Bitcoin enthusiasts have been perplexed lately. Why is the price so stagnant, even with all the hype created by guys like President Donald Trump? The White House has largely been seen as enacting a pro-crypto agenda and even got its first crypto czar in David Sacks, after all. You’d think prices would be soaring. Well,
Karen Hoggan Business Reporter Getty Images The cost of government borrowing has fallen, partly reversing a surge prompted by the chancellor’s emotional appearance in the Commons on Wednesday. The yield on UK 10-year bonds fell to 4.45%, down from 4.61% at the previous day’s close, as markets reacted to the prime minister’s comments that he
An allegedly ‘controversial’ statement by Minister Pradeep Bal Samanta regarding major chit fund depositors has drawn sharp reactions on Thursday. His statement that big investors should not complain and that divine favour protects them has been called ‘insensitive’ by critics and the opposition. According to sources, the Co-operation Minister Pradeep Bal Samanta stirred a controversy
This article was written by Follow Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in professional services working across industries that include O&G, OFS, Midstream, Industrials, Information Technology, EPC Services, and consumer discretionary.Investment recommendations are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At my girls’ grammar school in the 90s, our maths teacher introduced us to trigonometry by saying that female brains often found it hard. At least half the class promptly switched off and probably never
This article was written by Follow Over fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know! Analyst’s Disclosure:I/we have
Stocks moved higher Wednesday morning as investors digested fresh data on the labor market and awaited news on trade talks and budget bill deliberations. The S&P 500 and tech-heavy Nasdaq Composite were recently up 0.2% and 0.7%, respectively, while the Dow Jones Industrial Average slipped 0.1%. The S&P 500 and Nasdaq Composite each fell slightly
Evan J. Renov, Cofounder & Managing Partner at Arieli Group. getty Not long ago, artificial intelligence (AI) and machine learning served as buzzwords that set startups apart. Today, most investors won’t even consider an opportunity unless it leverages AI, making it rare to find a startup that doesn’t claim to use the technology. This atmosphere
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sales of risky European corporate debt surged to their highest ever level in June, as lowly rated companies take advantage of a capital flight out of US markets on fears over the fallout from President
Stock futures were little changed on Tuesday evening, after investors began the second half with a reduced appetite for technology stocks. Futures tied to the Dow Jones Industrial Average added 10 points. S&P 500 futures were marginally higher, while Nasdaq 100 futures advanced 0.07%. In regular trading, the blue-chip Dow advanced 400 points, while the