• CPI inflation, producer prices, and the last batch of earnings will be in focus this week. • Oracle’s accelerating cloud business and bullish market sentiment make it a top pick to buy this week. • AutoZone faces near-term challenges that warrant caution, making it a stock to sell this week. • Looking for more…
The tycoon behind China’s RoyalFlush trading app has added $6 billion to his wealth since the nation’s stimulus blitz in September, underscoring how the volatility has been a boon for an elite few. Yi Zheng, an engineering graduate who founded the entity behind Hithink RoyalFlush Information Network Co. in 1994, four years after China’s stock…
The dollar advanced after President-elect Donald Trump vowed additional tariffs on Mexico, Canada and China, upending recent macro bets on more measured economic plans from the next administration. The Bloomberg Dollar Spot Index was up 0.4% after earlier climbing as much as 0.7% on Tuesday after Trump announced the proposals in social media posts to…
Dow Surges Over 450 Points As Nvidia Climbs Post-Earnings, Google, Amazon Slip: Fear Index Shifts To ‘Greed’ Zone Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to…
Copper is heading for its longest run of weekly losses in more than half a decade, as base metals suffer steep declines on a strong dollar and lingering concerns over Chinese demand. While copper ticked higher on Friday, it has drifted lower since late-September and is poised for its seventh consecutive weekly fall. Prior to…
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: Good morning, this is Ashutosh Joshi, an equities reporter in Mumbai. A pall of gloom continues to hang over India’s stock market, with Nifty futures offering little respite. As…
Hong Kong’s economic growth this year is expected to be near the lower end of its forecast range, Financial Secretary Paul Chan said in his weekly blog. The city’s government released a forecastBloomberg Terminal in August saying this year’s growth would be in the range of 2.5% to 3.5%. It’s set to announce full-year economic…
We recently compiled a list of the 8 Unstoppable Stocks That Could Make You Richer. In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against the other Unstoppable Stock That Could Make You Richer. Navigating Volatile Equity Markets In the current climate of extreme market volatility, finding safe…
Photo: Rick Gershon (Getty Images) It was a mixed day for investors, as the Dow dropped over 200 points and the Nasdaq jumped after Tesla’s better-than-expected earnings report. In the afternoon, the Dow dropped 203 points, or 0.4%, to 42,311. Meanwhile, the Nasdaq and S&P 500 popped up 0.6% and 0.1%, respectively. Read More Source…
Hyundai Motor India‘s shares debuted on the exchanges on Tuesday at a 1.5% discount. The stock was listed at Rs 1,931 on the BSE, compared to the issue price of Rs 1,960. On the NSE, it listed at Rs 1,934. The Rs 27,870 crore IPO was booked 2.3 times, with full subscription achieved only on…