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Goldman Lifts Kospi Target to 12,000, Upgrades Taiwan to Buy
Goldman Sachs Group Inc. boosted its outlook for South Korean and Taiwanese stocks, as the artificial intelligence boom drives profits in the tech-heavy markets.
India’s Oil Demand Growth Set for Pandemic Low on War Crunch
India’s oil demand growth this year could tumble to its lowest level since the pandemic as the fallout from the Middle East conflict saps fuel …
Copper Declines From Three-Week High as Traders Track Iran War
Copper fell from a three-week high amid pessimism over the outlook for a deal to end the Middle East war.
Guinea’s Simandou Iron Exports Surge Six Months After First Ore
Exports from Guinea’s Simandou iron ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of …
Trump Begins Rebuilding His Tariff Wall Citing Forced Labor
The US is proposing new tariffs of at least 10% on imports from 60 trading partners in President Donald Trump’s biggest move to rebuild his …
India IT Stocks Soar as Nvidia CEO Huang Calms AI Disruption Fears
March-quarter IT earnings point to a gradual pickup in growth, Centrum says.
Gold Slips as Middle East Tensions Keep Inflation Risks Elevated
Gold declined as renewed clashes in the Middle East cast doubt over a US-Iran peace deal, keeping energy prices elevated and inflation concerns high.
Stocks Decline as US-Iran Clashes Drive Oil Higher: Markets Wrap
A renewed advance in oil sent stocks lower as bond yields rose on concern that an escalation of hostilities between the US and Iran will …
SpaceX to Plan Setting IPO Terms as Soon as Wednesday
SpaceX is planning to set the terms of its initial public offering as early as Wednesday afternoon, according to people familiar with the matter, ahead …
GameStop Posted Its Highest Profit Ever By Selling Action Figures and Cards
GameStop Corp. shares climbed as much as 13% in after-hours trading after the video-game retailer reported a record quarterly profit driven by its collectibles business.
Anthopic, OpenAI Should Not Be Allowed to IPO, Says Ed Zitron
Ed Zitron, CEO at EZ Primary Research, said that the risk of balancing the equity market on record public offerings for AI companies that have …
QXO Gets Better Terms on Buyout Debt After Strong Demand
QXO Building Products Inc. saw terms improve on a $6 billion financing package to fund its purchase of rival TopBuild Corp., which attracted more than …
Venezuela Moves to Open Power Sector to Private Investment
Venezuela’s National Assembly debated a reform that would open the country’s electricity sector to private investment, allowing companies to generate, distribute and sell power under …
Bitcoin’s Inflation-Hedging Promise in Tatters After Plunge
Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that …
HPE Rises on Sales Outlook; Victoria's Secret Soars on Profit Beat | …
On this episode of Stock Movers with Alexis Christoforous: - Victoria's Secret (VSXY) shares are soaring after the lingerie maker, now trading under symbol VSXY, …
How the 1987 Crash Changed the Life of Centerbridge's Jeff Aronson
Jeff Aronson was working as a lawyer at LF Rothschild when the 1987 stock market crash put the firm out of business. In this conversation …
Chipmakers Outperform Software Stocks by Most on Record
Semiconductor stocks rallied on Tuesday while software fell, with the gap between the two sub-sectors of the tech industry the widest on record.
Blue Owl Tech Private Credit Fund Is Selling $300 Million Bonds
A private credit fund managed by Blue Owl Capital Inc. is looking to sell $300 million of investment-grade bonds, according to a person familiar with …
India’s Fuel Exports Plunge in May as Domestic Needs Prioritized
India’s fuel exports tumbled to the lowest level in nearly four years in May as a push to ensure domestic supplies during the Iran war …
Citi’s Chew Sees US Tech Stocks at Risk From Bullish Positioning
Extended positioning in US technology stocks is putting investors at risk of a reversal, according to Citigroup Inc. strategists.
Euro-Zone Inflation Surpasses 3% for First Time Since 2023
Euro-area inflation topped 3% for the first time in more than 2 1/2 years, cementing expectations for an interest-rate hike when the European Central Bank …
UBS Offers First AT1 Since Swiss Authorities Paused Reforms
UBS Group AG is set to raise Additional Tier 1 capital in US dollars, its first foray into the market since Switzerland paused plans to …
Bloomberg Retracts Incorrect Story on RBI Gold
Bloomberg News retracted a story published June 2 that was based off an incorrect analysis by Bloomberg Economics. The analysis erroneously used same-day domestic gold …
Japan 10-Year Bond Sale Sees Firmer Demand Than 12-Month Average
Japan’s 10-year government bond auction drew stronger demand than its 12-month average as investors were attracted to high yields despite the ongoing uncertainty in the …
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