Photo by Capitalist Money on August 13, 2024. May be an image of A view of the New York Stock Exchange building on Wall Street in New York City. The image may contain text such as 'BREAKING', 'US Stock Market Outlook', 'Capitalist Money'.

Navigating the Week Ahead: US Stock Futures and Key Economic Indicators

US stock futures are pointing towards a slightly higher open on Monday, suggesting a cautiously optimistic sentiment among investors. This comes as Wall Street gears up for a week brimming with crucial economic data releases that will shed light on inflation and consumer spending, two key factors influencing the trajectory of the market. Last week’s…

Read More
Photo by Capitalist Money on August 06, 2024. May be an image of A wide shot of the front of the New York Stock Exchange building with a large group of people out front. The image may contain text such as 'Capitalist Money', 'BREAKING', 'Tech Stocks Tumble'.

Magnificent Seven Stocks Tumble: A Trillion-Dollar Valuation Wipeout

Monday’s market turmoil sent shockwaves through the tech sector, with the so-called “Magnificent Seven” stocks taking a major hit. These seven tech giants, which have dominated the stock market in recent years, lost more than $650 billion in market capitalization on Monday alone, contributing to a staggering $1.3 trillion wipeout over the past three trading…

Read More