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2 mins read
Markets end FY24 on buoyant note amid positive global cues
The NSE Nifty climbed 203.25 points or 0.92 per cent to end at 22,326.90. In the 2023-24 fin…
PTI
2 mins read
A new bull market in stocks won't get the green light until these 3 things happen, Bank of America says
"Don't think Wall St unwinds financial excesses of past 13 years with a 6-month garden variety bear…
Matthew Fox
2 mins read
'Rich Dad Poor Dad' author Robert Kiyosaki warns raging US inflation could spark a historic depression - and sounds the alarm on layoffs, home sales, and foreclosures
The personal-finance guru views surging prices, workforce cuts, and a downturn in the real estate m…
Theron Mohamed
2 mins read
Natural gas prices spike 10% as Europe awaits flows from shuttered Nord Stream 1 pipeline to resume amid record heat wave
"A lack of rebound in Russian export flows would require both higher prices and likely higher gover…
Matthew Fox
2 mins read
Lumber prices waver as mortgage rates cool but builder confidence craters to lowest level since start of the pandemic
"Sales have fallen off a cliff. We're selling one-third of what we sold in March and April," a home…
Matthew Fox
2 mins read
A rally in bitcoin and ether push crypto market cap back above $1 trillion as digital assets struggle against bear market
Investor sentiment often follows price, so if the rally in bitcoin and ether can hold, it should lu…
Matthew Fox
2 mins read
Bank of America second-quarter earnings drop 32%, missing expectations as market sell-off takes a toll
BofA's global banking arm saw its profit fall sharply as activity slowed due to the high uncertaint…
Harry Robertson
2 mins read
'Rich Dad Poor Dad' author Robert Kiyosaki said bitcoin has zero value, touted gold and silver over cash, and warned inflation was wiping people out. Here are 10 great quotes from his radio show
Kiyosaki, a personal-finance guru, advised investors to worry less about rising interest rates, and…
Theron Mohamed
2 mins read
Tech giants like Meta and Snap are facing a 'perfect storm' of weak growth prospects that could lead to limited upside for stocks already down more than 50% this year
"We think this cocktail of events is likely to generate the lowest growth rate for the sector in ye…
Matthew Fox
2 mins read
A stock market bottom could be near as short-sellers become hesitant to press bets after making nearly $300 billion in profits this year, S3 Partners says
"Short sellers will be able to weather short-term bear rallies and hold onto their positions withou…
Matthew Fox
2 mins read
Commodity prices will stay 'structurally higher' for decades as declining oil investments fail to keep pace with surging demand, BlackRock warns
"Wind turbine farms and EVs require staggering amounts of iron ore, copper, lithium to match fossil…
Matthew Fox
1 min read
The UK will spend $667,000 to train staffers at the top finance regulator to identify crypto terrorist financing
The FCA needs a third-party specialist for "robust and efficient analysis of cryptoasset blockchain…
Carla Mozée
2 mins read
Investors will have 3 ideal entry points into the stock market over the next few months as bear attack lingers, according to BofA
"Stand your ground means sticking to your underlying investment philosophy, being opportunistic, an…
Matthew Fox
2 mins read
These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970
Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for …
Matthew Fox
2 mins read
The blow-up of Three Arrows Capital has sparked a wave of crypto deleveraging, but that could soon end for 2 big reasons, according to JPMorgan
Venture capital funding has continued at a healthy pace of about $5 billion in both May and June, a…
Matthew Fox
2 mins read
Here are the 5 things that need to go right for the stock market for it to stage a rally in the 2nd half of 2022
"Unless the economy is sliding toward a recession, the stock market is positioned to rally in the s…
Matthew Fox
2 mins read
Why Binance's no-fee promise goes above and beyond Robinhood's, according to the crypto exchange's US CEO
"What most people don't realize is there is effectively a hidden fee in the spread itself," Binance…
Matthew Fox
1 min read
The CEO of a $68 billion investment firm suddenly quit, says he's going to sit on the beach and 'do nothing'
"I just want to go sit at the beach and do nothing. I'm not thinking about anything else," Formica …
Matthew Fox
2 mins read
Warren Buffett will likely acquire Occidental Petroleum once its credit situation improves after already plowing nearly $20 billion into the company, Truist says
Buffett built a massive stake in Occidental Petroleum over the past three years, having first purch…
Matthew Fox
2 mins read
Investors should watch the Nasdaq 100 and Chinese stock markets to know if the Fed will pull off a soft landing for the economy, says Fundstrat's Tom Lee
"These two markets bear watching. After all, a recession would be a massive headwind for QQQ and Ch…