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wall street

Previewing the Market: 10 Key Factors That Will Shape Wednesday’s Trading

by Craig Fedirighi
Previewing the Market: 10 Key Factors That Will Shape Wednesday’s Trading

Indian equities fell on Tuesday, breaking their two-day winning streak, as investors turned cautious ahead of the key events — RBI’s monetary policy and the US inflation data — due …

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Categories Business

Moody’s Downgrades Ratings of 10 U.S. Banks and Flags Downgrade Watch for Prominent Names

by Adrian Jhonsan
Moody’s Downgrades Ratings of 10 U.S. Banks and Flags Downgrade Watch for Prominent Names

A general view of the New York Stock Exchange (NYSE) on Wall Street in New York City on May 12, 2023. Angela Weiss | AFP | Getty Images Moody’s cut …

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Categories World

Berkshire Hathaway’s Strong Earnings Boost Stocks, While Buffett’s Cash Reserves Reach Near-Record Levels

by Adrian Jhonsan
Berkshire Hathaway’s Strong Earnings Boost Stocks, While Buffett’s Cash Reserves Reach Near-Record Levels

Warren Buffett, Berkshire Hathaway CEO and chairman. Cnbc | Nbcuniversal | Getty Images Berkshire Hathaway shares rallied Monday following a strong quarterly report that showed a rebound in insurance operations …

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Categories World

Q2 2023 Earnings Report of Berkshire Hathaway BRK

by Adrian Jhonsan
Q2 2023 Earnings Report of Berkshire Hathaway BRK

Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Berkshire Hathaway on Saturday reported a solid increase in second-quarter …

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Categories World

JPMorgan retreats from recession prediction despite significant risks.

by Adrian Jhonsan
JPMorgan retreats from recession prediction despite significant risks.

JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While noting that risks are …

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Categories World

IEP halves quarterly dividend, resulting in a 30% drop in Carl Icahn’s company stock.

by Adrian Jhonsan
IEP halves quarterly dividend, resulting in a 30% drop in Carl Icahn’s company stock.

Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016. Heidi Gutman | CNBC Shares of Carl Icahn’s conglomerate Icahn Enterprises experienced a sharp …

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Categories World

Warren Buffett Remains Unconcerned About Fitch’s U.S. Downgrade

by Adrian Jhonsan
Warren Buffett Remains Unconcerned About Fitch’s U.S. Downgrade

Warren Buffett shrugged off Fitch’s U.S. credit rating downgrade, noting it doesn’t change what his conglomerate, Berkshire Hathaway, is doing at the moment. “Berkshire bought $10 billion in U.S. Treasurys …

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Categories World

Important Market Indicators: Key Factors Influencing Friday’s Trading Activity

by Craig Fedirighi
Important Market Indicators: Key Factors Influencing Friday’s Trading Activity

Benchmark Sensex plummeted by 542 points to reach a four-week low, while Nifty closed below the 19,400 level, extending their losses for the third consecutive day on Thursday in line …

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Categories Business

Key Factors Impacting Thursday’s Market Performance: A Comprehensive Technical Analysis

by Craig Fedirighi
Key Factors Impacting Thursday’s Market Performance: A Comprehensive Technical Analysis

Equity benchmark indices Sensex and Nifty fell by 1% on Wednesday on weak global market trends and continuous foreign fund outflows. Fitch Ratings has downgraded the United States government’s credit …

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Categories Business

Global markets sink due to U.S. debt downgrade, but economists remain unconcerned

by Adrian Jhonsan
Global markets sink due to U.S. debt downgrade, but economists remain unconcerned

Traders work on the floor of the New York Stock Exchange, June 29, 2023. Brendan McDermid | Reuters Global stock markets tumbled on Wednesday after ratings agency Fitch downgraded the …

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Categories World
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