(Bloomberg) — Palantir Technologies Inc.’s (PLTR) premium valuation will be put to the test when the data analysis and software company reports results after the market close on Monday. Most…
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Cryptocurrency News
The Fed Cut Rates, So Why Are Mortgage Rates Climbing? The Truth Behind The Housing Market’s Latest Curveball
by skolnesU.S. mortgage rates rose for a fourth consecutive week, climbing as housing demand waned. Despite recent expectations of relief from anticipated Federal Reserve rate cuts, borrowing costs have continued to…
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US banks have a lot riding on the outcome of Election Day even if they’re not 100% sure how either candidate might treat their industry. The “knee-jerk reaction,” according to…
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Hedge funds stung by European stock markets in October, Goldman Sachs says
by skolnesBy Nell Mackenzie LONDON (Reuters) – Hedge funds focused on European stock markets suffered their largest monthly losses in over a year in October, dragged down by a broader market…
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Nvidia Is Joining the Dow Jones Industrial Average This Week. Time to Buy?
by skolnesNvidia (NASDAQ: NVDA) has reached many milestones this year. The stock rose above $1,000 and roared past Microsoft to become the world’s second most valuable company after Apple. This is…
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What Is Happening at Super Micro Computer? Here’s What Investors Need to Know.
by skolnesSuper Micro Computer‘s (NASDAQ: SMCI) stock is on fire — and not in a good way. Shares of the artificial intelligence (AI) server maker fell off a cliff this week…
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By Iain Withers LONDON (Reuters) – Blackstone’s private wealth business plans to enter at least two new European markets next year to tap growing demand among the well-off, two executives…
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(Bloomberg) — A gauge of the dollar fell the most since late August and Treasury futures rose as polling data ahead of Tuesday’s US elections prompted some investors to pare…
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Asian shares are mostly higher as China begins major economic meeting
by skolnesShares were mostly higher in Asia on Monday as China’s leaders began a major meeting expected to bring fresh pledges of help for the world’s second-largest economy. Oil prices gained…
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By Rae Wee SINGAPORE (Reuters) – Financial markets began the week on a cautious note on Monday, with shares in Asia subdued while the dollar eased slightly ahead of a…