Cathie Wood’s ARK Invest Sells Over $14 Million Worth of Zillow Shares
Some ARK Invest exchange-traded funds run by ETF star Cathie Wood sold almost 240,000 shares of Zillow Group Inc. (NASDAQ: Z) on Wednesday. The share […]
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Turkish lira plunges to near 11 as central bank ploughs on with cuts
ISTANBUL (Reuters) – Turkey’s lira sank to another all-time low of near 11 to the dollar on Thursday as the central bank pushed forward with […]
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Paytm sinks on debut as India's biggest IPO irks some investors
MUMBAI (Reuters) -Digital payments start-up Paytm made one of the worst major Indian stock market debuts on Thursday as its shares fell more than 27% […]
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Stocks making the biggest moves premarket: Alibaba, JD.com, Cisco, Nvidia and more
Check out the companies making headlines before the bell: Macy's (M) – Macy's surged 8% in the premarket after the retailer reported better-than-expected quarterly sales […]
Continue reading »UPDATE 1-Turkey forges on with 100-point rate cut despite lira meltdown
(Adds statement from MPC, updates market reaction, adds graphic) ISTANBUL, Nov 18 (Reuters) – Turkey’s central bank slashed its policy rate by 100 basis points […]
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Shares in India's Paytm plunge 24% in market debut, investors question business model
Shares in India's Paytm plummeted 24% in their maiden day of trade, with investors questioning the loss-making digital payments firm's business model. Shares were changing hands at […]
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Sensex drops over 100 points in early trade; Nifty tests 17,850
M&M was the top loser in the Sensex pack followed by HCL Tech, Tech Mahindra, Dr Reddy’s, Maruti, Bajaj Auto and TCS. Equity benchmark Sensex […]
Continue reading »Lithium Americas beats CATL to buy Millennial for $400 million
(Reuters) – Lithium Americas Corp is buying Argentina-focused Millennial Lithium Corp for $400 million in stock and cash, eclipsing an offer from China’s Contemporary Amperex […]
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India's Paytm set for trading debut after $2.5 billion IPO
FILE PHOTO: The interface of Indian payments app Paytm is seen in front of its logo displayed in this illustration picture taken July 7, 2021. […]
Continue reading »Moderna seeks emergency use authorization for COVID-19 booster shots for all adults
Moderna chairman on COVID boosters, new therapeutic Moderna Chairman Noubar Afeyan argues there could be a ‘continues need for boosting’ every year. Moderna filed a […]
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Stocks making the biggest moves midday: Target, Rivian, Lucid, TJX, Visa and more
Check out the companies making headlines in midday trading. Target — The retail giant saw shares fall nearly 5% despite posting beats on the top […]
Continue reading »Big money investors growing more optimistic inflation is 'transitory'
Inflation will ‘peak soon,’ have negative impact on stocks: Wells Fargo head global markets strategist Wells Fargo head global markets strategist Paul Christopher argues inflation […]
Continue reading »METALS-Dollar surge pushes down copper prices
(Updates with official prices) LONDON, Nov 17 (Reuters) – Copper prices fell for a third day on Wednesday as expectations of U.S. interest rate rises […]
Continue reading »Stocks hold near records with Target, Lowe's earnings in focus
CEO discusses investing in technology Pepper International CEO Carol Pepper weighs in on infrastructure bill’s effect on stocks U.S. stock futures hovered near record highs […]
Continue reading »Brazil's CloudWalk valued at $2.15 bln after Coatue-led investment
Nov 17 (Reuters) – Brazilian financial technology company CloudWalk said on Wednesday it was valued at $2.15 billion after a funding round led by Coatue, […]
Continue reading »EMERGING MARKETS-Lira plumbs all-time low on policy misstep fears
* Lira hits 10.45 per dollar * EMFX rebound after Tuesday’s slide * S.African rand hits 1-month low before recovering * EM stocks break 7-day […]
Continue reading »UPDATE 1-Mobile operator MTN to sell and leaseback S.Africa towers for $412 mln
(Adds details) JOHANNESBURG, Nov 17 (Reuters) – Africa’s largest mobile operator MTN Group said on Wednesday it will sell and leaseback more than 5,000 towers […]
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Margins, not millennials, drove down Commonwealth Bank shares
Here is a reality check. Despite the Commonwealth Bank’s millennial-milking marketing blitz around e-commerce, digital ecosystems and the lure of cryptocurrency-trading, it’s still primarily a […]
Continue reading »GLOBAL MARKETS-Dollar stands tall after firm U.S. data, Asian stocks wobble
HONG KONG, Nov 17 (Reuters) – The dollar reached a four-and-a-half-year high against the yen on Wednesday after better-than-expected U.S. retail data, which also boosted […]
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CDC advisers to review data on wider use of Pfizer-BioNTech COVID-19 vaccine
FILE PHOTO: A general view of the U.S. Centers for Disease Control and Prevention (CDC) headquarters in Atlanta, Georgia September 30, 2014. REUTERS/Tami Chappell(Reuters) – […]
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