2024-07-16 | Industry Dynamics
Warren Buffett’s Berkshire Hathaway Hits Record High
Berkshire Hathaway’s stock reached a new peak on Monday, signaling robust investor confidence in Warren Buffett’s stewardship.
2024-07-16 | Industry Dynamics
Berkshire Hathaway’s stock reached a new peak on Monday, signaling robust investor confidence in Warren Buffett’s stewardship.
2024-07-09 | Industry Dynamics
Japan is poised to redirect a significant portion of its substantial dollar reserves back into yen, a move that could significantly impact global financial markets due to the scale of the assets involved.
2024-07-02 | Industry Dynamics
The Nasdaq Composite reached a new high, signaling a strong start to the second half of 2024, buoyed by persistent enthusiasm for artificial intelligence technologies. It marked its 21st record close for the year with a 0.8% rise.
2024-05-29 | Industry Dynamics
Nvidia’s shares soared again on Tuesday, continuing their significant recent gains on an otherwise subdued day for the stock market.
2024-05-15 | Industry Dynamics
Today’s News Nasdaq rockets to new heights as meme stocks GameStop and AMC lead a pre-CPI surge, setting the stage for an eagerly anticipated economic report. Stock indexes surged to record highs on Tuesday as investors digested a mix of economic reports and looked ahead to the forthcoming consumer price index (CPI) data. While the […]
2024-02-23 | Industry Dynamics
Today’s News Reddit revealed a narrowed net loss of USD 90.8 million and approximately 21% revenue growth in 2023 as it unveiled its IPO filing ahead of the highly anticipated U.S. stock market debut in March. This marks a significant test for the platform, which has yet to achieve the commercial success of social media […]
2024-02-22 | Industry Dynamics
Today’s News HSBC witnessed its most substantial share decline since 2020 following an 80% drop in quarterly profit and a USD 3 billion charge on its stake in a Chinese bank. The bank reported pre-tax profits of USD 1 billion for the final quarter of 2023, down from USD 5 billion the previous year. […]
2024-02-06 | Industry Dynamics
Today’s News Investors are demanding nothing less than perfection from tech titans this earnings season as the “Magnificent Seven” tech companies, driving the stock market’s growth and profits, face increased scrutiny. Meta Platforms, the parent company of Facebook, marked its best sales growth in over two years, initiated a dividend, and increased its share-buyback authorization by […]
2023-12-08 | Industry Dynamics
Today’s News The stock market resumed its upward trajectory, bolstered by a resurgence in tech shares, particularly those of major technology companies that have been pivotal in driving market momentum throughout the year. Thursday saw the S&P 500 surge by 0.8%, reaching its peak for the year, while the Nasdaq Composite, heavily populated by tech […]
2023-11-28 | Industry Dynamics
Today’s News The U.S. stock market saw a slight decline on Monday as investors took a pause following Thanksgiving, coinciding with the start of the holiday shopping season and Cyber Monday deals that attracted shoppers. All three key U.S. stock indexes closed marginally lower. Tom Hainlin, national investment strategist at U.S. Bank Wealth Management in […]