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When Cassidy Jacobson was 13 years old, she posted a video of herself dancing on the popular app TikTok. Little did she know then that six years later her Casssidy_J account would have 1.5 million followers on the short-form video platform with fans drawn to her love of dance and hair care. Jacobson dreams of […]
NEW YORK, March 25 (Reuters) – Investors are settling in for a long slog in the U.S. stock market in coming months, braced for more tumult in the banking sector and worries over how the Federal Reserve’s tightening will ripple through the economy. Banking sector concerns drove sharp moves in financial stocks in the United […]
8 Mins Ago Bond king Gundlach says Treasury yields have yet to bottom DoubleLine Capital CEO Jeffrey Gundlach said Treasury yields have more room to fall amid the unfolding banking crisis. “Looking at the charts, it seems UST yields have not bottomed,” Gundlach said in a tweet Monday morning. The benchmark 10-year Treasury yield fell more than […]
A storm hits the banks getty Four weeks ago, it looked like a new bull stock market . . .
22 Mins Ago Wells Fargo upgrades Warner Bros. Discovery Shares of Warner Bros. Discovery gained 2% after Wells Fargo upgrades shares to overweight, citing increased confidence in its debt reduction efforts. “We’ve stress tested the downside and expect WBD to succeed in deleveraging, and at a modest multiple that’s what should create the equity upside,” […]
British chip designer Arm, owned by Japan’s Softbank, announced earlier this month it was seeking to list in the U.S. this year. Building materials giant CRH, which is headquartered in Ireland, also said it would move its primary listing to the U.S. On top of higher valuations, Caroline Simmons, U.K. chief investment officer at UBS […]
2 Mins Ago Gundlach says yield curve steepening is ‘highly suggestive of imminent recession’ DoubleLine Capital CEO Jeffrey Gundlach said the “aggressively steepening” of the Treasury yield curve after a sustained period of inversion is “highly suggestive of imminent recession.” The gap between the 2-year Treasury yield and the 10-year Treasury rate narrowed 25 basis points on […]
https://tmsnrt.rs/2zpUAr4 U.S. authorities act to stabilise banks Markets speculate on less aggressive Fed hikes Short-term Treasury . . .
Brent, WTI steady after two days of losses China demand hopes offset US recession worries US crude stocks fall larger-than-expected – EIA SINGAPORE, March 9 (Reuters) – Oil prices were in a . . .
In the last year, many Intuit Inc. (NASDAQ:INTU) insiders sold a substantial stake in the company which may have sparked shareholders’ attention. When analyzing insider transactions, it is usually more valuable to know whether insiders are buying versus knowing if they are selling, as the latter sends an ambiguous message. However, when multiple insiders sell […]