Hong Kong's Real Estate Titan Stumbles
Hong Kong’s prominent property developer, New World Development, is bracing for its first annual loss in 20 years. The company, owned by the billionaire Cheng family, ex...
Early Trading and Analysts Optimistic
CAVA Group (NYSE: CAVA) has garnered attention in early trading on Monday following the expiration of the IPO lockup period. Analyst initiations on the restaurant stock have poured in, indicating a positive outl...
Earnings season outlook
As the U.S. banking industry braces for its upcoming earnings season, investors are gearing up for a challenging outlook.
According to experts, a tough quarter is expected due to the fallout of the regional banking crisis an...
Trading on Monday
The US stock market rallied strongly in early trading on Monday following the release of quarterly reports from Wall Street's biggest banks.
The Dow Jones Industrial Average had added 5...
Morgan Stanley suggests
Emerging market stock indices could soon reach the low point in the current bearish cycle, analysts at Morgan Stanley (NYSE:MS) believe.
As a consequence, economists of the bank, including strategist Jonathan Garner, changed...
Global equities
Analysts at U.S. bank Goldman Sachs Group Inc. (NYSE: GS) downgraded its recommendation for global equities for the next three months to "below market" and maintained an "above market" recommendation for cash amid recessionary risks,...
Morgan Stanley's report and shares
US financial conglomerate Morgan Stanley (NYSE: MS) today released its Q1 2022 results report.
As for Morgan Stanley shares, the company closed at $83.93 in yesterday's trading, adding +0.24%. The maximum value pe...
Reports from companies
This week's financial reports will be released by Goldman Sachs, Bank of America, Netflix, UnitedHealth, Alcoa and others. Wall Street analysts give their predictions on what investors s...
All about Apple stock today
Apple (AAPL) shares rose 3.54% on Tuesday, to a new all-time high price of $171.18 per share. At the same time, the market capitalisation of the world's most valuable company surpassed $2.84 trillion, bringing Apple close...
Shares rise on report backdrop
Shares of major US banks Bank of America (BAC), Morgan Stanley (MS), Wells Fargo (WFC) and Citigroup (C) rose at the premarket after the release of Q3 2021 reports. Banks' earnings and profits beat Wall Street expectat...
Stocks rise
US stock indices rose on Tuesday as the major averages are expected to stabilise at or near their lowest level in months. The Dow Jones Industrial Average rose 114 points, or 0.34 pe...
Crisis in the making
Nasdaq Composite, S&P 500 and Dow Jones fell sharply on Monday, with the financial sector hardest hit shares of major US banks JPMorgan Chase (JPM), Goldman Sachs (GS) and others fell by 3% or more. The market sees risks in ...
US GDP forecasts down
The US economy is set to decline sharply in the third quarter Goldman Sachs, Morgan Stanley, Oxford Economics and the Atlanta Fed have all cut their GDP growth forecasts sharply in recent weeks. The effects of the rapid spread ...
New York Stock Exchange premarket on Tuesday
Shares in Boeing (NYSE:BA) fell 1% after European budget airline Ryanair, one of the US plane maker's biggest customers, broke off talks over a deal to buy the 737 MAX 10 jets over a disagreement over pri...
Amazon's delivery business is close to becoming a separate enterprise
Amazon's logistics business has now grown to the size of a separate company that provides delivery services to other companies. Amazon is a growing competitive threat to FedEx and...
Marketplace for stock trading
Exchange operator Nasdaq Inc. plans to spin off its private equity marketplace into a separate segment in partnership with a group of US banks, including Goldman Sachs G...
Correction in the US market
After the US Federal Reserve expressed confidence in the economic recovery some time ago and signalled that a tightening of its already ultra-soft monetary policy would begin somewhat earlier than planned, US stock indice...
New York Stock Exchange premarket
Shares in Boeing (NYSE:BA) are up 0.5% following the US and EU decision to end a 17-year dispute over aircraft subsidies for Boeing and its rival Airbus.
Biogen (NASDAQ: BIIB) shares were down 0.3% following a fail...
NYSE premarket
Tesla (NASDAQ:TSLA) shares fell 0.5% on the New York Stock Exchange premarket after CEO Elon Musk announced on Twitter (NYSE:TWTR) that the electric car maker has halted production of the Model S Plaid Plus, which was expected to be T...
Coinbase's shares
Cryptocurrency exchange Coinbase's market entry today triggered another jump in cryptocurrencies, with bitcoin rising 5% to $63.22k Analysts have differing opinions, with valuations ranging from $60bn to more than $100bn.
Coinbase...
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