Markets

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Markets

Can a Texas Stock Exchange Really Lock Horns with Wall Street?

Photo illustration by Connor Lin / The Daily Upside, Photo by Andrey Krav via iStock

The Texas Stock Exchange is hoping to become the center of a new financial mecca in the Lone Star state when it launches next year.

4 min read
Technology

Nvidia Beats Revenue and Profit Expectations, But Was It Enough?

Photo via NVIDIA Media Assets.

Yesterday was Nvidia Day: The AI giant handily beat revenue and profit forecasts, and issued third-quarter guidance that beat expectations.

2 min read
Markets

GoDaddy Is Flooring It to the Top of the S&P

Photo via GoDaddy

GoDaddy now sits just outside the top 10 performing companies in year-to-date returns, outpacing everyone in the Mag-7 except for Nvidia.

1 min read
Markets

Growth is No Longer Just for Tech Megacaps

Photo by Jason Briscoe via Unsplash

S&P 500 stocks — excluding the Magnificent Seven — are on pace to deliver their first profit growth since the fourth quarter of 2022.

1 min read
Markets

The Carry Trade is Unwinding. How Much is Left to Go?

Photo by Jun Rong Loo via Unsplash

In a carry trade, you borrow money in a country with low interest rates and use it to buy a higher-interest-rate currency like the dollar.

1 min read
Markets

Proposed Nasdaq Rules Would Clamp Down on Risky Penny Stocks

Photo by Ajay Suresh via CC BY 2.0

After months of criticism for listing over 400 penny stocks, Nasdaq is proposing tightened rules to crack down.

1 min read
Markets

Novo Nordisk Slips Amid Disappointing Wegovy Sales

Photo by News Øresund – Johan Wessman via CC BY 2.0

Novo Nordisk’s share price fell over 8% on Wednesday after the company reported lower-than-expected sales of Wegovy.

2 min read
Markets

Key Indicators Send Markets Into ‘Recession’ Chatter

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Friday ended with the main indices in Asia, Europe, and New York pointing down in unison, the Nasdaq even entering correction.

2 min read