Markets

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Sony headquarters
Finance

Sony profit slips as it admits to delaying movie, TV series release dates because of Hollywood strikes

By Yuri Kageyama and The Associated Press
August 9, 2023
Matteo Salvini
Finance

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.
Finance

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

By
August 8, 2023
Over $200 billion of Apple’s market cap has vaporized since Thursday. Here’s what’s going on
Finance

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

By
August 7, 2023
S&P 500 companies are beating analysts’ earnings estimates—but investors should ‘avoid chasing this recent market rally,’ wealth managers argue
Finance

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

By
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.
Finance

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

By
August 7, 2023
Dan Loeb
Finance

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
Finance

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

By
August 5, 2023
Andy Jassy
Retail

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’
Finance

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

By
August 2, 2023
Jerome Powell
Finance

‘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

By
August 2, 2023
Anthony Noto
Finance

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
Finance

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
Finance

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

By
July 31, 2023
NYSE broker
Finance

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

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