The Vanguard S&P 500 (VOO) ETF stock price has been in a strong bull run this year and is now hovering at its all-time high. It was trading at $585, a few points below the record high of $593. It is up by over 30% from its lowest level this…
From Wall Street’s surge on Powell’s rate-cut hints to Canada’s softer line on US tariffs and Donald Trump’s push for $2 billion to overhaul Washington, it’s been a busy day across finance and politics. Here are the biggest news stories that made headlines today.Powell signals possible rate cuts as Wall…
Shares of Zoom Communications (NASDAQ: ZM) surged more than 11% Friday after the video conferencing software provider reported better-than-expected second-quarter results and raised its full-year outlook. The upbeat earnings, fueled by continued enterprise growth and advances in artificial intelligence, offered some relief for a stock that remains down year-to-date.The stock…
Tesla stock (NASDAQ: TSLA) had a strong day on Friday, climbing about 5% to trade near $336.00 at press time.The surge wasn’t just a win for Tesla investors, it also helped lift the whole tech sector and gave major indexes like the S&P 500 and Nasdaq a noticeable boost.Traders and…
Opendoor Technologies (NASDAQ: OPEN) saw its shares jump about 27% in afternoon trading on Friday, building on a strong rally that’s been turning heads this month.The digital real estate platform has been in the spotlight thanks to its rapid price gains, giving both the company and its shareholders a boost…
Apple Inc. is in early discussions with Alphabet Inc.’s Google about using its Gemini artificial intelligence (AI) system to power a revamped version of Siri, Bloomberg reported citing people familiar with the matter. The potential move marks a significant step towards outsourcing key AI technology as Apple seeks to catch…
Gold has long been regarded as a traditional safe-haven investment, offering protection in times of uncertainty and market volatility. This year, the precious metal has once again demonstrated its resilience, reaching record highs as tariffs, inflation concerns, and broader market instability drive demand. The surge has also given fresh momentum…
Intel Corp (NASDAQ: INTC) is rallying late on Friday after President Donald Trump confirmed the US government has finalised a deal to take a 10% equity stake in the beleaguered chipmaker.The aforementioned agreement marks an extraordinary federal intervention in corporate America.The announcement, expected to be formalized later in the day,…
BlackRock’s iShares Bitcoin Trust (IBIT) has achieved a landmark milestone in the cryptocurrency sector, surpassing some of the largest corporate and exchange holdings of Bitcoin to become the world’s second-largest holder, trailing only the pseudonymous creator Satoshi Nakamoto.Rapid growth since launchLaunched in January 2024, the IBIT ETF has quickly established…
Fed chair Jerome Powell struck a dovish tone at the Jackson Hole symposium Friday, signalling a shift in policy focus toward supporting a softening labour market, rather than preemptively tightening to curb inflation.While he did not explicitly commit to a rate cut, his remarks were seen as opening the door…