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Markets

Sierra Space CEO unveils new satellite product ahead of Dream Chaser launch, possible IPO

April 10, 2024 by Admin
Sierra Space CEO unveils new satellite product ahead of Dream Chaser launch, possible IPO

A render of Sierra Space’s Velocity satellite bus Credit: Sierra Space Amid preparations for its spaceplane’s maiden flight and an initial public offering as soon as next year, Sierra Space is expanding its satellite offerings.   Ahead of the much-anticipated solar eclipse, the commercial space unicorn unveiled its aptly named …

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Oil prices fall for third day after U.S. inventory build, hotter than expected inflation report

April 10, 2024 by Admin
Oil prices fall for third day after U.S. inventory build, hotter than expected inflation report

Iranian people are standing in front of an anti-U.S. and anti-Israeli banner during a rally commemorating International Quds Day, also known as Jerusalem Day, and attending a funeral for members of the IRGC Quds Force who were killed in an Israeli air strike in Syria, in Tehran, Iran, on April …

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Asia markets mostly fall as Japan corporate inflation climbs; New Zealand holds rates

April 10, 2024 by Admin
Asia markets mostly fall as Japan corporate inflation climbs; New Zealand holds rates

People commuting to work in the morning cross a pedestrian crossing in Tokyo on February 15, 2024.  Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets mostly fell as of Japan’s corporate inflation climbed in March and rate decisions are assessed from New Zealand and Thailand’s central banks. South Korea’s …

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Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%

April 9, 2024 by Admin
Bitcoin Supply Inactive for a Year Slides to 18-Month Low of 65.8%

On Monday, 12.95 million BTC, equating to 65.84% of the circulating supply of 19.67 million BTC, remained unchanged for over a year, the lowest percentage since October 2022. The metric peaked above 70% with the debut of nearly a dozen spot exchange-traded funds (ETFs) in the U.S. in mid-January and …

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Stock futures are little changed as investors await March inflation data: Live updates

April 8, 2024 by Admin
Stock futures are little changed as investors await March inflation data: Live updates

Stock futures were little changed on Monday, as investors looked ahead for forthcoming inflation data. Futures tied to the S&P 500 hovered near the flatline. Nasdaq 100 futures advanced nearly 0.1%, while Dow Jones Industrial Average futures gained 16 points, or 0.04%. Stocks ended Monday’s trading near the flatline, with …

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Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity

April 8, 2024 by Admin
Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity

A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and that it plans to furlough about 260 pilots as …

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Goldman Sachs money manager: Be selective with small caps because prices ‘can go down with great velocity’

April 8, 2024 by Admin
Goldman Sachs money manager: Be selective with small caps because prices ‘can go down with great velocity’

Goldman Sachs sees opportunities in small-cap stocks — even as the Russell 2000 finishes its worst week since early January. Greg Tuorto, who runs the actively managed Goldman Sachs Small Cap Core Equity ETF (GSC) , thinks easing financial conditions should help boost the group. But his view comes with …

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Stock futures dip slightly in overnight trading following the market’s losing week: Live updates

April 8, 2024 by Admin
Stock futures dip slightly in overnight trading following the market’s losing week: Live updates

Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures dip slightly in overnight trading Sunday after the market suffered a down week as 2024’s rally took a breather. Futures on the Dow Jones Industrial Average fell 47 points or 0.12%. S&P …

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Hindsight is 20/20 — but going forward, I’m taking a stand that can benefit all stock investors

April 7, 2024 by Admin
Hindsight is 20/20 — but going forward, I’m taking a stand that can benefit all stock investors

We’ve become prisoners of short-rate forecasts. Yeah, the ones controlled by the Federal Reserve. But those fearless investors who have broken out of this self-imposed mental jail are enjoying bountiful returns. Sure, it appears to be nothing but alchemy to the jailers and their powerful protagonists in the media. But …

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Bull market breaks its stride with the S&P 500’s first 2% dip in a long while

April 7, 2024 by Admin
Bull market breaks its stride with the S&P 500’s first 2% dip in a long while

Was that a change in the market’s character last week, or is it still the same old bull? Thursday’s late air pocket in the indexes makes the question at least worth asking. The setback in the S & P 500 ended an unusually long streak without at least a 2% …

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