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To say that the S&P 500 (SPX) is having a rough few days would be an understatement. The index is down by 2.7% this week. Sure, the SPX has weathered selloffs that are much worse before but this time appears to be different. Multiple economic indicators are flailing reversal signals. On top of that, market […]
As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which […]
Sony has finally fixed its biggest PlayStation failing, albeit indirectly and with little fanfare. In what has been an arduous and at times painful feet dragging slog spanning multiple years, PlayStation 4’s cross-play functionality is now no longer in the beta stage as reported by Wired. Sony is now allowing developers to implement cross-platform capabilities […]
The stock price of GoPro declined by 20% in extended hours after the company said it would delay the shipments of its Hero8 Black and Max. The company had launched the products on Tuesday this week. In a filing with the SEC, the company attributed the delay to a “late-stage production delay”, adding it also […]
Dow Jones Industrial Average (DJIA) futures enjoyed a relief rally on Thursday after a brutal two-day selloff saw 800 points wiped off the US stock market index. But the pain might not be over yet. A broad measure of stock market volatility – the Cboe volatility index (VIX) – is still a long way from […]