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Oil Price Surge Manageable for US Economy, Says Goldman Sachs
Stock Market

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

Lenovo Joins UN Global Compact Forward Faster Initiative To Accelerate Private Sector Action To Reach SDGs
World News

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
Stock Market

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

Deutsche Bank unit settles with SEC over ESG and AML violations for $25M
Stock Market

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

Citi strategists highlight growth stocks amid rising bond yields
Stock Market

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

Midday movers: Amazon, Warner Bros. Discovery, Nio and more
Stock Market

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.

Dutch government reduces stake in ABN Amro Bank to under 50%
Stock Market

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

Symbotic’s AI-Driven Warehouse Automation Attracts Major Retailers, Boosts Revenue
Stock Market

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

Microstrategy Boosts Bitcoin Portfolio With Additional $147.3 Million Purchase
Stock Market

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

Nikola shares surge 11% following convertible debt notes sale announcement
Stock Market

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

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