Stock Market Today: Stocks Tread Water as Investors Await Updated Inflation Data
U.S. stocks traded sideways on Wednesday, January 10, lacking a clear direction as investors eagerly await key inflation data and the start of the fourth-quarter earnings season.
2023 Job Cuts: Tech Takes the Lead as Labor Market Cools
The year 2023 drew to a close as a Challenger, Gray & Christmas report unveiled a whopping 98% surge in 2023 job cuts compared to the previous year.
Global Economic Outlook 2024: Navigating a Balancing Act Between Slowdown and Soft Landing
The World Bank's recent forecast paints a picture of a 2024 balancing act for the global economy – tiptoeing between a slowdown and an “increasingly possible” soft landing.
Striking Gold Or Playing With Fire? Evaluating Callon Petroleum's Investment Appeal Amid Takeover Buzz
Callon Petroleum is the latest oil and gas player gaining investor attention amidst the increasing whispers of takeover interest as the Permian producer explores a potential sale.
AI at the Crossroads: Will Hype Turn to Hope for Investors?
While the hype is spurring generative AI’s rapid development, there is still a risk AI could enter the "Trough of Disillusionment," a period where interest in technology starts to wane as the promises once offered, fail to deliver.
SEC Decision Looms: Will Bitcoin ETFs Finally Get the Green Light?
Forget Bitcoin's association with tech enthusiasts and fringe investors. Wall Street giants, including BlackRock and Goldman Sachs, are gearing up to introduce Bitcoin to the masses through a groundbreaking avenue – exchange-traded funds (ETFs).
Stock Market Today: Mixed Signals Keep Stocks Muted
U.S. stocks this Thursday were mixed, attempting to bounce back from a weak start to 2024.