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Financial News Around the World

Strategists say red hot stock market rally is due for a breather

Market watchers are beginning to recommend that investors position themselves defensively in preparation for a slow-growth earnings environment next year.

Published 20 December 2023
Categorised as Finance News

UK inflation rate drops more than expected to 3.9% in November

U.K. inflation fell far more than expected in November to 3.9%, its lowest annual reading since September 2021.

Published 20 December 2023
Categorised as Finance News

Tesla cut EV prices in China more than BYD did for its flagship Han sedan this year, study finds

Tesla cut prices for its electric cars in China by more than BYD did for its flagship Han sedan, according to analysis from U.S.-based firm JL Warren Capital.

Published 20 December 2023
Categorised as Finance News

Alibaba CEO Eddie Wu to lead e-commerce business in latest reshuffle

Alibaba Group CEO Eddie Wu is taking over the top role at the company’s Taobao and Tmall e-commerce business, replacing Trudy Dai.

Published 20 December 2023
Categorised as Finance News

Stocks making the biggest moves midday: Affirm, Chewy, Kenvue, Enphase Energy and more

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

Published 19 December 2023
Categorised as Finance News

Wall Street sees these beaten-down stocks making a comeback in 2024

CNBC Pro looked for quality stocks with low debt that the Street thinks could see a turnaround in the new year.

Published 19 December 2023
Categorised as Finance News

Inflation gives millions new access to investments for the wealthy, says SEC

The number of “accredited” investors who can buy private securities rose by 8 million from 2019 to 2022, the SEC said.

Published 19 December 2023
Categorised as Finance News

Stocks making the biggest moves premarket: Amgen, Sunnova, Arvinas and more

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

Published 19 December 2023
Categorised as Finance News

Middle-class Americans want to know more about how the wealthy make money. Here’s the answer

Building wealth is a top priority for “hardworking” Americans, according to a new survey from Stash. Here’s what to know about how top earners make money.

Published 19 December 2023
Categorised as Finance News

GPT and other AI models can’t analyze an SEC filing, researchers find

The findings from Patronus AI highlight some of the challenges of using AI models within big companies in regulated industries like finance.

Published 19 December 2023
Categorised as Finance News

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