Browsing Category
News
Trades mixed amid firmer yields, concerns over China, Japan
Asia-Pacific shares seek clear directions as S&P 500 Futures print mild gains despite Wall Street’s losses.
Yields remain edgy as Federal Reserve (Fed) officials tease firmer rates.
Doubts over China’s easing of Covid controls, multi-year high Japan inflation entertain traders amid a light calendar.
Equity markets…
Read More...
Asos plans move to main market of London Stock Exchange
Shares in Asos jumped after it said it would move to the main market of the London Stock Exchange following 20 years on Aim, as the online clothes retailer seeks to pull in new investors.Asos floated on Aim in 2001 and is one of the junior market’s biggest companies, with an equity value of £2.2bn. But its share price has been under…
Read More...
Earnings will drive the stock market in the week ahead. That’s good
The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at a record high, buoyed by strong quarterly results from Club holding Wells Fargo and other major financial firms, which reinforced the idea of a healthy U.S. economy. The index posted its fifth…
Read More...
Berkshire Hathaway Stock: Buy, Sell, or Hold?
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is often considered a reliable stock for conservative long-term investors. The conglomerate is led by Warren Buffett, who famously said his favorite holding period for a stock is "forever."It owns a wide range of evergreen insurance, railroad, utility, and consumer-staples companies; and it holds…
Read More...
Silvercorp Metals Inc. (TSE:SVM) Director Sells C$28,465.17 in Stock
Silvercorp Metals Inc. (TSE:SVM - Get Rating) Director Yikang Liu sold 7,167 shares of the firm's stock in a transaction dated Friday, December 9th. The stock was sold at an average price of C$3.97, for a total value of C$28,465.17. Following the sale, the director now directly owns 83,333 shares in the company, valued at C$330,973.68. Yikang…
Read More...
Weak Ahead: Q2 results, Israel Iran war, FII activity, global cues among key market
The Indian market closed on a lower note for the week on Friday, dragged down by auto and banking stocks. While pharma and metal stocks offered some support, it wasn't enough to push the indices higher. As a result, the Nifty 50 fell by 0.14%, ending below the 25,000 mark for the third consecutive day at 24,964. Similarly, the Sensex dropped…
Read More...
The Newest Artificial Intelligence Stock Has Arrived — and It Claims to Make Chips That
Nvidia's stock has enjoyed incredible gains over the last five years. It's only natural for competitors to pop up.
The artificial intelligence chipmaker Nvidia (NVDA -0.01%) has amassed close to a $3.2 trillion market cap, making it one of the world's largest chipmakers. It now consumes more than 6% of the broader benchmark S&P 500 index.…
Read More...
Why CarParts.com Stock Jumped 16% in November
What happened
Shares of CarParts.com (PRTS 1.49%) moved higher last month after the online auto parts retailer reported a better-than-expected bottom-line result in its third-quarter earnings report. The stock also seemed to benefit from signs that the Federal Reserve could start slowing its interest-rate hikes.
According to S&P Global…
Read More...
Stock Market Outlook: Bull Rally Turns 2 Years Old. What Happens Next?
The stock market has surged since October 2022, with major indexes posting strong gains.With the bull market in stocks now two years old, investors are wondering how long the rally can last.According to stock market experts, the answer is: a lot longer. !-->…
Read More...