On Tuesday, CNBC’s Jim Cramer informed investors to look out for the losers since there are many of them. The best place for your funds, […]
Author: albert
The dollar weakens as a deal to raise the US debt ceiling increases risk appetite.
The U.S. dollar slipped on Tuesday against a majority of major currencies but did not stray away from a two-month peak after an agreement over […]
McCarthy claims that the debt ceiling agreement will be “transformational” for Americans.
On Sunday, House Speaker Kevin McCarthy told the tentative deal House Republicans have met with the White House to raise the nation’s debt ceiling will […]
Sources say a slimmed-down US debt-ceiling agreement is taking shape.
According to an individual familiar with the discussions, U.S. President Joe Biden and top Republican lawmaker Kevin McCarthy are close to reaching an agreement on […]
Snowflake shares fell 12% on guidance fails and purchase of search startup Neeva
Snowflake shares fell more than 12% in extended trading on Wednesday after the firm offered a dismal outlook in its quarterly report and announced an […]
Despite concerns about the debt ceiling, US money market fund assets reached record highs.
U.S. money market fund assets reached an all-time high of $5.8 trillion this week as yield-seeking investors continued to shift to short-term debt securities, a […]
Jim Cramer claims that there is an “emerging bull market” for medical device companies.
CNBC’s Jim Cramer praised the developing medical equipment bull market on Monday, citing favorable earnings results from linked firms across the board. Cramer told, “It’s […]
The head of the WTO advocates for re-globalized supply chains to reduce bottleneck risks.
The Director-General of the World Trade Organization, Ngozi Okonjo-Iweala, has recommended diversity in global supply chains as part of continuing attempts to restructure the organization. […]
According to Bentley CEO, the trend toward customization among the wealthy is increasing profit.
According to CEO Adrian Hallmark,after a record-breaking year last year, Bentley Motors reported skyrocketing profits in the first quarter due in huge part to car […]
Goldman Sachs: AI could increase S&P 500 profits by 30% over the next decade.
Goldman Sachs is optimistic about artificial intelligence and is hopeful that the technology could help drive S&P 500 gains in the next decade. “Over the […]