Tag: wall street

Economist Nouriel Roubini Warns of Growing Risk of Stagflationary Crisis

Economist Nouriel Roubini, known for his gloomy-yet-accurate prediction of the 2008 financial crash, warned in a recent op-ed that the global supply chain crisis combined...

Payrolls and the stock market: Wall Street usually shrugs off jobs report

NEW YORK: Markets always look to the Labor Department‘s monthly employment report with great anticipation. But whether the data disappoints or surprises to the upside...

Apple, Google-Parent Alphabet, Microsoft Report Combined Quarterly Profits of More Than $50 Billion

Three tech companies — Apple, Microsoft and Google owner Alphabet — reported combined profits of more than $50 billion (roughly Rs. 3,72,165 crores) in the...

The Alluring Twenties: What would it take to replicate the 1920s?

A year ago, prospects for the global economy seemed bleak. Economic activity had come to a screeching halt amidst nation-wide lockdowns and trade disruptions. Industrial...

Lordstown Motors, Nvidia, Bitcoin: What to Watch When the Stock Market Opens Today

Updated May 25, 2021 9:05 am ET Here’s what we’re watching as Tuesday’s trading gets underway. U.S. stock futures rose, putting indexes on course for further...

Wall Street giants get swept up by India’s brutal Covid wave

About 8,300 miles east of Wall Street, on a stretch of Bangalore’s Outer Ring Road, sits what was once the heart of the global financial...

Nifty today: SGX Nifty tanks 191 points; here’s what changed for market while you were sleeping

Dalal Street looked headed for some selloff on Friday, or at least that’s what Nifty futures trading on the Singapore Exchange seemed to be signalling....

Nifty today: SGX Nifty jumps 143 points; here’s what changed for market while you were sleeping

With the US Federal Reserve shrugging off tapering talks and maintaining an accommodative policy stance, domestic stocks may see a gap-up start to Thursday’s trade....

You want to invest responsibly. Wall Street smells opportunity.

Low-carbon funds, which seek to invest more in companies that pollute less, are part of the boom in ESG—environmental, social and governance—strategies. On April 8,...

4 Lessons From GameStop’s Price Frenzy

February 1, 2021 5 min read Opinions expressed by Entrepreneur contributors are their own. Warren Buffett has expressed very negative view towards gambling, saying, “Day trading comes...

businessman Ryan Cohen became a billionaire on Wall Street thanks to Reddit

The 800% rise in GameStop shares placed the founder and former CEO of Chewy in the billionaire category in record time. Entrepreneur’s New Year’s Guide...

Robinhood Faces Class Action Lawsuit For Blocking GameStop Stock Purchase

A class action lawsuit asks the court to require Robinhood to pay damages to affected users and reinstate GameStop on the stock trading platform. Entrepreneur’s...

Wall Street investors bullish on stocks, hoping for a brighter 2021

NEW YORK: U.S. stocks closed 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked...

What bitcoin’s new record means for Wall Street

By Lionel Laurent Bitcoin’s true believers are taking a victory lap after the cryptocurrency’s fresh all-time high of almost $20,000. “Onward and upward we go...

Donald Trump: After chaotic 4 years, Wall Street is itching to unfollow @realDonaldTrump

In the closing weeks of the presidential campaign, President Donald Trump began telling his supporters that if former Vice President Joe Biden was elected, market...

Wall Street: Wall Street Week Ahead: Gap between vaccine hopes and pandemic reality poses market hazard

By April Joyner NEW YORK: As winter approaches, U.S. equity investors are weighing brightening prospects for a Covid-19 vaccine against a resurgence of the pandemic...

Wall Street soared under Donald Trump, but it’s been a rocky ride

NEW YORK : The last four years have been good for stocks, with the S&P 500 climbing more than 50% and many 401(k) balances looking...

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...

Billionaire ‘Bond King’ Jeff Gundlach says stocks will crash, predicts a weaker dollar, and questions bitcoin in a new interview. Here are the 10 best quotes. | Currency News | Financial and Business News

2011 Jeffrey Gundlach co-founder and Chief Executive Officer and Chief Investment Officer of DoubleLine speaks at the 16th annual Sohn Investment Conference in New York...

stock markets: Odds in the market against Robinhood investors, warns top Wall Street expert Michael Mauboussin

NEW DELHI: Michael Mauboussin, Head of Consilient Research at Morgan Stanley Counterpoint Global, joined the caravan of market veterans sounding bad omens for retail investors...

Wall Street is becoming increasingly confident the US stock sell-off is past its worst

New York Stock Exchange building is seen at the Financial District in New York City, United States on March 29, 2020. Tayfun Coskun/Anadolu Agency/Getty Images...

Dating app Bumble is preparing for an IPO worth between $6 billion and $8 billion

Bumble/Facebook Dating and networking app Bumble is readying to go public as soon as early 2021, according to Bloomberg. Bumble could seek an IPO valuation...

Credit Suisse fired a banker who forged a wealth-management client’s documents and cost the firm $11 million, a new report says

Reuters Credit Suisse found that a banker drove a loss of roughly 10 million francs ($11 million) after forging documentation for an African wealth-management client,...

buy on dips: Buy the dips has been a winner, yet again?

One of the most successful formulas in investing in the past three decades has been `buy the dips.’ Investment advisors could identify scores of rags...

Wall Street quants are turning their skills to the virus fight

By Justina Lee Everyone on Wall Street is an armchair epidemiologist these days, but a motley crew of quants is taking it to a whole...