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U.S. Treasury yields surge to multi-year highs amid Federal Reserve's stringent monetary policy
Stock Market

U.S. Treasury yields surge to multi-year highs amid Federal Reserve's stringent monetary policy

U.S. Treasury bonds have continued their downward trajectory on Monday, with the 10-year and 30-year yields reaching new multi-year peaks. The rise is largely attributed to expectations that the Feder

Amazon invests up to $4 billion in AI startup Anthropic, intensifying cloud tech competition
Stock Market

Amazon invests up to $4 billion in AI startup Anthropic, intensifying cloud tech competition

Amazon (NASDAQ:AMZN) announced on Monday that it will invest up to $4 billion in the artificial intelligence startup Anthropic. The investment is seen as a strategic move by the tech giant to maintain

Senate in Nigeria set to screen new Central Bank Governor and Deputy Governors
Stock Market

Senate in Nigeria set to screen new Central Bank Governor and Deputy Governors

In the latest development, the Senate of the Federal Republic of Nigeria will screen Dr. Olayemi Michael Cardoso, the former Chairman of the Board of Citi Bank Nigeria, for the position of the Governo

HDFC Bank's share price rises slightly amid overall positive trading environment
Stock Market

HDFC Bank's share price rises slightly amid overall positive trading environment

HDFC Bank Ltd. recorded a minor increase in its share price on Monday, as each share rose by 0.16% to reach a value of 1,531.70 Indian rupees ($20.78). This comes amidst a generally positive trading e

The Mindset of Progress Over Perfection: Kimberly-Clark's Jeannette Chantalat Offers Insights in Sustainable Innovation
World News

The Mindset of Progress Over Perfection: Kimberly-Clark's Jeannette Chantalat Offers Insights in Sustainable Innovation

Global Head of Innovation and Sustainability Accelerator, Jeannette Chantalat, recently joined the Tech Transformation Podcast hosted by Lisa Johnston, editor of Consumer Goods Technology, where she d...

  • September 26, 2023 05:25 AM AEST
  • 3BL
Oil treads water as dollar hits November highs amid Fed, global concerns
Commodities

Oil treads water as dollar hits November highs amid Fed, global concerns

This article first appeared in Investing.com

S&P 500 climbs as Amazon, energy stocks shine, but rising Treasury yields weigh
Stock Market

S&P 500 climbs as Amazon, energy stocks shine, but rising Treasury yields weigh

Investing.com -- The S&P 500 rose slightly Monday, led by Amazon (NASDAQ:AMZN) and a rise in energy stocks, but bullish bets on stocks were few and far between as jump in Treasury yields weighed on se

NSE incorporates SME stocks into surveillance measures to combat manipulation
Stock Market

NSE incorporates SME stocks into surveillance measures to combat manipulation

In a move designed to counter alleged manipulation and high speculation in small and medium enterprises (SME) stocks, the National Stock Exchange (NSE) announced on Monday that these stocks will be in

Peloton's stock value continues to decline, UBS analyst lowers price target
Stock Market

Peloton's stock value continues to decline, UBS analyst lowers price target

Peloton Interactive (NASDAQ:PTON), the at-home fitness company, has experienced a significant decrease in its stock value in 2023, with a 45% drop reported as of Monday. The downward trend is expected

Nike faces headwinds amid consumer spending slowdown, says Jefferies
Stock Market

Nike faces headwinds amid consumer spending slowdown, says Jefferies

Analyst Randal Konik from Jefferies downgraded Nike (NYSE:NKE) to hold from buy on Monday, due to near-term challenges that weigh on the sports retailer. He also lowered his price target by $40 to $10

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