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Stock-prices

stock market drop: Why is this Wall Street analyst predicting a stock market drop in the US?

by Ron Morgan
stock market drop: Why is this Wall Street analyst predicting a stock market drop in the US?

In an interview, a leading Wall Street analyst has predicted that the US Stocks could drop by as much as 5% by the end of 2024 due to an overall …

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Walmart bubble due to high-income grocery spending, warns Bill Simon

by Walter Watson
Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …

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China pushes banks to speed up approvals of new loans to private developers: Reuters

by Walter Watson
China pushes banks to speed up approvals of new loans to private developers: Reuters

Chinese regulators are pushing banks to speed up approvals of new loans to cash-starved private property developers, people with knowledge of the matter said, a bid to revive homebuyer sentiment …

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China’s BYD to spend US$55 million on buy-back of Shenzhen-listed shares as world’s largest EV maker eyes higher market value

by Anas Siddiqui
China’s BYD to spend US million on buy-back of Shenzhen-listed shares as world’s largest EV maker eyes higher market value

BYD, the world’s largest electric vehicle (EV) maker, plans to buy back 400 million yuan (US$55.56 million) worth of its mainland-listed shares, with the aim of lifting the company’s stock …

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Pinterest (PINS) Q4 2023 earnings report

by Walter Watson
Pinterest (PINS) Q4 2023 earnings report

A display for image sharing and social media service Pinterest is seen at the Collision conference in Toronto, Ontario, Canada June 23, 2022. Chris Helgren | Reuters Pinterest shares plummeted …

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U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

by Anas Siddiqui
U.S. Federal Reserve leaves key interest rate unchanged, expects 3 rate cuts in 2024

For a third straight time, the U.S. Federal Reserve kept its key interest rate unchanged Wednesday, as it signalled its expectations to make a series of quarter-point cuts to the benchmark interest …

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