Market News

Charmingly eccentric, full of personality, and designed for maximum reader engagement RCS Messaging Traffic in East Africa set to hit a massive Growth by 2029 – Infobip Report Nairobi, Kenya, 14th October 2024 – Rich Communication Services (RCS) is poised to revolutionise messaging across Africa, with key markets such as Kenya, Tanzania, and Uganda expected…

Recent Urgent Funding Needed for Kabalega International Airport Behind the Headlines Recent revelations from Parliament highlight a critical situation regarding the ongoing construction of Kabalega International Airport. Lawmakers were informed that SBC (Uganda) Ltd, the contractor responsible for the project, has threatened to demobilize the site due to insufficient funding allocated in the government’s budget….

The Russell 2000 Index and Possible Downward Elliott Wave Path Introduction The Russell 2000 Index has been showing signs of stalling beneath its summer 2024 high, mirroring the behavior we observed recently in the NASDAQ 100 ETF. In this article, we will delve into the potential implications of this stallout, particularly if it leads to…

The U.S. sends missile defense system to Israel Protecting Israel from ballistic missiles Did you hear the news? The U.S. is sending an advanced missile defense system to Israel, along with about 100 troops to operate it. Their mission? To protect Israel from incoming ballistic missiles fired by Iran. This is a serious move by…

Charmingly Eccentric: The Impact of Monetary Policy Caution Federal Reserve Governor Christopher Waller’s Cautionary Stance During a conference at the Hoover Institution in Stanford, California, Federal Reserve Governor Christopher Waller expressed his views on the current state of monetary policy. He emphasized the importance of proceeding with caution on the pace of rate cuts, indicating…

Mahoney Asset Management CEO Ken Mahoney Earnings Season Dos and Don’ts Breaking Down AI Picks of Mahoney Asset Management CEO Ken Mahoney Ken Mahoney, the CEO of Mahoney Asset Management, recently joined Wealth! Host Brad Smith to discuss his insights on earnings season dos and don’ts. In addition, he shared his artificial intelligence (AI) picks…

Two Years of Stock Market Rollercoaster: The Good, The Bad, and The Ugly Riding the Waves of the S&P 500 It’s been a wild ride for investors in the S&P 500 over the past two years. With the index hitting its closing low, it seemed like the market was in for a bumpy road ahead….

The Changing Landscape of the Stock Market Market Trends and Shifts As we head into the uncertainty of the election and the historically bullish month of November, the market has demonstrated that it’s a long way from its days of depending on the popular tech and Risk-On stocks to maintain its uptrend. The Risk-On category…