Stocks News

Fed Chair Powell’s speech to Congress is crucial for Wall Street, with focus on potential rate cuts and monetary policy direction.

Amidst reduced Services PMI® and employment contraction, the Fed may lean towards rate cuts to spur growth and manage inflation effectively.

US to release ISM Services PMI at 15:00 GMT. Expectations: 51.0 to 54.3. Inflation concerns persist despite recent data, may impact market sentiment.

OPEC+ extends 2.2M bpd output cuts into next quarter; Saudi Arabia to maintain 1M bpd cut until June.

Bitcoin-spot ETF market-related news dominated the crypto news headlines. However, SEC v Ripple remained a focal point in the week ending March 3.

The regional lender’s stock tumbles as new CEO appointed amid control concerns, triggering investor unease and credit rating downgrade.

Positive Chinese PMI data bolsters the ASX 200 while the Nikkei 225 hurtles toward 40,000 on US inflation numbers from Thursday.

Inflation meets forecasts, impacting Fed’s policy; U.S. personal income surges, defies expectations; consumer spending shifts towards services.

Expected rise in January’s Core PCE Index may impact Fed’s rate decision, inflation strategy amid a robust economy.

Nvidia insiders capitalized on success, selling $80 million in shares after impressive impressive results.

In Q4 2023, the U.S. GDP grew at 3.2%, marginally missing the anticipated 3.3% rise, indicating a slight economic slowdown.”

January’s steep drop in durable goods orders may prompt Federal Reserve to adjust monetary policy, highlighting economic challenges.

US Supreme Court debates state laws affecting major platforms, sparking content moderation debate with implications for internet regulation.

Amid rising trade tensions, TSMC strategically expands to Japan, diversifying operations and mitigating risks, including those from China.

S&P 500’s rise spurs debate on its sustainability vs. a bubble, amid solid earnings and top stocks’ dominance fueling market concentration concerns.

BTC-spot ETF market net inflows retreated this week, leaving BTC in negative territory, with the ECB criticizing the SEC approval of BTC-spot ETFs.

NVIDIA astonishes with $5.15/share earnings, a soaring $22.10B revenue, and $12.29B net income, dominating the AI market.

The ASX 200 and Hang Seng Index had mixed fortunes early in the Wednesday session. Property and tech stocks contributed to early gains for the HSI.

Anticipating the Fed meeting minutes, the markets are aligning with the FOMC’s cautious strategy balancing inflation control and economic growth.

BTC returned to the $52,000 handle for the first time since 2021, while Senator Elizabeth Warren and SEC Chair Gary Gensler were under the spotlight.