FedEx and Nike Earnings Will Hold Vital Hints on Holiday-Shopping Strength
After investors raced for the exits following their last earnings reports, package-deliverer FedEx Corp. and athletic-gear maker Nike Inc. will try it again.
Berkshire Hathaway: New Fire Sale Suggests Management’s High Level of Vigilance
Warren Buffett's Berkshire Hathaway (BRK.B) (BRK.A) has sold 1.33 million Hong Kong-listed shares of electric vehicle maker BYD (BYDDF) for HK$267.69 million ($34.43 million), according to a filing with the Hong Kong Stock Exchange.
Elon Musk in His Twitter Urges Fed to Stop Its Jumbo Rate Hikes
World’s richest man Elon Musk thinks the recession will be amplified if the U.S.
Pakistan To Become Sixth-Largest Economy In The World By 2075, Says Goldman Sachs
A research paper published by Goldman Sachs projected Pakistan to be the sixth-largest economy in the world by 2075 given that “appropriate policies and institutions” are in place, local media reported.
What’s The Effect of Russian Oil Price Cap Ban and Whether It’s Attainable?
Western governments have agreed to cap the price of Russia’s oil exports
What Crowdstrike Reported, Why Investors Didn’t Like It And Whether It Might Be A Buying Opportunity
After the market closed on Nov. 29, cybersecurity specialist CrowdStrike Holdings (CRWD -14.75%) reported Q3 of its fiscal 2023’s financial results.
US’ Ban On Chinese Tech Firms Will Only ‘Hurt Global Value Chain, Get Backfire’
The U.S. Federal Communications Commission (FCC) on Friday banned 5 Chinese firms from selling communications equipment in the U.S., citing the catch-all excuse of “national security” a move Chinese experts warned will only hurt the global value chain and will definitely backfire.
Most Federal Reserve Officials Back Slower Rate Rises Going Forward
A “substantial majority” of Federal Reserve officials support slowing down the pace of interest rate rises soon,
A Green Hydrogen Bet, GM Expects EV Profits By 2025 And The World’s Population Hits 8 Billion
Challenges with supply chains and an incredibly slow production ramp-up of new electric vehicles continues but General Motors is still having a very good year financially and expects that to continue.
India: Pre-Ipo Investors are Offloading Paytm Shares. But Who Are Buying Them?
Paytm shares are oscillating around its life-time lows that has attracted bottom-fishing interest in some foreign institutional investors.
World Population Touches the 8 Billion Milestone; India to Replace China As Most Populated Country By 2030
The world touched 1 billion back in 1804, and the growth has gotten faster and faster over the subsequent two centuries.
Key events this week: U.S. Fed, BoE interest rate decisions; U.S. jobs report, UK PMI, Eurozone inflation and more
The central banks of India, the United Kingdom, and the United States will meet in the upcoming week.
Improving Crude Oil Outlook Boosts Energy Stock Prices
Oil prices rose on Thursday, extending a more than 3% rally in the previous session, boosted by record U.S. crude exports and a weaker U.S. dollar, though gains were capped in Asia due to lingering fears over slack demand in China.
China's Q3 GDP Grew 3.9% YoY, Beating Forecasts
The data, published six days later than scheduled, showed higher growth than the consensus of 2.5%.