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Top 10 Fintech Apps in the USA

Top 10 Fintech Apps in the USA

Looking for the top Fintech apps in the USA to manage your finances? We’ve got your back. In this blog, we will review the best fintech mobile apps that are booming in 2023.  The Fintech industry originated in the 1950s with the introduction of the credit cards. Soon after, the introduction of ATM in the 1960s and various other innovations along the way paved the…

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Oil Prices Slump as OPEC

Oil Prices Slump as OPEC+ Delays Meeting Amid Production Cut Negotiations

Amid the news of the OPEC+ meeting delay, the entire oil market took a downturn. The oil prices fell as much as 5% and took other industries down as well that relied heavily on oil. Wednesday morning saw a sudden collapse in the price of oil as the upcoming meeting of OPEC+, scheduled for this weekend, was postponed to November 30. OPEC+, which stands for…

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Midday Movers

Midday Movers: Airline Stocks Soar, Nvidia and Tesla Slump

Airlines stocks are in the news again with huge gains on midday trading, thanks to speculation of good business in the holiday season. However, the same can’t be said for technology giants Tesla and Nvidia, as their stocks slumped on Wednesday. Tuesday was the day that broke the green streak, and Wednesday midday saw a bounce back from US equities. Airline stocks were the clear…

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Best Buy Shares Fall After Cutting Its Outlook

Best Buy Shares Fall After Cutting Its Outlook, Citing ‘Uneven’ Demand

The prominent retailer of electronics, Best Buy, saw a sharp decline in its share price after a revenue drop. Things got worse when they announced a revised and decreased forecast for the new year. Best Buy released the third quarter result and experienced a keen decline in sales, which forced them to reconsider their predicted financial results for the next few quarters. The board of…

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Cryptocurrency Turmoil and Interest Rate Uncertainty Propel Gold Prices Beyond $2,000 Mark

The most coveted metal is in talks again. Yes, gold prices are reaching new heights. Thanks to the disturbance in the cryptocurrency space and uncertainty over interest rates. The global economy is once again facing hitherto unwanted difficulties. Whether we talk about global geopolitical conflicts or disruptions in the crypto space, it seems like every direction is pointing toward a recession in 2024. In that…

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Encouraging Auction of US Treasury Sparks

Encouraging Auction of US Treasury Sparks Rally in Bonds and Stocks, Igniting Market Optimism

After the disappointing auction of a 30-year Treasury bond last week, the highly anticipated 20-year-old US Treasury bond has ended up setting a staggering boom in the stock and bond markets, shooting waves of shock across the financial system. The US government finally sold the 20-year Treasury bond for a much lesser yield than expected by the experts, which ended up attracting investors eager to…

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Private Equity

Demystifying Private Equity: Investment Strategies for the USA Market

If you’re an avid investor, you must have heard about private equity investments. It is a category of capital investments made into private companies and is one of the best investment options for individuals looking to diversify their portfolios.  Private Equity(PE) is a business funding method used by a wide range of businesses to help them grow. In fact, in the first five months of…

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Investment Pros Prioritize Diversification and Low

Investment pros prioritize diversification and low-risk assets in anticipation of an uncertain 2024 market landscape

Experts were confident that a recession would come in 2023, and while that is partially true, it looks like it is delayed for the next year. A turtle-like, slow global economy coupled with international war situations will challenge the US economy next year. Investment professionals are heavily supporting the fundamentals of diversification and investment in low-risk assets in light of uncertain market conditions expected in…

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Stock Market Crash

Stock Market Crash: What Happens to Your Money When the Market Crashes?

As an investor, you must be afraid of losing money in the stock market. Many investors even ask questions like ‘Do you lose all your money if the stock market crashes?’ Undoubtedly, investing in the stock market is a risky venture but it can also be unusually dependable in the long run. The stock market is extremely unpredictable and it is quite common to lose…

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Microsoft Shares Reach Record High After Hiring Former OpenAI CEO Sam Altman

Microsoft Shares Reach Record High After Hiring Former OpenAI CEO Sam Altman

The entire Silicon Valley took a dramatic break when Sam Altman, the former CEO of Open AI, resigned from his position. This impromptu decision by the board of OpenAI shook the entire tech space. However, the tale took a dramatic turn when Microsoft signed him, and its shares went past the roof. The shares of Microsoft created the all-time best intraday and climbed almost 2%.…

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