Berkshire Hathaway, led by Warren Buffett, has continued selling Bank of America shares, shedding over $3.8 billion since mid-July. Berkshire sold 19.2 million Bank of America…
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Wall Street indexes slumped Thursday; megacap tech, chip stocks, and small-caps faced heavy selling amid renewed U.S. economic slowdown fears. Fresh data revealed an eight-month low…
A dramatic yen rally is harnessing market momentum, prompting investors to quickly adjust as trend-followers reverse course. The yen has risen 8% against the dollar in…
Major European equity markets fell Thursday after corporate earnings reports, while upcoming U.S. policy easing boosted global bonds. The Federal Reserve kept rates steady but hinted…
HSBC Holdings pledged a $3 billion share buyback to boost its stock, following stable first-half profits and improved real estate losses. Europe’s largest bank aims for…
Disappointing Microsoft results wiped $340 billion in value from AI competitors, while Nvidia rallied after AMD’s results. Chipmaker gains and customer losses highlight an AI landscape…
Nasdaq fell 1% Tuesday; chip and megacap shares dropped pre-Big Tech earnings; financial stocks kept Dow steady pre-Fed decision. Microsoft, a leading AI frontrunner, will release…
FIMA 2024 is the world’s leading data and analytics event for investment banks and asset managers. Connect with data and analytics leaders from T1 banks, for…
European shares dropped on Friday amid economic uncertainties and a global outage affecting airlines, banks, and financial services. This turbulent market week saw a tech sell-off…
Asian equities fell Thursday, driven by chip stocks, as U.S.-China trade tensions rose. Meanwhile, the yen remained firm. The U.S. dollar hovered near a four-month low,…