Binky Chadha, Deutsche Bank chief global strategist, set a year-end 2025 target for the S&P 500 of 7000, which would translate into a 17% gain.
Category: Finance News
Stocks making the biggest moves midday: Bath & Body Works, Robinhood, Macy’s and more
These are some of the stocks posting the largest moves in midday trading.
U.S. stock and bond markets love Trump’s pick of Bessent for Treasury — Here’s why
Trump said he will pick the Wall Street figure to take on his administration’s most important economic role.
Warren Buffett speaks out against creating family wealth dynasties, gives away another $1.1 billion
“I’ve never wished to create a dynasty or pursue any plan that extended beyond the children,” Buffett wrote in a lengthy letter Monday.
Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy’s and more
These are the stocks posting the largest moves in premarket trading.
UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.
Can Saudi Arabia keep pace with its ambitious mega-project spending spree?
“Saudi Arabia has poured tens of billions into projects that have yet to hint of any financial returns,” one financier told CNBC.
Fund managers at Fidelity share how they’re playing China’s stimulus plans
‘This round of the policy pivot is quite significant,’ Theresa Zhou, a fund manager at Fidelity International, told CNBC.
Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors
State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays do not offer the stability of gold.
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.