It’s not a bank run — but it’s still a run. What happened to Tether (USDT) on Wednesday night is very similar to what happened to the Reserve Fund in 2008 — an event that worried regulators so much they stepped in with an emergency bailout of all money-market funds. Why it matters: If a … Read more
When will you see competition decrease in the housing market? Getty Images Mortgage rates on 30-year fixed rate loans have climbed from about 3.5% earlier this year to upwards of 5.6%, and pros say they may go higher (see the lowest mortgage rates you can qualify for here). Home prices too have made a steady … Read more
The carnage in the global markets intensified during the week and the bearish mood completely gripped D-Street as well. Nifty50 has corrected over 15% from its all-time high, and investors are wondering whether are we nearing the bottom or are markets set to get worse? Usually, when the market bottom is in sight, the sentiment … Read more
Stock market crashes and corrections happen. Since the beginning of the year, the S&P500 has been down over 17%. In fact, since the end of World War II, the benchmark index has tumbled more than 10% around 30 separate times. A bear market of at least a 20% decline will also eventually happen again, maybe … Read more
Despite production delays and market upheaval, Amazon is still counting on electric vehicle startup Rivian to help it hit ambitious climate goals and put tens of thousands of electric delivery vans on the road. Rivian is running a lean operation: The number of vehicles it produced this quarter is almost exactly equal to the number … Read more
Market strategists are waiting for markets to hit a bottom, but investors sitting in cash should probably get off the sidelines and buy stocks. Indeed, the S&P 500 was down more than 16% from its record high at Friday’s close, while the Nasdaq Composite was off about 27% from its all-time high. Stocks launched a … Read more
Eli Lilly (LLY) and Albemarle (ALB) stock lead this weekend’s watch list of stocks that have shown resilience amid the sell-off and may be poised to lead the way forward if market conditions improve. Along with LLY stock and ALB, dollar tree (DLTR), Cigna (CI) and World Wrestling Entertainment (WWE) round out the list of … Read more
It’s been quite the year for the investing community. Since hitting all-time closing highs during the first week of January, the benchmark S&P500 and widely followed Dow Jones Industrial Average have both entered correction territory (ie, a decline of at least 10%). Meanwhile, things are even worse for the growth-dependent Nasdaq Composite (^IXIC 3.82%). Following … Read more
Justin Sullivan/Getty Images News Tesla (NASDAQ:TSLA) has achieved great success in the past, but its execution over the past couple of years is poor. It has struggled in achieving technology leadership and being a first-mover in the EV truck segment, but despite that its valuation is still based on false promises that probably will never … Read more
Outbound Telemarketing Services Market Report highlights the effect of COVID-19 on this market. Atento, Synnex, and Alorica. will emerge as Outbound Telemarketing Services suppliers by 2026. NEW YORK, May 14, 2022 /PRNewswire/ — The Outbound Telemarketing Services Market will grow at a CAGR of 3.76% by 2026. This report offers key advisory and intelligence to … Read more