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Financial News Around the World

Category: Finance News

Key Fed inflation gauge at 2.2% in August, lower than expected

The personal consumption expenditures price index was expected to increase 0.1% in August and 2.3% from a year ago.

Published 27 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Bristol-Myers Squibb, Costco, Super Micro Computer and more

These are the stocks posting the largest moves in premarket trading.

Published 27 September 2024
Categorised as Finance News

China optimism is surging. Why some investors are cautious

China’s latest policy signals have a bigger impact on sentiment than resolving deeper issues such as real estate, analysts said.

Published 27 September 2024
Categorised as Finance News

OpenAI CFO tells investors funding round should close by next week despite executive departures

OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after losing top talent this week.

Published 27 September 2024
Categorised as Finance News

Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more

These are the stocks posting the largest moves in midday trading.

Published 26 September 2024
Categorised as Finance News

Wealthy investors support Harris over Trump, new survey says

According to a UBS survey of investors with at least $1 million of investible assets, 57% plan to vote for Harris and 43% plan to vote for Trump.

Published 26 September 2024
Categorised as Finance News

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

Appaloosa Management’s David Tepper said the macro setup for U.S. stocks makes him nervous as the Fed eases policy in a good economy like it did in the 1990s.

Published 26 September 2024
Categorised as Finance News

David Tepper’s big bet after the Fed rate cut was to buy ‘everything’ related to China

The billionaire founder of Appaloosa Management said he may have doubled his limit on China equities with this move.

Published 26 September 2024
Categorised as Finance News

Stocks making the biggest moves premarket: Micron Technology, Starbucks, CarMax and more

These are the stocks posting the largest moves in premarket trading.

Published 26 September 2024
Categorised as Finance News

Google backs a startup that aims to bring mixed reality to any car windshield or plane cockpit

Distance Technologies, a Helsinki-based mixed-reality startup, raised 10 million euros of funding in a round led by GV, the venture capital arm of Alphabet.

Published 26 September 2024
Categorised as Finance News

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