Precedence Research According to Precedence Research, the global bicycle market size is projected to surpass around US$180 billion by 2030 and expanding growth at a CAGR of 7.36% from 2022 to 2030. Tokyo, May 12, 2022 (GLOBE NEWSWIRE) — The global bicycle market size was accounted for at US$95 billion in 2021, as per new […]
As the market churns, Bank of America found steady stocks for investors to ride out market volatility. Stocks have struggled of late as investors grapple with persistent inflation, the Federal Reserve’s rate-hiking cycle, recession risks, the war in Ukraine and global Covid outbreaks. The S&P 500 is down more than 18% this year. Thursday’s trading […]
The stock market is going through a period of uncertainty and volatility, but some sectors could benefit from that. Timothy A Clary | AFP | Getty Images (Click here to subscribe to the Delivering Alpha newsletter.) A wide divergence of performance has formed in the hedge fund industry amid the stock route on Wall Street […]
Bear markets are not fun, but they are also not the end (usually). The big pictures: The crypto market is still very new. There are risks and shaky technologies, many of which are failing in spectacular attention-grabbing fashion this week. But at the same time, the industry is on firmer footing today than it was […]
GameStop (GME) shares were halted for volatility numerous times on Thursday. The stock rose as much as 33% as investors piled into the flagship ‘meme stock.’ Shares of the video game retailer touched a daily low of $77.77 and went as high as 108.06 during the morning session. Cinema chain operator AMC’s stock (AMC), another […]
Shares of Affirm Holdings Inc. emerged in after-hours trading Thursday after the buy-now pay-later company delivered a revenue beat and an upbeat volume forecast in the face of “volatile market conditions.” The company posted a fiscal third-quarter net loss of $54.7 million, or 19 cents a share, compared with a loss of $287 million, or […]
A day after Wall Street was told consumer prices continued to rise at an uncomfortably rapid rate in April, it learned the same about producer prices. The result was another choppy session that saw many stocks finish in the red. The Bureau of Labor Statistics said Thursday that the producer price index (PPI) roared ahead […]
Ten reputed members of the Four Corner Hustlers street gang have been charged in US District Court with running open-air drug markets that distributed cocaine and fentanyl-laced heroin on Chicago’s West Side. The joint operation by Chicago police and the US Department of Homeland Security led to the seizure of four rifles, four handguns, a […]
Textsize Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Manzana stock is in a sorry state, trading now below a price that investors couldn’t resist before—a price that felt it higher in the past several months. This new price—roughly $142 a share on Thursday—is, of course, bad […]
The latest bull market for US stocks was on the brink of expiring Thursday afternoon, with the benchmark S&P 500 holding just shy of the threshold that marks bear territory. The S&P 500SPX, -0.91% was down 73 points, or 1.9%, at 3,860.88 in afternoon trade, after finishing Wednesday around 18% below its record close from […]