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Wall Street Whispers

From Trade Truce Rumors to Tesla’s Plunge: A Chaotic Friday Unfolds

A Frenetic Friday Beckons Markets are lurching into Friday like a sailor staggering through the early morning fog, but instead of a hangover, traders are grappling with a testosterone-fueled tweetstorm. The so-called trade thaw between President Trump and President Xi—intended as a diplomatic fire extinguisher...

U.S. 30-Year Mortgage Rate Climbs to 6.89%, Highest Since February

By Agencies The average rate for a 30-year mortgage in the U.S. climbed this week to 6.89%, marking its highest point since early February. This increase further raises borrowing costs for homebuyers. According to mortgage buyer Freddie Mac, the rate rose from 6.86% last week. A...

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Jeff Bezos “Very Optimistic” About Trump’s Second Term, Calls for Regulatory Cuts

In a recent interview at The New York Times' DealBook Summit, Amazon founder Jeff...

US Thanksgiving Weekend Sees 197 Million Shoppers, Says Retail Group

Approximately 197 million Americans shopped during the five-day period from Thanksgiving to Cyber Monday...

Trump’s Tax Cuts May Offset Tariff Challenges, Strategist Says

As investors assess the potential market impacts of President-elect Donald Trump's second term, key...

Could Bitcoin Reach $100,000 by the End of 2024?

The prospect of Bitcoin surpassing $100,000 by the end of 2024 has ignited heated...

S&P 500 and Nasdaq Reach New Highs as Markets Anticipate US Rate Cut

On Tuesday, the S&P 500 and Nasdaq Composite indices reached new heights, closing at...

Green Energy Is Not So Green

By Chris Edwards As the footprint of ostensibly green energy expands, the negative environmental side...

Apple illegally monitoring employees’ personal devices, silencing pay talk: lawsuit

Apple has been accused in a new lawsuit of illegally monitoring its workers’ personal devices...

S&P 500 Up Almost 50% Over Past 2 Years

By Charles-Henry Monchau The matrix below highlights the year-to-date percentage performance of each constituent of...

Bankers Gear Up for Globalization Reset in second Trump presidency

Senior bankers indicated on Tuesday that globalization may undergo a significant reset as U.S....

Nasdaq and S&P 500 Close at All-Time Highs

On the first trading day of December, U.S. stocks showcased a robust performance, with...

What’s next for the US dollar? Momentum or correction in 2025?

By Yeap Jun Rong Will the US dollar sustain its upward momentum into 2025, or...

Boeing CEO Calls for Fundamental Changes Amid Surge in Losses

Boeing reported huge quarterly losses on Wednesday, with new CEO Kelly Ortberg acknowledging that...

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Why Hong Kong Remains China’s Premier Global Financial Hub, Outpacing Shanghai

The Rise of Hong Kong as a Preferred Capital Market for Chinese Tech Companies In...

Trump and South Korea’s New President Aim for Tariff Agreement

The Impact of Tariffs on U.S.-South Korea Relations In a significant development for international trade,...

Re-domiciliation Regime Gains Support

Positive Market Response to Hong Kong’s New Company Re-Domiciliation Regime The recent enactment of legislation...