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SPX
Apr 11, 2023 - BYD, the electric vehicle manufacturer backed by Warren Buffett’s Berkshire Hathaway, has introduced a new driver-assist technology that stabilizes car rides through rugged terrain, sharp turns, and shallow water.
SPX
Apr 11, 2023 - Warren Buffett has increased his stakes in five major Japanese trading houses and may increase them even further, contributing to a rise in their shares.
SPX
Apr 11, 2023 - Economists are warning of an impending recession and deflation as money supply growth collapses in the UK, eurozone and US, contradicting mainstream consensus that the global economy is picking up.
SPX
Apr 11, 2023 - LPL Financial's Barry Gilbert suggests it's time to reconsider the 60/40 portfolio, a strategy of 60% stocks and 40% bonds, as bonds are looking more likely to return to their historical role as a portfolio diversifier.
SPX
Apr 11, 2023 - Swedish pension fund Alecta has fired CEO Magnus Billing after experiencing significant losses from investments in several US banks, leading to damage to trust in the company's asset management.
SPX
Apr 11, 2023 - The US jobs report was released on a holiday Friday, and investors are closely analyzing the details of the report as the labor market remains resilient but the economy is cooling.
SPX
Apr 10, 2023 - The downturn in the US commercial real estate market is causing concern for investors and regulators alike, with falling values of properties such as offices potentially creating ripple effects and adding to the pain for banks.
SPX
Apr 10, 2023 - A surprise production cut from OPEC+ oil producers, including Saudi Arabia, may complicate the Federal Reserve's mission to combat inflation and potentially worsen it.
SPX
Apr 10, 2023 - Tesla is building a Megapack battery factory in Shanghai, China, to supplement its California factory, as it looks to increase its investment in China amid growing political tension between Beijing and Washington.
SPX
Apr 10, 2023 - Short sellers made over $7 billion in profit from the mass sell-off of bank shares in March, the largest gain since the 2008 financial crisis.
SPX
Apr 10, 2023 - The CEO of MarketAxess believes that there are signs of an impending influx of Treasury ETFs.
SPX
Apr 10, 2023 - Investors' previous welcoming signs of a slowing economy may no longer mean good news for the stock market due to fears of a potential recession.
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