BlackRock’s stock has slumped over the past four weeks, mirroring the performance of other private credit players such as Blue Owl, Apollo Global, and Blackstone. The shares peaked at $1,180 in August and have since fallen by nearly 10% from that high. Despite the pullback, the company’s strong fundamentals could support a rebound. BlackRock’s business
The crypto market is doing well today, helped by the relatively weak nonfarm payrolls (NFP) data, which lowered the possibility of the Federal Reserve hiking rates. Bitcoin and most altcoins were in the green, with the market cap of all tokens approaching the $3 trillion mark. This article looks at some top coins, including Dogecoin
Crude oil prices have pulled back in the past two weeks as investors focused on reports of the rising flows through the Strait of Hormuz. Brent dropped to $97.7, while the West Texas Intermediate (WTI) fell to $90, also as Saudi Arabia restarted the East-West pipeline. This article provides a forecast on whether prices will
The FTSE 100 Index has pulled back in recent weeks, falling from a July high of 10,986 to its current level of 10,606. October will test this retreat as several major companies publish their results. This article looks at some of the top Footsie shares to watch in October, including Lloyds, Shell, and Barclays. Lloyds
The DAX has fallen more than 5.4% from its record high this year and is now trading near its lowest level since July. That weakness will be tested in October, when some of its largest constituents, including BMW, SAP, Volkswagen, and Deutsche Bank, report earnings. BMW stock in focus as turnaround starts BMW’s share price
The S&P 500 Index and its top ETFs like VOO and SPY have moved sideways recently, ignoring major events like the strong second quarter earnings and the hawkish Federal Reserve. This article looks at some of the top catalysts that will move the index in October. S&P 500 Index to react to earnings season The
The iShares 20+ Year Treasury Bond ETF (TLT) continues its strong freefall, reaching its lowest level since September 2023 as cracks in the bond market accelerated. TLT plunged to $77, down 11% this year and 46% in the last five years. Despite all this, investors have continued to buy the dip. TLT ETF inflows rise
The Schwab US Dividend Equity ETF (SCHD) has pulled back sharply in the past few weeks, moving from a high of $35 in August to the current $32.5. This article highlights some of the top reasons why it is falling and what to expect in October. SCHD ETF is falling as government bond yields jump
BitMine stock has lost momentum this week as the broader crypto market weakened. BMNR dropped to $26.43, a few points below last month’s high of $28.76. This softness could be the calm before the storm, with a larger move possible in the coming weeks. BitMine stock may benefit as it nears Ethereum target BMNR stock
Robinhood stock has wavered in recent days as investors remain concerned about its steep valuation and slowing growth. HOOD traded at $112.50 on Thursday, slightly below last month’s high of $126.50. So, will the stock retreat or resume its uptrend in October? Robinhood is facing headwinds and tailwinds HOOD stock has wavered amid concerns about