Why Astera Labs Stock Jumped Today
Astera Labs stock rallied today, and Morgan Stanley's analysts think it could climb much higher.
1 Growth Stock Down 94% to Buy Right Now
This online real estate stock is too cheap to ignore.
Why Logitech Stock Slipped by Almost 3% Today
Some investors were surely hoping for a more generous shareholder payout.
Want $1,000 in Dividend Income? Here's How Much You Have to Invest in Nike Stock.
Nike's decent yield won't mean much if the stock continues to lose value.
Gold Continues Fall as Traders Take Stock After Market Slump
(Bloomberg) -- Gold edged lower for a fourth day as investors took stock following a broad sell-off that rattled equity and commodity markets, with the weakness stoked by concerns about economic growth.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatBullion was down 0.3% after posting a similar decline in the previous session as a gauge of the US dollar — a go-to asset at a time of market stress — rose for a fifth
Stocks hammered by renewed growth concerns, Nvidia's selloff
SINGAPORE (Reuters) -Asian shares and global stock futures tumbled on Wednesday, led by a heavy decline in technology names and as worries about the global growth outlook drove investors out of risky assets, while oil prices hit multi-month lows. Stock benchmarks in Tokyo and Taipei led the slump in Asia, each falling more than 3%, while MSCI's broadest index of Asia-Pacific shares outside Japan was last 1.8% lower. "Volatility obviously is picking up," said Jason Teh, chief investment officer at Vertium Asset Management.
M&G Targets More Cost Savings as Markets Offset Client Outflows
(Bloomberg) -- M&G Plc boosted its capital generation and cost savings targets as net outflows in the first half of the year were offset by buoyant markets.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe firm said it was now targeting operating capital generation of £2.7 billion ($3.5 billion) by the end of 2024, an increase of £200 million from its March guidance, M&G said in a statement Wednesday. It is also
Asian stocks tumble after Wall Street drops on worries about the economy
Asian stocks tumbled Wednesday after Wall Street had its worst day since early August, with the heavyweight Nvidia falling 9.5%, leading to a global decline in chip-related stocks. Electronics and semiconductor company Tokyo Electron slumped 8.6% on Wednesday. Taiwan’s Taiex lost 4.5%, dragged down by the heavyweight Taiwan Semiconductor Manufacturing Company, which was 5.4% lower.
Safe-haven yen gains, Aussie wobbles as edgy markets face US jobs test
TOKYO (Reuters) -The safe-haven Japanese yen rallied on Wednesday while riskier currencies like the Australian dollar and sterling languished as traders ducked for cover following the worst sell-off in almost a month on Wall Street and big losses for Asian stocks. "The bears are back with a bang," said Michael Brown, senior research strategist at Pepperstone, while adding that the poor factory figures on their own did not justify a market response of such scale. "It does, however, speak to the heightened sensitivity of participants to incoming data, particularly downside surprises."
Wall Street T+1 Switch Causing More Pain Than Thought, Citi Says
(Bloomberg) -- This year’s seemingly smooth transition to a faster settlement regime for US stocks turns out to have been far from plain sailing for many industry players, according to Citigroup Inc.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatFrom overhauling arcane funding processes to relocating traders across oceans, the late-May switch to the system known as T+1 proved tougher than expected, the bank found