Tech stocks sure have had a rough 2022 as the Fed moved to aggressively lift rates in hopes of taming record inflation. But the next year, as per a Senior…
Investing
US stocks have put a remarkable rally from their 2022 lows. For example, the Dow Jones index bounced several thousand points from its lows, as mentioned previously in this article.…
Five Below, Inc. (NASDAQ:FIVE) is making a late comeback after remaining subdued this year. With a gain of 33% in the last six months, the stock has erased most of…
Ontario Teachers’ Pension Plan Board Acquires 25% of SSE’s Electricity Transmission Business
SSE PLC has sold a 25% stake in its energy transmission grid unit for $1.8 billion (£1.5 billion) to Ontario Teachers’ Pension Plan Board. The London-listed SSE revealed the…
Retail space will remain incredibly strong this holiday quarter despite fears of a looming recession, says Terry Lundgren – the former Chief Executive of Macy’s. Reason why Lundgren is bullish…
Although UK retail stocks have witnessed a considerable decline, Frasers Group Plc has defied the slump, which is a sign that Mike Ashley’s efforts to make the company the “Selfridges…
Hundreds of workers at a Foxconn plant in China turned to violent protests this week after about a month of rather strict COVID restrictions. Apple’s holiday quarter is now in…
A Standoff over Gas Price Cap Puts on Hold EU Measures to Counter Energy Crisis
Another emergency meeting looms next month as EU energy ministers disagree on plans to cap gas prices, criticizing them as ineffective. That means Brussels is pausing efforts to approve a…
The stock market is not just where shares of publicly listed companies trade, it’s perhaps the most vital component of the free market economy. While companies use the stock market…
Coupa Software Inc (NASDAQ: COUP) looks poised to extend gains this morning, which recently materialised following a report that Vista Equity Partners was interested in buying the cloud company. Prospect…