Markets

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Matteo Salvini

Reeling Italian markets wipe out $10 billion from bank stocks after shocking windfall tax pushed through by right-wing government

By Sonia Sirletti, Alessandra Migliaccio, Chiara Remondini and Bloomberg

August 8, 2023

Mike Wilson speaks during a Bloomberg Television interview in New York, U.S., on Tuesday, Aug. 22, 2017.

Wall Street’s top strategist warns ‘excessive’ government spending could be fueling a ‘boom-bust’ scenario in the stock market

By Chloe Taylor

August 8, 2023

Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on

Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on

August 7, 2023

S&P 500 companies are beating analysts’ earnings estimates—but investors should ‘avoid chasing this recent market rally,’ wealth managers argue

S&P 500 companies are beating analysts’ earnings estimates—but investors should ‘avoid chasing this recent market rally,’ wealth managers argue

August 7, 2023

Amin Nasser, President and CEO of Saudi Aramco, speaks during a press conference in the eastern Saudi Arabian region of Dhahran on November 3, 2019.

The world’s third-biggest company just saw its profits plummet 38%—but still paid shareholders $19.5 billion in dividends

By Chloe Taylor

August 7, 2023

Dan Loeb

Hedge fund billionaire Dan Loeb laments the victory of meme stocks: ‘Fundamental analysis is increasingly taking a back seat to monitoring daily option expiries and Reddit message boards’

By Bailey Lipschultz and Bloomberg

August 6, 2023

The hedge fund titan who’s been watching for ‘black swans’ for decades says the ‘greatest credit bubble in human history’ is set to pop—but he’s not worried

The hedge fund titan who’s been watching for ‘black swans’ for decades says the ‘greatest credit bubble in human history’ is set to pop—but he’s not worried

August 5, 2023

Andy Jassy

Amazon surges as Andy Jassy’s big cuts come with big revenue beat

By Spencer Soper and Bloomberg

August 4, 2023

Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’

Here’s why top economists are calling Fitch’s decision to downgrade America’s credit rating ‘bizarre and inept’

August 2, 2023

Jerome Powell

‘Imagine no recession, it’s easy if you try.’ Bank of America flip-flops on its recession call, arguing a ‘soft landing’ is on the way

August 2, 2023

Anthony Noto

SoFi sees student loan payments returning ‘more strongly’ next year, as Wall Street sends shares highest in nearly a year

By Paige Smith and Bloomberg

July 31, 2023

New York Stock Exchange

Markets are partying like it’s 2019 again, says Wall Street’s top strategist who admitted he ‘was wrong’ about his big bear call

By Alexandra Semenova, Farah Elbahrawy and Bloomberg

July 31, 2023

man using tupperware

Tupperware has become a meme stock, gaining over 300% in past month

By Chris Morris

July 31, 2023

NYSE broker

With the deficit hitting $1.39 trillion, a ‘sobering’ 170% increase, traders are bracing for a $102 billion auction of Treasury bonds

By Liz Capo McCormick and Bloomberg

July 31, 2023

Wingstop

Wingstop shares take flight but Wedbush analyst frets at the price of wings shooting up over 30% in one month alone

By Joel Leon and Bloomberg

July 29, 2023

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