Miners Cheer As China’s Manufacturers Continue To Increase Pace
Iron ore prices rise in Asia on China's manufacturing growth, but construction remains a concern. Steel stocks reflect mixed performance.
Turkish Stock Markets Welcome Change: Will Erdoğan Defeat Prompt Economic Reforms?
Turkey's stock market fell, bond yields rose after opposition party won 5 biggest cities in local elections, biggest setback for Erdogan's party.
FanDuel Success Drives Flutter To Seek Primary Listing On NYSE
FanDuel delivered a positive U.S. full-year adjusted EBITDA "for the first time," Flutter CEO Peter Jackson said on March 28.
Sticky Inflation Persists: Fed’s Preferred Measure Climbs, Analysts Sound Off
Annual inflation rate rose to 2.5% as expected in Feb, while personal spending unexpectedly increased. Analysts divided on impact and policy implications.
Baltimore Port Shutdown Triggers Coal Price Hike: Energy Information Administration Warns Of Export Disruptions
Coal prices rise after Baltimore port closure due to bridge collapse; Consol Energy affected. Port is key coal export hub, metal imports also disrupted.
Financial Crimes Weekly: Insider Trading At Arista, Del Taco; KuCoin In Civil Action Suit
Andreas Bechtolsheim, founder of Arista Networks, settled insider trading charges for $1M. SEC alleged he traded on info about Acacia's takeover.
Want To Invest In SpaceX? An IPO Looks Inevitable, But In The Meantime, Go Private Equity
If SpaceX were to go public next week it would command a valuation of somewhere in the region of $175 billion.
US Companies In Japan Wary On Market Intervention As Yen Hits 34-Year Low Vs. Dollar
The Japanese yen fell Wednesday to a 34-year low against the dollar, which is a boon for exporters, but imports are more expensive.
Tesla, GM, Ford Supply Chain Concerns: Baltimore Port Closure ‘Going To Have An Impact’
Tesla, Ford and GM scramble for alternative shipping routes after a bridge collapse shuts down Baltimore port, disrupting auto business.
Russell 2000 Vs. S&P 500: Turning Tide For Small Caps? ‘Risk-Reward Trade-Off Is Very Skewed’
Small cap stocks lag behind large cap tech stocks as investors chase high returns. This trend is worsened by rising interest rates, creating a big valuation gap.