Market

The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial conditions could re-ignite price pressures.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/1_21468ce18c.webp" alt="1.webp"></figure>Yields on longer-dated Treasuries that are most sensitive to the inflation outlook have risen to the highest since early September, with some investors worried that the Fed's shift in focus from beating back inflation to protecting the job market could allow for a rebound in price pressures."I think there are questions around how quickly inflation will be able to get to the Fed's target if we're in a cutting environment, and if we're in an environment where the Fed is saying we want to support the labor market before the labor market gets weak," said Cayla Seder, macro multi-asset strategist at State Street Global Markets. She expects long-term yields, which rise when prices fall, to climb further as the market bets on stronger growth and inflation.Fed Chair Jerome Powell said last week the 50 basis point interest rate cut that kick-started the U.S. central bank's descent was a "recalibration" of rates aimed at maintaining strength in the labor market while inflation moves sustainably to the Fed's 2% goal.The Fed's emphasis on economic resilience fueled concerns that the path to lower rates could be slow and bumpy. Fed officials' forecasts on interest rates also suggested a more gradual pace in cuts than what the market anticipated.Expectations for inflation over the next decade as measured by Treasury Inflation-Protected Securities (TIPS) increased after the Fed's announcement on Wednesday, with the 10-year breakeven inflation rate rising to 2.16% on Thursday, its highest since early August. It hit a new high of 2.167% on Monday.An auction of 10-year TIPS on Thursday, after the Fed's rate-setting meeting, was lapped up by investors, with non-dealers absorbing 93.4% of the $17 billion Treasury debt sale, the highest share since January. Flows into U.S. dollar inflation-linked bonds, however, were negative in the week ending on Monday, according to LSEG data."Investors are once again concerned with the specter of reflation," BMO Capital Markets rates strategists said in a note last week. Matt Smith, fund manager at Ruffer, said he has been adding inflation protection to his portfolio over the last few days and weeks.Many in the market have fresh memories of the selloff that happened when a dovish pivot by the Fed in December was followed by months of upside surprises on inflation and employment.The Goldman Sachs U.S. financial conditions index, a measure of the availability of credit in the economy, eased over the course of this year despite interest rates remaining at their highest in over two decades. The day after the Fed's decision, it decreased to its lowest since May 2022."We think inflation is going to remain relatively benign ... but the more aggressive the Fed cuts, the more you have to question that," said Brendan Murphy, head of fixed income, North America, at Insight Investment.

The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial conditions could re-ignite price pressures.

Analysis-Fed's bumper rate cut revives 'reflation specter' in US bond market

Exchanges

The US Department of Justice (DOJ) filed an antitrust lawsuit against Visa, alleging that the payment giant has stifled competition through various anti-competitive practices. The development on Tuesday sent Visa's stock price plummeting, with shares closing down approximately 5.5 per cent for the day, Reuters reported. &nbsp;<figure class="image image_resized" style="width:100%;"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/AA_1r9_Nt_U_cd213a71d7.jfif" alt="AA1r9NtU.jfif"></figure>The DOJ's lawsuit claims that Visa, which processes over 60 per cent of debit transactions in the United States, has maintained its market dominance through questionable agreements with card issuers, merchants, and potential competitors. These practices, according to prosecutors, have allowed Visa to collect around $7 billion annually in fees from debit transactions routed through its network, the report added.In response to the allegations, Julie Rottenberg, Visa's general counsel, defended the company's practices, stating, "When businesses and consumers choose Visa, it is because of our secure and reliable network, world-class fraud protection, and the value we provide." She added that the claims are without merit and that Visa intends to contest them vigorously, Reuters reported.The lawsuit is part of a broader initiative by the Biden administration to address rising consumer prices, a key issue in the upcoming presidential election. Attorney General Merrick Garland emphasized the far-reaching impact of Visa's alleged conduct, saying, “Visa's unlawful conduct affects not just the price of one thing, but the price of nearly everything,” per the Reuters report.According to the DOJ, Visa's anti-competitive behaviour began around 2012, following reforms that required card issuers to accommodate unaffiliated networks. The lawsuit alleges that Visa entered into agreements with potential fintech competitors like Apple, PayPal, and Square (now Block Inc.) to prevent them from releasing products that could threaten Visa's market position, the report added.The legal action seeks to prohibit Visa from imposing pricing structures that discourage competition and paying rivals not to compete. The DOJ aims to restore competition in the debit payment processing market for online and in-store transactions.This lawsuit is the latest in a series of legal challenges faced by Visa and its rival Mastercard over their dominance in the payment card market. Both companies have been involved in litigation for nearly two decades and have already set aside substantial funds for potential settlements related to interchange fees.As the legal battle unfolds, the outcome of this antitrust lawsuit could have significant implications for the payment processing industry and potentially lead to changes in how debit transactions are handled in the United States.

The US Department of Justice (DOJ) filed an antitrust lawsuit against Visa, alleging that the payment giant has stifled competition through various anti-competitive practices. The development on Tuesday sent Visa's stock price plummeting, with shares closing down approximately 5.5 per cent for the day, Reuters reported.

Visa stock plunges as US Department of Justice files antitrust lawsuit alleging market dominance

Warning

In the ever-evolving financial market, choosing a reputable trading platform is more crucial than ever. Recently, InfoFinance received information from the St. Vincent and the Grenadines Financial Services Authority (FSA) about the trading platform Analystque, a name that is raising concerns but is not legally registered.<h2 style="text-align:justify;">Warnings from many financial organizations all around the world</h2><h3 style="text-align:justify;">Not Registered in St. Vincent and the Grenadines</h3>According to the announcement from the FSA, Analystque is not a licensed entity operating in St. Vincent and the Grenadines. Furthermore, the UK’s Financial Conduct Authority (FCA) has indicated that this platform is believed to be providing financial services in the UK without the necessary authorization. This situation poses significant risks for investors considering trading on this platform.<h3 style="text-align:justify;">Warning from IOSCO</h3>The information does not stop there. The International Organization of Securities Commissions (IOSCO) has also issued alerts against Analystque. This indicates that international financial regulatory bodies are closely monitoring the activities of this trading platform, and users need to exercise greater caution when engaging with it.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/infofinance_canh_bao_scam_0c81367fdd.jpg" alt="infofinance cảnh báo scam"><figcaption>Warning on <a href="https://svgfsa.com/warning-notice-analystque/">https://svgfsa.com/warning-notice-analystque/</a>&nbsp;</figcaption></figure><h2 style="text-align:justify;">Why Analystque is raising concern?</h2><h3 style="text-align:justify;">&nbsp;No Forex/Broker Licenses Issued</h3>A crucial point to note is that the FSA does not issue licenses for Forex or brokerage firms in this jurisdiction. The authority only ensures that business companies (BCs) comply with the regulations under the Business Companies (Amendment and Consolidation) Act. Therefore, if a company operates in the Forex or brokerage sector, it must obtain a license from the jurisdiction where its clients are located.<h3 style="text-align:justify;">Potentially Forged Documents</h3>The FSA also warns that any documents presented by Analystque, claiming to be registered or licensed, may be fraudulent. Investors should not trust these documents, as they can lead to unsafe transactions and significant risks.<h2 style="text-align:justify;">Safe Investment with InfoFinance</h2>InfoFinance advises all investors to exercise caution and take necessary steps to protect themselves from fraudulent activities. Before making any investment decisions, always verify the information about the trading platform and conduct thorough research into its legality.We also encourage you to visit the FCA and IOSCO websites to learn more about how to safeguard yourself in the financial sector.Choosing a reputable trading platform is vital to ensuring the safety of your assets. Analystque is not only unlicensed but has also been flagged by multiple financial regulatory authorities. Always remain vigilant and informed when making investment decisions!

Important Warning from InfoFinance Regarding Analystque


Costco Wholesale shares edged lower in early Tuesday trading after a top Wall Street analyst clipped his rating on the bulk discount retailer heading into its fourth quarter earnings report later in the week.Costco &nbsp;(COST) , one of the top-performing stocks in the retail sector this year, has added around $160 billion in market value over the past twelve months as its focus on aggressive pricing in a limited number of items, as well as increased efficiency in its higher-margin online division, has consistently added to bottom line gains.<img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/1_02bb42b1dc.webp" alt="1.webp">The group also unveiled its first membership fee increase in more than seven years over the summer under new finance chief&nbsp;Gary Millerchip, taking the price of its executive card to $125 per year.D.A. Davidson analyst Michael Baker said at the time of the increase that the move will likely add around $377 million in total revenues of the next two years and generate an annual profit boost of around $189 million.However, other changes brought by the group over the summer, including the scanning of membership cards at store entry points, may blunt sales gains over the three months ending in August, while the stock's impressive gains have given it "little room for error" with respect to near-term performance, according to Truist Securities analyst&nbsp;Scot Ciccarelli.'Little room for error'"The business remains strong and is gaining share across nearly all trade classes, with arguably the highest barriers to entry in retail," he said.&nbsp; "However, recent changes like scanning IDs on entry and packaging adjustments to their chickens could create some sales headwinds."Ciccarelli lowered his rating on Costco stock to 'hold' from 'buy', while keeping his $873 price target in place ahead of the group's fourth quarter earnings, which are slated for after the close of trading Thursday."Key catalysts are now in the rearview mirror, and the stock's current valuation leaves little room for error," Ciccarelli said."Costco is up around 60% in the last 12 months (multiple up by roughly 20 turns) versus the S&amp;P's 30%, and it’s now trading at about 54x forward [earnings per share], a multi-decade high," he said. "Therefore, we downgrade Costco and will look for a more attractive re-entry point."

Costco Wholesale shares edged lower in early Tuesday trading after a top Wall Street analyst clipped his rating on the bulk discount retailer heading into its fourth quarter earnings report later in the week.

Analyst revisits Costco stock price target, rating, ahead of earnings

<ul><li>Stock market highs are expected to continue into 2025, according to Oppenheimer's Ari Wald.</li><li>In a note, Wald highlighted strong market breadth and healthy signs across various sectors.</li><li>Key sectors like industrials, financials, and technology look resilient, Wald said.</li></ul><figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/BB_1kbc_UL_25bd0eea6a.jfif" alt="BB1kbcUL.jfif"></figure>Record highs in the stock market are set to continue, as few signals suggest a top in equity prices is near.That's according to Oppenheimer managing director and technical analyst Ari Wald, who said in a note over the weekend that there are bullish "inflection points" in the underlying market."We continue to balance seasonal headwinds against our view that evidence of a major top is not compelling," Wald said.Wald said he is encouraged by the fact that the number of stocks on the New York Stock Exchange above their 200-day moving average is above 60%, which is a healthy sign for a market advance, as it shows that it's not just a handful of mega-cap tech companies driving the gains."We stress that market breadth remains constructive, and defensive leadership may represent a 'catch-up' into previous underperformers," Wald said.Wald said that based on the chart, traders can buy last week's breakout to new cycle highs in the S&amp;P 500, with a stop-loss set at the 5,650 level on a closing basis.A stop-loss is a risk management tool used by traders to automatically sell a security when a certain price is hit.For the S&amp;P 500, the 5,650 level represents potential downside of just 1%, while Wald's upside price target of 6,000 in the first half of 2025 represents potential upside of 5%.Wald's 6,000 price target for the S&amp;P 500 is based on the median bull market cycle."The S&amp;P 500 is up 64% over the 23 months between October 2022 and September 2024. Since 1932, the median bull cycle has gained 73% over a 32-month period," Wald said.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/BB_1m_H2ar_62ad2b62ac.jfif" alt="BB1mH2ar.jfif"></figure>Meanwhile, the average bull market cycle gain is 102% over a 34-month period.And if the current bull market follows the path of the average bull market, stocks could continue to rise through the end of 2025 with the S&amp;P 500 rising to around the 7,000 level.That 7,000 target aligns with a bullish prediction from Evercore ISI, which said in June that the AI craze could push stocks higher in 2025.Beneath the surface of the broad market, Wald said he is encouraged by the "right" leadership making new highs, including the Industrials sector."We view the cycle high for Industrials as confirmation of an intact bull market," Wall said.Record highs in the financials sector is another positive sign for the broader stock market, while the technology sector could be gearing up for its next big move higher, according to Wald.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/AA_1r3fur_0b47a01199.jfif" alt="AA1r3fur.jfif"></figure>"Technology is coming off an all-time high on both an absolute and relative basis in July. While the sector's relative trend has moderated, we still believe Technology represents one of the strongest long-term structures in the market," Wald said.Finally, Wald highlighted the healthcare sector as another area of the market that is showing resilience, even as it lags other sectors.While the healthcare sector is breaking out to new all-time highs, on a relative basis it is falling to new multi-year lows compared to the S&amp;P 500."We think the divergence between Health Care's absolute and relative trend speaks to the broadness of market breadth — even lagging sectors are rallying," Wald said.Similar scenarios are playing out in the communication services and materials sectors, according to the note.

Stock market highs are expected to continue into 2025, according to Oppenheimer's Ari Wald.

Why stocks have a lot more room to rally before hitting a peak, according to a technical analyst

Recently, InfoFinance has received numerous complaints from investors regarding fraudulent activities and scams associated with MHMarkets Vietnam. Despite promises of attractive returns and claims of being a reputable international trading platform, the reality tells a different story. Many accounts have been "wiped out" in a short period without any satisfactory explanation from the broker. In light of this situation, InfoFinance has issued an official warning, advising investors to be cautious and avoid MHMarkets to mitigate the risk of financial loss.<h1 style="text-align:justify;">Nearly 200 Million VND Vanishes from an MHMarkets Vietnam Account</h1>A victim, who wishes to remain anonymous for personal safety, shared their bitter experience with InfoFinance after being defrauded by MHMarkets Vietnam. The victim recounted being persuaded by an old classmate to invest in the Forex market through MHMarkets. The investment offer was enticing, promising extraordinarily high returns – the capital was expected to double in just 1.5 months. Trusting these promises and promotional claims that MHMarkets was a reputable international broker, the victim deposited nearly 200 million VND into a trading account.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_dcd568f0ba.png" alt="Thiết kế chưa có tên.png"></figure>Initially, MHMarkets executed trades with a profit-sharing model of 30% to the victim and 70% to the broker. However, within less than a month, the entire balance in the victim’s account mysteriously disappeared. Upon realizing this, the victim contacted the broker for an explanation and attempted to recover the lost funds, but all efforts proved futile. Currently, the victim is seeking assistance from authorities and the investment community, hoping to recover the lost money. This case serves as a harsh lesson for the individual and a warning to other investors about the hidden risks of engaging with unclear trading platforms.<h1 style="text-align:justify;">InfoFinance’s Warning: Be Wary of MHMarkets and Other Scam Tactics</h1>InfoFinance advises investors to be particularly cautious when dealing with brokers of dubious origins and credibility, such as MHMarkets. Experience has shown that engaging with unlicensed or non-transparent platforms can lead to significant risks, including total loss of assets. To safeguard their interests, investors should thoroughly verify the legality and reputation of a platform before making any investment decisions.InfoFinance emphasizes that no legal Forex or Broker licenses have ever been issued in St. Vincent and the Grenadines, a common registration location for many fraudulent brokers. This is a clear red flag regarding the transparency and trustworthiness of MHMarkets and similar trading platforms.<h1 style="text-align:justify;">How to File a Complaint Against Brokers on InfoFinance</h1>To help investors protect their rights, InfoFinance offers a transparent and straightforward process for reporting fraudulent brokers. Investors can file complaints through the following steps:<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Screenshot_2024_09_23_at_23_55_26_bfe52f48dd.png" alt="Screenshot 2024-09-23 at 23.55.26.png"></figure><ol><li>Visit the official InfoFinance website at infofinance.com.</li><li>Select the "Report Broker" section on the homepage.</li><li>Click "Send Report" to initiate the complaint process about any issues encountered.</li></ol>Each complaint is handled by InfoFinance’s senior experts, who closely monitor and assess the situation. The experts will conduct direct inspections of the broker’s business registrations and evaluate their transparency. With a strict and legally grounded process, InfoFinance is committed to delivering justice for investors and ensuring market transparency.

Recently, InfoFinance has received numerous complaints from investors regarding fraudulent activities and scams associated with MHMarkets Vietnam. Despite promises of attractive returns and claims of being a reputable international trading platform, the reality tells a different story. Many accounts have been "wiped out" in a short period without any satisfactory explanation from the broker. In light of this situation, InfoFinance has issued an official warning, advising investors to be cautious and avoid MHMarkets to mitigate the risk of financial loss.

InfoFinance Warns Against MHMarkets: Exposing Fraudulent Practices

Shares of Trump Media plunged to a new low Thursday — the day that former President Donald Trump and other major investors were finally allowed to sell their shares in the parent company of social media platform Truth Social.<figure class="image image_resized" style="width:100%;"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/AA_1q_R_Oc_I_a9436ab45e.jfif" alt="AA1qROcI.jfif"></figure>The company closed down nearly 6%, at $14.70, as the six-month lockup period preventing insiders from selling the stock expired after Trump Media merged with blank-check company Digital World Acquisition Corp to take it public.Trump, the majority owner with a 57% stake now valued at around $1.7 billion, said last week that he has no intention of selling his position — a move that would effectively devalue the stock.The Republican presidential nominee and other large investors, who collectively own more than 20 million shares, were free to sell the stock after the closing bell. Trump Media debuted on the Nasdaq to great fanfare in March, with the share price soaring to more than $60.But It has suffered volatile swings during his run for the White House as incumbent Joe Biden dropped out and Kamala Harris got the Democratic nomination.The latest polls show Trump and the Vice President are virtually tied in the major swing states.Trump launched Truth Social in February 2022 after he was banned from major sites such as Facebook and the platform formerly known as Twitter following the Jan. 6 attack on the US Capitol.He’s since been reinstated to both — and endorsed by X owner Elon Musk — but he still mostly posts on his own platform.While Truth Social sought to capitalize on the outrage over Trump’s bans, it has struggled gaining traction.The platform had less than 1 million daily active users as of April, according to data from Similarweb.

Shares of Trump Media plunged to a new low Thursday — the day that former President Donald Trump and other major investors were finally allowed to sell their shares in the parent company of social media platform Truth Social.

Trump Media stock sinks as former president can finally sell his shares

Will Tesla Stock Split in 2024? No, Tesla CEO Elon Musk and his Board of Directors have not announced any plans for a Tesla stock split in 2024.But the maverick CEO of SpaceX and Starlink could send a tweet anytime, keeping Tesla stock split rumors alive, so it is worth keeping abreast of the situation.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Tesla_Stock_Split_1_jpg_8b2ce62173.webp" alt="Tesla-Stock-Split-1.jpg.webp"></figure>Why Doesn’t Tesla Split Its Stock? TSLA Stock Price Tesla (TSLA) stock is well down from all-time highs; thus, the impetus to make shares more affordable is not quite there.If Tesla’s current stock price isn’t viewed as prohibitively high, there might not be a strong need for a split. In other words, Tesla may believe the price is already within reach for most investors.That’s not to say a Tesla stock split date could never be announced at these prices. Historically, management has tried to bump shares out of a slump by conducting stock splits.Management at Tesla may feel that its current stock price accurately reflects its market value, and therefore doesn’t see the necessity of a split.A higher stock price can convey stability to investors, and Tesla may want to preserve that perception.Earnings Tesla’s 2023 annual earnings paint a mixed picture.While revenues increased by 24% year-over-year from 2022 to 2023, reaching $81.5 billion in 2023, its net profit declined. In 2022, Tesla had a net profit of around $12.6 billion, but in 2023, that figure dropped to approximately $10.5 billion, reflecting a 17% year-over-year decrease in profits. This drop in profitability comes from price cuts on its vehicles to stay competitive, squeezing margins. With profits down and costs rising, Tesla’s current financial position might not justify another stock split, which usually signals strong confidence in future growth.Elon Musk’s Distractions It seems fair to assume that a Tesla stock split couldn’t happen without CEO Elon Musk’s approval. However, Musk appears to be preoccupied with his other ventures, from Starlink to X Corp (formerly Twitter) to SpaceX and Neuralink.To his credit, he appears to be juggling all his ventures with sufficient verve – but a Tesla stock split is probably far down the pecking order of Elon Musk’s priorities.More broadly, if Tesla’s top team doesn’t see any major strategic benefits from a split at this time, it might choose not to proceed with one. Without a clear advantage, they could prefer to maintain the current structure rather than change it unnecessarily.EV Market Outlook While the trend towards electrifying vehicles still looks to be intact, the industry is not without uncertainties. For one, the value of used Teslas has been falling, pointing to potentially falling demand as well as government discount schemes to buy new EVs, which distorts the incentives behind market pricing.Tesla’s previous stranglehold over the EV market has also been waning as the major car manufacturers catch up. There is high demand for hybrids, and new low-cost EV competitors, mostly from China, are bringing down the average price.What Does This Mean for Investors? Long-term Tesla shareholders will have preserved the memory of TSLA shares north of $400 and would likely want to see a return to those levels, something a stock split closer to $200 would delay.Tesla could theoretically do a 2-for-1 stock split at ~$200, bringing the shares back to $100 – a nice round number and affordable to most potential investors. That would mean that the adjusted Tesla record high would not be $409.97 but rather $204.99.The possible downside of such a move would be psychological. Long-term shareholders, while understanding that the all-time high price has adjusted post-split, might still want to see the shares rise over $400—and over the pre-split record high.

But the maverick CEO of SpaceX and Starlink could send a tweet anytime, keeping Tesla stock split rumors alive, so it is worth keeping abreast of the situation.

Will Tesla Stock Split in 2024 After TSLA Bounces Back?

Trump Media &amp; Technology Group&nbsp;(DJT&nbsp;-6.60%)&nbsp;has been one of the most polarizing stocks to own this year. When the optimism surrounding Donald Trump's chances of winning the presidential election was high, the stock was doing well. But when the outlook changed, the stock quickly went into negative territory.What's sometimes forgotten is that there's a real company behind the stock, not just the former president. Trump Media may not be much of a business right now, but its fundamentals are still the ultimate reason why investors should consider investing in the stock or not.However, the company's future is uncertain, and a lot seems to be hinging on whether the former president gets elected this year. Is this stock too risky to own? Could it ultimately be headed to $0?<figure class="image image_resized" style="width:100%;"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/a573cfd2ea868773a9dc3f626cf1480f_a3213d9723.png" alt="a573cfd2ea868773a9dc3f626cf1480f.png"></figure><h2 style="margin-left:0px;">It has the classic signs of a meme stock</h2>Trump Media generates minimal revenue, and the social media platform Trump Social isn't exactly taking off and giving other social media stocks cause for concern. As is the case with other&nbsp;meme stocks, factors outside of the company's core operations impact its share price, not its fundamentals.When President Joe Biden announced he was dropping out of the election in July, shares of Trump Media stock proceeded to fall, as speculators likely saw worsening prospects for Trump winning against Democratic candidate Kamala Harris than they did against Biden. Since that announcement on July 21, Trump Media has lost half its value.Another feature of a risky meme stock is that there are often plenty of&nbsp;short-sellers&nbsp;betting against it. The stock has averaged a fairly high short interest of more than 7% this year, and that percentage has been rising in recent weeks.&nbsp;This opens the door to a possible&nbsp;short squeeze&nbsp;if speculators become more bullish on Trump's chances, which would add to the overall risk and volatility that may come from owning the stock.<h2 style="margin-left:0px;">The fundamentals are what matter, and they aren't great</h2>Trump Media doesn't report user metrics -- likely because they aren't all that impressive. After all, they could help give investors a reason to buy the stock if they were good. At least they could provide investors with the hope that there's potential for the platform to draw interest from advertisers down the road, even though the business isn't profitable today and revenue isn't strong,I always look at the information a company leads with when it reports earnings, as that can help indicate what it thinks is most important for investors to focus on. For an unprofitable company, it might be user growth or some other metric to suggest it's doing well, such as shrinking losses.In Trump Media's August press release announcing earnings, the top bullet point was that it had $344 million in cash and no debt on its books. That's not exactly exciting for&nbsp;growth investors. Simply having a lot of cash doesn't make a business worth investing in, especially if it's not generating much revenue and burning through money -- as is the case with Trump Media.An average investor who's looking for a quality stock would likely pass on Trump Media stock because there isn't much substance behind it. At this point, it's largely a speculative play.<h2 style="margin-left:0px;">Is the stock heading to $0?</h2>Trump Media stock could rally if speculators believe Trump's prospects for winning the upcoming election look good and become more bullish on his chances. That would still be a short-term reason to bet on the stock -- not to&nbsp;invest in it for the long term.A short-term move fueled by election hopes wouldn't change the fundamentals, which are what matter most for investors. If the business isn't demonstrating meaningful growth in its operations, isn't profitable, and isn't generating positive cash flow, there's little reason to expect the stock to go anywhere but down.These are the reasons I think Trump Media stock ultimately will get to $0. It just may be a matter of how long until it gets there and what path it takes.

Trump Media & Technology Group (DJT -6.60%) has been one of the most polarizing stocks to own this year. When the optimism surrounding Donald Trump's chances of winning the presidential election was high, the stock was doing well. But when the outlook changed, the stock quickly went into negative territory.

Is Trump Media & Technology Stock Heading for $0?

Stock splits are essential to a functional stock market even though they don't affect the value of a company. Think of a company's market cap (value) as a pie or a pizza, if you prefer. All the split does is create more slices; it doesn't make the whole any larger. However, they are still essential, especially for those who aren't billion-dollar hedge funds. Microsoft (MSFT 0.17%) has split its shares nine times, most recently in 2003. A single share would cost $123,800 today without stock splits. That price is out of reach for many, if not most investors to buy a single share. And, as you can see below, the price is towering again.<figure class="image image_resized" style="width:100%;"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/3cdfca261af7d8e570b42af33c63039b_873c77163a.png" alt="3cdfca261af7d8e570b42af33c63039b.png"></figure>Splits also indicate that a company is booming, since the share price must have grown significantly. Unlike Microsoft, ServiceNow (NOW 1.54%) has never split; however, with share prices of $879, this could change soon.Here is why these companies are having tremendous success.Microsoft The release of the generative AI chatbot ChatGPT pushed the AI race to the center of society's and investors' consciousness. When Microsoft made a multibillion-dollar investment in its creator, OpenAI, it was full throttle for tech companies to catch up. ChatGPT integrates with Microsoft Bing, which could allow Bing to steal some market share from Alphabet's Google Search, which generated $95 billion in revenue in the first half of 2024. Even small inroads for Bing will generate billions in revenue.Another major AI product is Microsoft Copilot. Copilot integrates into several products, answers questions, summarizes or generates text, creates images, codes, and analyzes data. According to Microsoft, 60% of the Fortune 500 use Copilots, a staggering figure given the technology's newness. These innovations drove sales growth of 16% in fiscal 2024 to $245 billion. Operating income grew 24% to $109 billion, a terrific 45% margin.Microsoft stock trades at 36 times earnings, which is higher than its three-year and five-year averages of 33; however, the price-to-earnings (P/E) ratio drops to 33 on a forward basis. Due to the lofty valuation, investors shouldn't expect the price to skyrocket overnight. Still, Wall Street can justify the current price based on Microsoft's AI opportunities.ServiceNow ServiceNow and Microsoft have partnered for years on many technology initiatives. The latest integrates ServiceNow's AI product, Now Assist, with Microsoft Copilot. Without boring you with too many technical details, the Now Assist product increases productivity in areas like human resources, IT support, customer service, and others. For example, Now Assist saves customer service agents time by summarizing a customer's recent interaction so the agent doesn't have to go through the transcript, allows agents to search vast databases quickly to find answers faster, etc. The increased productivity is invaluable for companies in a highly competitive world.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/download_317e644b63.avif" alt="download.avif"></figure>Around 85% of the Fortune 500 use ServiceNow. The chart below shows just how much ServiceNow's customer base has grown. Each year that a customer adopts ServiceNow is represented by a different color, and the expansion shows the increased revenue from these customers over time.ServiceNow is in a higher growth phase than Microsoft ($2.6 billion in sales on 22% growth last quarter), so sales rather than bottom-line earnings better represent its valuation. Its current price-to-sales ratio is 18, which aligns with its 5-year average. Looking forward, the company expects 2024 subscription sales of $10.5 billion, and $15 billion in 2026. This means the stock price could conceivably return nearly 50% through 2026 by maintaining the same valuation.Microsoft and ServiceNow are making huge moves in AI, and with soaring stock prices, splits may be on the horizon.

Stock splits are essential to a functional stock market even though they don't affect the value of a company. Think of a company's market cap (value) as a pie or a pizza, if you prefer. 

Stock-Split Watch: 2 Artificial Intelligence (AI) Companies That Look Ready to Split

PT Barito Renewables Energy shares plunged by the daily limit for a second day after FTSE Russell said it would exclude the company from its indexes.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/86b04e5894d5eda0ecdea375899f5e8e_f4536eed5d.webp" alt="86b04e5894d5eda0ecdea375899f5e8e.webp"></figure>The shares fell 20%, bringing losses since Thursday to nearly 36%. The index compiler said the Indonesian power company will be deleted from its gauges a day after the anticipated entry date, citing “high shareholder concentration.”Barito in a filing late Sunday said there has been no significant changes to its shareholders’ stakes since its October 2023 listing. Indonesia’s second-biggest company by market value had published its shareholding information, including that of its four stakeholders, to the bourse during its initial public offering, it said. The four shareholders held around 96% stake as of Sept. 19, compared with 97% stated in the company’s IPO prospectus.FTSE had planned to add the geothermal power producer to its Global All Cap Index series and associated gauges on Monday. The stock will be deleted starting Tuesday, according to FTSE’s statement last week.Barito surged more than 1,400% since its IPO to a record high reached earlier this month. The shares went on a wild ride earlier this year following its addition to a stock exchange watchlist for volatile and troubled companies.As much as 11.7% of its shares met the free float requirement as of Sept. 19, according to the statement, citing daily data from the Indonesia Central Securities Depository. “The company will continue to monitor compliance with the free float rules determined by the exchange,” Barito said.(Corrects to clarify details of shareholding and free float in third and sixth paragraphs, respectively)

PT Barito Renewables Energy shares plunged by the daily limit for a second day after FTSE Russell said it would exclude the company from its indexes.

World’s Most Volatile Big Stock Down 36% on FTSE Eject

Zimbabwe’s stocks are on a tear as investors seek refuge from the new bullion-backed currency that’s at a record low against the US dollar.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/e197b1392e8d8e397eedb334e854addc_f1657d58a3.webp" alt="e197b1392e8d8e397eedb334e854addc.webp"></figure>The Zimbabwe Stock Exchange’s All Share Index, which trades exclusively in local currency, has risen 28% since Aug. 28, when the ZiG started consistently losing value against the dollar. The index has risen 160% since it was rebased to a 100 when the unit started trading on April 8.But instead of causing jubilation among equity traders, it has them worried. They see the surge as a return to the past and a reflection of deep-seated trouble in the currency markets.“The stock market has remained largely correlated to the parallel market and injections of ZiG liquidity,” said Lloyd Mlotshwa, the head of research at IH Securities, a Harare-based brokerage. “It’s the same song on repeat.”The ZiG, short for Zimbabwe Gold, which started trading at 13.56 at adoption now sells for 26 per dollar on the parallel market and 13.97 officially. It has lost value against the dollar for 17 straight trading days, its longest losing streak since its debut.You can follow Bloomberg’s reporting on Africa on WhatsApp. Sign up here.The southern African nation introduced ZiG, its sixth attempt at a functioning currency in 15 years, to build confidence in a local unit after its predecessor the Zimbabwean dollar lost more than 80% of its value against the US dollar this year. Its plunge caused investors to pile into stocks as a safe haven and hedge against surging inflation, leading to a more than fourfold increase in the stock market.The central bank has instituted various measures to support the ZiG including a crackdown on street traders and pumping $64 million so far this month into the market. The injection will “effectively mop-up significant liquidity in the market,” Governor John Mushayavanhu said in an emailed statement Thursday.Stocks favored by investors include Econet Wireless Ltd., the largest telecommunications company and Delta Corp Ltd., a beverages maker, said Mlotshwa. “ZiG flow is concentrated in those two names.”

Zimbabwe’s stocks are on a tear as investors seek refuge from the new bullion-backed currency that’s at a record low against the US dollar.

Traders See Trouble in Zimbabwe’s 28% Stock Surge and Weaker ZiG

The Federal Reserve's decision to opt for a bigger half-percentage-point cut opened a new area of disagreement between GOP nominee Donald Trump and Fed Chair Jerome Powell.What Trump said this week is that the cuts are a sign of one thing: a weak economy that he claims was brought on by the Biden/Harris administration."I guess it shows the economy is very bad to cut it by that much assuming that they are not just playing politics," Trump said at a Manhattan bitcoin bar Wednesday."One or the other," the GOP nominee added "but it was a big cut."Powell — who was elevated to Fed chair by then-President Trump but has found himself often at odds with him in recent years — offered an opposite analysis Wednesday afternoon."Our economy is strong overall," Powell told reporters, arguing the move to cut the Fed's benchmark rate by 50 basis points was instead a way to try to ensure "strength in the labor market can be maintained" alongside economic growth.Read more: The Fed rate cut: What it means for bank accounts, CDs, loans, and credit cardsPowell also tried to dampen concern that the large cut was a sign policymakers were behind the curve or overly concerned that a deeper downturn in the economy could be around the corner.President Biden also weighed in Wednesday afternoon to say the news represented an important milestone."Inflation and interest rates are falling while the economy remains strong," the president wrote as he sided with Powell on the question of the state of the economy.Vice President Kamala Harris added in her own statement the move is "welcome news for Americans who have borne the brunt of high prices [but] my focus is on the work ahead to keep bringing prices down."How this ends up impacting the 2024 campaign or economic growth remains to be seen.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/a1780eb0_75f2_11ef_b7ff_58ef49b6ff78_51e42f9b57.webp" alt="a1780eb0-75f2-11ef-b7ff-58ef49b6ff78.webp"></figure>It comes after a run-up to the crucial decision saw Powell in a stronger-than-expected position politically, seemingly poised to sidestep more severe political fallout for making a crucial Fed pivot just weeks before a presidential election.Powell was dinged from the left for waiting too long.“This cut in interest rates is yet another acknowledgement that Powell waited too long to reduce rates,” wrote Sen. Elizabeth Warren after the news, but she added that she was happy that lower rates are now in place.Warren, who previously this week advocated a 75 basis point cut, added Wednesday that “more rates cuts are needed.”<h2 style="text-align:justify;">A culmination of a year of Trump commentary on the Fed</h2>The commentary from Trump on monetary policy is just the latest in a year where Trump, as he did as president, has chosen to regularly weigh in on the Fed with criticisms of Powell.Trump raised eyebrows last month when he offered that the president should "have a say" in Fed decisions and that Powell has "gotten it wrong a lot."On Wednesday, Powell responded to Trump's comment by defending the historic independence of the central bank and expressing optimism that it would continue in the years ahead.Earlier this year, Trump's critiques of Powell were more directly political. He told Bloomberg in June that cuts are something "they know they shouldn't be doing." That came after a February Fox Business interview, when Trump said of cuts, "I think [Powell's] going to do something to probably help the Democrats."More recently, Trump has tended to focus less on the central bank. Weeks can go by without the GOP nominee mentioning the central bank publicly and the topic didn't even come up at last week's debate with Harris.Trump instead tends to discuss his energy plans when asked about interest rates, saying more drilling would help drive interest rates lower.Trump's plan if he wins, RNC spokesperson Anna Kelly told Yahoo Finance early this week, is to "declare a national energy emergency to quickly bring down mortgage and interest rates."<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/c0a7e9e0_75f2_11ef_ae76_af4337672f5c_3e3896e9e1.webp" alt="c0a7e9e0-75f2-11ef-ae76-af4337672f5c.webp"></figure>Trump's critique is one he's been telegraphing this week. "They'll do the rate cut and all the political stuff," Trump told a Michigan crowd Tuesday night before the news came in but with a cut widely expected. The underlying reason, he added, "is because the economy is not good, otherwise you wouldn't be able to do it."For his part, Powell again sought to downplay the role of politics, noting Wednesday afternoon that the economic effects of this week's move would be felt "for the most part with a lag" — presumably after polls close in November.Either way, he added, "Our job is to support the economy on behalf of the American people and if we get it right, this will benefit the American people significantly so this really concentrates the mind," he said.

The Federal Reserve's decision to opt for a bigger half-percentage-point cut opened a new area of disagreement between GOP nominee Donald Trump and Fed Chair Jerome Powell.

A big Fed rate cut gives Donald Trump and Jerome Powell something else to disagree about

The Federal Reserve is widely expected to cut interest rates for the first time in four years Wednesday and outline the path for future rate cuts.Investors have been hoping for a larger half-percentage-point cut versus a quarter-point cut. Traders, in recent days, have increased their wager that the central bank will cut by a deeper 50 basis points. Wednesday morning, Fed funds futures were pricing in a better than 60% chance the Fed cuts by 50 basis points, up from just 15% odds a week ago.“The Fed cutting by 50 basis points is a real possibility,” said Wilmer Stith, bond trader for Wilmington Trust, who just last week thought it was more likely the central bank could cut by 25 basis points. He’s on the fence, though, as to whether it actually happens.Ahead of the blackout period, which started Sept. 7, comments from Fed officials indicated they are more likely to trim their benchmark interest rate by a quarter percentage point. That would mean a new range of 5.0-5.25% from its 23-year high of 5.25% to 5.5% when their policy meeting concludes this afternoon.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/1_94d857c1b7.webp" alt="1.webp"></figure>Either way, the Fed’s actions will officially mark the termination of the most aggressive inflation-fighting campaign since the 1980s. The rate cut will mark the first in a series of cuts, with intense focus on the Fed’s new interest rate projections, known as the so-called dot plot, for how many rate cuts officials see for the remainder of this year and next.<h2 style="margin-left:0;">Rate debate</h2>JPMorgan chief economist Michael Feroli is one who believes the Fed needs to cut by a bigger amount.“What the Fed should do is clear: Recalibrate the policy rate 50 basis points lower to adjust for the shifting balance of risks,” said Feroli.As inflation has continued a slow downward descent, officials are turning more attention to the job market, which has weakened, with Fed Chair Jay Powell pledging to do everything to maintain a strong job market.Feroli sees a 50 basis point cut Wednesday, with guidance for two 25 basis point cuts at the last two meetings of the year.But former Kansas City Fed president Esther George expects a quarter-point cut with the potential for Powell to lay the groundwork for deeper cuts in subsequent meetings.Who's right? We'll see, of course. But it could take a lot to form a consensus around the FOMC table to vote unanimously for a 50 basis point cut.Some of the committee members, including Fed governor Michelle Bowman, Atlanta Fed president Raphael Bostic, and Philadelphia Fed president Patrick Harker, had indicated that starting with 25 basis points made sense and they weren’t alarmed by the cooling in the labor market.In contrast, in Jackson Hole in late August, Powell struck a dovish stance with comments that indicated he could be in favor of a 50 basis point cut, saying the Fed “will do everything we can to support a strong labor market as we make further progress toward price stability.” He noted that the Fed does not "seek or welcome further cooling in labor market conditions" and that the current level of the policy rate gives the Fed “ample room” to lower rates in response to any weakening in the job market.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/2_a377d98cbe.webp" alt="2.webp"></figure>In any case, Powell will have to explain the interest rate decision and projections in the press conference following the meeting. He'll either set expectations for deeper, more aggressive cuts or say the Fed is expected to take a measured, gradual approach and is prepared to take more aggressive action if warranted.Lots of changes to the language in the Fed’s policy statement are also expected to reflect the Fed’s decision to start a rate cutting cycle, including that officials have gained confidence inflation is falling sustainably to their 2% target, that officials are more focused on weakness in the labor market now, and that the timing and size of future cuts will depend on the data.In addition to their policy decision and interest rate projections, Fed officials will also release forecasts for unemployment, inflation, and the economic outlook. Fed Chair Powell will hold a press conference at 2:30 p.m. ET.

The Federal Reserve is widely expected to cut interest rates for the first time in four years Wednesday and outline the path for future rate cuts.

Fed officials set to cut rates for the first time in 4 years

Many victims have come forward to expose Basel Markets' sophisticated schemes to swindle investors out of their assets. One notable case recorded by Info Finance involves an investor who was deceived after trusting the invitations from a woman named Bao Ngoc. Below are the details of the case and how Info Finance can assist you in filing a complaint.<h1>Basel Markets: A Fraud Scheme by a Trusted Individual</h1>According to a report from the victim, the investor started trading with Basel Markets through the recommendation of a woman named Bao Ngoc. After long conversations and building trust, Bao Ngoc persuaded the investor to join this trading platform. Initially, trading went smoothly with small profits, giving a false sense of security and trust.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/screenshot_1726805529880_44c509ed00.png" alt="screenshot-1726805529880.png"><figcaption>Link: <a href="https://www.facebook.com/groups/364931191673961/posts/933989994768075">https://www.facebook.com/groups/364931191673961/posts/933989994768075</a>&nbsp;</figcaption></figure>However, the issue arose when Basel Markets placed large trades automatically without the investor’s consent. This led to a negative account balance of $7,000, causing significant financial damage. The investor admitted to trusting unfamiliar people too easily but also highlighted that the fraudsters spent considerable time gaining trust before luring them into the investment.<h1>Signs of Fraud from Basel Markets</h1>This case is not an isolated one, as many other investors have encountered similar situations while trading with Basel Markets. The following signs may help identify a fraudulent platform:<ul><li>Manipulation through personal brokers: Basel Markets uses individuals or brokers to build trust with investors and then lead them into trading with the platform.</li><li>Unauthorized automatic trading: The platform places large trades automatically without the investor’s permission, resulting in significant financial losses.</li><li>No response to complaints: When investors encounter issues, they receive no support or response from Basel Markets, further confirming the platform’s fraudulent nature.</li></ul><h1>Safe Investing with Info Finance</h1>If you have any complaints about a trading platform, follow these steps to submit a report to Info Finance for timely assistance:Step 1: Visit Info Finance's official website at<a href="https://infofinance.com/">&nbsp;https://infofinance.com/</a> Step 2: Click on "Report Broker/ File a Complaint" on the homepage. Step 3: Select "Send Report" to start reporting the issues you’re facing.Thank you for following the news with Info Finance. Don’t forget to follow InfoFinance's fanpage for the latest updates. If you need support during trading or dealing with a platform, please contact Info Finance through the following channels:Support: CS@infofx.vn Hotline: 0904 096 829 / 0931 085 659

Many victims have come forward to expose Basel Markets' sophisticated schemes to swindle investors out of their assets. One notable case recorded by Info Finance involves an investor who was deceived after trusting the invitations from a woman named Bao Ngoc. Below are the details of the case and how Info Finance can assist you in filing a complaint.

Basel Markets Scam: Don’t Let Your Money Slip Away

Recently, MCC Markets has stirred up the investment community in Vietnam. Despite having appeared just over a month ago, this platform has been involved in multiple scams, causing significant concern among investors. While MCC Markets claims to be "based in Dubai," its actual origin is from China, raising doubts about its transparency and credibility. Below are essential details you should know to avoid becoming a victim, along with a guide on how Info Finance can support you in filing complaints.<h1>Warning: Is MCC Markets Truly Trustworthy?</h1><figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/screenshot_1726218209896_e2e056e5e0.png" alt="screenshot-1726218209896.png"><figcaption>https://www.facebook.com/groups/bocphotsanforexluadao/posts/2226398184230073</figcaption></figure>MCC Markets presents itself with a flashy image, claiming to originate from Dubai – one of the world’s major financial hubs. However, according to several investors, the platform is actually based in China and lacks a valid operating license. Another reason MCC Markets is under suspicion is the involvement of a Vietnamese woman known as Rosie Doan, who is reportedly behind the platform’s operations. Many victims believe MCC Markets is nothing but a "junk" platform that specializes in scamming Vietnamese investors.Even more concerning is that when investors request to withdraw funds or ask for proof of legitimacy, MCC Markets fails to respond. This silence only strengthens suspicions that the platform is a scam, designed to seize investors' funds without any intention of returning them. Many have lost significant sums of money, causing severe personal financial losses.<h1>The Consequences of Investing in MCC Markets</h1><figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/screenshot_1726218158865_c679e3f1c4.png" alt="screenshot-1726218158865.png"></figure>Victims who have reached out to Info Finance reported that they were unable to withdraw funds from their trading accounts and received no support from MCC Markets. Some individuals have invested tens of millions of VND, but to date, they have not been able to recover their funds. Furthermore, MCC Markets has failed to provide any verifiable proof of transparent transactions, leading many investors to believe that this is a sophisticated scam.Several victims are urging the community to spread the word about MCC Markets to reclaim the rights and justice for Vietnamese traders while warning others about the risks of investing in this platform.<h1>Info Finance: Supporting Investors in Filing Complaints Against MCC Markets</h1>At Info Finance, we gather and analyze complaints from investors to protect your rights. If you or anyone you know has fallen victim to MCC Markets, we recommend the following steps to file a complaint and demand a refund for the scammed funds:Step 1: Visit the official InfoFinance website:<a href="https://infofinance.com/">&nbsp;https://infofinance.com/</a> Step 2: Click on "Report Broker/ Khiếu nại sàn" on the homepage. Step 3: Select "Send Report/ Gửi khiếu nại" to start filing your complaint.Thank you for staying updated with InfoFinance. Don't forget to follow our fanpage to get the latest news. If you need assistance with transactions or dealings with platforms, please contact InfoFinance via the following channels:Support: CS@infofx.vn Hotline: 0904 096 829 / 0931 085 659

Recently, MCC Markets has stirred up the investment community in Vietnam. Despite having appeared just over a month ago, this platform has been involved in multiple scams, causing significant concern among investors. While MCC Markets claims to be "based in Dubai," its actual origin is from China, raising doubts about its transparency and credibility. Below are essential details you should know to avoid becoming a victim, along with a guide on how Info Finance can support you in filing complaints.

Scam alert from MCC Markets broker

In the booming era of online financial trading, choosing a reputable platform is always a top concern for investors. However, not everyone is lucky enough to avoid the sophisticated traps set by fraudulent trading platforms. Basel Market is a prime example of manipulative tactics designed to seize investors' assets. Many have been deceived, losing thousands of dollars after engaging with this platform. InfoFinance has exposed Basel Market’s dubious trading activities.<h1 style="text-align:justify;">Investor Exposes Basel Market's Deceptive Traps</h1>"I traded with Basel Market through a person named Bảo Ngọc. Initially, she frequently engaged in conversations, offered advice, and gradually led me into investing. Once everything was in place, I was introduced to another broker, who provided market trends and suggested major corporations' dividend-sharing deals.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Thiet_ke_chua_co_ten_4_a893e10bf1.png" alt="Thiết kế chưa có tên (4).png"></figure>At first, the trading process went smoothly. I deposited money according to their instructions, placed orders on my own, and even made profits. However, everything changed when I discovered that the platform had placed large orders without my consent. This resulted in severe losses, leaving my account with a deficit of up to $7,000.I realized I had trusted strangers too easily and had been taken advantage of. They spent a lot of time building trust, from daily conversations to providing cleverly guided advice. It was all part of a plan to lure me into investing, only to ultimately withdraw my funds.I am sharing my story not only to warn others about Basel Market but also to hope that investors become more informed about the consultants at this platform. Together, we can track down and prevent similar fraudulent activities in the future."<h1 style="text-align:justify;">Critical Warning for Investors</h1>This case serves as a wake-up call for all investors. InfoFinance has been collecting evidence and working with the platform to clarify suspicions of fraud and asset appropriation.From this situation, there are several important lessons every investor should take note of:<ol><li>Be wary of attractive offers: Scammers often use tactics to build trust before luring investors into seemingly promising "opportunities." Don’t easily believe offers without thorough verification from reputable financial institutions.</li><li>Research the platform thoroughly before investing: Take the time to investigate the trading platform you intend to join, including reading the terms, withdrawal policies, and other important regulations. This can help you avoid unnecessary risks.</li><li>Keep detailed records: Always document transactions, contracts, and all communications related to your investments. These documents will serve as vital evidence should you encounter any legal issues or need to file a complaint.</li></ol>If you detect signs of fraud, immediately report it to the relevant authorities for support and protection of your rights.<h1 style="text-align:justify;">InfoFinance - Standing with Investors</h1>When encountering issues with a trading platform, investors can receive help from InfoFinance by following these simple steps:<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Screenshot_2024_09_12_at_23_10_06_1be0114e83.png" alt="Screenshot 2024-09-12 at 23.10.06.png"></figure><ul><li>Visit the official InfoFinance website at infofinance.com</li><li>Select the "Report a Trading Platform" section on the homepage.</li><li>Complete the form and submit the report so InfoFinance can assist in resolving your issue.</li></ul>Thank you for standing with InfoFinance. To stay updated with the latest news and receive support during your trading journey, follow us on the InfoFinance Official fan page.

In the booming era of online financial trading, choosing a reputable platform is always a top concern for investors. However, not everyone is lucky enough to avoid the sophisticated traps set by fraudulent trading platforms. Basel Market is a prime example of manipulative tactics designed to seize investors' assets. Many have been deceived, losing thousands of dollars after engaging with this platform. InfoFinance has exposed Basel Market’s dubious trading activities.

InfoFinance Unveils Basel Market's Shady Trading Practices

While trading has become increasingly popular, not all trading platforms are trustworthy. A platform must meet various standards to be considered transparent, the most important of which are licensing and authorization from financial authorities. Euro Chain FX, despite operating in the UK, lacks a license from the Financial Conduct Authority (FCA), raising serious concerns about its safety and transparency.<h2 style="text-align:justify;">EuroChainFX - Lacking FCA Oversight</h2>The FCA is the leading financial regulatory body in the UK, responsible for protecting investor interests and maintaining market stability. When a trading platform does not have FCA authorization, it means that investors are not protected by the stringent regulations of this authority, potentially exposing them to significant risks.<img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/unnamed_12_b5435b2986.png" alt="unnamed (12).png"><h3 style="text-align:justify;">Information Investors Should Be Cautious About:</h3><ul><li>Platform Name: EuroChainFX</li><li>Address: 77 Leadenhall Street, London</li><li>Phone: 02035404983</li><li>Email: support@eurochainfx.online</li><li>Website: eurochainfx.com</li></ul>According to published information, Euro Chain FX is located at 77 Leadenhall Street, London. However, having only an address without specific legal information is insufficient to ensure reliability. Additionally, the contact phone number and email may not guarantee that you will receive accurate and timely support when issues arise.Be cautious if approached by Introducing Brokers (IBs) of Euro Chain FX. Safe investing should be the top priority for every investor. Don't fall victim to losses from opaque trading platforms like Euro Chain FX.<h2 style="text-align:justify;">Warning from FCA to Investors</h2>The FCA has officially issued a warning about Euro Chain FX, emphasizing that this platform is unlicensed and could pose various risks to investors. Potential investors should exercise caution before deciding to invest in this platform. The official website of Euro Chain FX contains no legal or licensing information, which is a clear sign of a lack of transparency.Not only does Euro Chain FX lack licensing, but it also exhibits other suspicious signs. Information on the platform can be easily altered or even copied from reputable exchanges, creating a false sense of security for users. This could lead investors to let their guard down and fall into a scam.Before deciding to invest, conduct thorough research, learn about reputable trading platforms, and always remember that investing carries risks. Protection from regulatory bodies like the FCA is crucial to ensure that you are investing safely and legally.<h2 style="text-align:justify;">Investment Advice from InfoFinance</h2>In the risky world of trading, choosing a reputable trading platform is essential. The absence of FCA licensing and a lack of transparency in Euro Chain FX are warning signs that every investor should heed. Always prioritize safety and avoid platforms with suspicious indicators.If you have any complaints about the trading platform, follow these steps to report to InfoFinance for timely assistance:<ol><li>Visit the official website of InfoFinance at&nbsp;<a href="https://infofinance.com/">infofinance.com</a>.</li><li>Click on the "Report Broker" section on the homepage.</li><li>Select the "Send Report" option to start reporting any issues you are facing.</li></ol>Thank you for staying updated with InfoFinance. Don’t forget to follow our fan page at&nbsp;<a href="https://facebook.com/infofinance.official">facebook.com/infofinance.official</a> for the latest news. If you need assistance while trading or working with the platform, please contact InfoFinance through the support portal:<ul><li>Support Email: CS@infofx.vn</li><li>Hotline: 0904 096 829 / 0931 085 659</li></ul>

InfoFinance Warning: Euro Chain FX - A Risky Trading Platform Not Protected by FCA!


Browsing through forums, InfoFinance has received numerous concerning reports from the investment community about the stock trading platform EXXO. Information from victims indicates that this platform shows serious signs of fraud and is highly alarming. Here is what you need to know to protect your interests.<h1>Warning: Is EXXO Really Reliable?</h1><figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/screenshot_1725538467916_61a8e7e359.png" alt="screenshot-1725538467916.png"><figcaption>EXXO exchange is denounced in the investor community. Link: <a href="https://www.facebook.com/groups/bocphotsanforexluadao/posts/2585505088319379/">https://www.facebook.com/groups/bocphotsanforexluadao/posts/2585505088319379/</a>&nbsp;</figcaption></figure>According to reports from several investors, EXXO is suspected of fraudulent activities. Particularly troubling is that the owner of EXXO, known as TUẤN SCAM, has a history of fraud and multi-level marketing scams. TUẤN SCAM was previously one of the leaders of IFAN – a multi-level marketing organization that defrauded thousands of billions of VND in 2017 and is now hiding abroad. With such a dark record, the fact that EXXO is run by TUẤN SCAM raises significant concerns about the platform's reliability.Victims have reported being defrauded of large sums, with a significant portion of their money unable to be withdrawn from their trading accounts. Many have lost tens of millions of VND, which has had a severe impact on their personal finances. Moreover, some investors have noted signs of market manipulation and lack of transparency in EXXO’s transactions.<h1>InfoFinance Supports Investors' Complaints</h1>To avoid similar situations in the future, we recommend that you take thorough steps to investigate any trading platform before investing. Research the platform’s history, reliability, and reviews before making an investment decision. This will help you minimize risks and protect your finances.If you or someone you know has become a victim of EXXO, please contact us immediately for support. InfoFinance is committed to assisting you in resolving the issue and protecting investors' rights.Step 1: Visit the official Info Finance website:<a href="https://infofinance.com/">&nbsp;https://infofinance.com/</a> Step 2: Click on the "Report Broker" section on the homepage. Step 3: Click on the "Send Report" button to start reporting the issues you are facing.Thank you for following the news with InfoFinance. Don't forget to follow the&nbsp;<a href="https://www.facebook.com/InfofinanceMedia/">InfoFinance fanpage</a> for the latest updates. If you need support during trading or dealing with the platform, please contact Info Finance through the following channels:Support: <a href="mailto:CS@infofx.vn">CS@infofx.vn</a>&nbsp; Hotline: 0904 096 829 / 0931 085 659

Browsing through forums, InfoFinance has received numerous concerning reports from the investment community about the stock trading platform EXXO. Information from victims indicates that this platform shows serious signs of fraud and is highly alarming. Here is what you need to know to protect your interests.

Don't Become a Victim of EXXO

In today's volatile financial market, the safety of investments is always a top concern for investors. However, some trading platforms that fail to comply with regulations and transparency standards can cause serious harm to users. Recently, the trading platform Orin Globals has become embroiled in controversy, accused of unauthorized interference with investor trades, leading to account liquidations and significant financial losses.According to reports from investors, Orin Globals has engaged in non-transparent practices, including automatically executing trades without client consent, causing substantial financial damage. This not only raises concerns about the reliability of this platform but also underscores the urgent need for protective measures and timely warnings for the investor community.In this article, InfoFinance will clarify the allegations and provide essential information to help investors identify and avoid potential risks when trading. We advise you to always proceed with caution and thoroughly research any trading platform before investing. We also offer detailed guidance on how to report fraudulent activities.<h1 style="text-align:justify;">Victim Testimony</h1>"I’m a new investor who recently opened an account on Orin Globals with ID 1969 and deposited $1,000. I learned about the platform through a friend's recommendation. After making some initial trades and earning $1,039 in profits, I decided to withdraw $300 to test the platform's safety. However, after placing the withdrawal request, I received an email stating that I needed to wait 24 hours for processing.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/1_d691e174b5.png" alt="1.png"></figure>After 24 hours passed, I still hadn’t received the withdrawn amount. When I contacted the platform, they informed me that I had selected the wrong withdrawal gateway, so I submitted a new withdrawal request. Shockingly, the next day, my account showed a strange trade that I hadn’t placed, wiping out my account balance, even though I had closed all my previous positions.I tried contacting the platform and their support staff, but no one responded or picked up the phone. This led me to believe that the platform is deliberately trying to seize my money. I desperately seek help and want to warn others about the activities of Orin Globals."<h1 style="text-align:justify;">Safe Investing with InfoFinance</h1>Orin Globals is currently facing accusations of fraudulent practices, exploiting the inexperience of new investors to misappropriate assets. Many have found themselves in similar situations, where the platform allegedly intervenes in client trades without transparency, resulting in account liquidations. This raises serious questions about the transparency and credibility of Orin Globals.<figure class="image"><img src="https://infofinance-prod.s3.ap-southeast-1.amazonaws.com/Screenshot_2024_09_06_at_10_18_01_38b3d68c84.png" alt="Screenshot 2024-09-06 at 10.18.01.png"></figure>InfoFinance advises investors to remain vigilant and exercise caution when choosing a trading platform. Thorough research and selecting reputable platforms are crucial first steps in safeguarding your assets. If you or any other investor has fallen victim to Orin Globals or other fraudulent platforms, contact InfoFinance immediately for timely assistance.In addition, InfoFinance provides a straightforward and transparent process for reporting and filing complaints about fraudulent activities. Here are the steps:<ol><li>Visit the official InfoFinance website:<a href="https://infofinance.com">&nbsp;https://infofinance.com</a></li><li>Select the "Report Broker" option on the homepage.</li><li>File a complaint by clicking on "Send Report" and provide detailed information about the issue you encountered.</li></ol>Thank you for following the news with InfoFinance. Stay updated through our InfoFinance fan page, and if you need assistance during your trading journey, reach out to us via:Support email: CS@infofx.vn Hotline: 0904 096 829 / 0931 085 659

In today's volatile financial market, the safety of investments is always a top concern for investors. However, some trading platforms that fail to comply with regulations and transparency standards can cause serious harm to users. Recently, the trading platform Orin Globals has become embroiled in controversy, accused of unauthorized interference with investor trades, leading to account liquidations and significant financial losses.

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