by Jennifer George | July 10, 2024 | News, Stocks & Bonds
Tesla’s (TSLA) recent ebbs and flows in the stock market have gained it the title of “meme stock” from Pimco’s chief investment officer and co-founder, Bil Gross. On Tuesday Gross took to X to criticise Tesla’s “sagging...
by Jibran Munaf | July 10, 2024 | News, Stocks & Bonds, Trending Now
Saudi Aramco is looking to raise at least $3 billion from its first bond sale in three years, according to people familiar with the plan. The world’s biggest oil exporter is offering debt with 10-, 30-, and 40-year maturities, according to a person with...
by Jibran Munaf | July 9, 2024 | Commodities, Energy, News
The Guangzhou Futures Exchange (GFEX) said on Tuesday it plans to launch its first platinum and palladium futures contracts in China, the world’s second-largest economy, to offer a domestic price-hedging mechanism. The GFEX will be the first exchange to allow...
by Jibran Munaf | July 9, 2024 | Economy, Market Analysis & Commentary, News
A reading on inflation and the start of second-quarter earnings reports will greet investors after a holiday-shortened week that saw stocks close near record highs. With job growth slowing, investors will be closely watching the release of June’s Consumer Price...
by Jibran Munaf | July 8, 2024 | Markets, News
European stocks fell at the open on Monday as markets reacted to an expected hung parliament in France following a surprise win for a left-wing coalition of parties. France’s CAC 40 slipped 0.4%, and the euro was down 0.13% against the dollar. Deutsche Bank...
by Jibran Munaf | July 5, 2024 | Markets, News, Stocks & Bonds
The BSE Sensex continued its upward trajectory on Thursday, maintaining the rally and closing above the significant 80,000 mark for the first time. This sustained bull run saw both major indices achieving new highs during the session. The Nifty index closed at 24,302...
