The recent market volatility has left many investors feeling uncertain about the future of their portfolios. Mizuho, a prominent Wall Street firm, has released its top stock picks for September in an attempt to navigate these challenging times. Among its recommendations are well-known companies like Micron Technology, Energy Transfer, and Lowe’s, each with unique factors
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In a world where billionaires are no longer a rare sighting, the race towards trillionaire status is now at the forefront of discussions. With companies like Berkshire Hathaway and Nvidia already surpassing the trillion-dollar mark, the question now is not if but when the first trillionaire will emerge. According to a recent report by Informa
Chicago recently released a budget forecast indicating a significant increase in its corporate fund deficit in the coming years. The deficit is projected to grow from $222.9 million at the end of 2024 to a staggering $982.4 million in 2025. This forecast, provided by Mayor Brandon Johnson’s administration, paints a concerning picture for the city’s
News Corp, the parent company of the Wall Street Journal, has faced a challenge from activist investor Starboard Value aimed at dissolving its dual-class share structure. This move poses a significant threat to the Murdoch family’s control over the company. The dual-class structure, which gives Rupert Murdoch control of around 40% of the voting stock,
California’s upcoming sale of $2.5 billion in tax-exempt general obligation bonds is set to make a significant impact on the market. This will be the state’s second largest offering this year, with proceeds being allocated towards financing voter-approved projects, paying down outstanding commercial paper, and refunding outstanding general obligation bonds. This move comes at a
The Swiss National Bank (SNB) is facing unexpected challenges as Switzerland’s inflation rate slows down and the Swiss franc strengthens. Recent data shows that inflation in Switzerland dropped to 1.1% year-on-year in August, below both the previous month’s rate of 1.3% and the projected 1.2%. This unexpected decrease in inflation raises concerns about the SNB’s
Nobel Prize-winning economist Joseph Stiglitz has recently made a bold statement regarding the Federal Reserve’s monetary policy. Stiglitz argues that the Fed should deliver a half-point interest rate cut at its upcoming meeting, claiming that the central bank has gone “too far, too fast” with its tightening policies, ultimately exacerbating the inflation issue. This viewpoint
As per the recent analysis conducted by on-chain analytics firm IntoTheBlock, Bitcoin’s historical cycles indicate a potential significant rally in 2025. The firm suggests that the average duration between Bitcoin’s halving events and the subsequent peak is around 480 days. This calculation leads to the prediction of the next peak in the summer of 2025.
The stock market can be a volatile and unpredictable place, especially in the current economic environment. Investors are always on the lookout for reliable advice to guide their stock picks and decisions. Top Wall Street analysts are considered experts in the field, conducting extensive research to provide valuable insights to investors. In this article, we
As the summer holidays come to an end, investors in China are facing the harsh reality that consumption and growth within the country will continue to be sluggish for the foreseeable future. JPMorgan recently downgraded its opinion on Chinese stocks from overweight to neutral, citing a challenging outlook. Although the firm still holds 18 China