Penn stock crashes by over 5.50% after casino operator ends ESPN partnership. Here is what PENN customers need to knowPENN said it would retain the customer information for the nearly 3 million people who signed up for ESPN BET, including 300,000 new users ...
06 Nov, 2025, 08.49 PM IST
Freak sell-off of 'safe haven' US bonds raises fear that confidence in America is fadingInvestors are selling U.S. government bonds, sparking concerns about America's stability as a safe haven. Rising Treasury yields could lead...
12 Apr, 2025, 01.34 PM IST
Rise in US jobs may lead to reversal of trades hinging on Fed lowering ratesThe Fed delivered a jumbo-sized 50 basis-point cut last month, temporarily vindicating that view. But the trajectory of rates is less certa...
08 Oct, 2024, 05.42 AM IST
Jobs-day shocker vindicates great risk rally of 2024The US economy's surprising resilience challenges recession fears, as a report showed the biggest job gains in six months. This sparked mar...
05 Oct, 2024, 10.43 AM IST
Bearish trades crater fast in Wall Street’s high-momentum rallyTraders are betting against the tech-heavy Nasdaq 100 index, investing heavily in bearish exchange-traded funds (ETFs). However, their bets...
25 May, 2024, 10.11 AM IST
Wall Street closes lower as investors wait for inflation data"The markets today are just kind of waffling around. And the reason for that is tomorrow is going to be the CPI report for July being relea...
10 Aug, 2023, 07.44 AM IST
Wall Street falls ahead of CPI inflation dataRate-sensitive megacap growth and technology stocks, that have led the Wall Street rally this year, such as Nvidia , Apple and Tesla were d...
09 Aug, 2023, 10.08 PM IST
S&P 500, Nasdaq fall as inflation worries resurface; Tesla slidesOil prices soared nearly 6% on Monday after Saudi Arabia and other OPEC+ oil producers announced further output cuts of around 1.16 million...
03 Apr, 2023, 10.06 PM IST
US banking crisis tests traders' nerves, and rewards those doing nothingClosing your ears to cacophony is standard investment advice that is often borne out. "Panicking never pays," says April LaRusse, head of i...
25 Mar, 2023, 11.25 PM IST
Bank chaos tests traders’ nerves and rewards those doing nothingThe S&P 500 just capped its second straight up week, and while Treasuries have dealt body blows to short sellers, holding on through the wo...
25 Mar, 2023, 09.37 AM IST
Credit Suisse erupts into full-blown crisis as rivals back awayAt least one bank, BNP Paribas SA, went a step further and informed clients it will no longer accept requests to take over their derivative...
16 Mar, 2023, 06.42 AM IST
Stocks in the news: TCS, Wipro, NMDC, Apollo Hospitals, Zomato and Adani PowerTata Consultancy Services has bagged a deal from Rail Delivery Group to design, develop, implement, and operate the UK's Rail Data Marketpl...
01 Dec, 2022, 01.01 PM IST
Rowdy summer stock bulls catching the scent of an autumn reapingThe pressure to figure it out soon is high after a $7 trillion rally broke out in the middle of the Federal Reserve’s stiffest rate-hiking ...
20 Aug, 2022, 02.13 PM IST
Wall Street advances on earnings optimism, dovish rate rise remarksThe Dow Jones Industrial Average rose 499.51 points, or 1.45%, to 34,911.2, the S&P 500 gained 70.52 points, or 1.61%, to 4,462.21 and the ...
20 Apr, 2022, 07.15 AM IST
Elon Musk’s shy 36-year-old finance chief, Zachary Kirkhorn, behind Tesla's remarkable turnaroundKirkhorn, 36, remains a bit of a mystery to the average investor, but he has made his mark. He has shored up Tesla’s balance sheet with a s...
27 Jan, 2021, 04.21 PM IST
Fed loses its patience and almost everything you can trade goes nutsBanished of late has been the soul searching that had afflicted investors for more than a year.
22 Jun, 2019, 11.17 AM IST
Interested in buying a Sachin Tendulkar watch? Make a bid and winSaffronart is all set to auction spring-themed online auction of fine jewels & watches from 19-20 April.
16 Apr, 2016, 04.59 PM IST