July 4, 2023
“ … But in a country that’s seen its share of economic crises, there’s little reason to cheer. Local investors have piled into stocks in the hope of protecting the value of their cash as inflation hit 176% in June.… Continue Reading…
June 14, 2023
“…Shares of the semiconductor company popped over 2% in pre-market trading on Wednesday — and were Yahoo Finance’s Top Trending Ticker — on a Reuters report that Amazon’s cloud arm is considering using AMD’s new AI chips… The report comes a day after AMD… Continue Reading…
June 13, 2023
“…Investors should be wary of the ongoing stocks rally because it doesn’t reflect looming economic risks, and is reminiscent of the months that led up to the 2008 financial crisis, according to JPMorgan Asset Management’s chief investment officer. Bob Michele told… Continue Reading…
June 9, 2023
“The widening disconnect between stocks and bonds suggests a 20% downside risk for equities if bonds are proved correct in pricing inflation volatility, according to modeling by JPMorgan Chase & Co. strategists… JPMorgan’s view highlights how much investors across different… Continue Reading…
June 6, 2023
“or the majority of PayPal Holdings Inc. analysts, the only way is up. Trouble is, the stock keeps going down… Analysts were similarly bullish in mid-2021, when pandemic-fueled revenue growth was pushing the stock to record highs. No one predicted… Continue Reading…
June 6, 2023
“The Securities and Exchange Commission sued crypto exchange Coinbase in New York federal court on Tuesday morning, alleging that the company was acting as an unregistered broker and exchange and demanding that the company be “permanently restrained and enjoined” from continuing to do so.… Continue Reading…
June 5, 2023
“One by one, companies have come under an expanding attack. Anheuser-Busch,Target, Kohl’s and VF Corp.’s North Face brand have all felt the vitriol of this latest push from the right. And the list keeps growing. These companies have been branded as “woke capitalists” — and… Continue Reading…
May 30, 2023
“Nvidia hit a $1 trillion market cap at the open Tuesday, joining a small club of mostly technology companies. Nvidia’s shares have to hold above $404.86 to maintain that distinction throughout the day. The stock rose nearly 6% in morning trading…… Continue Reading…
May 16, 2023
“…The strategist reiterated a call to remain underweight both US and European stocks as X-date approaches, with a potential political standoff on a resolution exacerbating the already present threat of a recession — particularly if 2011’s debt event is any… Continue Reading…
May 16, 2023
“A consortium of investors including Blackstone Inc. and Thomson Reuters Corp. are looking to sell £2.4 billion ($3 billion) worth of stock in London Stock Exchange Group Plc, two months after their last disposal of the company’s shares. The group,… Continue Reading…
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