In a recent Joe Rogan interview, venture capitalist Marc Andreessen revealed that the debanking of tech firms caused the Silicon Valley shift toward Trump.
TEL AVIV, Israel, Nov. 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB Security” or the “Company”), a leading provider of cybersecurity solutions and advanced data fabric, announces an agreement with AGP to reduce by 70% its $5.7 million convertible note obligations by way of amicably negotiated settlement, as part of the Company’s strategic efforts to strengthen its balance sheet and reduce overall debt. The Company has also obtained an additional $1 million
US stocks (^DJI, ^IXIC, ^GSPC) have seen tremendous gains in November coming off of a post-election rally, with Wall Street expecting 2024 to be a record year as a whole for equities. Will this all carry over into 2025, especially as President-elect Donald Trump retakes office? "As we turn the calendar, some of the things that have been driving us this year continue into next year. Things maybe are not as robust as we've seen in terms of economic growth in 2024. It may be a little slower in 2025, but the consumer remains strong," US Bank Wealth Management Senior Investment Strategist Rob Haworth says. "The labor market remains robust, and obviously, it's a very important report next week on the labor market as we head into the Fed [Federal Reserve] meeting [in December]." Haworth joins the Morning Brief's Julie Hyman and Brian Sozzi to talk about his forecasts for US and international markets, with a particular focus on tech giant Alphabet (GOOG, GOOGL) and healthcare stocks. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
The tech sector bounces back, with the Technology Select Sector SPDR Fund (XLK) making up for losses recorded before the Thanksgiving holiday. Brian Sozzi and Julie Hyman take a look at the top stories for Big Tech companies, including Nvidia (NVDA), Alphabet (GOOG, GOOGL), and Microsoft (MSFT), on Catalysts. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Naomi Buchanan.
TEL AVIV, Israel, Nov. 29, 2024 (GLOBE NEWSWIRE) -- via IBN -- HUB Cyber Security Ltd. (NASDAQ: HUBC) (“HUB Security” or the “Company”), a leading provider of cybersecurity solutions and advanced data fabric, announces an agreement with AGP to reduce by 70% its $5.7 million convertible note obligations by way of amicably negotiated settlement, as part of the Company’s strategic efforts to strengthen its balance sheet and reduce overall debt. The Company has also obtained an additional $1 million
Vanguard is known for its low-cost ETFs, especially its extremely popular Vanguard S&P 500 ETF. Small cap stocks have dramatically underperformed their large-cap counterparts for over a decade. As of Oct. 31, the average stock in the Russell 2000 small-cap index traded for a price-to-earnings ratio (P/E) of 16.9, while the typical S&P 500 stock had a P/E of about 27.
Deutsche Bank chief global strategist Binky Chadha has a 2025 year-end S&P 500 target of 7,000 as he believes the US economy will continue to expand over the next year.