0 3.70768603314334E-05 0.000259538022320245 -3.70768603316442E-05 0.00114938267027549 0.00107522894961241 -0.000259538022320455 0.00975121426717584
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Stockreport

Brendan Caldwell's Top Picks: May 6, 2024 [BNN Bloomberg (Canada)]

Ares Management Corporation Class A (ARES)  More Company Research Source: BNN Bloomberg
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
The market has done quite well so far this year, maintaining its strong momentum from last year despite the elevated economic and geopolitical uncertainty. The bullishness primarily stemmed from an increased perception that the U.S. Federal Reserve had been able to suppress inflation, to a large extent, without causing a full-blown recession, and therefore could start cutting interest rates. The strength of the labour markets, coupled with the continued gross domestic product (GDP) growth, also provided further support to the market's confidence, helping alleviate the fear of recession. However, the expected rate cuts have not materialized as the central banks in Canada and the U.S. have kept rates unchanged since July last year, contrary to the multiple cuts that had been anticipated. While the Fed has now indicated that a rate hike would be unlikely, it is also not rushing to cut rates as inflation is proving to be more resilient than expected. The market now seems to be pricing [Read more]

IMPACT SNAPSHOT EVENT TIME: ARES
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EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
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Multi-day stock performance from the time of the news release
LAST PRICE
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S&P 500 (SPX)

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Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Stockreport

Brendan Caldwell's Top Picks: May 6, 2024 [BNN Bloomberg (Canada)]

Ares Management Corporation Class A  (ARES) 
Last ares management corporation class a earnings: 2/13 06:00 am Check Earnings Report
US:NYSE Investor Relations: ares-ir.com
The market has done quite well so far this year, maintaining its strong momentum from last year despite the elevated economic and geopolitical uncertainty. The bullishness primarily stemmed from an increased perception that the U.S. Federal Reserve had been able to suppress inflation, to a large extent, without causing a full-blown recession, and therefore could start cutting interest rates. The strength of the labour markets, coupled with the continued gross domestic product (GDP) growth, also provided further support to the market's confidence, helping alleviate the fear of recession. However, the expected rate cuts have not materialized as the central banks in Canada and the U.S. have kept rates unchanged since July last year, contrary to the multiple cuts that had been anticipated. While the Fed has now indicated that a rate hike would be unlikely, it is also not rushing to cut rates as inflation is proving to be more resilient than expected. The market now seems to be pricing [Read more]

IMPACT SNAPSHOT
EVENT TIME:
ARES
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS