Porsche denies speculation that it’s planning to go public
The German luxury carmaker Porsche has denied speculation that it’s planning to pursue an initial public offering (IPO).
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Netflix price target slashed by Goldman Sachs and Raymond James ahead of earnings Tuesday
Goldman Sachs and Raymond James have slashed their 12-month forecasts for Netflix on concern that rising interest rates will eat away at the valuation of the high-flying internet company, which reports earnings Tuesday after the bell.
UK automation picks up as flow of European workers slows ahead of Brexit
At Muller Precision Engineering’s plant in Redditch, south of Birmingham, James Gibbs is in charge of three clattering pieces of machinery older than he is.
US Treasury yields rise as investors monitor diplomatic tensions with Saudi Arabia
U.S. government debt prices were slightly lower on Monday morning.
The yield on the benchmark 10-year Treasury notes, which moves inversely to price, was higher at around 3.1519 percent, while the yield on the 30-year Treasury bond was also higher at 3.3277 percent.
Bank of America earnings’ jump, topping Wall Street estimates, as consumer credit improves
Bank of America on Monday beat analysts’ estimate for third-quarter profit and revenue as the nation’s second-largest bank set aside less than expected for loan losses.
Post-Brexit trade deals unlikely to help UK economy much – OBR
Britain’s plan to strike trade deals around the world, a key plank of the government’s strategy for life outside the European Union, is unlikely to help the economy much, the country’s official budget forecaster said on Thursday.
Gold rises as falling markets burnish appeal
Gold prices rose on Monday as Asian shares resumed their fall and investors grappled with the impact of the ongoing Sino-U.S. trade war and higher U.S. interest rates.
Oil prices rise on Saudi tensions; demand outlook drags
Oil prices rose on Monday as tension over the disappearance of a prominent Saudi journalist stoked supply worries, although concerns over the long-term demand outlook dragged on sentiment.
JP Morgan and Ford cancel plans for Saudi investor event
JP Morgan & Chase Co (JPM.N) Chief Executive Jamie Dimon and Ford Motor Co (F.N) Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi.
Bear or bull? Five reasons to claw or thunder
A sharp pullback in stocks last week, including the S&P 500’s .SPX biggest single-day drop since a market correction in February, has left investors questioning whether this could signal danger for the longest-ever bull run for U.S. equities.
Federal Reserve Officials Signal Cautious Path for Rate Cuts Amid Still-High Inflation
Federal Agency Raises the Size of Most Single-Family Loans the Government Can Guarantee to $806,500
What Black Friday’s History Tells Us About Holiday Shopping in 2024
Wall Street Hits Records Despite Tariff Talk
Costco Wholesale (NASDAQ:COST) Stock Price Down 0.2% – Here’s Why
Salesforce (NYSE:CRM) Stock Price Down 2.7% – Time to Sell?
SoundHound AI (NASDAQ:SOUN) Stock Price Down 2.7% After Insider Selling
Plug Power (NASDAQ:PLUG) Stock Price Down 4.3% – Here’s What Happened
Taiwan Holds Air Defence Drill Ahead of President’s Pacific Trip
Mexico Suggests It Would Impose Its Own Tariffs to Retaliate Against Any Trump Tariffs