The price of gold has hit a fresh record high, as investors seek out safe-haven assets to protect against inflationary and geopolitical risks. Gold rose above $3,500 (£2,614) an ounce in Asia, surpassing its April peak. It has nearly doubled in value since early 2023. The rally comes as the US dollar has weakened and some central banks add to …
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Why being cautious investors in September may be justified
Decades of market data point toward September’s reputation as a spoiler for stock market rallies, building the case for challenges over the coming weeks despite positive August momentum. CNBC’s analysis of FactSet data — starting from 1928 for some markets — shows that September has, on average, been a losing month for the S & P 500 , the pan-European …
Read More »Nestle investors face more turbulence after another CEO ousted – Reuters
Nestle investors face more turbulence after another CEO ousted Reuters Nestle fires boss after romantic relationship with employee BBC Nestlé Dismisses CEO Laurent Freixe Over Inappropriate Relationship With a Subordinate The New York Times Nestlé CEO Laurent Freixe ousted over inappropriate workplace relationship with subordinate Fox Business Nestle touts CEO ousting as ‘generational shift’ — here’s what that means for the stock CNBC Source link
Read More »Retail Investors Pour $867 Million Into Nvidia (NVDA) as Palantir (PLTR) Draws $300 Million
Retail investors have been active in the market comeback this year, and new data from JPMorgan (JPM) shows many are focused on Nvidia (NVDA) heading into September. The stock attracted $867 million in net inflows from small investors over the past week, marking the largest imbalance among single stocks in the market. Meanwhile, nine other names also drew interest, though …
Read More »India's strong economic growth fails to impress equity investors – Reuters
India’s strong economic growth fails to impress equity investors Reuters India’s Surprise GDP Flattered by Data Calculation, Analysts Say Bloomberg.com India’s economy grows at faster-than-expected 7.8% in the June quarter CNBC India’s Economic Growth Unexpectedly Picks Up Speed The Wall Street Journal India charts strategy to soften 50% US tariff on exports, govt working overtime with stakeholders: CEA An Times of India Source link
Read More »World shares are mixed as investors watch for further news on Trump’s tariffs
BANGKOK (AP) — World shares were mixed on Monday as investors watched for further developments after a U.S. court ruled against President Donald Trump’s sweeping higher tariffs. U.S. markets were to remain closed on Monday for the Labor Day holiday. The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% higher. The U.S. Court of Appeals …
Read More »Dollar drifts as investors await US labour market indicators – Reuters
Dollar drifts as investors await US labour market indicators ReutersView Full Coverage on Google News Source link
Read More »Why investors should brace for ‘extreme sensitivity’ in the stock market around this week’s jobs data – MarketWatch
Why investors should brace for ‘extreme sensitivity’ in the stock market around this week’s jobs data MarketWatch Tame US Job Growth Expected in Approach to Fed Meeting Yahoo Finance Wall St Week Ahead US jobs data poses hurdle for rate-cut hopes, stocks rally Reuters What To Expect in Markets: Jobs Report, Broadcom Earnings Lead Holiday-Shortened Week Investopedia Will the next US jobs report make …
Read More »Google Investors Surprisingly Chill About Major Data Breach
The stock of Google’s parent company ended Friday’s trading session relatively unchanged, as investors digested news of a major data leak and broader market developments. Alphabet Inc. (GOOG)’s shares closed at $213.53, up slightly from the day’s prior end price, despite Google‘s global security alert advising its 2.5 billion Gmail users to update their information following a data breach involving …
Read More »Jim Jarmusch Responds to Mubi Backlash Over Investors Israeli Military Ties
Jim Jarmusch has added his voice to the growing backlash against Mubi after the arthouse distributor took on an investor with close ties to the Israeli military earlier this year. Mubi co-produced the director’s latest movie “Father Mother Sister Brother,” which premieres on Sunday at the Venice Film Festival. Criticism toward Mubi has been mounting since the company announced a …
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