Goldman Says Powell’s Remarks Point to a 50 Bps Rate Hike in May and June
(Markets Insider) Goldman Sachs has predicted an increase in the US interest rate by 50 basis points in Fed’s May and June meetings, amid tough talk by the chair Jerome…
(Markets Insider) Goldman Sachs has predicted an increase in the US interest rate by 50 basis points in Fed’s May and June meetings, amid tough talk by the chair Jerome…
(Reuters) US-listed Chinese firms, including Alibaba, JD.com, and Baidu have been told by Beijing to prepare for more audit disclosures. The move by China's regulator has been seen as an…
(Alibaba) Shares of Chinese tech giant Alibaba rose more than 11% in Hong Kong on Tuesday after raising its stock repurchase program to $25 billion from the previous $15 billion.…
(ECB) The current account surplus in the euro area was recorded at 23 billion euros in January 2022, the same as December. Services surplus in January was 16 billion euros…
(Nike) Shares of NIKE Inc. rose more than 5% on Tuesday in premarket after reporting a revenue jump of 5% in the third quarter of 2022 from the prior year…
(VallonPharma) Shares of Vallon Pharmaceuticals Inc. fell more than 74% in pre-market on Monday after a weak study outcome for Lead Program, ADAIR, for ADHD treatment. Vallon said that the…
(Pinduoduo) Pinduoduo Inc. shares rose 5% on Monday premarket after reporting revenue of RMB27.23 billion or US$4.273 billion, up by 3% from the prior year. FY21 revenues were reported at…
(Berkshire Hathaway) Shares of insurance company Alleghany Corp. rose more than 27% on Monday after Berkshire Hathaway announced an $11.6 billion purchase deal. The deal allows Berkshire to acquire all…
(ASN) Shares of plane maker Boeing Co. shed more than 8% on Monday after reports emerged that a 737-800NG plane with over 130 passengers crashed in China. The Aviation Safety…
(Anaplan) Shares of Anaplan Inc. rose more than 26% in pre-market on Monday after agreeing to go private in a $10.7 billion deal by Thoma Bravo. Anaplan is set to…
(Markets Insider) Innovation stocks, loved by Cathie Wood’s Ark Invest, are attractively priced and present buying opportunities, according to JPMorgan’s Marko Kolanovic. Kolanovic says the innovation stocks, already posting little-to-no…
(StoneCo.) Shares of StoneCo Ltd rose more than 33% on Friday after reporting a total revenue of R$1.873 billion in the fourth quarter of 2021, up 87% from the prior…