Newsfeeds Archive - Page 85 of 97

2 minute read

Janet Yellen Wants You To Brace For Higher Gas Prices This Winter, Pointing To Major Risk Factor

September 12, 12:01 AM

U.S. Treasury Secretary Janet Yellen said on Sunday Americans could witness a rise in gas prices in the winter when the European Union significantly trims Russian oil purchases, reported CNN.

BNO

2 minute read

Why Alibaba, Nio Stocks Aren’t Trading In Hong Kong Today — And Here’s What’s On Investors’ Radar In Asia

By Bhavik Nair

September 11, 10:44 PM

Asia-Pacific markets opened in the green on Monday over improved risk sentiment, but investors are keenly watching out for U.S. inflation data due later this week.

BABA

2 minute read

Cathie Wood Adds Over $1.2M In UiPath Shares And Piles Up More In This Sports Betting Stock

By Bhavik Nair

September 11, 9:13 PM

Cathie Wood-led Ark Investment Management bought over 87,000 shares of software company UiPath Inc (NYSE: PATH) on Friday, valued at over $1.2 million based on the day’s closing price.

ARKK

2 minute read

‘Rich Dad, Poor Dad’ Author Says ‘Losers’ Watching Stocks While Real Problem is Elsewhere: ‘Major Crash To Come’

By Bhavik Nair

September 11, 12:05 PM

This article was originally published on July 25, 2022. Robert Kiyosaki, the author of "Rich Dad, Poor Dad," is warning investors about the need to focus on the bond market, which is much larger than the stock market and seeing its "biggest crash since 1788."

BTC

1 minute read

M&A
News

iPhone Makers’ League Could Get A New Entrant In Indian Conglomerate

By Bhavik Nair

September 9, 6:49 AM

Indian conglomerate Tata Group, which produces everything from salt to software, is reportedly in talks with Taiwan’s Wistron Corporation to establish an electronics manufacturing joint venture in India with the goal of assembling iPhones there.

AAPL

2 minute read

Cathie Wood Trims Spotify Stake And Adds Another $3.5M In This Chipmaker

By Bhavik Nair

September 9, 6:26 AM

Cathie Wood-led Ark Investment Management bought over 25,000 shares of Nvidia Corporation (NASDAQ: NVDA), via two of the firm’s exchange-traded funds, valued at over $3.52 million based on Thursday’s closing price.

AAPL

2 minute read

Why Alibaba, Nio And Other Stocks Are Shooting Higher In Hong Kong Today

By Bhavik Nair

September 8, 11:16 PM

Hong Kong stocks opened in the green on Friday, taking cues from Wall Street where major indices gained following clarity on the U.S. Federal Reserve’s policy path. China’s slower-than-expected consumer price inflation rise also lifted sentiments.

BABA

1 minute read

Oil Slides Further As Demand Worries Grow — But US Officials Prepare For Possible Price Surge By Year-End

By Bhavik Nair

September 8, 9:31 PM

Oil fell on Friday dragged by demand concerns, increasing stockpiles, and the likelihood of the Biden administration making a fresh release from emergency reserves.

BNO

2 minute read

After Warren Buffett, Cathie Wood Trims Stake In This EV Maker With $3M Sale

By Bhavik Nair

September 8, 7:31 AM

Cathie Wood-led ARK Investment Management sold over 51,000 shares of Warren Buffett-backed BYD Co.

BRK-A

2 minute read

GM Tries To Regain China Drive By Aiming At Super-Rich: Here’s What It’s All About

By Bhavik Nair

September 8, 2:09 AM

General Motors Company (NYSE: GM) is planning to woo the urban rich in China through a new direct sales platform that will curate its most elite products across multiple brands as the American automaker tries to regain momentum in the world's biggest car market.

BYDDF