The wealth effect giveth, and it taketh away. This week’s stock market volatility, and especially Friday (April 12)’s plummet in the wake of big bank earnings, shines a light on the value of stock market holdings. Specifically, it highlights who holds those holdings, and what...
The digital economy has come full-force to Wall Street. To be sure, there are thousands of tech-heavy companies — asset light, digital first, perhaps digital-only players trading on various exchanges. But the recent announcement that Amazon has joined the Dow Jones Industrial Average as of Monday (Feb....
In stock market news, the rally that started the week and a new quarter had a bifurcated effect. The Dow Jones Industrial Average hit a new high intraday, up more than 180 points and backing off a bit to a 129 point gain. The gulf...
The stock markets swooned to the upside in the wake of President Donald Trump’s surprise ascension to the presidency. Double-digit percentage gains were in place in just a few months, broadly dispersed across the major U.S. indices, and with the Standard and Poor’s 500 Stock...
July 15, 2024
The Connected Economy (CE) 100 Stock Index was launched in February 2022. It was introduced as an equity index of 100 publicly traded companies across 11 categories, aiming to track the digital transformation and the growth of the connected economy. At the time, though we were emerging from the pandemic, and that the CE had some […]
January 27, 2017
All in a week's work. Beat the Street, make a buy. Alibaba did both, putting to rest fears of a Chinese consumer speed bump with its latest quarterly results, and,...
July 04, 2017
In stock market news, the rally that started the week and a new quarter had a bifurcated effect. The Dow Jones Industrial Average hit a new high intraday, up more than 180 points and backing off a bit to a 129 point gain. The gulf yawned between financial stocks, which boosted the Dow, and tech […]
March 22, 2017
The stock markets swooned to the upside in the wake of President Donald Trump’s surprise ascension to the presidency. Double-digit percentage gains were in place in just a few months,...
November 22, 2016
Looks like the Trump rally may have some legs. The Dow Jones Industrial Average touched a new high on Tuesday, notching gains above the psychologically important 19,000-point mark. The Dow...
