Yahoo Finance Dow Jones Flat As Russell 2000 Jumps To New High; Nvidia Firm, But Palantir Stock Dives 6%
Small caps outperformed again in the stock market today as the Russell 2000 broke out to a new high. Bitcoin rallied another 3%.
Small caps outperformed again in the stock market today as the Russell 2000 broke out to a new high. Bitcoin rallied another 3%.
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
The mystery is over: Warren Buffett’s Berkshire Hathaway disclosed a major stake in the insurance company Chubb, finally revealing the investment he has kept under wraps since last year.
Stocks edged higher on Wednesday as investors digested fresh readings on inflation and consumer spending.
Jim Cramer has been a big believer in NVIDIA Corp (NASDAQ:NVDA), recommending the stock almost every week since late 2023. However, amid the recent lackluster performance of NVIDIA Corp (NASDAQ:NVDA), Cramer sounded a bit disappointed, saying the stock now seems to “rally far less than it goes down.” However, Cramer reiterated that he believes NVIDIA […]
Former U.S. President Donald Trump's media company said it was unable to complete the review of its financial statement for the quarter ended March 31 due to the timing of its appointment of Semple, Marchal & Cooper as the new auditor. The company dismissed previous auditor BF Borgers, after the SEC charged the accounting firm with "massive fraud" earlier this month. Borgers, the auditor of the Truth Social parent since 2022, agreed to a $12 million civil penalty and to discontinue practicing as accountants on SEC filings, the agency had said.
(Bloomberg) -- Argentine President Javier Milei sees his government lifting currency controls very soon as his economic team works to clean up the central bank’s balance sheet. Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Property MarketFlood of China Used Cooking Oil Spurs C
(Bloomberg) -- China’s junk dollar bonds are rallying to their highest level in three years amid government efforts to shore up the bruised property sector. Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying of Unsold Homes to Save Property MarketT
According to Redfin, housing prices were up 4.8% on an annual basis in March, with a median selling price of $420,401. With higher interest rates as the Fed continues to try to cool down the economy,...
(Bloomberg) -- Malaysia Airports Holdings Bhd. is set to be privatized as its two biggest shareholders team up with buyout firm Global Infrastructure Partners and the Abu Dhabi Investment Authority to make a takeover offer for the airport operator.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months
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Asian stock markets rallied on Thursday, buoyed by Wall Street's surge to all-time peaks overnight after a milder U.S. inflation report raised expectations the Federal Reserve will deliver two interest rate cuts this year. U.S. Treasury yields extended their retreat in Tokyo trading, sinking to six-week troughs. U.S. data on Wednesday showed the consumer price index (CPI) rose by 0.3% in April, below an expected 0.4% gain, raising hopes the Fed can cut rates by 50 basis points this year, with the first quarter-point reduction fully priced for September.
(Bloomberg) -- Indonesia’s Asia Pacific Resources International Ltd. Group said it bought a controlling stake in Indian tissue paper manufacturer Origami Cellulo Pvt., marking the pulp maker’s entry into the South Asian country.Most Read from BloombergChina Considers Government Buying of Unsold Homes to Save Property MarketHow One of the World's Oldest Hedge Funds Went BankruptFlood of China Used Cooking Oil Spurs Call to Hike US LeviesSlovakia PM Robert Fico Shot in Assassination AttemptOpenAI
The dollar found a footing on Thursday after falling sharply on Wednesday on the back of data showing a slowdown in U.S. inflation, while Japan's yen inched higher after jumping the previous day. Year-on-year core inflation - which strips out volatile food and energy prices - fell to its lowest in three years at 3.6%. Some analysts said Fed officials will want to see proof of inflation's downward path before countenancing cuts, a point made by Minneapolis Fed President Neel Kashkari on Wednesday.
ZURICH (Reuters) -Siemens reported on Thursday a drop in second-quarter earnings at its industrial business, as China maintained its trend of destocking longer than previously expected. Although Siemens expects an improvement in coming months, it was likely to come more slowly than previously thought, Chief Executive Roland Busch said. "A key reason is the muted development in China," he told reporters.
(Bloomberg) -- China sold a record amount of Treasury and US agency bonds in the first quarter, highlighting the Asian nation’s move to diversify away from American assets as trade tensions persist.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Slovak Premier Fighting for Life After Assassination AttemptUS Inflation Ebbs for First Time in Six Months in Relief for FedChina Considers Government Buying
(Bloomberg) -- Canada’s housing market posted a surge in the number of properties available for sale, one of the biggest monthly gains in listed inventory on record, as homebuyer demand waned amid persistently high interest rates.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptChina Considers Government Buying of Unsold Homes to Save Property MarketUS Inflation Ebbs for First Time in Six Months in Relief for FedS&P 500 Tops 5,300 in Record-Breaking Stock Rally
(Bloomberg) -- The world’s largest stock market hovered near its all-time highs, with the Dow Jones Industrial Average touching the historic 40,000 mark on bets that rate cuts will keep powering Corporate America.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touche