Category: us stocks

May 27

US is 25% of world economy if they crash, whole world crashes: Twitter influencers

Intensive negotiations between President Joe Biden and other US leaders on the debt ceiling have sparked a surge in Twitter influencer conversations. With just a few weeks remaining before a potential debt default in June 2023, influencers express growing concern as no deal has been finalized yet and political discussions on the debt ceiling jitters. […]
May 26

Debt Ceiling Crisis: Has the damage already been done to US economic credibility?

The US economy and the nation’s credibility have already been damaged by the debt ceiling crisis even if a deal is struck next week, and “reform is now urgently required”, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. Nigel Green of deVere is speaking out following […]
May 17

Explainer: How Wall Street is preparing for possible US debt default

By Davide Barbuscia and Pete Schroeder As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the relatively short time […]
May 15

EU approves acquisition of Activision Blizzard by Microsoft – Investigation report

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Activision Blizzard by Microsoft. The approval is conditional on full compliance with the commitments offered by Microsoft. The commitments fully address the competition concerns identified by the Commission and represent a significant improvement for cloud gaming as compared to the current […]
May 11

Wall Street: What does ‘failing to lift the debt ceiling’ mean for the markets?

The most recent CPI report revealed that US headline inflation unexpectedly decreased last month, confirming anticipation that the Federal Reserve may decide to stop raising interest rates in the coming month. Inflation may not have come down drastically but is not showing signs of a comeback either. Markets began on a positive note but ended […]
May 8

Warren Buffett Vs Big Tech: Should you invest in Artificial Intelligence (AI) stocks?

Artificial Intelligence (AI) stocks should now be part of most investors’ portfolios as Big Tech prepare for an AI boom, suggests the CEO and founder of one of the world’s largest independent financial advisory, asset management and fintech organisations. The comments from deVere Group’s Nigel Green follow last week’s earnings reports from tech titans including […]