World
The 4 Apple suppliers set to pop on iPhone 16 series launch: BofA
Tech giant Apple is expected to unveil its new iPhone later this year, and Bank of America has identified several stocks set to gain from the smartphone’s evolution. “Following stabilized smartphone demand, we turn positive on Apple supply chain, as we expect material design changes and AI function to drive a more sustainable upcycle in […]
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Biden announces new NATO aid for Ukraine, as his reelection campaign teeters
U.S. President Joe Biden speaks at a NATO event to commemorate the 75th anniversary of the alliance, in Washington, U.S., July 9, 2024. Yves Herman | Reuters President Joe Biden announced new commitments to help Ukraine bolster its air defense against Russia in a speech Tuesday commemorating NATO’s 75th anniversary. “Putin wants nothing less — nothing […]
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These software stocks have the ‘best of both worlds,’ offering strong growth with solid balance sheets
As the artificial intelligence craze evolves, driving up growth for chipmakers such as Broadcom and Nvidia , investors should also consider software companies seeing strong fundamentals despite high interest rates. Canaccord Genuity ran a screen of about 147 software companies, and only four had revenue growth of 25% or more forecast for the next 12 […]
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Investors poured $1.6 billion into this riskier corner of the bond market in June, State Street says
Investors stepped up their risk appetite on the bonds side in June, pursuing the prospect of higher yield as Federal Reserve policy remains uncertain, according to data from State Street. Last month, fixed income exchange traded funds saw nearly $25 billion in flows, with investors ramping up exposure to long-term government bonds to the tune […]
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Stocks making the biggest moves midday: Nvidia, Corning, Helen of Troy, UiPath and more
Check out the companies making headlines in midday trading: Nvidia — Shares of the artificial intelligence darling popped 1.8% following KeyBanc’s price target hike to $180, which implies about 40% upside from Monday’s close. The firm said demand for Nvidia’s H100 chip “remains robust” even with the imminent launch of Blackwell in the second half […]
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Greece defends new six-day working week legislation, says it’s an ‘exceptional measure’
The Parthenon temple is seen empty due to heatwave in Athens, Greece on June 12, 2024. Costas Baltas | Anadolu | Getty Images The Greek government has defended its new six-day working week policy, saying it is an “exceptional measure” that would only be applied in “specific circumstances.” Greece introduced in early July new regulation […]
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Fed Chair Powell says holding rates high for too long could jeopardize economic growth
Federal Reserve Chair Jerome Powell speaks during a House Financial Services Committee hearing on the “Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, U.S., March 6, 2024. Bonnie Cash | Reuters Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic […]
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Vacuum cleaner manufacturer Dyson to cut around 1,000 jobs in the UK
A selection of vacuum cleaners sit in the reception area at the Dyson Group campus in Malmesbury, U.K., on Wednesday, Sept. 26, 2018. Bloomberg | Bloomberg | Getty Images Vacuum cleaner manufacturer Dyson is set to cut around 1,000 jobs in the U.K. as part of a review of its business. The company, best known […]
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France’s Macron always wanted more influence in Europe. He’ll now have less
French President Emmanuel Macron on a campaign poster back in 2022. Sebastien Salom-gomis | Afp | Getty Images French President Emmanuel Macron’s failed snap election gamble is likely to take a large toll on his political ambitions and legacy, analysts say — and to weaken the power and influence he has sought to build in […]
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Singapore point out investor Temasek to focus on early adopters of AI in the U.S. cautious on China
A Temasek Holdings signage at their business office in Singapore. Munshi Ahmed | Bloomberg | Getty Photographs Singapore’s Temasek said Tuesday most of its investment decision funds will preserve likely into the U.S. with the state expense business concentrating on the early adopters of AI amongst common industries in the state. Though the U.S. overall […]
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