Today: September 21, 2024
Today: September 21, 2024

Finance

Business|Finance|Stock Markets|Technology

Wall Street ends down; investors brace for Nvidia report

U.S. stocks fell on Wednesday ahead of a quarterly report from Nvidia, Wall Street's centerpiece event of the week that could shatter or add fresh

Wall Street ends down; investors brace for Nvidia report
Business|Economy|Election|Finance|News

US companies return to currency options to hedge election, macro risks

U.S. corporations are turning to foreign exchange options again to protect their cash flow as they fear the U.S. presidential election and diverging central bank

US companies return to currency options to hedge election, macro risks
Business|Finance|Technology

AI's race for US energy butts up against bitcoin mining

By Laila Kearney and Mrinalika Roy U.S. technology companies are pursuing energy assets held by bitcoin miners as they race to secure a shrinking supply of electricity for their rapidly expanding

AI's race for US energy butts up against bitcoin mining
Business|Finance|Stock Markets

As Nvidia awaited, Treasuries absorb new deluge

A look at the day ahead in U.S. and global markets from Mike Dolan Nvidia's post-bell earnings update on Wednesday is keeping stock markets everywhere in a holding pattern, while U.S.

As Nvidia awaited, Treasuries absorb new deluge
Business|Finance

TD's plan to pay money laundering fines clears path for new CEO

Canada's second-largest lender TD Bank's efforts to resolve gaps in its anti-money laundering (AML) controls by the end of the year will likely

TD's plan to pay money laundering fines clears path for new CEO
Asia|Business|Finance

Betting on Chinese demand, Hong Kong developers turn to rental market

Some Hong Kong developers are now turning to housing rental and the leasing market to weather a prolonged downturn in its property market and to serve surging rental

Betting on Chinese demand, Hong Kong developers turn to rental market
Europe|Finance|Stock Markets|Technology

Insurance, chemical stocks keep STOXX 600 at over one-month high

The benchmark European stock index rose to its highest since July on Wednesday, boosted by insurance and chemical stocks ahead of closely-

Insurance, chemical stocks keep STOXX 600 at over one-month high
Africa|Business|Finance

Namibian asset demand soars ahead of election and amid oil discoveries

The discovery of increased reserves of crude oil in Namibia has sparked interest in Namibian assets, with an index fund tracking local government bonds poised for its

Namibian asset demand soars ahead of election and amid oil discoveries
Business|Economy|Finance

UK's finance watchdog launches probe into pure protection insurance sector

Britain's Financial Conduct Authority said on Wednesday it would launch a market study into so-called pure protection insurance product sales, amid fears that the

UK's finance watchdog launches probe into pure protection insurance sector
Business|Finance

Scandinavian airline SAS hails 'new era' as exits US bankruptcy process

SAS said on Wednesday it has exited U.S.

Scandinavian airline SAS hails 'new era' as exits US bankruptcy process
Business|Europe|Finance|Stock Markets|Technology

Market held in thrall ahead of Nvidia numbers

A look at the day ahead in European and global markets from Tom Westbrook Nvidia is holding the investment world in thrall ahead of an earnings report later today that, even if it delivers the

Market held in thrall ahead of Nvidia numbers
Business|Finance|Stock Markets|Technology

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surges

Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than impressed

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surges
Business|Economy|Finance

Gold falls on firmer dollar as US data takes spotlight

Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world's largest economy for clues on the

Gold falls on firmer dollar as US data takes spotlight
Business|Economy|Finance

BOJ's Himino reiterates readiness to raise rates if economy on track

Bank of Japan Deputy Governor Ryozo Himino on Wednesday reiterated the central bank's stance that it would continue to raise interest rates

BOJ's Himino reiterates readiness to raise rates if economy on track
Asia|Business|Finance|Stock Markets|Technology

Stock market today: Losses for Big Tech companies lead Wall Street lower

Losses for several big technology companies pulled the stock market lower

Stock market today: Losses for Big Tech companies lead Wall Street lower
Business|Finance|Stock Markets|Technology

Stocks fall, Nvidia down 3% after the bell despite strong earnings

Global equity markets eased while the U.S. dollar rebounded on Wednesday, and then chipmaker Nvidia's better-than-expected results failed

Stocks fall, Nvidia down 3% after the bell despite strong earnings
Business|Economy|Finance|Stock Markets

Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses

Oil prices settled 1% lower on Wednesday after a smaller-than-expected draw in U.S. crude stockpiles and as concerns over Chinese demand persisted, though losses were capped

Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses
Business|Finance|Stock Markets

Australia's Woolworths rises after special dividend, profit in line with forecast

Shares of Woolworths climbed on Wednesday after the Australian grocer declared a special dividend and also said its full-year profit dropped in line with analysts'

Australia's Woolworths rises after special dividend, profit in line with forecast
Economy|Finance|News

Australia inflation eases in July, but progress still slow

Australian inflation slowed to a four-month low in July as government rebates on electricity bills kicked in, but progress on tempering price gains

Australia inflation eases in July, but progress still slow
Finance

US dollar advances on month-end demand; focus on economic data

The U.S. dollar gained on Wednesday due to month-end buying and technical factors after recent declines that pushed it to its weakest in more than a

US dollar advances on month-end demand; focus on economic data
Americas|Economy|Finance

Brazil finance chief says he suggested new cenbank head be picked by September

Brazil's Finance Minister Fernando Haddad said on Tuesday that he suggested to the country's president that the nomination of the next central bank head should be revealed between

Brazil finance chief says he suggested new cenbank head be picked by September
Asia|Business|Finance

Looking local as US macro, Nvidia shadows linger

A look at the day ahead in Asian markets.

Looking local as US macro, Nvidia shadows linger
Business|Finance

Walmart unveils new marketplace seller services for holiday boost

Walmart said on Tuesday it would provide marketplace sellers its services to handle transportation of their goods from Asia directly to its U.S. warehouses, as well as fulfill

Walmart unveils new marketplace seller services for holiday boost
Business|Economy|Finance

Nordstrom Q2 results get boost from sales event, turnaround efforts

Nordstrom posted a second-quarter profit that topped estimates on Tuesday, with sales propped up by its crucial Anniversary Sale event, sending its shares up nearly 7%

Nordstrom Q2 results get boost from sales event, turnaround efforts
Business|Economy|Finance|Stock Markets

CFTC fines TotalEnergies Trading $48 million for attempted market manipulation

The U.S. commodity markets regulator on Tuesday ordered the Swiss energy trader TOTSA TotalEnergies Trading SA to pay a $48 million fine, alleging that the company had attempted to

CFTC fines TotalEnergies Trading $48 million for attempted market manipulation

Follow