Monthly wealth stream

Palantir earnings provide litmus test for 140% AI-fueled rally monthlywealthstream

(Bloomberg) — Palantir Technologies Inc.’s (PLTR) premium valuation will be put to the test when the data analysis and software company reports results after the market close on Monday. Most Read from Bloomberg After a blistering artificial intelligence-driven rally of more than 140% this year, the bar is high. Wall Street has become increasingly cautious […]

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Germany’s government is on the brink of collapse — here’s what could be ahead monthlywealthstream

German Finance Minister Christian Lindner, Economy and Climate Action Minister Robert Habeck and Chancellor Olaf Scholz attend debates about the 2024 federal budget at the Bundestag on January 31, 2024 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Germany’s ruling coalition has long been on shaky ground, amid increasing divisions over

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The Fed Cut Rates, So Why Are Mortgage Rates Climbing? The Truth Behind The Housing Market’s Latest Curveball monthlywealthstream

U.S. mortgage rates rose for a fourth consecutive week, climbing as housing demand waned. Despite recent expectations of relief from anticipated Federal Reserve rate cuts, borrowing costs have continued to rise. Freddie Mac reported that the average rate of a 30-year fixed mortgage hit 6.54% by Oct. 24, 2024, a peak unseen since August. Although

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5 Things to Know Before the Stock Market Opens monthlywealthstream

Stock futures were moving higher early Monday ahead of a busy week that includes the presidential election and a Federal Reserve decision on interest rates. Berkshire Hathaway (BRK.A; BRK.B) shares were lower after the Warren Buffet-led conglomerate reported declining earnings while reducing its holdings of Apple (AAPL) and Bank of America (BAC). Shares of Nvidia

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Why banks are (probably) rooting for Donald Trump monthlywealthstream

US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. The “knee-jerk reaction,” according to KBW analyst Chris McGratty, is that a Donald Trump victory will mean a return to looser regulation of banks and more leniency in approving the

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Singapore Airlines to add first class cabin for its longest flights monthlywealthstream

Singapore Airlines ranked as the No. 2 international airline, according to the Bounce 2023 report. Nurphoto | Nurphoto | Getty Images Singapore Airlines is planning to add a four-seat first class to the Airbus aircraft it uses for its longest routes, a bet to attract high-spending travelers to flights that can top 17 hours. The

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Reeves’s Budget tax raid prompts record stampede from stock market monthlywealthstream

Rachel Reeves’s tax grab sparked a record exodus from the stock market last month as investors raced to withdraw their cash. Investors sold down a net £2.7bn of their holdings in equity funds in October – the highest amount ever recorded – with Brits pulling money out of every category of fund. That followed a

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U.S. Unemployment Rate by President monthlywealthstream

A president’s economic policies in office can markedly affect the unemployment rate. The unemployment rate measures the percentage of people in the job market who are not currently employed. It is a key indicator of the economy’s overall health. Looking at completed U.S. presidencies since Truman, President Johnson had the lowest average unemployment rate during

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Nvidia Is Joining the Dow Jones Industrial Average This Week. Time to Buy? monthlywealthstream

Nvidia (NASDAQ: NVDA) has reached many milestones this year. The stock rose above $1,000 and roared past Microsoft to become the world’s second most valuable company after Apple. This is all thanks to Nvidia’s dominance in the high-growth area of artificial intelligence (AI), a market expected to expand from $200 billion today to more than

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Pro-Western Sandu claims victory in Moldova election monthlywealthstream

Moldova’s President Maia Sandu in 2020 in central Chisinau.  Bogdan Tudor | Afp | Getty Images European leaders congratulated pro-Western incumbent Maia Sandu on winning a runoff vote in Moldova’s presidential election over the weekend, with the result seen as further step on the former Soviet republic’s road to integration with the bloc. The second

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