Understanding Market Correlations | StoneX
A market correlation is a measure, statistical or observational that identifies a positive or negative link between the pricing of multiple assets. These relationships are used to determine the direction…
Investing, Trading, Stocks and Forex News
A market correlation is a measure, statistical or observational that identifies a positive or negative link between the pricing of multiple assets. These relationships are used to determine the direction…
As earnings season ramps up, investors closely watch the “Magnificent Seven,” a group of high-profile tech companies that play a pivotal role in market dynamics. This week, three of these…
Over the past year, fixed-income investors have been paid quite well to keep their money in cash, with money-market funds yielding 5% or more. Money market funds generally offer investors…
Upstart Holdings, Inc. (UPST) was built on a simple yet revolutionary idea: What if advanced AI could assess creditworthiness better than traditional credit scores? That’s the core belief driving Upstart,…
In 1995, while Elon Musk was kicking off his first venture in Silicon Valley, another entrepreneur, Wang Chuanfu, was starting his own journey in Shenzhen with BYD, making batteries for…
Copper has been a hot commodity, driving the transition to a cleaner, greener future. Its unique properties, like high conductivity and durability, make it indispensable in everything from renewable energy…
In July, U.S. consumer confidence unexpectedly ticked up, offering a glimmer of optimism despite ongoing concerns about inflation and rising borrowing costs. The Federal Reserve’s closely watched gauge revealed that…
Nvidia Corporation (NVDA) has long been the dominant player in the AI-GPU market, particularly in data centers with paramount high-compute capabilities. According to Germany-based IoT Analytics, NVDA owns a 92%…
As Kamala Harris’s 2024 presidential campaign gains momentum, her aggressive stance on Medicare expansion and potentially eliminating private health insurance is drawing significant attention. Harris has been a long-standing advocate…
CrowdStrike Holdings, Inc. (CRWD) experienced a steep decline in its stock price last Friday following a software update that triggered widespread technical outages. This mishap couldn’t have come at a…
So far this year, natural gas prices have plummeted to record lows, driven by record-high production, mild winter weather, and a resulting surplus. Between January and June, the average price…
Last week, U.S. equities had a roller-coaster ride as investors grappled with a sharp selloff in big-tech stocks, which led to a rotation into small-cap and value stocks. This significant…
The global energy futures marketplace facilitates the trade of a diverse array of participants. No matter if a producer is hedging systemic production risks or a trader is aiming to…
The ongoing wildfires across western Canada, particularly in Alberta, have introduced a temporary yet significant factor in the dynamics of oil prices. As flames force evacuations and disrupt production in…
As former President Donald Trump prepares to speak this week at the Bitcoin 2024 conference in Nashville, the big event is creating the most excitement in the crypto community. Bitcoin…
Amazon.com, Inc. (AMZN), a global e-commerce giant, is navigating significant legal challenges that could impact its financial health and stock price. Earlier this month, more than 15,000 drivers contracted with…
The copper market has seen a significant uptrend in 2024, with prices surging more than 20% from mid-February to late May. However, shortly after that, copper prices fell below $10,000…
Amazon.com, Inc.’s (AMZN) MMORPG, New World, initially a sensation upon its 2021 release, is poised to splash on consoles later this year. Developed by Amazon Games Orange County, New World…
Amid economic headlines of slowing growth and persistent inflationary pressures, navigating the financial markets can feel like steering through turbulent waters. According to Commerce Department estimates, U.S. Gross Domestic Product…
Artificial Intelligence (AI) continues revolutionizing industries worldwide, including healthcare, retail, finance, automotive, manufacturing, and logistics, driving demand for advanced technology and infrastructure. Among the companies set to benefit significantly from…