securities and Exchange Commission late Wednesday, a warning that the regulator intends to recommend enforcement action for potential securities violations. Coinbase stock tumbled early […]
The Dow Jones Industrial Average rose more than 200 points Thursday, rebounding after Wednesday’s Fed-fueled stock market selloff, and in the wake of a surprise drop in the Labor Department’s first-time jobless claims. Meanwhile, Block […]
Ford (F) debuted a new financial-reporting structure Thursday while offering one of the first in-depth looks at EV profitability from a traditional automaker. Ford stock rose. Ahead of a “teach-in” for analysts and reporters, Ford […]
NewsReligion Following the announcement by authorities in Saudi Arabia and countries across the Middle East, the holy month of Ramadan will start on Thursday, March 23. There are about 1.9 billion Muslims around the world, […]
NewsPolitics The Saudi Arabian and Iranian foreign ministers spoke by phone to mark the beginning of Ramadan and have agreed to meet “soon” to start the process of re-opening embassies and consulates, according to Saudi […]
NewsRussia-Ukraine war United States Secretary of State Antony Blinken has dismissed deepening ties between China and Russia as a “marriage of convenience”. Blinken made the comments on Wednesday after Chinese President Xi Jinping and his […]
Having raised rates by 25bps (as expected) and offered a dovish bias to the statement with regard future rate-hikes, Fed Chair Powell now has the unenviable task of threading the needle between too-dovish (what does […]
Tl;dr: Fed hiked 25bps and maintains QT (as expected), and left the terminal rate (via the DotPlot) unchanged. However, it shifted a slightly more dovish guidance on future policy hikes and an admission that the […]
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