This Costco Bull Thinks the Stock May Split
Costco Wholesale could undergo a stock split in the wake of strong December sales numbers, analysts at Oppenheimer said Thursday.
Read More
How To Earn $500 A Month From Synovus Financial Stock Ahead Of Q4 Earnings
Synovus Financial Corp. (NYSE:SNV) will release its fourth-quarter financial results, after the closing bell, on Wednesday, Jan. 15, 2025. Analysts expect the New York-based company to report quarterly earnings at $1.22 per share, up from 84 cents per share in the year-ago period. Synovus Financial projects quarterly revenue of $19.43 billion, compared to $17.44 billion a year earlier, according to data from Benzinga Pro. On Monday, Barclays upgraded the stock from Equal-Weight to Overweight and
Read More
UK’s Market Woes Shift to Pound With Currency at One-Year Low
(Bloomberg) -- As broad selling took hold in UK markets for a fourth day, focus turned to the pound after it fell to the lowest level in over a year.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Concern that the Labour government will struggle to keep t
Read More
The Job Market Got Even More Stagnant In December
Employers announced fewer hiring plans in December than any month since 2015, as the job market stayed entrenched in a low hiring, low firing, low quitting limbo.
Read More
Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy
(Bloomberg) -- Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?The most-active
Read More
Wall Street just got another sign that dealmaking is on the rebound
Investment banking revenues soared at Jefferies Financial in the fourth quarter, a positive sign for Wall Street as bigger banks prepare to report their results next week.
Read More
Attivo Investments unveils to transform adviser market
New firm led by Stephen Harper partners with SEI to deliver goal-based investment solutions.
Read More
Skyrocketing bond yields deliver a big blow to stocks
Stocks can no longer ignore the effects that President-elect Donald Trump's policy aims are having on the bond market.
Read More
UK markets are in the eye of the global bond storm
British markets are among the biggest victims of a global bond selloff that has spilled over into currencies and stocks this week. Yields on long-dated British government bonds are at their highest in decades - putting government finances under pressure - while sterling is struggling and British domestic stocks are underperforming. Britain's Treasury says it will maintain an "iron grip" on the public finances and Treasury minister Darren Jones told parliament the UK bond markets "continue to function in an orderly way."
Read More
Story Revolutionizes Open Source AI for Creator Monetization
Palo Alto, United States, January 9th, 2025, Chainwire Story harnesses Stability AI open models to connect creators and developers, pushing open-source AI innovation Story, the...
Read More
Nvidia and AI Chip Stocks Brace for Impact as Biden Administration Considers New China Export Ban: Report
Nvidia Corp (NASDAQ:NVDA) and rival semiconductor chip companies could be hit with one more embargo from the Biden administration to China to concentrate artificial intelligence technology development with allies and on Washington’s terms. The Biden government weighed a fresh sanction on the export of AI chips used in data centers on both a country and company basis before passing the baton to the Republican government headed by Donald Trump on January 20, Bloomberg reports. Washington could ena
Read More
Japanese Chipmaker Rapidus Sets Sight on Broadcom to Emulate Taiwan Semiconductor's Market Dominance
Broadcom Inc (NASDAQ:AVGO) could soon avail 2-nm chip samples from Japan’s Rapidus starting in June. The development marks the Japanese chipmaker’s efforts to emulate key contract chipmaker Taiwan Semiconductor Manufacturing Co’s (NYSE:TSM) strategy, which catapulted it into the trillion-dollar market cap, Nikkei Asia reports. Prior reports indicated that International Business Machines Corp (NYSE:IBM) and Rapidus are co-developing IBM’s 2-nm node technology for implementation at Rapidus’ fab in
Read More
UK Minister Says Gilt Markets ‘Orderly’, Debt Demand Strong
(Bloomberg) -- Chancellor of the Exchequer Rachel Reeves’s deputy said the gilt market is functioning as normal and underlying demand for UK debt is strong, as pressure grows on the British government amid a rise in borrowing costs and wider market selloff.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Buildi
Read More
UK Power Prices Climb as Light Winds to Tighten Market on Friday
(Bloomberg) -- UK power prices are increasing as wind generation is forecast to drop on Friday amid freezing temperatures, raising the prospect of another market squeeze.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?UK day-ahead power prices are at £392
Read More
Fruit juice brand Odwalla returns to market
The products will be manufactured by Mexican fruit juice company Grupo Jumex.
Read More