China’s central bank governor has signalled that the door remains open for Ant Group’s stock market debut.
Ant, backed by billionaire founder of e-commerce giant Alibaba Jack Ma, was set to list its shares in November.
The U.S. economy and stock market have been on a tear. But corporate profits may not be able to keep up, Morgan Stanley Wealth Management’s Lisa Shalett warned.
“In fact, we see expectations for corporate profits may have gotten ahead of what is achievable, especially as the economy approaches full...
Bitcoin circled $23,500 on Feb. 4 as bulls refused to give up support in out-of-hours trading.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Bitcoin price conjures 2020 memories
Data...
European stocks closed higher on Wednesday as positive market sentiment continues amid a busy week of earnings reports.
The pan-European Stoxx 600 closed up over 0.3%, with autos adding 2.7% to lead gains as most sectors ended the session...
In volatile times for the stock market, investors need to know the best-positioned stocks in each sector for when they want to do some buying.
That's why CNBC's Jim Cramer has been rolling out sector-by-sector power rankings, his selections of the top five most investable stocks in each market group...
Sorry investors, you might be jumping the gun on your rush to snap up anything related to the budding world of artificial intelligence, and you should be prepared for the bubble to burst this year.
Wall Street in recent weeks has become fixated on the potential for AI to reshape whole industries,...
Shares in Asia-Pacific were higher on Wednesday as Chinese stocks led gains among the region’s major markets.
By the market close in mainland China, the Shanghai composite gained 1.43% to 3,655.09 while the Shenzhen component advanced 2.122% to 15,962.25....
Markets are in a frenzy, the rest of the global economy is slowing down and there are little signs of inflationary pressures building in the system. Everybody knows this is a terrible time for the Federal Reserve to be raising interest rates, right?
Not so fast.
While the number of fists...
Earnings from retail giants Walmart (WMT) and the Home Depot (HD) this week, along with the latest update on the Federal Reserve's preferred inflation measure and the minutes from the Fed's latest policy meeting will be highlights in the holiday-shortened week ahead.
U.S. stock and bond markets will be closed...
Bitcoin prices climbed to a fresh record today, surpassing $55,000 as the digital currency continued its strong, upward trend.
The cryptocurrency, which recently surpassed a market capitalization of $1 trillion, reached $55,707.21 this afternoon, according to CoinDesk data.
