U.S. stock index futures were about unchanged during overnight trading on Sunday, after the major averages posted their best week in months amid a stronger-than-expected start to earnings season. Futures contracts tied to the Dow Jones Industrial Average shed just 23 points. S&P 500 futures lost 0.1%, while Nasdaq 100 futures lost 0.2%. The major … Read more
Whether it is better loan growth, credit-card signups, or economic indicators like unemployment, banks are back in expansion mode. Source link
Traders work on the floor of the New York Stock Exchange (NYSE), September 21, 2021. Brendan McDermid | Reuters Stocks appear to have shaken off the often spooky trading pattern of October for now, and whether that continues could depend on earnings in the week ahead. Dozens of companies are reporting, from Netflix and Tesla … Read more
A customer uses a SumUp payment card reader in Lisbon, Portugal, on Sept. 13, 2019. Angel Garcia | Bloomberg via Getty Images LONDON — SumUp, a U.K.-based payment processor, has acquired marketing start-up Fivestars in a bid to expand its reach across the U.S. and take on giants like PayPal and Square. The company said … Read more
Wall Street wrapped another volatile week on Friday, but corporate earnings season kicks into gear next week and could bring some direction to the market. “The week recovered from an early sell-off and ended up strong enough to go into the head of earnings season with a decent head of steam, so let’s go there … Read more
Ozy Media CEO Carlos Watson informed employees Friday that the board had voted to shut down the company, according to a person familiar with the matter. In a five minute phone call late in the afternoon, Watson informed Ozy’s staff of the decision, said the person, who asked not to be named because the conversation … Read more
Workers work on a Panasonic SMT machine at guiyang Zhenxin Technology Co., Ltd. in Guiyang, Guizhou Province, China, July 27, 2021. Costfoto | Barcroft Media | Getty Images Analysts at Goldman Sachs have picked their top Chinese semiconductor stocks that they say are set for growth — some with a potential upside of more than … Read more
Share prices of Chinese tech companies Baidu, Alibaba and Meituan among those shown at the Exchange Square in Hong Kong on March 23, 2021. Paul Yeung | Bloomberg | Getty Images A group of Chinese listed companies totaling $3.2 trillion in market capitalization could be at risk of further regulatory crackdown by Beijing, according to … Read more
Stephen Scherr, chief strategy officer and head of GS Bank USA at Goldman Sachs & Co. Jon Halty | Bloomberg | Getty Images Goldman Sachs named Denis Coleman the bank’s new chief financial officer beginning next year. Coleman, the current co-head of the firm’s Global Financing Group, will take over for Stephen Scherr, who is … Read more
Rafael Henrique | SOPA Images | LightRocket | Getty Images Analysts at Goldman Sachs are “incrementally more bullish” on their conviction list tech stocks in the U.S. and picked several top ideas for the fall, as demand increases and performance improves. Source link