Finance

The stock market just experienced an intriguing rollercoaster ride, driven primarily by the frenetic actions of short sellers scrambling to minimize their losses. In what seems to be a classic case of squeezing the shorts, hedge funds were caught off guard by the market’s rapid ascent. This adrenaline-fueled trading strategy is placing immense pressure on
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In a significant development within the transportation sector, Lyft, a major player in the U.S. ride-hailing market, announced its decision to acquire Free Now, a prominent European taxi app, for a staggering €175 million ($199 million). This marks Lyft’s first venture into the European arena and signals a decisive step toward global expansion amid a
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In today’s financial landscape, investor sentiment often swings like a pendulum, oscillating between enthusiasm and dread. For many seasoned investors, the question is not merely how to seize opportunities, but rather how to remain steadfast during times of volatility and chaos. Enter Katie Stockton, a mastermind managing the Fairlead Tactical Sector ETF (TACK). She champions
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In a recent financial upheaval, Spanish lender Banco Santander has decisively moved past UBS to become continental Europe’s largest bank by market capitalization. With a staggering market cap of €91.3 billion ($103.78 billion) contrasted with UBS’s €79.5 billion ($97.23 billion), Santander’s ascent is emblematic of a larger narrative: that of resilience in the face of
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Jerome Powell, current Chair of the Federal Reserve, recently delivered a speech that sent ripples across both financial markets and everyday Americans. He conveyed a serious contemplation regarding the Fed’s dual mandate: the need to sustain full employment while maintaining stable prices. With the backdrop of President Donald Trump’s tariffs looming large over the economy,
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