The worst is finally behind Enphase Energy stock, Barclays said in an upgrade of the shares Friday. Analyst Christine Cho upgraded her rating on Enphase which makes microinverter systems for solar panels, to Overweight from Equal Weight. Enphase stock has dropped 16% this year and 32% over the last 12 months.
The Reserve Bank of Australia (RBA) has kept the cash rate on hold at a 12-year high of 4.35 per cent.
It's good practice for investors to think beyond the "Magnificent Seven" stocks, the CEOs of Apollo and Avenue Capital Group said.
Currently sitting eighth Forbes' Real-Time Billionaires list with a net worth of $133.4 billion, Warren Buffett is a sterling example of an investor who stuck to his core financial beliefs early on to...
BHP's plan to divest the South African assets of its target Anglo American are key to the strategy behind the proposed takeover and is expected to be a part of any revised offer, investors briefed on the miner's thinking said. The "Big Australian" was rebuffed by its smaller rival on April 26 after submitting a $39 billion takeover proposal, in a plan seen as complex because it required Anglo to offload its shares in Kumba Iron Ore and Anglo American Platinum (Amplats) to Anglo American's shareholders before any deal took place. Anglo American owns 78.6% of Amplats and 69.7% of Kumba.
Mortgage deals have been rising as expectations of an imminent interest rate cut fade.
RGC Resources, Inc. (NASDAQ:RGCO) Q2 2024 Earnings Call Transcript May 6, 2024 RGC Resources, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Tommy Oliver: Good morning and thank you for joining us as we discuss RGC Resources, Inc.’s 2024 Second Quarter […]
Bicycle Therapeutics plc ( NASDAQ:BCYC ) shareholders will have a reason to smile today, with the analysts making...
For us, stock picking is in large part the hunt for the truly magnificent stocks. You won't get it right every time...
Gaming metaverse operator Roblox (NYSE:RBLX) will be announcing earnings results tomorrow before market open. Here's what to look for.
(Bloomberg) -- The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US.Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning More Cuts After Studio Closings“So far the requests have been to
You've gotten a taste for saving money -- which is great. But your money is now just sitting idle and losing value to inflation -- which is not so great. So where do you go from here to keep enough...
(Bloomberg) -- Cryptocurrency exchange FTX has amassed billions of dollars more than it needs to cover what customers lost in its November 2022 collapse, setting them up to receive full recoveries, plus interest, a rare outcome in US bankruptcy proceedings. Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning Mor
Sales growth continued to be driven by higher pricing, with the volume of drinks sold by the company down 0.6%.
(Bloomberg) -- Instacart is partnering with Uber Technologies Inc. to offer restaurant delivery through the Instacart app — taking on the top US food delivery app, DoorDash Inc.Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning More Cuts After Studio ClosingsInstacart users in the US will be able to order from
(Bloomberg) -- Walt Disney Co. shares tumbled the most in a year and a half after the company reported a tepid outlook for growth in streaming subscribers in the current quarter and said that visits to parks are expected to moderate from peak post-Covid levels.Most Read from BloombergAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackStormy Daniels Will Return to Court in Test of Trump’s DemeanorTrump Judge Indefinitely Postpones Documents Case TrialMicrosoft’s Xbox Is Planning
The failed cryptocurrency giant says it has billions of dollars more than needed to cover its debts.
The Reserve Bank of Australia has held interest rates, but there's no sign of reprieve for those under mortgage stress.
(Bloomberg) -- A rally in Malaysian stocks is set to continue amid strong support from local funds and as foreign investors return to the market. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialAmericans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t TrackOne Out of Every 24 New York City Residents Is Now a MillionaireTrump’s Private Life Exposed in Intimate Stormy Daniels TestimonyAnalysts are projecting a 5% increase in the benchmark FBM KLCI Index over the
The yen continued to slide against the dollar on Tuesday as gaping interest rate differentials weighed on the currency, despite fresh warnings from Japanese officials following two rounds of suspected dollar-selling intervention last week. The Australian dollar fell from near a two-month high versus its U.S. counterpart after the Reserve Bank of Australia refrained from ramping up hawkish signals, as some traders had anticipated. In her press conference after the central bank's widely-expected decision to keep rates unchanged, governor Michele Bullock said the board believes monetary policy is at the right level to return inflation to target.
(Bloomberg) -- Balyasny Asset Management is setting up a unit to trade physical natural gas and power in Denmark in a bid to generate more profit from its growing commodities business, people familiar with the matter said. Most Read from BloombergTrump Judge Indefinitely Postpones Documents Case TrialIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortOne Out of Every 24 New York City Residents Is Now a MillionaireEinhorn Says Markets Are ‘Broken.’ Here’s What Data ShowsThe firm is still bu
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