BofA names 3 stocks with meaningful upside in September
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Bank of America’s equity research desk has singled out a handful of stocks it expects to outperform as markets move into September. The picks skip any single macro narrative, spanning…
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OpenAI says its ads business has hit $1B run-rate
OpenAI has announced that its digital advertising unit has reached a $1 billion annualized revenue run rate. Built in barely 200 days, the unit was highlighted by executives as concrete…
Hang Seng Index: Top 3 reasons Hong Kong stocks are falling today
The Hang Seng Index retreated slightly on Monday as geopolitical tensions between the US and Iran rose and after a report showed that China’s economy was struggling. It dropped to…
Kospi Index at a crossroads as Samsung, SK Hynix leverage bets reverse
The Kospi Index has come under intense pressure in the past few months as top constituents like Samsung Electronics and SK Hynix lost momentum and as wary South Koreans pare…
Crude oil prices retreat: Brent, WTI slip even as rebound risks persist
Crude oil prices held in a tight range this week as investors focused on the stalemate between the US and Iran. Brent, the global benchmark, ended the week at $88.28…
Dow holds weekly gain as Warsh inflation warning lifts rate hike bets
The US stock market ended lower on Friday as investors assessed Federal Reserve Chair Kevin Warsh’s warning that recent inflation data had not shown enough improvement to alter the underlying…
Nasdaq closes 411 points higher as Nvidia rally boosts tech stocks
US stocks ended higher on Thursday, with the Nasdaq Composite outperforming the broader market as Nvidia’s strong revenue outlook boosted technology and semiconductor shares. Investors also looked ahead to Federal…
Why XRP traders are watching $1.47 as Evernorth and ETF demand build pressure
XRP has gained 1.1% over the past 24 hours to trade near $1.42 on Aug. 28, as progress towards Evernorth’s planned Nasdaq listing and continued spot ETF inflows have supported…
Panda Express CEOs say their ‘mission’ is to help employees realize the American dream of homeownership
Panda Express is famous for its orange chicken. But the founders of the iconic fast-casual Asian chain also want to be known for something else: helping their workers realize the…
Bitcoin holds at $78,000 as ETF inflows support recovery
Bitcoin (BTC) price is trading in negative territory on Wednesday, holding around $78,000 and struggling to extend its recovery beyond the $80,000 level. The cryptocurrency’s recent strength has been supported…