There have been many known and expected stock splits in 2024. Popular restaurant operator. Chipotle Mexican Grill Inc. New York Stock Exchange: CMG The stock was trading at an astronomical price of $3,400 per share before it did its first ever 50-to-1 stock split on June 25, 2024. This opened the door to numerous new … Read more
After months of sluggish price action in the energy sector, most investors are avoiding some of the best companies in the sector, especially those in the oil industry. Whether news about current oil demand makes sense or not, investors need to think about the energy space as one of the most undervalued sectors of the … Read more
Stocks hit all-time highs on Wednesday following Donald Trump’s presidential re-election. Each of the three major indexes – the Dow Jones Industrial Average, the broad S&P 500 and the tech-heavy Nasdaq – rose to record highs. Analysts said markets’ gains on Wednesday were driven by two factors: the end of election uncertainty and the prospect … Read more
Ahead of the 2020 election, then-President Donald Trump warned that if Joe Biden was elected, “stocks are going to crash like you’ve never seen before.” However, since President Biden took office on January 20, 2021, the stock market has posted strong gains. Since his inauguration, the S&P 500 has returned 55%. In 2024, the benchmark … Read more
Indian securities managed by foreign portfolio investors (FPIs) crossed the $1 trillion mark for the first time, reaching $1.1 trillion as of September, according to the National Securities Depository. Of this amount, $930 billion is invested in equities, with the rest allocated to debt and hybrid instruments. Currently, FPI shares account for 16.4% of India’s … Read more
The stock market is having a great year overall, but the same can’t be said for the shares of many individual companies. The S&P 500, a benchmark index commonly used to measure the performance of the broad U.S. stock market, has hit record high after record high this year as companies posted record earnings and … Read more
If you’ve stepped foot inside an American supermarket in the past few years, there’s a good chance you’ve experienced sticker shock. But shareholders of the country’s largest grocery chains are singing a different tune. Food prices — along with energy prices — are historically volatile and therefore stripped out of the U.S. Bureau of Labor … Read more
The stock market continued its sell-off Monday, but the “crash” you may have heard about hasn’t actually happened. The Dow was down -2.74% in the first hour and a half of trading, and the S&P 500 and the tech-heavy Nasdaq Composite both fell more than -3%. This has compounded fears of a full-fledged stock market … Read more