Investors reduced allocations to stocks, moved to cash in August, BofA survey shows
LONDON (Reuters) -Investors increased their allocations to cash and reduced their overweight position in stocks...
Month: August 2024
Covid-Linked Stocks Back in Play as Asia Sees Surge in Cases
(Bloomberg) — Shares of Covid test kit and drug makers are in the spotlight in...
Too Late to Buy Nvidia Stock After Its 600% Surge? Wall Street Has a Clear Answer.
Many experts see artificial intelligence (AI) as the investment opportunity of a lifetime. While the...
Stocks Waver With Mideast Risk, US Data in Focus: Markets Wrap
(Bloomberg) — European stocks struggled for traction as investors awaited US price data for guidance...
1 Unstoppable Stock Set to Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta in the $1 Trillion Club
Warren Buffet was born in 1930, and he bought his first stock at age 11....
General Motors is cutting staff in China as it eyes a restructuring in the world’s largest auto market
The American automaker is competing against Chinese EV makers that are prioritizing production over profit as they try to gain more market share.
Why Trump’s and Harris’ proposals to stop taxing tips would be hard to do
And, in the end, it likely wouldn’t help millions of low-income workers.
FBI investigating Trump campaign claim that sensitive documents were hacked by Iran
The FBI released a brief statement on the Trump matter reading, “We can confirm the FBI is investigating this matter.”
Investors are so down on China that MSCI is dropping Chinese stocks from its benchmark for the third time this year
MSCI’s changes underscore the increasingly grim prospects for the world’s second-largest economy, as Chinese shares risk losing their outsized presence in emerging market portfolios to peers such as India and Taiwan.
