It hasn’t gone unnoticed that the market’s strong performance this year has been led by the mega-caps, with the tech giants largely responsible for the surge in the S&P 500 and NASDAQ. This has led many commentators to issue...
(Bloomberg) -- The corporate bond market seems surprisingly blase about the risk of an economic downturn now.Most Read from BloombergAnt to Buy Back Shares at 70% Lower Valuation Than at IPOCEO Who Grew Up in Poverty Builds Rare $1.4...
(Bloomberg) -- The bond-market selloff that sent some yields to the highest levels in more than a decade this week leaves investors straining to see past the Federal Reserve’s next move in July.Most Read from BloombergAnt to Buy Back...
Big Tech stocks led US stock gains in the first half of 2023, fueled by an explosion of interest in AI.But the rally is now broadening out to other sectors – June was the best month this year for...
By Mathieu RosemainAIX-EN-PROVENCE, France (Reuters) - A "Chinese storm" is looming over Europe's growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia's superpower dominates key raw materials to make batteries for zero emission...
(Bloomberg) -- Up and down Wall Street, forecasters were caught flat-footed by how the first half of 2023 unfolded in financial markets. That seems to have rattled their faith in what the winning playbook for the rest of it...
(Bloomberg) -- Ashford Hospitality Trust Inc. expects to return 19 hotels to lenders in cities including Las Vegas and Atlanta, declining to pour more cash into the properties, which are part of a $982 million mortgage pool that missed...
(Bloomberg) -- A worrisome thought for the stock faithful: You won’t have the bears to kick around anymore.Most Read from BloombergRussia Is Disregarding IAEA Advice to Power Down Ukraine ReactorUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalApple...