Business

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Euro zone inflation rate slides to 9.2% as energy price surge cools

Euro zone inflation rate slides to 9.2% as energy price...

Headline inflation came in at 9.2% year-on-year in December, according to preliminary...

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Automakers are cautiously optimistic for rebound after worst new vehicle sales in more than a decade

Automakers are cautiously optimistic for rebound after...

Automakers are hoping last year's new vehicle sales — the worst in more than a decade...

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UK stock funds lost a record $10 billion last year, new research shows

UK stock funds lost a record $10 billion last year, new...

U.K.-focused equity funds saw $10 billion in outflows through the year, much higher...

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JPMorgan downgrades Silvergate Capital, says crypto bank's huge withdrawals can hurt stock long term

JPMorgan downgrades Silvergate Capital, says crypto bank's...

Higher-than-expected deposit withdrawals by customers at Silvergate Capital is ringing...

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Southwest Airlines expects to post loss after mass cancellations

Southwest Airlines expects to post loss after mass cancellations

Southwest said on Friday it expects to report a fourth-quarter net loss after a...

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These 6 Club stocks look reasonably priced as Wall Street shuns high flyers

These 6 Club stocks look reasonably priced as Wall Street...

The Club is growing increasingly worried about some richly valued companies in our...

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KeyBanc says former meme stock Bed Bath & Beyond will fall to 10 cents after bankruptcy warning

KeyBanc says former meme stock Bed Bath & Beyond will fall...

Don't be surprised if this damaged retail stock falls as low as 10 cents a share,...

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5 things to know before the stock market opens Friday

5 things to know before the stock market opens Friday

Here are the most important news items that investors need to start their trading...

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BofA top banker Rick Sherlund predicts 2023 tech comeback, delivers bullish software call

BofA top banker Rick Sherlund predicts 2023 tech comeback,...

With the Nasdaq on the cusp of a five-week losing streak, Bank of America top tech...

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Traders who bet against stocks made a killing in 2022, as short sellers netted $300 billion

Traders who bet against stocks made a killing in 2022,...

Short holdings had a return of 30.8% in 2022 as the market slid.

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Goldman Sachs reveals 7 under-the-radar global stocks to buy this year

Goldman Sachs reveals 7 under-the-radar global stocks to...

Goldman Sachs expects the stocks to benefit from a "growing urgency" to meet sustainability...

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Citi's Chronert says a recession is near; shares his 'top conviction calls' to tough it out

Citi's Chronert says a recession is near; shares his 'top...

U.S. Equity Strategist Scott Chronert expects a recession in the first half of this...

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Shell to pay $2 billion in additional EU, UK taxes for the fourth quarter

Shell to pay $2 billion in additional EU, UK taxes for...

Oil and gas major Shell said Friday it expects to pay an extra $2 billion in "recently...

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Tesla suppliers' shares jump as electric automaker cuts prices for some models in China

Tesla suppliers' shares jump as electric automaker cuts...

Tesla slashed prices of some models in China for a second time in 3 months, and...

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Energy will be the big winner of 2023, investor says — and names the stocks to cash in

Energy will be the big winner of 2023, investor says —...

Veteran investor Louis Navellier explains why he's "very bullish" on energy stocks.

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China's big cities are starting to look past Covid, while rural areas brace for infections

China's big cities are starting to look past Covid, while...

China will likely be able to live with Covid-19 by the end of March, based on how...

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EU recommends that travelers from China be required to take a Covid test before entering Europe

EU recommends that travelers from China be required to...

European nations agreed to recommend imposing new restrictions on travelers from...

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Cowen downgrades Coinbase as crypto companies face elevated scrutiny after FTX implosion

Cowen downgrades Coinbase as crypto companies face elevated...

It's time to take a pause on shares of Coinbase as the company faces potential scrutiny...

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China to open border with Hong Kong on Sunday

China to open border with Hong Kong on Sunday

Before the coronavirus emerged in China in late 2019, there were more than 236 million...

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California storm prompts evacuation orders as state braces for flooding

California storm prompts evacuation orders as state braces...

Another round of heavy rain and snow fueled by atmospheric rivers will pound the...

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Buy Microsoft as latest investment can help it end Google's search dominance, D.A. Davidson says

Buy Microsoft as latest investment can help it end Google's...

Microsoft's investment in this artificial intelligence platform should offer "significant...

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Apple supplier Luxshare rises after reportedly winning contract to produce luxury iPhones

Apple supplier Luxshare rises after reportedly winning...

Luxshare stocks rose after a report said the supplier is set to sign a contract...

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Fanatics is divesting its 60% stake in NFT company Candy Digital

Fanatics is divesting its 60% stake in NFT company Candy...

Michael Rubin's sports platform company Fanatics is divesting its 60% stake in NFT...

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Citi is bearish on lithium — at least for the near term. But it's giving some stocks big upside

Citi is bearish on lithium — at least for the near term....

The bank isn't turning fully negative on lithium, saying it's bullish on its long-term...

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Samsung expected to post lowest quarterly profit in years due to memory chip 'market carnage'

Samsung expected to post lowest quarterly profit in years...

Samsung's profit could nosedive in the fourth quarter as memory prices have plunged...

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Amazon says it will cut over 18,000 jobs, more than initially planned

Amazon says it will cut over 18,000 jobs, more than initially...

Amazon has decided to get rid of additional roles after committing to a round of...

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Tech's had a brutal year. But four stocks have a bright future, investor says

Tech's had a brutal year. But four stocks have a bright...

Tech stocks were heavily sold off in 2022, but investment pro Jason Ware remains...

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Bank of America sees 50% upside in this global fertilizer stock due to a worldwide shortage

Bank of America sees 50% upside in this global fertilizer...

The Wall Street bank says the global fertilizer maker commands a 55% profit margin...

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Hong Kong stocks are off to their best start since 2018 on China recovery hopes

Hong Kong stocks are off to their best start since 2018...

Property and technology stocks continued to lift the Hang Seng index, which rose...

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Cox to launch national mobile business, joining cable rivals Comcast, Charter and Altice

Cox to launch national mobile business, joining cable rivals...

Cox Communications plans to announce the national launch of Cox Mobile for its customers...

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A bad market omen: Apple and Tesla denting market sentiment to start the year

A bad market omen: Apple and Tesla denting market sentiment...

It was a sloppy start to the year for stocks, and the steep decline in two market...

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Wolfe Research downgrades Goldman Sachs, sees greater upside in other banks such as Wells Fargo

Wolfe Research downgrades Goldman Sachs, sees greater upside...

There's "less compelling" upside for Goldman Sachs in 2023, according to Wolfe Research.

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Upstart Chinese electric car brand delivered more cars than Nio in 2022

Upstart Chinese electric car brand delivered more cars...

Another budget-priced electric car brand is taking off in China, this time selling...

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The UK recession will be almost as deep as that of Russia, economists predict

The UK recession will be almost as deep as that of Russia,...

The U.K.'s economic contraction in 2023 will be almost as deep as that of Russia,...