Minneapolis Federal Reserve Bank President Neel Kashkari has suggested that stronger economic data could mean the Fed may only need to cut rates once or twice in 2022.
BofA Global Research has lifted its year-end target for the S&P 500 index .SPX to 5,400, from 5,000 earlier, representing an upside of about 5% from current levels.
Japanese stocks continue to soar to new peaks after last month shattering the life-time high set during the halcyon days of the bubble economy over three decades ago, spurred by corporate governance reform and cheap valuations.
Warren Buffet released his annual letter to shareholders of his company Berkshire Hathaway, along with company's earnings for the December 2023 quarter.
Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve them well over the long term, even as he mourned the recent passing of his longtime second-in-command Charlie Munger.
Warren Buffett's annual letter to Berkshire Hathaway shareholders paid tribute to his longtime business partner and friend Charlie Munger, who died in November.
Japanese stocks raced to a record peak on Thursday, breaking levels last seen in 1989 during the halcyon days of the bubble economy, as cheap valuations and corporate reforms lure foreign money looking for alternatives to battered Chinese markets.
Japan's Nikkei share average on Thursday surged past an all-time closing high scaled in December 1989, as chip-related stocks jumped after U.S. chipmaker Nvidia's outlook beat market expectations.
Pakistan's stock market on Wednesday reacted positively to the announcement of a deal between two major political parties-- the PML-N and the PPP--to form a coalition government after the general election resulted in a hung Parliament
About $30 billion worth of Nvidia shares changed hands daily on average over the past 30 sessions, pulling ahead of Elon Musk's electric car maker, which averaged $22 billion per day over the same period.
The Magnificent Seven is a moniker for today’s leading tech giants: Microsoft Corp. Apple Inc, Alphabet Inc, Amazon.com, Meta Platforms, NVIDIA Corp, and Tesla.
This flurry of activity comes ahead of the addition of the nation’s sovereign bond market to JPMorgan Chase & Co’s global debt indexes from June, a move that may lure up to $40 billion of inflows.
The typo, which actually appeared in multiple company documents on Tuesday, helped drive a 67% surge in Lyft’s shares in after-hours trading. The mistake was a serious one, Risher said.
The gap in weightage between Indian and Chinese equities on the MSCI index has been narrowing with many global biggies picking shares on Dalal Street over those in Shanghai.
Nvidia has been a top beneficiary of technology companies' race to build AI into their products and services, with its graphics processors in short supply as Meta Platforms and other Big Tech companies buy billions of dollars worth of its components.
The sales, revealed in regulatory filings, took place over just four trading days. The world’s second-richest person previously hadn’t sold stock since 2021.
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