The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas stocks lagged badly, along with metals and mining stocks. Loar Holdings followed through after clearing an IPO base Tuesday, while Monday.com is holding gains well...
Customers now have a new way to pay for their everyday purchases, the major bank revealed.
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Negative gearing can help get you a tax cut this year, and every year moving forward.
Key Insights The projected fair value for Orora is AU$3.14 based on 2 Stage Free Cash Flow to Equity Orora's AU$1.97...
(Bloomberg) -- Nvidia Corp. has agreed to buy Shoreline.io, a startup for software developers founded by a former Amazon Web Services executive, people familiar with the matter said.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderNvidia’s 591,078% Rally to Most Valuable St
Every year since 2014, investors have ranked real estate as the number-one long-term investment, according to polling results from Gallup. In the 2024 version of the survey, a whopping 36% of...
Amidst a backdrop of fluctuating global markets, with recent data showing mixed signals on inflation and economic growth, investors continue to seek stable opportunities for capital appreciation. Companies with high insider ownership often signal strong confidence in the business’s prospects from those who know it best, making them particularly compelling in times of narrow market advances and significant sector-specific tailwinds.
ANALYSIS: The company’s rise reveals the the underpinnings of today’s AI explosion, writes Anthony Cuthbertson
The future of an Aussie online retailer looks uncertain after it halted trading on the Australian Stock Exchange.
Ever wanted to own a Mexican fast food business? Well now you can, with burrito giant Guzman y Gomez going public today in a bid to take on kingpin McDonald’s.
Analysts at research and brokerage firm Bernstein have raised their Bitcoin price forecast to $200,000, up from their previous target of $150,000. Bitcoin and crypto-related stocks remain underrated and are ripe for institutional inflection as pessimism from past regulatory hurdles fades, the analysts wrote in a note on Thursday. "We remain convinced in our Bitcoin new cycle thesis," the analysts wrote, adding that Bitcoin has been increasingly adopted by institutional investors and global asset managers.
Calling Elon Musk a polarizing figure might be an understatement. The Tesla CEO has built multiple billion-dollar companies and made his investors incredibly wealthy. He's also threatened to...
The U.S. chipmaker onsemi is planning a multi-year investment of up $2 billion in its production facility in the Czech Republic, the company and the Czech government said on Wednesday. The government said the money will be invested in the company’s existing production facility in the eastern Czech town of Roznov pod Radhostem. The investment would increase production by hundreds of percent, the government said.
(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son declared he’s ready to swing for the fences when he makes his next big tech bet, suggesting the Japanese conglomerate is on the cusp of making a major investment in AI.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanHedge Fund Talent Schools Are Looking for the Perfect TraderPutin’s Hybrid War Opens a Second Front on NATO’s Eastern Borde
We recently published a list Forget Magnificent 7: Analysts are Talking About ‘Big 10’ AI Stocks in 2024. Since NVIDIA Corp (NASDAQ:NVDA) ranks 4th in the list, it deserves a deeper look. When the AI revolution started with the launch of ChatGPT, investors started pouring money into a handful of companies that are leading AI technology […]
If you’re planning to buy a house soon, you might be wondering what a good mortgage rate is. We’ll prepare you with the info you need to rate shop by showcasing average rates for various types of mortgages.
(Bloomberg) -- Sign up for theIndia Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanNvidia’s 591,078% Rally to Most Valuable Stock Came in Waves‘I Live in Hell’: Anti-Growth Fervor Grips US South After Pandemic BoomCar Dealerships Across US Halt Services After CyberattackNvidia Becomes Worl
Interest rate hikes are kicking in today and customers are being urged to do a credit card “health check”.
HONG KONG (Reuters) -The chairman of defaulted Chinese developer Kaisa Group returned to mainland China from Hong Kong for the first time in almost a decade to get regulatory approval for an offshore debt restructuring, two sources familiar with the matter said. Chairman Kwok Ying Shing travelled to the southern city of Shenzhen, where Kaisa is based, for talks with officials about two months ago and is still there, one of the industry sources close to the company said. "It is a critical step for the restructuring," the person said, referring to Kwok meeting regulators as the company faces a liquidation petition in a Hong Kong court on Monday.
Fisker has declared bankruptcy in the United States after previously halting manufacturing.
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