Browsing: Stocks

HENDERSONVILLE, Tennessee, and MILWAUKEE—The Baird/STR Hotel Stock Index decreased 2.4 percent in October to a level of 5,600. “Hotel stocks fell for the third consecutive month in October, and performance directionally tracked the broader indices,” said Michael Bellisario, senior hotel research analyst and director at Baird…

JPMorgan Chase CEO Jamie Dimon raised eyebrows when he announced his plans to sell $140 million worth of his bank shares starting next year for “financial diversification and tax-planning purposes.” It was a surprise considering he had long held a hardline approach to keeping his bank stocks…

Quick Take According to FRED data, the economy is facing a significant demographic shift. The total population growth rate, demonstrated by the blue line, is on a steady decline. This trend is equally mirrored by the working-age population in the U.S. (aged 15-64), shown by the red line…

After soaring to all-time highs amid the epic lithium boom of 2021/2022, stocks of lithium producers have been badly hammered in the current year as lithium prices continue on the race to the bottom. Shares of American lithium giant Albemarle Corp. (NYSE:ALB) have cratered -46.6% in the year-to-date with the company recently warning that it could lose

Cryptocurrencies have been the best-performing assets recently. Shiba Memu has now raised over $4.4 million from global investors. Other top-performing tokens were Celestia and Terra Luna. Cryptocurrency prices thrived this week as investors cheered the hints from the Federal Reserve and the stocks surge. They also surged after Blackrock filed for an Ethereum ETF…