The current bull market that has seen the end of Japan's lost three decades should be named the "end of deflation" market, according to JPMorgan's top Japan strategist. Inflation Insights Inflation data out of Japan once again showed its strength, with core CPI sliding to 2% from 2.3% but exceeding estimates of 1.8%. Yield Movement The yield on the 2-year Japanese government … [Read more...] about Japan’s Bull Market Journey
stocks
Cryptocurrency Market Update
Cryptocurrency Market Update Most large cryptocurrencies showed positive movement during morning trading on Thursday, with some notable gains in the market. Top Gainers: Dogecoin (DOGE) soared by 13.70% to reach 13 cents. Solana (SOL) surged by 13.55% to $131.72. Cardano (ADA) saw an increase of 11.38% to 70 cents. Polkadot (DOT) rose by 7.29% to $8.82. Ripple (XRP) gained … [Read more...] about Cryptocurrency Market Update
AMC Entertainment in Turbulent Times
AMC Entertainment has been experiencing a tumultuous year, reminiscent of the meme-stock frenzy. The stock saw significant declines following its recent earnings report, a move that CEO Adam Aron attributed to the ongoing volatility in the market. Standing Strong With Shareholders During the earnings call, Aron reassured shareholders of his commitment to the company by stating, … [Read more...] about AMC Entertainment in Turbulent Times
Market Update: Stock Futures Rise
Stock futures were on the rise on Wednesday, recovering from the worst day seen by the three major U.S. stock indexes since Feb. 13. Investor attention was focused on Federal Reserve Chairman Jerome Powell's upcoming congressional testimony, where he is expected to announce a cautious approach to interest-rate cuts for the year ahead. Stocks to Watch Today CrowdStrike … [Read more...] about Market Update: Stock Futures Rise
Ciena Stock Lower Guidance Impact
Ciena's stock took a nosedive after the company revised its full-year guidance due to challenges caused by high inventory levels at telecom service providers. Industry-wide Impact Similar issues are impacting other key players in the sector, including Cisco Systems and Hewlett Packard Enterprise. The company's shares dropped by 14.9% to $52.75 during recent trading on … [Read more...] about Ciena Stock Lower Guidance Impact
