Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data

Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data

Topline The stock market rallied on Wednesday, reversing losses from earlier in the week on stronger-than-expected economic data that helped offset lingering recession fears, even as Federal Reserve officials continue to pledge to further rate hikes to bring inflation down. Markets surged higher amid renewed optimism about the economy, which offset recession fears. Seth Wenig/Associated … Read more

AMTD Digital Plunges Nearly 50%—Stay Away From This ‘Absolute Scam,’ Expert Warns

AMTD Digital Plunges Nearly 50%—Stay Away From This ‘Absolute Scam,’ Expert Warns

Topline Shares of Hong Kong fintech firm AMTD Digital continued to plunge on Thursday, tumbling for the second day in a row after rising more than 21,000% since its IPO in July, with experts calling it a new stock meme and warning investors to steer clear of the stock because its valuation looks like “an … Read more