Federal Reserve’s September Rate Cut: A Bold Decision
The Federal Reserve's recent meeting unveiled a split among officials regarding September's interest rate cut.
S&P 500 and Nasdaq Climb as Tech Stocks Lead
Tech stocks drove the S&P 500 up by 1% and the Nasdaq Composite by 1.4% on Tuesday.
Nvidia’s Rally Powers Market Rebound: Are Rate Cuts Next?
The world's largest tech companies, notably Nvidia, propelled the stock market higher.
Funding Market Frenzy: What December Could Mean for Your Investments
The US funding market is bracing for potential turbulence as December approaches.
AI or Bitcoin? The Dilemma Facing Miners and Investors
Bitcoin miners are at a crossroads, deciding between diversifying into AI and high-performance computing (HPC) or maintaining a focus on...
China’s Golden Week: Why Spending Still Trails Pre-Covid Levels
Chinese tourists spent less during their recent holiday than before the pandemic, despite making 10.2% more trips compared to 2019.
China Stimulus: Enough to Sway Markets?
U.S. futures slipped as the Justice Department considers breaking up Alphabet Inc.’s Google search engine, intensifying antitrust pressure on Big...
White House Takes Reddit: New Era of Information Sharing
The Biden-Harris administration has launched a White House account on Reddit to share crucial information directly with the public.
Epic Win: Google Must Open Doors to Rival App Stores
A federal judge has ordered Google to allow rival app stores on its Android platform for three years.
Tesla’s Robotaxi: Revolution or Risk?
Tesla will unveil its long-awaited Robotaxi prototype, known as the Cybercab, during the "We, Robot" event in Burbank, California.
Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser