The “Magnificent Seven” have delivered more sugar highs than a Halloween candy binge. But here's the inconvenient truth: 82 of the top 100 performing stocks in the MSCI All Country World Index over the past decade weren’t American.
The Moody’s downgrade caught nearly everyone off guard on Friday afternoon. Most are dismissing the news as not a big deal, and perhaps it’s not. After all, the US has already had two prior downgrades. However, the timing is particularly sensitive.
Top mid-cap stock performers last week: Foot Locker, Inc. (FL), Archer Aviation Inc. (ACHR), DigitalBridge Group, Inc. (DBRG), NuScale Power Corporation (SMR), Diginex Limited (DGNX), ImmunityBio, Inc. (IBRX), Oklo Inc. (OKLO), Intuitive Machines, Inc. (LUNR).
The cryptocurrency market is witnessing a significant downturn, with Shiba Inu (CRYPTO: SHIB) being notably impacted. As per a report, the market has seen liquidations worth $298 million in cryptocurrencies, with Shiba Inu’s value declining by 5.81%.
A packed week of retail earnings reports and Federal Reserve speeches awaits investors following strong market gains driven by easing trade tensions and cooling inflation.
We've reported often about the strong demand for gold coming from Asia and the Middle East. Along with that, we're seeing more and more gold market infrastructure built out that challenges the dominance of New York and London.
