Stock market

Investors eye recovery from Credit Suisse's nullified AT1 debt after UBS takeover
September 21, 2023 10:42 PM AEST| By InvestingInvestors are increasingly looking to recover value from Credit Suisse (SIX:CSGN)'s additional tier 1 (AT1) debt, which lost its worth during the UBS Group AG (SIX:UBSG)'s takeover. The stakes have es

NIO ventures into smartphone market, aims to enhance EV driving experience
September 21, 2023 10:38 PM AEST| By InvestingChinese electric vehicle (EV) manufacturer NIO has made its debut in the smartphone market, unveiling an Android phone on Thursday. The device, priced around $900, is expected to start shipping on Sep

D.R. Horton's robust financial health persists despite recent stock value dip
September 21, 2023 10:34 PM AEST| By InvestingDespite a 5.4% decrease in share value over the last three months, D.R. Horton (NYSE:DHI) continues to attract investor interest due to its robust financial health. The company's return on equity (ROE

FedEx, Splunk and Marvell rise premarket; Cisco, Broadcom fall
September 21, 2023 10:32 PM AEST| By InvestingInvesting.com -- U.S. futures fell sharply Thursday, as the Federal Reserve’s hawkish stance in the wake of its latest policy-setting meeting raised concerns about further rate hikes hitting economi

Bitcoin pioneer Hal Finney's early work on zero-knowledge proofs highlighted in unearthed video
September 21, 2023 10:24 PM AEST| By InvestingA recently discovered video from the Crypto '98 conference, held on Aug. 26, 1998, has shed light on the pioneering work of early Bitcoin innovator Hal Finney. The video shows Finney discussing the co

U.S. Congress under pressure to reach budget agreement ahead of October 1 deadline
September 21, 2023 10:00 PM AEST| By InvestingWith the October 1 deadline for the U.S. federal government's budget looming, Congress is under pressure to reach an agreement. The potential for a government shutdown is expected to dominate politica

Bitcoin's bullish trend anticipates significant growth by 2025
September 21, 2023 09:48 PM AEST| By InvestingBitcoin, the largest digital asset by market capitalization, is showing signs of a bullish trend, with machine learning algorithms suggesting potential advances in the next couple of years. This comes

Tether resumes secured lending, raising concerns over market stability
September 21, 2023 09:42 PM AEST| By InvestingStablecoin issuer Tether Holdings has resumed its secured lending services, despite promising to cease this practice less than a year ago, sparking fears of potential market instability due to its sig

Bank of England pauses interest rate hikes, providing relief to millions
September 21, 2023 09:42 PM AEST| By InvestingThe Bank of England (BoE) has decided to pause interest rate hikes, holding the current base rate at 5.25%. This move, announced on Thursday, is expected to bring relief to millions of households, as

EMS Ltd debuts strong on Indian bourses, despite weak market conditions
September 21, 2023 09:40 PM AEST| By InvestingEMS Ltd made a notable debut on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on Thursday, September 21, 2023. The company's shares listed at ₹282.05 per share on the NSE and ₹

Mt. Gox extends repayment deadline to 2024, dampening creditor sentiment
September 21, 2023 09:40 PM AEST| By InvestingIn a recent development, the Mt. Gox Rehabilitation Trustee, Nobuaki Kobayashi, announced on Thursday that the deadline for the repayment of creditors has been extended to October 31, 2024, from the p

Nasdaq under scrutiny by Swedish regulator for possible insider trading violations
September 21, 2023 09:36 PM AEST| By InvestingSweden's financial market watchdog, the Financial Supervisory Authority (FSA), launched an investigation into Nasdaq on Thursday. The probe aims to determine whether Nasdaq Stockholm breached domestic

Microsoft lifts quarterly dividend by 10% amid strong business performance
September 21, 2023 09:30 PM AEST| By InvestingIn a testament to its robust business performance and confidence in its cash flow, Microsoft (NASDAQ:MSFT) announced a 10% increase in its quarterly dividend to $0.75. This move continues the software

U.K. inflation dip sparks uncertainty over BoE's rate hike decision
September 21, 2023 08:58 PM AEST| By InvestingThe British Pound (GBP) fell against the Euro (EUR) and the U.S. Dollar (USD) on Wednesday, September 20, 2023, following a sudden decline in the U.K.'s CPI inflation to 6.7% in August, from 6.8% in J

FedEx shares jump on strong profit numbers, market share gains; analysts raise numbers
September 21, 2023 08:46 PM AEST| By InvestingInvesting.com -- FedEx reported a mixed fiscal first quarter as revenue missed Wall Street estimates. The shipping company also delivered a mixed outlook on guidance after lifting its annual earnings

India shares lower at close of trade; Nifty 50 down 0.80%
September 21, 2023 08:45 PM AEST| By InvestingInvesting.com – India equities were lower at the close on Wednesday, as losses in the Banking, Oil&Gas and IT sectors propelled shares lower.

Indonesian parliament approves $216 billion budget for 2024 to boost economic growth
September 21, 2023 08:44 PM AEST| By InvestingIn a recent legislative move, the Indonesian parliament approved a state budget of $216 billion for 2024 on Thursday, marking a significant commitment by the government to stimulate economic growth. T

Signature Global's IPO receives robust response, reduces issue size by 28%
September 21, 2023 08:42 PM AEST| By InvestingSignature Global (India), a prominent real estate developer in the Delhi-NCR region, has witnessed a strong response to its initial public offering (IPO), which was launched on Wednesday, September 20

Dow futures fall sharply after Fed points to higher rates
September 21, 2023 08:42 PM AEST| By InvestingWhile there isn’t inflation data for investors to digest today, weekly jobless claims and the Philadelphia Fed manufacturing index will attract interest before the opening bell, and existing home sa

Gold prices retreat as U.S. Fed signals tighter monetary policy
September 21, 2023 08:40 PM AEST| By InvestingGold prices experienced a dip on Thursday, influenced by the U.S. Federal Reserve's hardened hawkish policy stance. This led to a stronger U.S. dollar and higher bond yields, which further discouraged

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