Last Updated:November 07, 2024, 20:29 IST US Stock Market Today: Check Dow Jones, S&P 500 and Nasdaq Updates Ahead Of Fed Meeting US Stock Market Today US Stock Market Update: Stocks edged up slightly on Thursday, reaching record highs after a major rally fueled by Donald Trump’s decisive presidential election victory. The S&P 500 rose … Read more
Carpenter Christopher DeVocht from the Sooke community of British Columbia, Canada, is among the few day traders who have grown thousands of dollars to hundreds of millions in a short span and then lost it all. DeVocht started as most traders do, following trading forums and backtesting strategies, but little did he know his C$88,000 … Read more
A co-founder of Chinese food delivery giant Meituan sold 2 million of his Hong Kong-listed shares in the company on Monday, cashing out about HK$344 million (US$44.3 million) amid a recent rally in Chinese stocks. Mu Rongjun, an executive director and senior vice-president at the Beijing-based on-demand delivery firm, sold the shares at a price … Read more
A rich retirement life is often the result of patient investing and diversification across asset classes in your working years that offer adequate income and financial security when you hang up your boots. How much you need to retire is a burning question that younger generations pay more heed to than millennials and boomers. While … Read more
Billionaire investors and renowned hedge fund managers, such as Pershing Square Capital Management’s Bill Ackman, Citadel’s Ken Griffin, and Susquehanna International Group co-founder Jeff Yass, bought millions of Nike shares in Q2 despite the company struggling to retain the top market spot due to headwinds on multiple fronts. Shares are down over 20% year-to-date and … Read more
From September onwards, many US retirees in Connecticut, Colorado, Montana, Minnesota, New Mexico, Rhode Island, Utah, Vermont, and West Virginia could start receiving smaller monthly Social Security checks, by up to $200, due to a tax hike these states will impose on the benefits. The remaining 41 states don’t impose income taxes on Social Security … Read more
Berkshire Hathaway chairman Warren Buffett increased his stake in US-based audio entertainment company Sirius XM Holdings (NASDAQ: SIRI) by 262.24% during the quarter ended June 30. According to the latest company 13F filing, Berkshire Hathaway purchased 96.2 million SIRI shares in Q2 at an average price of $3.36 apiece to own a total of 132.88 … Read more
Real estate investor and equity fund manager Grant Cardone recently explained in a ikTok clip that if you have a million dollars, you will be broke in 2024. According to Cardone, a million dollars was a big deal in 1960, but it has deflated rapidly and is worth only 10% of what it was then. … Read more
American businessman and the author of “Rich Dad Poor Dad,” Robert Kiyosaki, indicated in multiple posts on X this month that the best time to “get rich” is approaching soon. He added that we must overcome a major crash in real estate, bitcoin, gold, and stock prices before markets start climbing for years in late … Read more
In a surprising turn of events, US President Joe Biden has announced his withdrawal from the presidential race, endorsing Vice President Kamala Harris as his successor. This move shifts the spotlight onto Harris and her husband, Doug Emhoff, who have both built substantial careers in public service and amassed significant wealth through a diverse portfolio … Read more
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