Stock market

Mortgage Rates Rise, Housing Demand Cools as Federal Reserve Pauses Rate Hikes
September 22, 2023 02:50 AM AEST| By InvestingMortgage rates in the United States have continued to climb, with the 30-year fixed-rate mortgage (FRM) averaging 7.19% today, a slight increase from last week's average of 7.18%, according to Freddie

IMF halts Pakistan's power relief plan amid ongoing electricity sector troubles
September 22, 2023 02:34 AM AEST| By InvestingThe International Monetary Fund (IMF) has reportedly halted Pakistan's plan to give relief to power consumers using over 200 units monthly, according to ARY News on Wednesday. The IMF warned that circ

Bill Gross warns of third consecutive year of bond market losses
September 22, 2023 02:20 AM AEST| By InvestingBill Gross, the former chief investment officer of Pacific Investment Management Co., has reiterated his warning to bond investors about a potential third consecutive year of losses, despite the Feder

SECO and Qualcomm join forces to launch new edge computing solutions for Industrial IoT
September 22, 2023 02:16 AM AEST| By InvestingSECO S.p.A. (IOT.MI), an Italian high-tech company, has announced a strategic partnership with Qualcomm (NASDAQ:QCOM) Technologies International, Ltd. on Thursday. This collaboration aims to accelerat

Samhi Hotels and Zaggle Prepaid Prepare for Stock Market Debut Following IPO Close
September 22, 2023 01:58 AM AEST| By InvestingSAMHI Hotels and Zaggle Prepaid, which recently wrapped up their initial public offerings (IPOs), are slated to make their debut on the stock market this Friday, September 22, 2023. The swift listing

UK Retail Stocks Rise as Bank of England Pauses Interest Rate Hikes
September 22, 2023 01:58 AM AEST| By InvestingThursday's trading session saw UK stocks initially decline, only to rebound later in the day. The FTSE 100 stock index ended up trading 0.24% higher, bolstered by gains in retail and rate-sensitive re

Walmart Eyes Major Expansion Into Healthcare With Potential Chenmed Acquisition
September 22, 2023 01:56 AM AEST| By InvestingRetail giant Walmart (NYSE:WMT) is contemplating a significant expansion into the healthcare sector through a potential acquisition of ChenMed, a primary care provider for seniors, according to report

Nationwide Building Society introduces £200 switch offer and 8% savings rate
September 22, 2023 01:56 AM AEST| By InvestingThe competition for current account holders among UK banks and building societies has intensified this week, with Nationwide Building Society launching a £200 (£1 = $1.23) switching offer and a link

Dollar Hits 6.5-Month High as Central Banks Adjust Rates
September 22, 2023 01:54 AM AEST| By InvestingThe dollar reached a 6.5-month peak on Thursday, September 21, 2023, after the U.S. Federal Reserve signaled a continuation of its restrictive policy, even as it held rates steady. This comes as the S

Arm Holdings growth stagnant despite dominance in smartphone and consumer electronics markets
September 22, 2023 01:52 AM AEST| By InvestingArm Holdings (NASDAQ: NASDAQ:ARM) continues to dominate the smartphone and consumer electronics markets, with its technology found in nearly every smartphone and a significant portion of consumer elec

Ripple’s XRP Price Sees Fluctuation, Predictions Show Potential Growth
September 22, 2023 01:48 AM AEST| By InvestingFollowing a significant upswing in July, the price of Ripple's XRP cryptocurrency has been experiencing a rollercoaster ride for the past three months. The price surge was triggered by a court ruling

Apple’s In-House 5G Modem Project Faces Setbacks, Extends Qualcomm Partnership
September 22, 2023 01:48 AM AEST| By InvestingApple (NASDAQ:AAPL) has recently extended its 5G modem partnership with Qualcomm (NASDAQ:QCOM) for an additional three years, indicating potential challenges with the development of its in-house modem

Currency Depreciation and Infrastructure Issues Hamper African Trade, Says Standard Bank Report
September 22, 2023 01:34 AM AEST| By InvestingA recent report from South Africa's Standard Bank has highlighted numerous challenges faced by African businesses, particularly in the context of local currency depreciation, foreign currency shortage

Accenture Strengthens Cybersecurity With Cyberark Privilege Cloud Deployment
September 22, 2023 01:28 AM AEST| By InvestingProfessional services giant Accenture (NYSE:ACN) has expanded its deployment of the CyberArk Identity Security Platform to include CyberArk Privilege Cloud, a move announced on Thursday. The integrati

Indian Tech Stocks Face Correction Amid India-Canada Tensions and CPPIB Investments
September 22, 2023 01:26 AM AEST| By InvestingThe recent tensions between India and Canada have stirred concerns in the investment community, particularly due to the significant stakes held by the Canada Pension Plan Investment Board (CPPIB) in I

Apple's AirPods Pro with USB-C charging case now available at a discount
September 22, 2023 01:18 AM AEST| By InvestingApple (NASDAQ:AAPL)'s latest addition to its audio product line, the new AirPods Pro with USB-C charging case, has been released and is already on sale just over a week after its launch. This new mode

Polygon 2.0 Implementation Begins, ZKEVM Introduces Ethereum’s PUSH0 Opcode Support
September 22, 2023 01:16 AM AEST| By InvestingPolygon, a scaling solution compatible with the Ethereum Virtual Machine (EVM), achieved a significant breakthrough with its Dragon Fruit upgrade (ForkID5) on Wednesday. The upgrade introduces support

U.S. stocks fall as Treasury yields climb; higher rates in focus
September 22, 2023 01:16 AM AEST| By InvestingWhile there isn’t inflation data for investors to digest today, weekly jobless claims came in at a lower than expected 201,000 last week. In addition, the Philadelphia Fed manufacturing index was a

Waabi and Uber Freight Join Forces to Advance Autonomous Trucking
September 22, 2023 01:12 AM AEST| By InvestingToronto-based autonomous vehicle (AV) startup, Waabi, has partnered with Uber (NYSE:UBER) Freight, the logistics division of the US ride-hailing giant, in a 10-year agreement aimed at advancing autono

SBI Foundation and IIT Bombay launch data science hub to revolutionize Indian banking sector
September 22, 2023 01:12 AM AEST| By InvestingState Bank of India (SBI) and the Indian Institute of Technology, Bombay (IIT-B), have launched a collaborative initiative aimed at addressing challenges within the Indian Banking, Financial Services

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