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Upstart Holdings Stock Analysis: Navigating AI Lending In A Mixed Market

Fri, 12/20/2024 - 13:59
Upstart Holdings Inc. operates in the fintech space, aiming to redefine traditional credit assessment with its AI-driven platform.

Mastering Market Chaos: StoryTrading’s Top 5 Stocks You Can’t Ignore

Fri, 12/20/2024 - 13:51
The trading landscape is alive with opportunity, shaped by a mix of macroeconomic events and sector-specific moves.

Fed Tests Gold Upleg

Fri, 12/20/2024 - 13:45
​​​​​​​The Federal Reserve somehow surprised traders with a hawkish rate cut this week. While that had been expected, apparently the Fed’s projected rate-cut trajectory slowed even more than feared.

U.S. Dollar Reprieve Sparks Grains Spike. The Corn & Ethanol Report

Fri, 12/20/2024 - 13:31
March CBOT corn bounced at it’s 20-day moving average amid weakness in the US dollar and a recovery in the Brazilian real.

Business Cycle Indicators For November 2024

Fri, 12/20/2024 - 13:17
Consumption and personal income ex-transfers growth accelerate.

Bitcoin Rally Loses Momentum: Could A Drop To $75,000 Signal The Final Correction?

Fri, 12/20/2024 - 13:03
The recent dip in Bitcoin’s price is viewed by many as a temporary setback rather than the end of the bull market.

Crude Oil Is Going To Save The Fed

Fri, 12/20/2024 - 12:49
Even if you’re a short-term trader, it’s important to always know the state of the longer-term trends. Crude oil has been making lower lows and lower highs since its peak in 2022.

Duolingo Empowers Lily With AI

Fri, 12/20/2024 - 12:35
Like all other companies, Duolingo is also embracing AI in its platform. Last quarter, it introduced Video Call, an AI-based solution that is targeted at improving the language learning experience for its users.

RKLB Stock Gains Amid Rocket Lab’s Record-Setting Year For Launches

Fri, 12/20/2024 - 12:21
Rocket Lab is preparing for its sixth Synspective mission, marking its 15th launch in 2024.

Real Spending Rises 0.3 Percent, Real Disposable Income Up 0.2 Percent

Fri, 12/20/2024 - 12:07
Real income weakened in November despite a bond-market friendly and smaller than expected PCE price inflation.

Pity The Canadian Dollar As It Gets Hit From All Sides

Fri, 12/20/2024 - 11:53
The last month has not been kind to the Canadian dollar as a variety of different domestic and international developments combined to weaken the loonie.

Income And Spending Miss Estimates, But Show Steady Growth Above Inflation

Fri, 12/20/2024 - 11:39
Personal Consumption Expenditures (PCE) read on inflation (an alternative to the CPI, preferred by the Fed) increased +0.1% in November, and +2.4% over the last 12 months.

Dow Up 752 Points, Extending Rebound From Dramatic Losses

Fri, 12/20/2024 - 11:28
The Dow Jones Industrial Average is in rally mode, reversing its premarket losses to jump 752 points after yesterday snapping its 10-day losing streak.

Caterpillar, Inc. (CAT) Dividend Stock Analysis

Fri, 12/20/2024 - 10:30
Caterpillar Inc. is the world's largest producer of earthmoving equipment, and a major manufacturer of mining equipment, electric power generators, and engines used in petroleum markets.

Merck & Co Inc (MRK) DCF Valuation: Is The Stock Undervalued?

Fri, 12/20/2024 - 10:00
Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections.

Sensex Tanks 1,176 Points; Nifty Ends Below 23,650

Fri, 12/20/2024 - 09:30
After starting the day on a negative note, the benchmarks dragged further as the session progressed and ended the day on weak note.

Jerome Powell: “I Think It’s Pretty Clear We’ve Avoided A Recession”

Fri, 12/20/2024 - 09:00
As per Powell not only have we avoided a recession, but it’s “pretty clear“.

GBP/JPY Price Forecast: Slumps As UK Retail Sales Misses Estimates

Fri, 12/20/2024 - 08:50
GBP/JPY declined to near 196.00 as a higher number of BoE officials voted for an interest rate reduction on Thursday than what market participants had anticipated.

Russell 2000 At Important Risk-On Vs. Risk-Off Crossroads

Fri, 12/20/2024 - 08:40
The stock market has been charging higher into year end. Then came the Fed interest rate decision and comments.

Fed's Favorite Inflation Indicator Holds At 7-Month High

Fri, 12/20/2024 - 08:30
The Fed's favorite inflation indicator - Core PCE - printed cooler than expected for November (+0.1% MoM vs +0.2% MoM exp).

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