Semiconductor shares have led the US stock market’s recovery over the past three months even as the outlook for the industry darkened, leading to plenty of skepticism that the rally can go much further in the short term.
Tesla Inc. cut prices across its lineup in the US and major European markets in the carmaker’s latest effort to stoke demand after several quarters of disappointing deliveries.
Delta Air Lines Inc. forecast first-quarter profit short of Wall Street’s estimates, dragging down the carrier’s shares as higher costs deal a blow to its efforts to further capitalize on a rebound in air-travel demand.
After enduring a 92% collapse in assets during the quant industry’s dark days, a onetime poster child for everything wrong with systematic investing is mounting a comeback.
Germany will make a decision on sending Leopard battle tanks to Ukraine in the next week, as European allies assess how to help the government in Kyiv in the event fighting builds in the spring.
When Russia’s richest person was sanctioned in the aftermath of the country’s invasion of Ukraine, both JPMorgan Chase & Co. and Goldman Sachs Group Inc. had to decide whether to stop managing money for the UK charity set up by Vladimir Potanin before the war.
Federal Reserve Bank of Atlanta President Raphael Bostic said he’s leaning toward supporting a smaller interest-rate hike at the Fed’s next meeting following Thursday’s report showing a further slowing in inflation.
Project would be second one to get federal support as the US seeks to create its own supply chain of metal vital for clean energy.
A recession in the US won’t necessarily spell bad news for stocks in the aftermath of their biggest annual decline since the global financial crisis, according to Goldman Sachs Group Inc.’s wealth-management business.
The UK could outperform the US as an investment destination in 2023 because of the pound’s decline and the greater returns that companies offer, according to Blackstone Inc.’s Jonathan Gray.
