Business & Economy
Explore the latest Business & Economy global economic trends on TrueNewj.com.. Stay informed with expert insights, market updates, startup stories, and financial analysis from India and around the world
Analyst Predicts 140% Rise for MicroStrategy Stock
2026 has barely brought a respite to shares of Strategy (Nasdaq: MSTR), formerly known as MicroStrategy. Although the stock is up almost 10% this year, performance has been fairly stable over the past month. Even then, one analyst has raised his price target for Strategy shares for two reasons. Related: Jane Street steps away from…
Guggenheim just got a buy rating on StubHub. Bets with a $12.50 price target on the rise of live events
Quick reading Guggenheim initiated coverage of StubHub (STUB) with a Buy rating and a $12.50 price target, betting on enduring demand for live events and tailwinds in global ticket sales. StubHub’s swinging first-quarter profitability and EBITDA growth of 50% support the bullish case, although risks from high leverage and consumer confidence warrant careful position sizing….
From favelas to informal settlements, new UN report points to housing solutions that work
A major new UN report says such efforts are more than isolated successes. With the right tools, he maintains, alleviating the global housing crisis, which affects billions, may be within our reach. Published by UN-Habitat and launched on Tuesday at the 13th World Urban Forum (WU13), in Baku, Azerbaijan, the report also points to a…
Nvidia and Apple Maintain Stock Market Power Like Never Before – Chart of the Day
Talk about an unwavering belief in the future power of artificial intelligence. The S&P 500 has never been more focused on two stocks than it is today. Nvidia (NVDA) and Apple (AAPL) make up more than 15% of the index, Charlie Bilello, chief market strategist at Creative Planning, noted in a new chart (below). This…
Lloyds silent on Halifax phasing rumors
Lloyds Banking Group is staying tight-lipped over reports the nearly 174-year-old Halifax brand is being scrapped. In a statement to International Retail BankerA Lloyds Banking Group spokesperson said: “We regularly look at the role our brands play in supporting our customers. Our banking customers can already use any Lloyds, Halifax or Bank of Scotland branch,…
GII acquires minority stake in food packaging company Hotpack
United Arab Emirates (UAE)-based alternative investment firm GII has completed a minority stake investment in Hotpack Global Holding, a food packaging producer in the Gulf Cooperation Council (GCC), according to a press release published in Zawya. The investment will fund further growth for Hotpack, including increased production from the newly opened production lines and the…
Solana slides into worst weekly performance in Top 10 as whales boost sales
The broader cryptocurrency market slowdown has weighed heavily on major digital assets. However, Solana (SOL) has become one of the biggest losers among the top 10 cryptocurrencies by market cap. Over the past week, SOL has fallen approximately 12%, lagging its large-cap peers amid risk-off sentiment across markets. Follow us on X to get the…
Three factors that could cause a stock market correction in summer
Several things have to happen to set the stage for a summer stock market correction, warned Deutsche Bank strategist Henry Allen. The analysis: To achieve a more pronounced stock sell-off, Allen said, past experience has shown that at least one of the following factors would be needed: A sustained oil shock (or at least valued…
The Long-Term Care Decision a 64-Year-Old Couple Missed at Age 58 and Why They Now Wish They’d Purchased It Six Years Ago
Quick reading At age 58, a couple stopped purchasing $4,800 a year long-term care insurance, thinking the premium was a discretionary expense they could skip. Six years later, a Parkinson’s diagnosis left the wife uninsured, and the couple now faces between $216,000 and $432,000 in potential out-of-pocket costs for care. Waiting costs money: Six years…