China’s stock surge has echoes of the 2015 bubble. What’s different this time

China’s stock surge has echoes of the 2015 bubble. What’s different this time


Key Points
  • Over six months from 2014 to 2015, the Chinese stock market doubled in value, while leverage climbed, Aaron Costello, regional head for Asia at Cambridge Associates, pointed out Monday.
  • This time around, the market hasn’t run up as much, while leverage is lower, he said. “We’re not in the danger zone yet.”
  • What’s less clear is whether economic growth will pick up enough to support a sustainable market rally.



Source

Capital One and Discover merger approved by Federal Reserve
Finance

Capital One and Discover merger approved by Federal Reserve

Key Points Capital One Financial’s application to acquire Discover Financial Services has officially been approved by the Federal Reserve and the Office of the Comptroller of the Currency. Capital One announced plans to acquire Discover in an all-stock transaction valued at $35.3 billion in February 2024. It will also indirectly acquire Discover Bank through the transaction. Source

Read More
Stocks making the biggest moves midday: Eli Lilly, Alphabet, Hertz, UnitedHealth and more
Finance

Stocks making the biggest moves midday: Eli Lilly, Alphabet, Hertz, UnitedHealth and more

Check out the companies making headlines in midday trading: Alphabet — Shares of the megacap technology name pulled back 1.2% after a federal judge ruled that Google has illegally monopolized online advertising technology , namely the markets for publisher ad servers and ad exchanges. Hertz — The rental car company surged 50% to a 52-week […]

Read More
Should investors dump U.S. stocks for international equities? Here’s what experts are saying
Finance

Should investors dump U.S. stocks for international equities? Here’s what experts are saying

Key Points U.S. stocks had been outperforming the world for years heading into 2025. Now, some investors are changing their investment strategy to boost their international exposure. Although global diversification may be a good move as U.S. markets come under pressure, CNBC Financial Advisor Council members caution against chasing returns. Source

Read More