Ethan Cole is a markets analyst for Wealtoro, specializing in corporate news, equity analysis, and the impact of macroeconomic policy on specific industry sectors. He covers how central bank decisions and economic data affect company valuations and investor sentiment.
Portfolio
Global markets are cautious as investors await key U.S. inflation and jobs data. Tech stocks are down, the dollar is weakening, and commodities show mixed results.
Wall Street analysts are significantly raising their price targets for Micron Technology, with some reaching $300, driven by soaring AI-related demand for memory chips.
Oracle's stock plunged 11% despite beating earnings estimates, as a slight revenue miss and weak guidance fueled concerns over its costly cloud strategy.
Financial markets show a split personality as U.S. stocks hit resistance while precious metals gain on Fed pivot hopes, signaling rising investor caution.
HSBC Holdings Plc has appointed insider Brendan Nelson as its new chairman, succeeding Mark Tucker. Nelson, 76, joined the board in 2023 and recently served as interim chair.
U.S. stock futures edge higher amid market uncertainty, as MongoDB's stock soars on strong earnings while the crypto sector's downturn hits retail investors hard.
A data-center fault at the Chicago Mercantile Exchange (CME) triggered a multi-hour trading halt, disrupting global futures and options markets.
U.S. markets surged as technology stocks led a broad rally, while a weakening dollar pushed gold and silver prices to test new highs.
U.S. stocks climbed on Wednesday as fresh economic data fueled investor hopes for a potential Federal Reserve rate cut before the end of the year.
Global markets show a complex picture as crude oil demand weakens, natural gas gets a weather boost, and the yen falls. Gold and XRP find support on separate positive news.
Investors are closely watching Nvidia's earnings as a key test for AI enthusiasm, while major retailers like Target and Lowe's signal caution by lowering forecasts.
U.S. markets recorded their worst day since October, driven by a sharp sell-off in AI and technology stocks amid growing concerns over high valuations.
Wall Street finished a volatile week with its first weekly loss in a month, as tech stocks wavered and a government shutdown withheld key economic data.
A Federal Reserve governor suggests that booming demand for dollar-pegged stablecoins could lower the neutral interest rate, potentially forcing the central bank to cut its policy rate to avoid harmin
A leading market bull, Ed Yardeni, warns of a potential 5% S&P 500 pullback by December as tech stocks see institutional selling. Experts suggest a breather, not a bear market, emphasizing investment
Canada's economy added a surprising 66,600 jobs in October, lowering the unemployment rate to 6.9% and strengthening the case for a rate hold.
The AI stock rally faces investor caution as tech-focused ETFs like QQQ and SMH show mixed signals. While year-to-date gains are strong, recent declines and high valuations are prompting scrutiny.
Snap's stock surged over 15% after the company reported strong revenue, announced a $500 million buyback, and revealed a new $400 million deal with Perplexity AI.
U.S. stock indices fell sharply, led by a 2% drop in the NASDAQ, as a tech sector reversal and layoff concerns spooked investors ahead of key jobs data.
TD Bank will close 51 branches across 13 states by the end of 2026, part of a major strategic shift toward digital services and a $2.5 billion cost-cutting plan.