Stock Market
Tech Stocks Drive Market Gains
After a year marked by significant losses, the stock market has staged an impressive comeback in 2023. Both the S&P 500 and NASDAQ indices are...
Investors Reaction: Stocks Slide on Fed’s Extended Interest Rates.
Following the Federal Reserve’s announcement on Wednesday, stocks plummeted due to the indication of prolonged elevated interest rates. Over a span of two days, the...
Vietnam’s VNG Hits Pause on US IPO Amidst Market Flux
VNG Ltd., a prominent internet startup based in Vietnam, has opted to defer its plans for a US initial public offering (IPO), as disclosed by...
Banks Face Headwinds as Federal Reserve Keeps Rates High
In a decisive move this week, the Federal Reserve conveyed its intention to maintain higher interest rates for an extended period, delivering unwelcome news to...
Ford Progresses, UAW Escalates Strikes at GM and Stellantis
The United Auto Workers (UAW) union has extended its “stand up” strikes to General Motors (GM) and Stellantis, affecting plants and distribution facilities in 20...
Activision Blizzard Acquisition Progresses for Microsoft
Microsoft (MSFT) is on the brink of surmounting its last obstacle in the United Kingdom, as it strives to secure its acquisition of the renowned...
Wall Street Stocks Rebound Post Federal Reserve Update
Wall Street stocks made a modest recovery on Friday after experiencing significant declines the previous day, triggered by the Federal Reserve’s announcement signaling a prolonged...
Tech Stocks Hit in Wall Street Decline After Fed Announcement
Wall Street experienced a decline Thursday as the Federal Reserve opted to maintain current interest rates, sending a hawkish signal to investors, hinting at a...
Broadcom Shares Slide as Google Mulls Supplier Change
Shares of Broadcom plummeted by 6% on Thursday, following a report by The Information, revealing Google executives’ contemplation of severing ties with the semiconductor giant...
Crude Oil Prices: Analysts Eye $100 per Barrel Milestone
Wall Street analysts are issuing a stark warning as crude oil prices surge towards a potential milestone of $100 per barrel. Goldman Sachs, a prominent...