Top 5 things to watch in markets in the week ahead
With an eleventh-hour deal reached to avert a U.S. government shutdown investors will be focusing on U.S. jobs data and…
Coinbase secures major payment institution license in Singapore
Crypto exchange Coinbase (NASDAQ:COIN), based in San Francisco, has solidified its presence in Southeast Asia by obtaining a Major Payment…
S&P 500 Set for Decline Amid Rising Interest Rates and Economic Pressures
The S&P 500 is poised for a downturn due to a combination of high interest rates and various economic pressures,…
Spotify downgraded, ‘darkest days of this downturn are ahead’: 4 big analyst cuts
Spotify slashed to Neutral Monness, Crespi, Hardt downgraded Spotify Technology (NYSE:SPOT) to Neutral from Buy. Given the significant stock outperformance…
Underlying US inflation pressures subside in August
(Reuters) – Underlying U.S. inflation pressures moderated in August, with the annual rise in prices excluding food and energy falling…
Credit Suisse Anticipates Q3 Loss Following UBS Takeover
Credit Suisse, now a part of UBS, expects to report a third-quarter loss of approximately $1.6 billion due to the…
Dow futures tick higher, Nike shares sprint up premarket
U.S. stock futures pointed higher on Friday, suggesting an extension of gains made in the prior session, although equities are…
Intel hails ‘landmark’ as high-volume EUV production begins at Irish plant
(Reuters) – Chipmaker Intel (NASDAQ:INTC) said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at…
Japan’s Sony says Zee merger to be delayed by a few months
(Reuters) – Japan’s Sony (NYSE:SONY) Group Corp said on Friday a merger of its Indian unit with Zee Entertainment Enterprises,…
Cathay Pacific buys 32 Airbus A321-200neo aircraft for $4.66 billion
(Reuters) -Hong Kong’s Cathay Pacific Airways (OTC:CPCAY) said on Friday it had purchased 32 Airbus A321-200neo aircraft from Airbus for…