The global financial markets are currently riding a significant wave of optimism, with major indices reaching new highs and investor confidence seemingly robust. This sustained rally, particularly evident through late 2024 and continuing into 2025, has ignited a fierce debate among economists and strategists: is the current stock market boom
The company said that a contraction in North American imports was more than offset by strong import growth into Europe, Latin America, West-Central Asia, and Africa.
fter a marathon weekend session, the Republican-controlled Senate passed the tax bill by a slender majority of 51-49 votes, with Trump hailing it as a “great victory.”
B Of A analyst reiterates Buy rating on Caterpillar with price target of $335. Company reported sales decline and below-consensus EPS. Retail sales grew +3%. Tariffs are a headwind but downside is less severe than expected. CAT stock up 1.35% at $313.45.
Goldman Sachs Group Inc. reported strong third quarter earnings, with revenue of $12.70 billion and EPS of $8.40, beating expectations. The company has declared a quarterly dividend.
Goldman Sachs acquired last-mile logistics properties in Australia for undisclosed amount. Recently reported strong Q2 earnings and made leadership appointments.
Michael Burry has placed a $1.6 billion bet on a potential stock market crash, making up 90% of his firm's portfolio. Burry previously earned $100 million in 2008 by accurately predicting the US housing market collapse. Recently, the Dow Jones saw a decline of 500 points in just two days, creating concerns among investors
Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened: On Oct. 28, 2008, the Dow and S&P 500 each gained roughly 11% on optimism surrounding another potential Federal Reserve interest rate cut.
