Siemens’ supervisory board plans to accelerate its tech transition by expanding the management board from five to seven members. Siemens announced Peter Koerte and Veronika Bienert…
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Wall Street indexes rose Wednesday, boosted by megacap stocks and Japan’s dovish policy shift after last week’s surprise rate hike. Most tech stocks gained over 2%,…
The stock market volatility spike benefits asset managers offering “buffer” ETFs, which trade upside potential for downside protection. In three years, assets in these products surged…
Wall Street’s indexes rose over 1% Tuesday as investors sought bargains post-selloff, boosted by dovish Federal Reserve comments. All S&P 500 sub-indexes rose, with the real…
The U.S. dollar hit a 7-month low, sharply falling against the euro and yen, amid economic data signaling a potential downturn. The dollar index fell 0.7%…
Wall Street joined a global stock rout, with Japanese shares surpassing 1987 “Black Monday” losses, amid U.S. recession fears. Nasdaq futures dropped over 4%, and S&P…
Asian stocks hit a two-year low, U.S. yields fell, and the Swiss franc and yen rose after weak U.S. factory data. Japan’s Nikkei faces its worst…
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…
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…