The steady increase in earnings growth expectations has led to a compression in the price-earnings multiple for the S&P 500 index. Furthermore, the growth is broader and more sustainable, Morgan Stanley argues
The steady increase in earnings growth expectations has led to a compression in the price-earnings multiple for the S&P 500 index. Furthermore, the growth is broader and more sustainable, Morgan Stanley argues
It's a bird! It's a plane! No, it's not Superman, either! It's the benchmark S&P 500 (SNPINDEX: ^GSPC) and tech stock-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) ascending to fresh record-closing highs, with the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) one modest up day from joining the club. Better-than-expected corporate earnings, coupled with the evolution of artificial intelligen...
It's a bird! It's a plane! No, it's not Superman, either! It's the benchmark S&P 500 (SNPINDEX: ^GSPC) and tech stock-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) ascending to fresh record-closing highs, with the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) one modest up day from joining the club. Better-than-expected corporate earnings, coupled with the evolution of artificial intelligence, have created a launch pad scenario for the stock market. But this historic run-up is about to be put to the test, based on the latest inflation update from America's foremost financial institution, the Federal Reserve. Fed Chair Jerome Powell and the Federal Open Market Committee are navigating an unprecedented energy supply shock. Image source: Official Federal Reserve Photo. Continue reading
London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict Business live – latest updates HSBC has taken a $1.3bn (£961m) hit to profits, fuelled by the fallout from the US-Israel war on Iran and fraud in the troubled private credit sector . The London-headquartered bank said profits fell 4% in the first three months of the year, dropping $100...
London-headquartered bank’s shares slide as it sets aside an extra $300m to cover effects of Middle East conflict Business live – latest updates HSBC has taken a $1.3bn (£961m) hit to profits, fuelled by the fallout from the US-Israel war on Iran and fraud in the troubled private credit sector . The London-headquartered bank said profits fell 4% in the first three months of the year, dropping $100m to $9.4bn, compared with the same period in 2025. Revenue increased 6% to $18.6bn. Continue reading...
With its confidential S-1 filing in April, SpaceX has told investors that the wait to own its stock is nearly over. While the date of the initial public offering (IPO) remains unknown, it's clear there will soon be a new opportunity to gain exposure to the burgeoning space economy. Nonetheless, some may still be frustrated at having to wait for the SpaceX IPO. Fortunately, several investment optio...
With its confidential S-1 filing in April, SpaceX has told investors that the wait to own its stock is nearly over. While the date of the initial public offering (IPO) remains unknown, it's clear there will soon be a new opportunity to gain exposure to the burgeoning space economy. Nonetheless, some may still be frustrated at having to wait for the SpaceX IPO. Fortunately, several investment options provide exposure to SpaceX today. Image source: Getty Images. Continue reading
An explosion occurred at a fireworks factory in Guandu Town, Liuyang City, Changsha, Hunan Province on May 4, 2026. Photo: CCTV News A massive explosion at a fireworks factory in central China has killed 26 people and injured 61 others as of Tuesday, prompting top leaders to order an immediate investigation and a nationwide safety review during the country’s Labor Day holiday. The blast occurred a...
An explosion occurred at a fireworks factory in Guandu Town, Liuyang City, Changsha, Hunan Province on May 4, 2026. Photo: CCTV News A massive explosion at a fireworks factory in central China has killed 26 people and injured 61 others as of Tuesday, prompting top leaders to order an immediate investigation and a nationwide safety review during the country’s Labor Day holiday. The blast occurred around 4:43 p.m. local time on Monday at a workshop owned by Huasheng Fireworks Manufacturing and Display Co. in Liuyang, a city in Hunan province renowned as China’s “hometown of fireworks.” As of 8 a.m. Tuesday, the first round of search and rescue operations confirmed the casualties, with the injured rushed to local hospitals for emergency treatment, according to the state-run Hunan Daily.