U.S. markets fall after Powell says interest rates will likely remain unchanged beyond March
Feb. 5 (UPI) -- U.S. markets closed lower and treasury yields surged Monday following comments from Federal Reserve Chairman Jerome Powell, who indicated that the central bank wasn't likely to lower interest rates anytime soon, contrary to what many on Wall Street had anticipated.
Spot bitcoin ETF issuers compete on fees for market share
:A raft of investment managers launched the first U.S. spot bitcoin exchange-traded funds (ETF) Jan. 11, in a milestone for the cryptocurrency industry that kicked off a fierce competition for market share. The U.S. Securities and Exchange Commission approved 11 applications for spot bitcoin ETFs from BlackRo
Gold price rebounds from over one-week low amid subdued USD demand, softer risk tone
Gold price (XAU/USD) trades with a negative bias for the third straight day on Monday and drops to the $2,050 level, or over a one-week low during the Asian session.
London close: Stocks weaker as investors look to central banks
London markets closed lower on Thursday as investors reacted to lacklustre Chinese trade data and the latest UK house price figures.
3 Undervalued Stocks on Track to Double (or More) by 2028
The stock market is on the brink of a multi-year bull market. Consider these undervalued growth stocks to buy that can double or more by 2028.
UAE expats: Good to remit now to UK, Europe? British pound to slip, Euro seen steady by December-end
Knowing how to time your remittances according to forecasted remittance rates coming weeks
Coinbase stock to $1,700? This crypto investor thinks so
Crypto investor Will Clemente predicted that Coinbase would soon be valued at $400 billion, multiplying individual share prices by over seven times.Crypto investor Will Clemente predicted that Coinbase would soon be valued at $400 billion, multiplying individual share prices by over seven times.
UAE insurers will close 2023 much stronger as premium hikes, mergers give strength
Biggest insurers gain from mergers; Cutting discounts on motor premiums is another boost
US inflation up again in February in latest sign that price pressures remain elevated
Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal Reserve and for President Joe Biden's re-election campaign, both of which are counting on a steady easing of price pressures this year.
London pre-open: Stocks to dip after recent highs
London stocks were set to edge down at the open on Monday as investors pause for breath after recent record highs.
Nintendo profit plummets 55% as Switch hardware and software sales slow
Nintendo sold 2.1 million Switch consoles during the three-month period. That is 46.3 percent fewer than the 3.91 million units moved during the same period in 2023....
Ulta Beauty’s stock turns positive for the year as analysts really liked their earnings
The stock soared about 12% after earnings topped estimates. Analysts are bullish on the outlook.
JPMorgan says bitcoin price could drop toward $42,000 after April halving
JPMorgan predicts that the bitcoin price will drop to $42,000 after halving, citing reduced miner rewards and higher production costs.
3 Growth Stocks That Deserve a Spot in Every Investor’s Portfolio
Unlock long-term returns multiplication with three growth stocks that are industry leaders and poised for global expansion.
Manchester United shares jump as Ratcliffe deal eases ownership uncertainty
Manchester United shares jumped about 4 per cent on Tuesday (Dec 26) after
Worldline weighs asset sales to shore up investor confidence -sources
LONDON/PARIS : French digital payments company Worldline is considering options including asset sales as part of efforts to reassure shareholders after a sharp drop in its share price, three people familiar with the matter said.The company lost more than half its market capitalisation in late October and
Average long-term mortgage rates dip for 9th straight week
The average long-term U.S. mortgage rate retreated for the ninth straight week to reach its lowest level since May.
Investors predict sharp gains for DeeStream, Kaspa, and BNB
Investors are tracking DeeStream (DST), a decentralized streaming platform. Most expect DST to rise alongside Kaspa (KAS) and Binance Coin (BNB)
London shares leap upwards after lower-than-expected inflation reading
CPI inflation fell to its lowest point in more than two years in November.
Canoo’s stock sinks toward a record low, even as Wedbush sees 1,800% rally potential
Canoo's stock continued into record-low territory Friday, even after Wedbush analyst Dan Ives recommended investing in the electric-vehicle maker, which he...
Pound Sterling Price News and Forecast: GBP/USD dips on strong US data approach 1.2800
GBP/USD Price Analysis: Dips on strong US data approach 1.2800 The Pound Sterling dropped early during the North American session after economic data from the United States (US) came stronger than expected, highlighting a modestly tight labor market.
Bitcoin’s share of crypto market highest since 2021 partly due to ETFs
Bitcoin at the end of last week accounted for almost 55% of the $2.4 trillion market for virtual currencies, a level last seen in April 2021, according to CoinMarketCap data.
3 AI Software Stocks With Skyrocketing Customer Growth to Buy in March 2024
These are three AI software stocks to buy for investors looking for stable long term growth and earnings in the tech space.
Jupiter net outflows higher than expected, Ben Whitmore to leave firm
Jupiter Fund Management experienced higher-than-expected net outflows in 2023, it said in an update on Tuesday, totalling £2.2bn.
Bitcoin price at risk as long-term Investors move to sell $6.4 billion BTC
Bitcoin long-term investors were spotted moving 97,737 BTC on March 23. Here's how BTC price could react in the week ahead.
India overtakes Hong Kong to become fourth-largest stock market, Sensex up 500 points
The strong inflow of funds from foreign portfolio investors (FPIs) lately also supported the stocks to march towards all-time highs. | OpIndia News
Despite China jitters, Taiwan stocks soar as investors buy in before election
TAIPEI/SINGAPORE : Taiwan's stock market is soaring ahead of elections next month that will shape relations with China, which claims the island as its own, as investors look past political risk and potential for conflict and bet on success for chipmakers and other exporters.Foreign investors poured a net
Tesla China sales slump as rival BYD grabs market share
Tesla (TSLA) - Get Free Report shares edged lower Monday after the carmaker posted the biggest slump in China sales in nearly a year. It faces intensifying competition in the world's biggest EV market while looking to meet its global delivery target of 1.8 million.
Hammerson earnings rise in record year for leasing activity
Hammerson reported another record year of leasing activity in its final results on Thursday, with 306 deals totalling £46m in headline rent, marking an increase of 23% year-on-year.
Ocado sees return to annual earnings as sales leap
The online grocer said sales lifted 10.9% to £609.4 million in the three months to November 26 and cheered record Christmas trading.
Arm shares soar as much as 41% after chip designer gives strong forecast, says AI is boosting sales
Arm's intellectual property is in nearly every smartphone, many PCs, and thousands of miscellaneous other chips.
This one nugget from Netflix’s viewership numbers could be a bullish sign for its ad business
After not releasing streaming data for years, Netflix finally publicized total hours viewed for many of its titles.
USD/JPY: Delayed BoJ exit from negative rates unlikely to trigger another sustained Yen sell-off – MUFG
The Yen has continued to recover lost ground following the heavy sell-off earlier in the week in response to the BoJ’s latest policy update.
IREDA shares surge after strong market listing. Should you hold or exit?
IREDA share price: At around 12:25 pm, shares of IREDA were trading nearly 86 per cent higher than its IPO issue price at Rs 59.25 on the National Stock Exchange (NSE) and 59.48 on the Bombay Stock Exchange (BSE).
Oracle shares surge almost 12% and close at a record
Oracle stock spiked almost 12% Tuesday to a record close. It also marks the stock's biggest gain since Dec. 10, 2021, when shares closed up 15.6%.
What investors with $6.5 trln in cash should do while waiting for Fed rate cuts
Investors will be keeping close watch on inflation data due in the week ahead.
94% of TRX holders in profit amid quick price recovery
Mixed signals surface for TRON as 94% of its holders are in profit
Under Armour shares jump after it raises profit expectations amid sliding sales
Under Armour delivered a mixed set of results for its 2023 holiday quarter after it saw slow sales in its wholesale channel and soft demand in North America.
Costco again outshines its retail rivals, while rewarding shareholders
Costco Wholesale's first quarter of its fiscal year 2024 came in better than expected, with beats on both the top and bottom lines.
Barclays upgrades European luxury sector to 'overweight' on China rebound bets
China's supportive policies and improving economic data in Europe will boost European luxury companies, Barclays said on Friday, raising its rating on the sector to "overweight".After a post-pandemic splurge that fuelled robust sales growth for high-end fashion companies over two years, consumers have bee
Robinhood stock has 64% upside as the crypto market triples to $7.5 trillion, Bernstein says
Robinhood's stock could be a big beneficiary of the soaring crypto market, a Bernstein analyst said. Crypto trading was up 86% on the platform
Stock market today: Indexes inch up as traders get ready for Nvidia earnings
The market rose modestly on Tuesday ahead of Nvidia's earnings report on Wednesday. The chipmaker is considered a bellwether for the strength of the
Sensex, Nifty snap record run as financial stocks take breather
The S&P BSE Sensex ended 168.66 points lower at 71,315.09, while the NSE Nifty 50 fell 38 points to settle at 21,418.65. Broader market indices were mostly mixed, as volatility spiked during the session.
2 Top-Ranked Under-the-Radar Tech Stocks to Buy for Huge Upside
Diving into two Zacks Rank #1 (Strong Buy) technology stocks with strong growth outlooks in key industries that offer solid value and big upside potential: Qualys (QLYS) and Celestica Inc. (CLS).
Stock market today: World shares rise after Wall Street gains, Hong Kong stocks near 15-month low
HONG KONG (AP) — Shares were mixed in Asian markets Monday after Wall Street returned to record heights Friday, while Hong Kong’s benchmark dropped over 2%, hovering near a 15-month low. European markets opened higher.
Ethereum and Cardano remain bearish despite new milestone; Intel Markets gains traction
Crypto remains bearish despite Ethereum’s low gas fees and Cardano’s record holders, with growing interest in Intel Markets. #partnercontent
High rents, added fees prompt calls for transparency in Vegas rental market
It’s an issue prospective renters will be all too familiar with: the advertised rent on your apartment might not be telling the whole truth.
Goldman Sachs Q4 profits jump 58% to $1.9 bn on strong equity trading
Goldman Sachs reported a jump in fourth-quarter profits Tuesday as a surge in revenues for equity trading offset weaknesses in other areas, including merger advising revenues. Goldman Sachs' revenues tied to equity trading surged 26 percent in the quarter, while the banks own holdings in public equities also enjoyed a hefty increase during a heady period for US stocks.
Pound Sterling Price News and Forecast: GBP/USD slips toward 1.2800 and consolidates ahead BoE’s decision
The GBP/USD begins the week on the back foot ahead of the Bank of England’s monetary policy decision on August 1.
Should you buy or hold gold as prices soar above Rs 70,000/10 gm? - Greater Kashmir
The yellow metal touched a peak of $2,304.96 an ounce after Fed Chair Jerome Powell signaled on April 3 that it would be appropriate to reduce borrowing costs "at some point this year."
last updated on 20 Sep 01:58