A recent report from Cerulli Associates has highlighted a historic shift in the investment landscape as financial advisors are projected to allocate a greater portion of their clients’ assets to exchange-traded funds (ETFs) than mutual funds for the first time. The report indicates that by 2026, advisors anticipate approximately 25.4% of client assets will be
The Dow Jones Industrial Average (DJIA) has faced an unsettling losing streak, marking nine consecutive days of decline—the longest since February 1978. This unprecedented downturn raises questions for investors about the causes behind it and the potential implications for broader market health. It’s essential to delve deeply into the factors triggering this downturn, the inherent
As the Federal Reserve prepares to potentially lower interest rates again, individuals and investors alike are faced with a critical juncture in cash management. With forecasted cuts of 0.25% expected soon, the opportunity for higher returns on cash savings becomes increasingly appealing. Experts, such as Greg McBride from Bankrate, signal that current lucrative rates on
Since the conclusion of the November U.S. elections, the digital asset market has experienced a remarkable upswing, highlighted by Bitcoin’s impressive performance, peaking above $107,000 recently. This increase can be partially attributed to anticipated pro-cryptocurrency policies from President-elect Donald Trump. The momentum suggests a growing interest in cryptocurrencies, yet it is crucial to approach these
The drone industry is witnessing a buoyant wave of interest, primarily driven by a strategic partnership between Palantir Technologies and Red Cat Holdings. This collaboration promises to enhance the capabilities of drones through the integration of advanced visual navigation software, a development that’s been met with enthusiasm on Wall Street. Following the announcement, Red Cat’s
In an impressive development for women’s professional basketball, Unrivaled recently announced the successful completion of its Series A funding, securing an additional $28 million prior to its inaugural season set to kick off on January 17, 2024. This significant influx of capital builds on the $7 million already raised in the initial seed round announced
As the Federal Reserve prepares to lower interest rates during its impending two-day meeting, reports indicate a notable shift toward optimism among American consumers. After enduring a prolonged phase of high inflation, households are beginning to express more favorable views regarding their financial futures. The New York Federal Reserve recently reported a significant increase in
MicroStrategy, a company often synonymous with Bitcoin investments, experienced a noticeable rise in its stock value following Nasdaq’s announcement of its inclusion in the esteemed Nasdaq-100 index. As one of the major benchmarks for technology and growth-oriented companies, the Nasdaq-100 is an influential index that reflects significant aspects of the tech sector and wider market.
The Social Security Fairness Act, recently passed by a decisive majority in the House of Representatives, stands as a prime example of the complexities surrounding social welfare policies in America. While proponents heralded its bipartisan support as a significant step toward rectifying perceived injustices against public sector workers, critics argue that its implications could result
In the midst of fluctuating valuations within the U.S. stock market, discerning investors are met with both challenges and opportunities. While many companies appear overvalued, a select group continues to shine, highlighting remarkable future growth potentials that should pique the interest of savvy investors. By keeping abreast of insights from Wall Street analysts—who rigorously dissect