News

BlackRock anticipates further climb in 10-year Treasury yield amid s...

In a recent development, the world's leading asset manager, BlackRock Inc (NYSE:BLK)., suggested on Monday that the 10-year Treasury yield, which rece...

UK service sector contraction weighs on pound, global currencies fac...

The British Pound (GBP) concluded last week on a downbeat note due to a significant contraction in the U.K.'s service sector, which accounts for over...

DWS Investment Management Americas Fined $25M Over ESG Claims and An...

DWS Investment Management Americas, a subsidiary of Deutsche Bank (ETR:DBKGn), has agreed to pay a fine of $25 million imposed by the U.S. Securities...

Record Drawdown in Long-Dated Bond ETF Amid High-Interest Rates

Monday saw the iShares 20+ Year Treasury Bond ETF (ticker NASDAQ:TLT), the largest long-dated bond ETF, experiencing a record drawdown due to the Fede...

High Treasury Yields Forecasted Amid Turbulent Macroeconomic Climate

The global financial markets, on Monday, witnessed a surge in long-term government yields across Europe and the Americas. BlackRock Inc (NYSE:BLK)., t...

ADvTECH's consistent growth attracts investor attention

ADvTECH (JSE:ADH), a profitable and expanding company, is attracting the attention of investors who prefer steady growth over high-risk investments. T...

Tech IPO Market Shows Signs of Fatigue Amid Broader Market Condition...

The initial public offering (IPO) market showed signs of fatigue on Monday as three significant tech deals that launched last week experienced a dip i...

NC 2000 Index Sees Continued Decline in ROIC, Mixed Sector Performan...

The return on invested capital (ROIC) for the NC 2000 index witnessed a quarter-over-quarter (QoQ) decline in Q2 2023, continuing the downward trend t...

Deutsche Bank Predicts Significant Shift in Forex Market Amid Neutra...

Deutsche Bank (ETR:DBKGn) analysts foresee a considerable change in the forex market as global central banks transition from interest rate hikes to a...

High oil prices are "manageable" - Goldman Sachs

The Federal Reserve's decision to keep interest rates at their highest in 22 years, announced last week, has led to significant reactions in the marke...

Peloton Shares Hit Record Low Following UBS Price Target Cut Amid Su...

Shares of Peloton Interactive (NASDAQ:PTON) Inc. reached a new record low on Monday, continuing a downward trend seen over the past few weeks. This fo...

Dow Jones Sees Drop Driven by 3M and Jpmorgan Chase Shares

The Dow Jones Industrial Average (DJIA) experienced a downturn in intraday trading on Monday, largely influenced by the declining shares of 3M (NYSE:M...

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, accord...

Lenovo Joins UN Global Compact Forward Faster Initiative To Accelera...

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 S...

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 digi...

Deutsche Bank unit settles with SEC over ESG and AML violations for...

A subsidiary of Deutsche Bank (ETR:DBKGn), DWS Investment Management Americas, has agreed to pay a $25 million penalty in two separate settlements wit...

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), cont...

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 Fe...

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 divestm...

Symbotic’s AI-Driven Warehouse Automation Attracts Major Retailers,...

Warehouse automation leader Symbotic is employing artificial intelligence (AI) to address the increasing complexities in global supply chains, such as...