Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year.
Source
Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
International Criminal Court issues arrest warrants for Netanyahu and Hamas officials
The International Criminal Court issued arrest warrants on Thursday for Israeli Prime Minister Benjamin Netanyahu, his former defense minister and Hamas officials, accusing them of war crimes and crimes against humanity over the war in Gaza and the October 2023 attacks that triggered Israel’s offensive in the Palestinian territory. The decision turns Netanyahu and the others into […]
Read MoreNvidia shares slump 3% in premarket as quarterly revenue growth slows
POLAND – 2024/11/13: In this photo illustration, the NVIDIA company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Nvidia shares dropped in U.S. premarket trading Thursday after the tech giant’s third-quarter earnings failed to impress investors. Shares of the […]
Read MoreMorgan Stanley CEO is bullish on stocks, says the U.S. economy is ‘outperforming’
Morgan Stanley CEO Ted Pick on Thursday expressed optimism about the stock market, saying that the U.S. economy will continue to outperform in 2025. “The world is still led by the U.S. consumer,” Pick told CNBC’s “Squawk Box Asia” from the Morgan Stanley summit in Singapore. “Corporate balance sheets in the U.S. are on aggregate, […]
Read More