MicroStockHub/iStock via Getty Images Over the past year, the boom and bust cycle in many growth stocks has been jarring to watch. Stocks have flown up and doubled or even tripled on the slightest whiff of positive news, driven entirely by momentum and meme trades – and then starting in […]
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Denis_Vermenko/iStock via Getty Images The recent rout in tech valuations has caused many investors to second guess speculative strategies. Nothing goes up forever, and that’s perhaps best reflected by the fact that Cathie Wood’s ARK Innovation ETF (ARKK) is down by 48% since its all-time high reached in February of […]
HSBC Holdings plc HSBC receives regulatory approval from the China Banking and Insurance Regulatory Commission to acquire the remaining 50% stake in its China life insurance joint venture (JV) — HSBC Life Insurance Company Limited. Notably, HSBC Life China was formed in 2009 as a 50:50 JV between HSBC and […]
Goldman Sachs Has a Positive Outlook on These 3 Stocks With volatility on the rise and so many different factors for investors to ponder as the year winds down, it might seem like a daunting task trying to find stocks that are worth adding for 2022. That’s why it makes […]
HSBC has agreed to buy the Singapore unit of French insurance giant Axa as the British banking group expands its foothold in Asia, the companies announced Monday. HSBC makes 90 percent of its profit in Asia and has said it plans to redouble efforts to seize more of the market […]
By Charles Capel and Siddharth Philip on 8/15/2021 Woodside Petroleum crew (Bloomberg) –Woodside Petroleum is in advanced talks to buy BHP Group’s petroleum division for about A$20 billion ($14.7 billion), the Australian Financial Review reported on Sunday, citing people familiar with the matter. Under […]
LRT Capital Management, an investment management firm, published its second-quarter 2021 investor letter – a copy of which can be downloaded here. A return of +29.68% was recorded by the LRT Economic Moat strategy for the Q2 of 2021, extending its 12-month returns to +42.18%. You can take a look […]
News Corp said it expects to get an estimated tax benefit of $180 million as part of the deal. Photo: SOPA Images/Zuma Press News Corp NWS 1.62% has agreed to buy IHS Markit Ltd. ’s Oil Price Information Service, an energy and renewables information-services company, and related assets for $1.15 […]
It looks like International Business Machines Corporation (NYSE:IBM) is about to go ex-dividend in the next 4 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is […]
CONYERS, Ga., July 21, 2021 /PRNewswire/ — As of this year, Novae LLC has become the first Black-owned fintech company to offer Buy Now, Pay Later services to online and offline merchants under the brand Novae Financing. CEO Reco McCambry believes that these services—which are designed to fight inequality faced by […]