News

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...

Microstrategy Boosts Bitcoin Portfolio With Additional $147.3 Millio...

MicroStrategy, a major Bitcoin investor and business intelligence firm, has recently purchased an additional 5,445 BTC, further affirming its bullish...

Nikola shares surge 11% following convertible debt notes sale announ...

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 Se...

Tapestry China Town Hall Celebrates Achievements and Looks Ahead

Tapestry recently hosted a Town Hall in Shanghai, where 460 team members gathered to recognize FY23 achievements and discuss strategy for the year ahe...

Thomas Nides to join Wells Fargo as Vice Chairman in October

Thomas R. Nides, former United States’ Ambassador to Israel and Morgan Stanley (NYSE:MS) executive, has been appointed Vice Chairman of Wells Fargo (N...

Market uncertainty looms as government shutdown threat and economic...

Investors are bracing for a challenging week ahead, given the recent retreat of the S&P 500 and Nasdaq Composite indices, potential government shutdow...

Evergrande's financial woes deepen, impacting global markets

The ongoing financial crisis of Evergrande (HK:3333) Group, the major Chinese property developer, continues to raise concerns about the stability of t...

How SAP-Funded Trees Help Reforestation Programs

It’s estimated that Earth is home to 3 trillion trees, storing an amount of carbon dioxide (CO2) equivalent to nearly a century’s worth of our current...

S&P 500, Nasdaq Futures Dip as US 10-Year Yield Nears 15-Year Peak

Monday saw a slight decline in December S&P 500 futures and December Nasdaq 100 E-Mini futures by 0.05% and 0.12% respectively, as the U.S. 10-year yi...