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Why market crashed today? Sensex plunges 719 points, Nifty closes below 23,150; 7 factors behind Rs 7 lakh crore sell-offIndian equity markets experienced a significant sell-off on Monday, with the Sensex and Nifty declining around 1% each. This downturn was d...
Chip slump erases $1.3 trillion in stock market valueThe PHLX's combined loss of 12% over two sessions shows investors are becoming more concerned about pricey, high-flying tech stocks just as...
US stocks today: Nasdaq crashes 1,100 pts, Dow 600 pts as chip stocks slide; jobs data fuels rate hike fearsWall Street tumbled as a strong U.S. jobs report dimmed hopes of rate cuts, triggering a sharp selloff in overheated tech and chip stocks. ...
US stocks today: US stocks hits new closing highs on tech strength, Middle East deal hopesWall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifte...
Wall Street Week Ahead: Soaring stocks could face rocky patch as earnings wind down, yields perk upUS stocks face potential headwinds as a strong earnings season concludes. Investors are shifting focus to rising inflation and bond yields,...
Jane Street rakes in record first-quarter trading haul of $16.1 billion, sources sayJane Street achieved a record $16.1 billion in trading revenue for the first quarter, driven by market volatility and gains in AI company s...
Wars, recessions, political crises, market crashes. Warren Buffett’s advice on each of themWarren Buffett made a prediction in the mid-1990s he knew would come true: Berkshire Hathaway's future returns would fall short compared to...
Jane Street's $40 billion trading haul in 2025 tops rivals: ReportJane Street, a leading market maker, achieved a record $39.6 billion in net trading revenue last year, surpassing rivals like Citadel Secur...
Goldman, Wells Fargo kick off dollar-bond sales after earningsGoldman Sachs and Wells Fargo are issuing new high-grade bonds in the US market. Goldman Sachs is offering notes across six tranches with m...
ITC shares in focus after Wells Fargo sells stocks worth Rs 106 croreWells Fargo has sold ITC shares worth Rs 106 crore through an open market transaction, influencing ITC's stock focus. Despite a drop in con...
Wells Fargo sells ITC's shares for Rs 106 croreFinancial services company Wells Fargo has sold ITC's shares worth Rs 106 crore through an open market transaction. San Francisco-headquart...
Wells Fargo sells $2 billion of private equity investmentsLenders have been looking to improve efficiency and scale back less important bets, to better navigate the uncertainty as the Federal Reser...
Warren says Fed must break up 'repeat offender' Wells FargoWarren's letter comes days after Wells was fined $250 million by the Office of the Comptroller of the Currency, which chastised the bank fo...
Warren Buffett sells 31-year-old investment in Wells FargoWarren Buffett, who is Berkshire's chief executive, told CNBC in February 2020 that Wells Fargo had a "dumb" incentive system and was slow ...
Axis Bank ties up with Wells Fargo for US remittancesUnder the arrangement, members of the Indian diaspora with an account with Wells Fargo will be able to transfer money to their relatives ba...
Axis Bank, Wells Fargo tie up for US remittancesBoth banks complete IT integration for fund transfers in real time.
GE to sell $30 bn specialty finance business to Wells FargoGeneral Electric Co said it would sell its commercial lending and leasing businesses, worth more than $30 billion, to Wells Fargo & Co.
Wells Fargo steps up expansion, hiring in IndiaThe US bank is expanding its business process unit in India and is on a hiring spree.
- Wells Fargo raises $7.5 b in share sale
Wells Fargo raised $7.5 billion by selling shares at $22 each. The bank was told to raise an additional $13.7 billion after the US governme...
- Wachovia to press ahead with Wells deal
US bank Wachovia, caught in a fight between Wells Fargo and Citigroup, said it will press ahead with its deal to sell itself to Wells Fargo...