Alishba 
Insider Trading: In a recent development that has sent shockwaves through Wall Street, the Securities and Exchange Commission (SEC) has filed criminal charges against a former employee of two major financial institutions, Goldman Sachs and Blackstone. The charges stem from allegations of insider trading, where 26-year-old Anthony Viggiano is accused of passing confidential information to … Read more
The mortgage market has been on a wild ride lately, with interest rates recently hitting levels not seen since the turn of the millennium in 2000. As a result, the demand for mortgages has plummeted to a 27-year low. In this blog post, we’ll delve into the current state of the mortgage market, analyzing the … Read more
In recent years, Evergrande Group has been making headlines for all the wrong reasons. Once hailed as a property giant in China, the company is now teetering on the brink of collapse, sending shockwaves through the global financial markets. With its stock prices plummeting and mounting debt, Evergrande’s woes have deepened, raising concerns about a … Read more
Tesla (NASDAQ: TSLA) has consistently been a front-runner in the electric vehicle (EV) industry, known for setting ambitious delivery targets and then exceeding them. However, the third quarter of this year has ushered in a sense of uncertainty. Tesla’s stock, which has seen remarkable growth in recent years, experienced a slight dip of over 1% … Read more
The Dow Jones Industrial Average, a key indicator of the US stock market’s performance, faced another challenging day on Wednesday, extending its losses from the previous session. Investors grappled with an uptick in Treasury yields and soaring oil prices, which put a damper on market sentiment. In this blog post, we’ll delve into the factors … Read more
September has proven to be a challenging month for investors, as the S&P 500 experienced a significant drop of 5.3% within just 18 trading days, plummeting from 4,516 to 4,275. The primary culprit behind this market turmoil appears to be the sudden surge in long-term interest rates, notably the 10-year Treasury yield, which soared by … Read more
The year 2023 has been marked by its fair share of market volatility, and investors are understandably on edge as they ponder whether the recent stock market pullback will escalate into a full-fledged bearish downtrend. To gain insight into the market’s trajectory, many have turned their attention to the dynamics between cyclical and defensive stocks. … Read more
In the ever-fluctuating world of cryptocurrencies, Maker DAO’s MKR token has recently caught the attention of investors and traders alike. On September 25th, MKR experienced a significant push, defying the broader market’s struggles. Starting at a low of $1,265, it surged to a high of $1,343, demonstrating a remarkable 5% increase in just 24 hours. … Read more
On September 20, 2023, the Bank of England made an unexpected announcement that sent ripples through the financial world. The bank decided to hold the current interest rate at 5.25%, marking the first time in two years that rates had not been raised. This decision came in the wake of inflation data for August, which … Read more
On a recent Monday, investors witnessed an unexpected turn of events in the Asian tech market, particularly with regards to Sea Limited (SE), a Singapore-based conglomerate. The stock of Sea Limited soared by 12% as of 11 a.m. ET, driven by new revelations surrounding its major competitor, TikTok. The epicenter of this unfolding drama is … Read more