(Bloomberg) — Stocks slumped, with European equities shedding 1%, and global bonds climbed on worries over the latest escalation in Russia’s war against Ukraine. Most Read from Bloomberg S&P 500 futures dipped 0.5%. The yield on 10-year Treasuries fell seven basis points to 4.34%. The moves were steeper in Europe, with German bond yields dropping to the lowest since October. The euro retreated 0.5%. Poland’s main stock index sank 2.6%. Markets were rattled by news that President Vladimir Putin is pushing ahead with a nuclear doctrine that allows Russia to expand use of atomic weapons — an announcement that comes…
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Image source: Getty Images FTSE 100 stock AstraZeneca (LSE: AZN) has taken a huge hit recently. Over the last few months, its share price has fallen about 30%. Is there value on offer after this pullback? Company directors seem to think so. In the last week, they’ve been buying a ton of shares. Why I look at insider buying I pay attention to insider buying activity. Ultimately, no one has a better understanding of a company and its prospects than its leaders. And insiders only buy company stock for one reason – to make money. They’re not going to throw…
Investing.com – India stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher. At the close in NSE, the rose 0.07%, while the index added 0.12%. The best performers of the session on the were Mahindra & Mahindra Ltd. (NS:), which rose 3.58% or 102.05 points to trade at 2,948.95 at the close. Meanwhile, Tech Mahindra Ltd (NS:) added 2.34% or 38.85 points to end at 1,699.65 and HDFC Bank Ltd (NS:) was up 2.18% or 37.15 points to 1,742.25 in late trade. The worst performers of the session were SBI Life…
Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Michael M. Santiago | Getty ImagesStock futures were higher early Tuesday as investors awaited key earnings from retailers and chipmaker Nvidia this week.Futures tied to the Dow Jones Industrial Average added 0.12%. S&P futures rose about 0.12%, while Nasdaq 100 futures traded higher 0.22%.In after-hours trading, Trump Media & Technology Group shed about 4%, giving back earlier gains, on news that the company is in talks to buy cryptocurrency trading firm Bakkt. Walmart shares rose 0.8% ahead of…
Image source: Getty Images My investment focus in recent years has been on maximising passive income from dividends paid by shares. This is the best way I have found to make money with minimal effort – the definition of passive income. British American Tobacco (LSE: BATS) has long been one of my core holdings for achieving this. It has all three qualities that I look for in such a stock — a high yield, strong earnings growth, and market undervaluation, in my view. A high yield In 2023, it paid a total dividend of 230.89p, yielding 8% on its current…
Brazil’s Petrobras plans to spend $111 billion in the five years between 2025 and 2029, with $77 billion of this total earmarked for oil and gas exploration and production activities, Reuters reported, citing a securities filing.The new spending figure is $10 billion higher than an earlier version of the investment plan, where exploration and production spending was set at $73 billion. That earlier plan, in turn, was an upward revision on an even earlier version of the 2025-2029 budget that stood at $102 billion. Spending for 2025 specifically, however, was revised down in October. Initially pegged at $21 billion, the…
November 19th, 2024, 3:38 AM GMT+0000Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick share their take on the state of China’s economy, financial markets, policies and the implications for investors. They speak at the Hong Kong Monetary Authority’s Global Financial Leaders’ Investment Summit. (Source: Bloomberg) Source link
By Christoph Steitz and Tom Käckenhoff ESSEN, Germany (Reuters) -Thyssenkrupp took a fresh 1 billion euro ($1.06 billion) impairment on its struggling steel division, blaming the sector’s worsening outlook as weak demand and Asian competition hurt Germany’s industry. The latest impairment on steel, the second in as many years, comes as talks with Czech billionaire Daniel Kretinsky, who owns 20% in the division, continue over whether that stake could be raised to 50%. Like its German industrial peers, Thyssenkrupp (ETR:) has been struggling with a weakening global economy, rising competition from China and high costs, forcing it to seek new…
The global metal recycling market, valued at $61.37 billion in 2022, is expected to expand significantly, reaching $111.31 billion by 2031, growing… Source link
Shares of Palantir Technologies (NYSE: PLTR) have advanced more than 250% year to date due to strong financial results. This was driven by strong demand for its artificial intelligence (AI) platform and excitement surrounding the company’s addition to the S&P 500. Last week, Palantir announced plans to remove itself from the New York Stock Exchange and relist on the Nasdaq exchange, effective Nov. 26. The company said in a press release that it “anticipates meeting the eligibility requirements of the Nasdaq-100 index” once the move is complete. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market…