Tag Archives: market

NEW YORK, Sept. 27, 2022 /PRNewswire/ — The Metaverse in Entertainment Market size is expected to grow by USD 28.92 billion during 2021- 2026, at a CAGR of 8.55% during the forecast period, according to Technavio. The market is concentrated, and the degree of concentration will accelerate during the forecast period. Aomen City, Epic Games Inc., Hungama Digital Media Entertainment Pvt. Ltd., Meta Platforms Inc., Niantic Inc., OverActive Media Corp., Qualcomm Inc., Queppelin, Roblox Corp,

Stock Market Coverage – Tuesday September 27 Yahoo Finance – Yahoo Finance Source link

Investors would be wise to buckle up for more downside to an already battered stock market, veteran CFRA Chief Investment Strategist Sam Stovall warns. “I think this will be a bear market with a recession,” Stovall said on Yahoo Finance Live (video above). “Bear markets with recessions have ended up being deeper and lasting longer than those without a recession, with the average decline being 35%. So I think we will probably end up seeing this bear market bottom around 3,200.” Stovall’s… Source link

U.S. stock futures sank Monday morning, with equities poised for more turbulence at open as fears of excessive Fed tightening and a wild run in currency markets rattle investors. Futures tied to the S&P 500 tumbled 0.6%, while Dow Jones Industrial futures shed 200 points, or 0.7%. Contracts on the tech-heavy Nasdaq were off by 0.4%. Meanwhile, the CBOE Volatility Index (^VIX), which measures Wall Street’s expectations for short-term market volatility, spiked above 32, its highest level… Source link

This post was originally published on TKer.co It was a rough week in the stock market as the Federal Reserve renewed its commitment to do whatever it takes to bring down inflation, even if it means pain in the economy. The S&P 500 fell 4.6% to close the week at 3,693.23. The index is now down 23.0% from its January 3 closing high of 4,796.56 and up just 0.7% from its June 16 closing low of 3,666.77. The global market rout came with surging interest rates and a strengthening dollar. It’s a big… Source link

The precious metal often labeled a ‘hedge against inflation’ and commonly known as a ‘safe haven’, is looking dull. Gold (GC=F) is 23% off from its peak in March, and 10% down year-to-date. In our series, ‘What to do in a bear market’, we asked the experts to tell us if there is value to holding gold in this environment. Why hasn’t gold performed better this year? “First, with major central banks around the world tightening their policies, this has helped to send bond yields to… Source link

In Tom Wolfe’s famous essay about the 1970s, “The Me Decade,” he wrote about how Americans had abandoned communal thinking in favor of personal wealth. “They took their money and ran,” he wrote. In fact, there wasn’t much money to take. Today, with the stock market in meltdown mode, it’s natural to look back at other times of financial woe: The Great Recession of 2008-2009. The bursting tech bubble in 2000. The crash of 1987, never mind 1929 — and all manner of mini-downturns and… Source link

Real estate investors have largely done well for the past few years. But with higher interest rates, things could be about to change. The U.S. Federal Reserve raised its benchmark interest rates by 0.75 basis points on Wednesday, marking the third such hike in a row. Higher interest rates translate to bigger mortgage payments — not good news for the housing market. But cooling down housing prices is part of what needs to be done to bring inflation under control. Don’t miss “For the longer… Source link

Salesforce Chair and Co-CEO Marc Benioff and his team are serious about expanding profit margins after years of making big acquisitions of Mulesoft, Tableau, and Slack. “For us, I think that the market doesn’t fully appreciate how committed we are to growth and margins,” Benioff told Yahoo Finance Live at the software giant’s Dreamforce conference in San Francisco before reeling off several recent initiatives by the company. Benioff also didn’t rule out making large deals in the future, Source link

Stock Market Coverage – Thursday September 22 Yahoo Finance – Yahoo Finance Source link