News

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07 Jan 2025 04:45

Bridgewater Associates Cuts 7% of Its Workforce

Daily News

According to a knowledgeable individual on the matter, Bridgewater Associates has laid off 7% of its workforce. The person, who wished to remain anonymous, stated...

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07 Jan 2025 04:45

Automotive Market Grows by 7.3% in December

Daily News

Foreks - The market for cars and light commercial vehicles in December 2024 increased by 7.3% compared to December 2023, reaching 170,249 units. According to data...

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07 Jan 2025 04:45

HSBC: Uncertainty in Tariffs Likely to Slow Manufacturing Sector Investments in Asia

Daily News

HSBC economists argued that uncertainty regarding the development of the U.S. tariffs during the Trump era will slow down foreign direct investments in Asia and a...

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07 Jan 2025 04:40

Inflation Rises in the Philippines, Yet Aligns with BSP Expectations

Daily News

In December, inflation in the Philippines rose above expectations; however, it sharply fell compared to the previous year, in line with the forecasts of the Bangk...

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07 Jan 2025 04:40

AMD Unveils New AI-Powered Computer and Gaming Chips at CES 2025

Daily News

Foreks - AMD (NASDAQ:AMD) is showcasing its latest artificial intelligence computer and graphics chips at CES 2025 in Las Vegas. On Monday, the company announced ...

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07 Jan 2025 04:30

According to Jefferies, the Pentagon's list does not carry immediate sanctions impact.

Daily News

Jefferies analysts noted that the Pentagon's move to expand the list of companies operating in China with military characteristics might not lead to any sanctions...

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07 Jan 2025 04:30

Construction Approvals in Australia Come in Weaker than Expected

Daily News

Forex - In Australia, building approvals fell short of expectations in November, weakening hopes for a recovery in housing supply to accommodate increasing migrat...

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07 Jan 2025 03:50

Samsung Electronics Plans to Boost Artificial Intelligence in Consumer Electronics

Daily News

Samsung Electronics plans to increase its artificial intelligence efforts in devices to surpass global market growth in the consumer electronics segment this year...

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07 Jan 2025 03:35

Capital Economics Expects a Gradual Slowdown in China's Government Bond Yields Decline

Daily News

Foreks - James Reilly from Capital Economics stated that despite the yields on Chinese government bonds, including the 10-year yield, dropping to a record low of ...

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07 Jan 2025 03:25

Citi Economists Anticipate Rising Unemployment Rates in the U.S.

Daily News

Citi's economists are more pessimistic than most about the state of the labor market and have a bleak forecast for the December employment report set to be releas...

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07 Jan 2025 03:20

Fed Board Member Barr to Resign from Oversight Vice Chair Position

Daily News

According to a statement from the Fed, Vice Chair Michael Barr will step down from his position as Vice Chair for Supervision on February 28 or potentially earlie...

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06 Jan 2025 21:43

Denali Therapeutics' ALS Study Fails to Meet Primary Goal; Shares Plunge 19% After Market Close

Daily News

Investing.com -- Biopharmaceutical company Denali Therapeutics experienced a 19% decline in after-hours trading following the announcement that its amyotrophic la...

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06 Jan 2025 21:29

Beta Bionic's IPO Application: A Step Towards Public Offering

Daily News

(Update - January 6, 2025, 4:28 PM EST)
Beta Bionic (BBNX) has filed for an initial public offering (IPO).
The company describes itself as: "We are a commerci...

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06 Jan 2025 21:26

Inari Medical Shares Surge Following $4.9 Billion Stryker Acquisition Deal

Daily News

Inari Medical (NASDAQ:NARI) shares rose today following the announcement that leading medical technology player Stryker (NYSE:SYK) has signed a definitive agreeme...

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06 Jan 2025 21:19

Meta Appoints UFC's Dana White and Others to Its Board of Directors

Daily News

MENLO PARK - Meta Platforms Inc (NASDAQ:META) has announced the appointment of three new members to its board of directors, expanding its leadership team with sig...

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06 Jan 2025 20:46

First Death from H5N1 Bird Flu in the U.S. Occurs in Louisiana

Daily News

The Louisiana Department of Health confirmed on Monday the death of a patient who was the first human case of the H5N1 bird flu virus in both Louisiana and the Un...

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06 Jan 2025 20:23

Plug Power Shares Surge as Tax Credit Rules Are Eased

Daily News

Plug Power shares rose 20% today, building on Friday's 13% gain. This increase follows the Biden administration's decision to relax certain regulations regarding ...

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06 Jan 2025 20:23

Stryker in Advanced Talks to Acquire Inari Medical - Reuters

Daily News

Investing.com -- Medical device manufacturer Stryker is reportedly in the final stages of negotiations to acquire Inari Medical, a company that produces devices f...

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06 Jan 2025 20:19

S&P 500 Faces Resistance, BTIG Sees Potential for a Pullback

Daily News

BTIG analysts have shared their views on recent market movements, noting that the S&P 500 Index (SPX) has returned to a downward trend from its all-time high. Fol...

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06 Jan 2025 20:16

BofA Sees Limited Inflation Risk in Turkey, Expects Rate Cut from Central Bank

Daily News

Turkey's inflation rate for December stood at 1.03%. This figure fell short of the consensus estimate of 1.6% and Bank of America's (BofA) forecast of 1.5%. The s...

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06 Jan 2025 19:49

American Airlines Shares Soar on Analyst Upgrades

Daily News

Investing.com -- American Airlines (NASDAQ: AAL) shares rose by 4.5% on Monday. This increase was supported by a series of upgrades from Wall Street analysts who ...

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