Meta Platforms's (META) Twitter-alternative Threads was launched nearly one year ago on July 5, initially appearing on the Apple App Store on July 3. In that time, the social media platform has amassed 175 million users. Market Domination Overtime anchors Seana Smith and Josh Lipton chat about Threads' massive growth from third-quarter 2023 to the the second quarter in 2024. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
A money markets trader has placed a £2m bet on the Bank of England making the biggest interest rate cut in four years next month after inflation fell back to its 2pc target.
Fred Alger Management, an investment management company, released its “Alger Focus Equity Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. US markets performed strongly in Q1, with the S&P Index up 10.56%. Class A shares of the fund outperformed the Russell 1000 Growth Index in the quarter. Information […]