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Financial Advisory Fees for Asian M&A Hit 11-Year Low in H1 2024 Financial advisory fees from mergers and acquisitions (M&A) in Asia fell to their lowest level in 11 years during the first half of 2024, with no quick recovery in sight due to declines in both announced and completed deals. According to LSEG data, […]
Asia M&A fees drop to 11-year low amid slow-cooked deals, data shows Read More »
ChatGPT European Stocks Directionless as Traders Await Key Inflation Data European stocks struggled to find direction in early trading on Thursday as traders awaited crucial inflation data and monitored potential intervention by Japanese authorities following further declines in the yen. In Asian trading, shares fell and bond yields spiked after surprise inflation
European stocks steady ahead of inflation data, yen near 38-year low Read More »
Dollar Edges Lower While Yen Falls into Intervention Territory The U.S. dollar edged lower in early European trade on Thursday, giving back some of the gains from the previous session, while the Japanese yen fell into a range that suggests potential intervention. As of 04:30 ET (08:30 GMT), the Dollar Index, which measures the
testDollar consolidates ahead of key inflation release; yen nears intervention Read More »
European Stocks Muted Ahead of Key U.S. Inflation Data European stock markets traded in a muted fashion on Thursday, with a disappointing outlook from chipmaker Micron weighing on sentiment ahead of the release of key U.S. inflation data. As of 04:30 ET (07:30 GMT), Germany’s DAX index was up 0.3%, France’s CAC 40
European stocks muted; Micron hits sentiment ahead of key US inflation release Read More »
Wall Street Opens Lower as Semiconductor and Megacap Stocks Retreat Wall Street’s main indexes opened lower on Wednesday, as semiconductor and megacap stocks gave back their early gains. Investors are looking ahead to a crucial inflation report due later in the week. At the opening bell, the Dow Jones Industrial Average fell by 49.0
Wall Street slips as tech recovery stalls Read More »
Tesla Announces Strategic Changes in Vehicle Development In its Q1 2024 report, Tesla (NASDAQ ) revealed several changes to its vehicle development strategy, aiming to introduce new models, including more affordable options. This strategy involves combining elements from its next-generation vehicle platform, which targets reducing the cost of goods sold (COGS) from around
Tesla’s push to cut vehicle costs may see Model 3 priced under $35k: Goldman Read More »
NVIDIA Stock Has Significant Upside, Says Cantor Fitzgerald Despite already being one of the most valuable public companies globally, NVIDIA Corporation (NASDAQ: NVDA) still has considerable growth potential, according to Cantor Fitzgerald analysts on Wednesday. “We have never seen a faster pace of technological innovation and subsequent reduction in the cost of computing as
Cantor: Nvidia still has quite a bit more room to run Read More »
U.S. Stocks Slip as Investors Take Profits in the Second Half of 2024 On Wednesday, U.S. stocks edged marginally lower as investors took profits after enjoying strong gains in the first half of 2024. At 09:40 ET (13:40 GMT), the Dow Jones Industrial Average was down 125 points, or 0.3%, the S&P 500 dropped
US stocks slip lower in tepid trade; key inflation data looms large Read More »
Dollar Faces Resistance at Key 160 Yen Level; Bitcoin Rebounds On Tuesday, the dollar struggled to break above the significant 160 yen level as concerns about potential currency intervention by Japanese officials kept the yen somewhat buoyed against its counterparts. Bitcoin Recovers After Sharp Decline Bitcoin regained some ground after experiencing its worst day
Dollar subdued near 160 yen level as threat of intervention looms Read More »
Bitcoin prices fell on Tuesday, continuing their recent decline due to a mix of regulatory concerns, particularly from U.S. actions and German government sales, along with broader risk aversion, putting pressure on cryptocurrency prices. The world’s largest cryptocurrency dropped 2.4% in the past 24 hours to $61,332.0 by 01:22 ET (05:22 GMT), having
Bitcoin price today: down to $61k amid regulatory jitters, inflation angst Read More »