TLDR: S&P 500 bull market is 2 years old, up over 60% since October 2022 low Wall Street strategists expect…
Browsing: Finance
TLDR: JPMorgan’s Q3 profits fell 2% to $12.9 billion Credit loss provisions increased 125% to $3.1 billion Investment banking revenue…
TLDR: BlackRock’s assets under management hit a record $11.5 trillion $160 billion in client cash flowed into long-term investment funds…
TLDR: Wells Fargo’s Q3 profit fell due to lower interest income Net income dropped to $5.11 billion from $5.78 billion…
TLDR: Consumer Price Index (CPI) rose 0.2% in September, annual inflation rate at 2.4% Core inflation (excluding food and energy)…
TLDR: Trump criticizes the Federal Reserve’s recent interest rate cut as “too big” and “political” September inflation report shows 2.4%…
TLDR: US equity futures slightly lower ahead of key inflation data Consumer Price Index (CPI) report for September due at…
TLDR: South Korea to join FTSE Russell’s World Government Bond Index (WGBI) in 2025 India added to FTSE Russell’s emerging…
TLDR: ECB policymakers are indicating a likely interest rate cut in October Several officials support back-to-back cuts in October and…
TLDR: Chinese stocks tumbled, with CSI 300 Index dropping 7.1% in one day Investors are skeptical about the pace and…
TLDR: PepsiCo reported mixed Q3 earnings, missing revenue estimates but beating EPS expectations The company cut its 2024 organic revenue…
TLDR: Fed’s Williams expects interest rate reductions “over time” September’s job report showed unexpected strength in the labor market Traders…
TLDR: China’s lack of detailed fiscal stimulus disappoints investors Hong Kong’s Hang Seng Index slumps 9.4% European shares fall, with…
TLDR: Gold prices remain stable around $2,651 per ounce amid rate cut expectations Geopolitical tensions, especially in the Middle East,…
TLDR: Oil prices rose as markets await Israel’s response to Iran’s missile attack Biden discouraged striking Iranian oil fields Middle…
TLDR: Apple CEO Tim Cook sold $50.28 million worth of AAPL stock Other Apple executives also sold shares worth millions…
TLDR: Chinese stocks have rallied significantly since late September due to stimulus measures Many global fund managers remain skeptical of…
TLDR: U.S. stock futures down, Treasury yields up after strong jobs report Oil prices rising due to Middle East tensions…
TLDR: Goldman Sachs raised S&P 500 targets for year-end and next 12 months Strong job growth reported in September, unemployment…
TLDR: Futu Holdings stock surged 43% week-to-date as of October 3, 2024 JPMorgan analyst nearly doubled price target to $160…
TLDR: Novavax stock jumped 19.2% to $14.68 in recent trading FDA authorized updated COVID-19 vaccine for ages 12+ targeting JN.1…
TLDR: China’s stock market experienced a strong rally following stimulus measures The rally triggered a shift in global portfolios, with…
TLDR: Bank of England Governor Andrew Bailey suggests more aggressive rate cuts if inflation remains low Pound falls to two-week…
TLDR: Accenture forms new Nvidia business group focused on agentic AI adoption Partnership aims to help clients rapidly scale AI…