Market News
Alibaba rises 3% in premarket after profit beat, despite miss on sales
CNBC - 15 Nov 2024 16:02
The results come at a tricky time for Chinese commerce businesses, given the broad sluggishness in the world's second-largest economy.
Gold Edges Higher; Upcoming Data to Determine Sentiment
Wall Street Journal - 15 Nov 2024 02:57
Gold edged higher in early Asian trade, with spot gold up 0.1% at $2566.66/oz.
Gold Prices Set For Worst Week Since 2021 in Aftermath of Trump's Victory
Wall Street Journal - 15 Nov 2024 19:33
Gold prices are on track for their worst weekly decline in more than three years, pressured down by profit-taking, a stronger U.S. dollar and waning interest rate cut hopes following Donald Trump's victory in the U.S. el...
Is Anyone Crazy Enough to Audit Super Micro Computer?
Wall Street Journal - 15 Nov 2024 13:00
After Ernst & Young walked away, all eyes should be on its previous auditor. The risks include Nasdaq delisting.
The $55 Billion Customer Exodus Rocking Franklin Templeton
Wall Street Journal - 15 Nov 2024 12:30
The Justice Department and other federal agencies are investigating trades by Wamco's star fund manager.
America's Homes Are Piggy Banks That Few People Can Afford to Raid
Wall Street Journal - 15 Nov 2024 12:30
Only a minority of mainly older homeowners are in a position to take advantage of the historic run-up in house prices.
Europe's Gas Prices Surge on Stronger Demand, Supply Concerns
Wall Street Journal - 15 Nov 2024 11:21
European natural-gas prices continued to hover around their highest level this year on stronger demand and concerns over Russian flow disruptions.
As market indices continue to slide, should mutual fund investors halt their SIPs for the time being?
livemint.com - 15 Nov 2024 10:59
Mutual Funds: The core idea behind SIP investing is to leverage the rupee cost averaging which means acquiring the stocks at different valuations across market cycles in order to maximise the gains over a long period of ...
Dollar Eases as Trump Trade Fades
Wall Street Journal - 15 Nov 2024 10:50
The dollar eased as the Trump trade might have run its course for now, MUFG said, adding that Powell's remarks that there was no hurry to cut rates also had limited upward momentum for the dollar, pointing to a potential...
Bonds Seen Poised to Generate Healthy Returns in 2025
Wall Street Journal - 15 Nov 2024 09:46
Fixed-income investors are entering 2025 with a strong foundation, Columbia Threadneedle Investments said, adding that bonds are well-positioned to generate healthy returns, with yields at attractive levels and the Fed i...
EMIs to go up? SBI raises lending rates by 5 basis points for THESE tenures. Check details
livemint.com - 15 Nov 2024 08:56
Lending rates: State Bank of India has raised the marginal cost of funds based lending rates for three tenures by upto 5 basis points
Rejected for a personal loan or credit card? 5 reasons your application might fail
livemint.com - 15 Nov 2024 07:47
Having a good credit score is important for credit card and personal loan applications, but banks also evaluate residency, income eligibility, age, job stability, and KYC documents. Fulfilling these criteria can signific...
Is Trump Really So Great for Bitcoin?
Wall Street Journal - 15 Nov 2024 06:00
Crypto bros expect the industry to benefit under the new administration, but it isn't clear that also means bitcoin itself will benefit.
Oil Falls Amid Demand Worries
Wall Street Journal - 15 Nov 2024 03:35
Oil fell in Asian trading amid a softer outlook after the International Energy Agency slightly trimmed next year's oil-demand growth estimates.
Nikkei Rises 0.9%, Led by Auto, Financial Stocks
Wall Street Journal - 15 Nov 2024 02:16
Japanese stocks were higher, led by gains in auto and financial stocks, as a weaker yen raises hopes for domestic earnings growth.
Warren Buffett's Berkshire Hathaway Takes a Small Stake in Domino's Pizza
Wall Street Journal - 15 Nov 2024 00:08
The Omaha, Neb., company also disclosed a new position in Pool Corp. and cut its stake in Capital One.