Tag: markets

Why the Fed’s focus on those hardest-hit by the pandemic matters for markets

Hoovervilles, the shantytowns built in New York City’s Central Park and other open spaces during the Great Depression, became a lasting image of a decade...

Investors rush to ESG funds as Covid drives focus on sustainability

Investors rushed to park money into environmental, social and governance (ESG) focussed funds as the disruption caused by covid-19 pandemic drove focus to the importance...

What investors need to know about ‘geopolitical risk’

Investment professionals often talk about geopolitical risk. For those new to investing, the term can be unclear. For U.S. investors, geopolitical risk typically refers to...

D-Street outlook: Dalal Street Week Ahead: Nifty50 to stay rangebound with upside capped

Both price trend and investor sentiment of the domestic equity market got affected by the spike in US bond yields, which had an obvious impact...

Jerome Powell can roil markets now with just a word

By Mohamed A. El-Erian Judging from the initial market reaction to remarks by Federal Reserve Chair Jerome Powell on Thursday, he would have been well...

FPIs net buyers at Rs 14,649 cr in January

NEW DELHI: Foreign portfolio investors (FPI) have remained net buyers to the tune of Rs 14,649 crore in Indian markets in January, amid availability of...

Reliance: Atul Suri on why further correction in market can’t be ruled out

Money is moving away from some of the quality and maybe a little expensive stocks towards the beaten down deep value stocks in anticipation of...

Stock Market: Profit-booking in financials likely to continue

One should consider buy on dips in the metals sector as the undertone is getting quite strong, says Rahul Shah, VP- Equity Advisory, Motilal Oswal...

Pharma stocks: Steep correction in the offing?

After a fantastic bull run this year, pharma stocks have been showing signs of consolidating in the last couple of months. Ravi Dharamshi, Founder &...

‘Valuation leaves little room for error’: Here’s what 4 Wall Street banks expect from Apple’s fiscal 4th-quarter earnings report

(Photo by Lisa Maree Williams/Getty Images) Apple is set to report fiscal fourth-quarter results on Thursday, cluing investors in on how the company performed...

Credit Suisse misses expectations as 3rd-quarter net profits plunge 38%, hit by a slowdown in wealth management

Thomson Reuters Credit Suisse posted a 38% drop in third-quarter net profit, well below analyst expectations, as Switzerland’s second-biggest bank saw a slowdown in...

Deutsche Bank posts a surprise bounce back to profit with 3rd-quarter earnings, driven by 47% jump in debt-trading

REUTERS/Luke MacGregor Deutsche Bank beat expectations with its third-quarter earnings with a surprise return to profit, and posted a 47% jump in trading fixed-income...

Airbnb approves 2-for-1 private stock split as share value rips higher, report says

Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images Airbnb’s board has approved a 2-for-1 private stock split as the value of its shares has ripped higher,...

Dow tumbles 800 points as COVID-19 cases hit record and stimulus hopes fade

Getty Images / Xinhua News Agency US stocks fell on Monday as daily COVID-19 cases hit a record and a stimulus deal appeared increasingly unlikely...

Futures traders aren’t betting on any Fed rate hikes by mid-2022, no matter what the Treasury market suggests, DataTrek says

The New York Stock Exchange (NYSE) is pictured on August 31, 2020 at Wall Street in New York City. Angela Weiss/Getty Images Federal fund...

Global stocks tumble as investors dump risk with COVID-19 cases rocketing and no US stimulus deal

Specialist Meric Greenbaum, left, and trader Fred DeMarco, center, work on the floor of the New York Stock Exchange. AP/Richard Drew Global stocks tumbled...

Samsung’s billionaire chairman died on Sunday. He once counted Warren Buffett as a shareholder

AP Images; Steve Marcus/Reuters Samsung’s chairman, Lee Kun-hee, died on Sunday at age 78. The boss of the South Korean conglomerate once counted Warren Buffett...

Billionaire investor Paul Tudor Jones calls bitcoin ‘the best inflation trade’ as token surges above $13,000 | Currency News | Financial and Business News

REUTERS/Eduardo Munoz Bitcoin’s October rally will continue as investors start scooping up the token as an inflation hedge, billionaire investor Paul Tudor Jones said Thursday. The...

Global stocks slide as progress on stimulus stalls with just two weeks to go to the US election

REUTERS/Brendan McDermid Global stocks slid on Thursday after the US Senate’s stimulus smack-down dimmed the prospects of another relief package ahead of the November...

US stock climb as investors await stimulus developments, shrug off Google antitrust lawsuit

Getty Images / Bryan R. Smith US stocks closed higher on Tuesday as investors awaited fiscal stimulus developments and shrugged off an antitrust lawsuit...

Top Swiss bank UBS smashes expectations with 99% rise in third-quarter net profit as trading and wealth management surge

FILE PHOTO: Logo of Swiss bank UBS is seen in Basel Reuters Swiss lender UBS posted a 99% jump in third-quarter net profit to...

The S&P 500 will likely plunge 10% in the near term before the bull market resumes, Morgan Stanley’s investment chief says

REUTERS/Lucas Jackson The S&P 500 will likely fall 10% in the near term before the bull market resumes, said Morgan Stanley’s Mike Wilson on...

Global stocks jump after Pelosi sets Tuesday deadline for US stimulus vote; China posts strong economic data

Global stocks jumped on Monday, after Democrat House Speaker Nancy Pelosi set an end-Tuesday deadline to reach an agreement on the US coronavirus stimulus plan....

Warren Buffett plowed $5 billion into Bank of America during the debt crisis. Here’s the story of how the investor helped the bank and made a fortune in the process.

Alex Wong / Getty Images Warren Buffett invested $5 billion in Bank of America in August 2011, providing a crucial vote of confidence and cash...

Warren Buffett spoke to Joe Biden about America’s opportunity to ‘lead the whole damn world’

Berkshire Hathaway chairman Warren Buffett gestures at the start of a 5km race. REUTERS/Rick Wilking Joe Biden discussed America’s unrivaled prospects with Warren Buffett, ahead...