Citi Says Buyers Plow $21 Billion Into US Stocks
Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.
Investors are boosting their bullish bets on US equities, making positioning increasingly “one-sided,” according to Citigroup Inc. strategists.
Dick’s Sporting Goods Inc. jumped after reporting profit that surpassed Wall Street’s expectations, a sign the athletic retailer is maintaining its momentum despite consumers’ broader pullback from discretionary spending.
Societe Generale SA’s long-suffering shareholders are counting on the arrival of a new chief executive officer to reinvigorate France’s worst-performing bank stock since the 2008 financial crisis.
As US politicians hold talks to avoid a historic debt default, PGIM Fixed Income has spotted an opportunity to bet on the next crisis.
ByteDance Ltd.’s TikTok is “on track” with its undertaking to have all US user data hosted and overseen by Oracle Corp., as the Chinese tech behemoth struggles to win over critics worried about the national security implications of its hit video app.
OpenAI Chief Executive Officer Sam Altman said part of the reason for his current tour of European cities is to discover a suitable location for a new office.
Former US Treasury Secretary Steven Mnuchin said an agreement is within reach on a debt deal to avoid a catastrophic US default.
Qatar may help Hungary purchase Budapest Airport Zrt., a multi-billion dollar endeavour that has been stalled for two years because of a ballooning budget deficit, Prime Minister Viktor Orban said.
Qatar warned that governments’ energy-transition policies will discourage investment in fossil fuels and lead to scarcities of natural gas in the coming decade, including in Europe.
Three years ago, a global pandemic triggered a so-called “she-cession,” as millions of women lost their jobs or left the workforce to care for loved ones. Now, they’re leading the recovery.