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US stock market | Wall Street’s new trade is dumping any stock in AI’s crosshairsWall Street is experiencing a sell-off in companies perceived to be at risk from AI advancements. Recent product launches, like Altruist's ...
Gold-to-silver ratio hits new low today: Why silver is outperforming gold despite biggest drop in yearsGold silver prices: Silver's dramatic surge has pushed the gold-to-silver ratio to multi-year lows, significantly outperforming gold. This ...
Warner Bros rejects revised Paramount bid, sticks with NetflixWarner Bros Discovery's board has rejected Paramount Skydance's latest acquisition offer. The board stated the bid involves excessive debt,...
Investors say Elon Musk's SpaceX trading debut will be 'craziest IPO' everSpaceX is looking to raise more than $25 billion in an initial public offering that could come as early as June. Investors welcomed reports...
JPMorgan lifts interest income forecast after profit beats estimatesJPMorgan Chase has surpassed profit expectations for the third quarter. The bank has also increased its full-year net interest income forec...
Intel slumps as potential foundry exit deepens investor gloomLip-Bu Tan said on Thursday he would further shrink Intel's workforce, halt work on two plants in Europe and slow another in Ohio, binning ...
Intel to sell majority stake in Altera for $4.46 billion to fund revival effortIntel will sell a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This move, under new CEO Lip-Bu Tan,...
Pfizer shares sink after it resets 2024 Covid expectationsRevenue from Pfizer's COVID-19 vaccine and treatment, which peaked at $57 billion in 2022, are now expected to be $8 billion in 2024, a fur...
Credit Suisse scrambles to finalise revamp as deadline loomsAnalysts have said the company might need as much as 9 billion Swiss francs ($9 billion) as part of a reorganization, some of which may hav...
What to do in a euphoric market? 10 tips from Wall Street’s 'Super Mario'There is no substitute for experience in investing. Plus, while patience is key, one needs to be aggressive when the time is right in order...
Treasury rally leaves investors scrambling for yield playsEarlier this year, few expected that Treasury yields would sink closer to historic lows by summer despite a resurgence of U.S. growth after...
Wall St Week Ahead: Investors eye Washington talks after big infra stock rallyExpectations of spending from Washington on bridges, roads, and tunnels bolstered so-called value stocks, especially the industrials and ma...
Wall St Week Ahead: Investors await BlackRock earnings after blistering Q2 market rallyThe S&P 500 rose 20% in the second quarter after falling as much in the first three months of 2020 as the coronavirus pandemic slammed the ...
Gold’s been on a tear this year and 2020 may see more rewardBullion is heading for the biggest annual advance since 2010.
There are plenty of companies in India that Warren Buffett could focus on: Mario Gabelli, Gamco Asset Management“The volatility in the market is the “old normal.” In other words, we always had that.”
Yahoo without its Alibaba stake may lure buyersMarissa Mayer is expected to give an update next week about whether Yahoo will sell its Alibaba shares and how it will avoid paying taxes o...
Yahoo investors could reap $11 billion in breakupYahoo, now worth less than those Asian stakes, has put $1.3 billion toward takeovers since 2012, around the same time Mayer took the helm.
Orient Express Hotels board may reject bid by Indian HotelsMost analysts feel that the board may hold out for a better offer than the $12.63 per share offered by Indian Hotels, a Tata Group company.
- Alibaba Group Holding Ltd keen on buying Yahoo
Alibaba Group Holding Ltd Chairman Jack Ma said he's "very interested" in buying Yahoo! Inc., the US Web portal.
- Cablevision to meet top shareholders
Cablevision Systems Corp's top executives and its biggest shareholders are expected to meet next week as part of a campaign to patch up rel...