
Oil Price Surge Manageable for US Economy, Says Goldman Sachs
The recent surge in oil prices, which has seen an increase of 30% since late June, is a "manageable headwind" for the US economy and consumers, according to Goldman Sachs (NYSE:GS). The bank's analyst
- September 26, 2023 04:10 AM AEST
- Investing

Lenovo Joins UN Global Compact Forward Faster Initiative To Accelerate Private Sector Action To Reach SDGs
September 25, 2023 /3BL/ - Lenovo joined a new initiative to accelerate private sector action at the pace and scale needed to deliver on the UN’s 17 Sustainable Development Goals (SDGs) and meet the 2...
- September 26, 2023 04:05 AM AEST
- 3BL

Ripple CTO clarifies XRP's value dynamics and dispels rumors
In a recent discussion, Ripple's Chief Technology Officer (CTO) David Schwartz clarified misconceptions about the value and liquidity of XRP, the digital asset used in Ripple's payment solutions. The
- September 26, 2023 04:04 AM AEST
- Investing

Deutsche Bank unit settles with SEC over ESG and AML violations for $25M
A subsidiary of Deutsche Bank (ETR:DBKGn), DWS Investment Management Americas, has agreed to pay a $25 million penalty in two separate settlements with the Securities and Exchange Commission (SEC), ad
- September 26, 2023 04:00 AM AEST
- Investing

Citi strategists highlight growth stocks amid rising bond yields
Monday's market saw the Russell 1000 Growth Index, which includes high-growth companies such as Microsoft (NASDAQ:MSFT) and Nvidia (NASDAQ:NVDA), continue a recent trend of decline. The index has expe
- September 26, 2023 03:58 AM AEST
- Investing

Midday movers: Amazon, Warner Bros. Discovery, Nio and more
Investing.com -- U.S. stocks are wobbling on Monday, as investors headed toward the end of the third quarter still reeling from last week’s hawkish Federal Reserve meeting.
- September 26, 2023 03:52 AM AEST
- Investing

Dutch government reduces stake in ABN Amro Bank to under 50%
The Dutch government has reduced its ownership in ABN Amro Bank NV to just under 50%, marking a significant step in the government's long-term divestment plan. The move comes after a five-year pause i
- September 26, 2023 03:50 AM AEST
- Investing

Symbotic’s AI-Driven Warehouse Automation Attracts Major Retailers, Boosts Revenue
Warehouse automation leader Symbotic is employing artificial intelligence (AI) to address the increasing complexities in global supply chains, such as labor strikes, congested ports, and escalating fu
- September 26, 2023 03:50 AM AEST
- Investing

Microstrategy Boosts Bitcoin Portfolio With Additional $147.3 Million Purchase
MicroStrategy, a major Bitcoin investor and business intelligence firm, has recently purchased an additional 5,445 BTC, further affirming its bullish stance on the cryptocurrency. The announcement was
- September 26, 2023 03:50 AM AEST
- Investing

Nikola shares surge 11% following convertible debt notes sale announcement
Electric vehicle (EV) company, Nikola (NASDAQ:NKLA), saw its share price rise by 11% on Monday. The surge followed Nikola's recent filings with the Securities and Exchange Commission (SEC), outlining
- September 26, 2023 03:38 AM AEST
- Investing