Tag: Markets
Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep…
AMC completes $250 million stock sale during meme rally, shares jump 90%
Victor J. Blue | Getty Images News | Getty ImagesAMC Entertainment raised about $250 million of new equity…
Nirmala Sitharaman raises alarm on retail frenzy in F&O trading
Finance Minister Nirmala Sitharaman on Tuesday red flagged the growing retail participation in the derivatives market. “Any unchecked…
Stocks are little changed after latest U.S. inflation data: Live updates
Traders on the floor of the New York Stock Exchange.Ted Shaffrey | APStocks were little changed Tuesday as…
Meme stocks are having a moment, but the broader market is rallying as well
Meme stocks are having a moment, but the broader market is rallying as well. While GameStop's 74% rally…
Sony reports 7% drop in annual profit as PlayStation 5 sales miss trimmed target
Sony said sales of its flagship PlayStation 5 console totalled 20.8 million in the fiscal year 2023 slightly…
Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
From left to right, Accel general partners Harry Nelis, Sonali de Rycker, Andrei Brasoveanu, Luca Bocchio, and Philippe…
Stock futures are slightly up after Dow's best week of the year, investors look toward inflation data: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading…
SoftBank Vision Fund posts first annual gain in 3 years, up $4.6 billion
SoftBank's Vision Fund, the brainchild of the company's founder Masayoshi Son, has faced a number of headwinds including…
Sweetgreen shares soar 34% after company beats revenue expectations
People dine outside a Sweetgreen in Manhattan.Jeenah Moon | The Washington Post | Getty ImagesSweetgreen shares surged nearly…
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86
Jim Simons attends IAS Einstein Gala honoring Jim Simons at Pier 60 at Chelsea Piers in New York…
Traders reassess Bank of England rate cuts as UK grows at fastest rate in nearly 3 years
Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank…