Month: September 2024

China’s Stock Market Surge: Real Estate and Policy Support Fuel Recovery

China’s stock market has seen a significant uptrend recently, primarily driven by government efforts to stabilize the housing sector. Cities like Beijing and Shanghai have eased property restrictions, signaling a pivot in the government’s approach to the beleaguered real estate market, which has been struggling for years due to regulatory pressures aimed at curbing debt… Continue reading China’s Stock Market Surge: Real Estate and Policy Support Fuel Recovery

Could China Quietly Blow Up the Bitcoin Price and Crypto Market?

China has long played a significant role in the global cryptocurrency market. Despite a series of regulatory crackdowns, China’s influence has persisted, particularly through its mining operations, large investor base, and control over key technology supply chains. Now, speculation is rising that China could be preparing to quietly impact Bitcoin and the broader cryptocurrency market… Continue reading Could China Quietly Blow Up the Bitcoin Price and Crypto Market?

Upcoming Quarterly Reports 9/23 – 9/27 2024 (Week 39)

Another small showing this week with Small-caps dominating the majority. Large-cap 09/24/24 AZO AutoZone 09/25/24 MU Micron Technology CTAS Cintas JEF Jefferies Financial Group 09/26/24 COST Costco Wholesale ACN Accenture JBL Jabil KMX CarMax Medium-cap 09/23/24 AIR AAR 09/24/24 AZO AutoZone KBH KB Home THO Thor Industries PRGS Progress Software WOR Worthington Enterprises, Inc. 09/25/24… Continue reading Upcoming Quarterly Reports 9/23 – 9/27 2024 (Week 39)

Understanding the Federal Interest Rate: Its Role, Importance, and Impact on the Economy

The Federal interest rate, often referred to as the Federal Funds Rate, is one of the most crucial levers of economic policy in the United States. Set by the Federal Reserve (commonly known as “the Fed”), this rate is a benchmark that influences the cost of borrowing, consumer behavior, and ultimately the health of the… Continue reading Understanding the Federal Interest Rate: Its Role, Importance, and Impact on the Economy

Coinbase and Goldman Sachs Create a New Crypto Exchange, TrueX

TrueX is a new cryptocurrency exchange, launched by former Coinbase and Goldman Sachs executives, Vishal Gupta and Patrick McCreary. It is a stablecoin-native platform, meaning that it exclusively uses stablecoins for transactions and settlements, aiming to offer a more secure, efficient, and transparent trading environment. The founders, Gupta and McCreary, bring substantial experience from their… Continue reading Coinbase and Goldman Sachs Create a New Crypto Exchange, TrueX

Tupperware: A Legacy Brand on the Brink of Bankruptcy

Tupperware, a household name for decades, is reportedly preparing to file for bankruptcy, marking a significant downturn for a company once synonymous with food storage innovation. On Monday, Tupperware shares plummeted by 59%, sending shockwaves through the stock market and extending into heavy-volume after-hours trading. This article delves into the history of the Tupperware brand,… Continue reading Tupperware: A Legacy Brand on the Brink of Bankruptcy

Upcoming Quarterly Reports 9/16 – 9/20 2024 (Week 38)

We got an interesting week in store for us with just a handful of Large-cap companies and the rest are Small-cap.  That’s right, Medium-cap is nowhere to be seen this week. Get your Info and Get your Share at MarketDraft. Large-cap 09/17/24 FERG Ferguson plc 09/18/24 GIS General Mills 09/19/24 FDX FedEx LEN Lennar LEN.B… Continue reading Upcoming Quarterly Reports 9/16 – 9/20 2024 (Week 38)

American Citizens Lost Billions to Cryptocurrency Scams

In a recent report by the FBI, it was revealed that American citizens lost over $2.5 billion to cryptocurrency-related scams in 2022, marking a significant increase compared to previous years. A 45% increase brings the total losses to a staggering $5.6 billion.  As digital assets gain mainstream popularity, so do the number of fraudulent schemes… Continue reading American Citizens Lost Billions to Cryptocurrency Scams

Upcoming Quarterly Reports 9/9 – 9/13 2024 (Week 37)

Not a whole lot of Large-cap quarterly reports this week so our weekly contest will be more of a random grab bag rather than our typical focus. Get your Info here then head to MarketDraft to Get your Share!   Medium-cap Small-cap Large-cap Monday 09/09/24 ORCL Oracle Thursday 09/12/24 ADBE Adobe LEN Lennar LEN.B Lennar… Continue reading Upcoming Quarterly Reports 9/9 – 9/13 2024 (Week 37)

Stock Updates: Delisted and Changes (September 2024)

We’ve got a small update this month to the available stocks here at MarketDraft. Changes GPS -> GAP  –  Gap Inc Delisted CEI – Camber Energy Inc MORF – Morphic Holding Delisted: Moved to OTCMarket TBLT – Toughbuilt Industries

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