Market News

Investors who use a 60/40 portfolio had a rough year. In the past, putting 60% in stocks and 40% in bonds has often helped investors hedge against losses in either asset class. But 2022 had other ideas.

Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, has increased by 15% over the last ten trading days (two weeks) and currently stands at around $25.

Microsoft stock (NASDAQ: MSFT) has lost 6.7% in the last week, underperforming the S&P 500 (up 1.2%).

Royal Caribbean stock (NYSE: RCL) has rallied by almost 10% over the last week (five trading days) although it remains down by about 5% over the past month (about 21 trading days).

TCS has hired 42,000 freshers in FY23 so far, which means that it hired only about 7,000 employees in the third quarter over the 35,000 done in the first half. It may hire a few thousand more in the fourth quarter or it ...

Jonathan Pruzan's departure narrows a race to succeed the bank's chief executive.

Other crypto firms like Genesis and Huobi have laid off employees recently.

Franchise Group is considering going private in a so-called management buyout, people familiar with the matter said. The firm is separately eyeing a potential deal to acquire furniture chain Conn's.

Changes to income-driven repayment plans would allow more borrowers to make lower monthly payments and wipe out debt faster.

In a preview for other investment banks, Jefferies reported solid results with one notable exception.

According to NextEarningsDate.com, the NetflixNFLX next earnings date is projected to be 1/19 after the close, with earnings estimates of $0.44/share on $7.82 Billion of revenue.

Nikhil Wahi, the brother of a former Coinbase Global employee, is sentenced after pleading guilty to fraud.

If all the hype around ChatGPT, Dall-E, Tesla's Fully Self Driving mode and *ahem* Q.ai, has shown us anything, it's that artificial intelligence is here to stay.

Elon Musk's other, other company in the news right now, SpaceX, recently completed a round of funding at a valuation of $137 billion. Here is what the rocket engineers will do with the money, and whether this represents ...

The LME should bolster oversight of trades that take place outside its trading systems, says an outside review.

When a market is up for grabs, the risk often is not inefficiency - the real risk is playing too safe

What were the newest and most exciting artificial intelligence breakthroughs on display at CES? Here are the highlights from self-driving strollers to the latest smart ovens, all enhanced with AI.

This is commonly done as people want to create life interest in favour of their spouse, and create an ownership interest in favour of their children.

Japanese yields matter partly because it is a very large market and partly because the cap has attracted a lot of foreign speculators.

It was in 2005 that Shyam Sunder and Priya Sunder started PeakAlpha Investment Services

The investment giant struck its first takeover in more than seven years, acquiring stock-plan software company Shoobx Inc.

2022 has been a year of price and time consolidation for stock markets; hence, the returns for many mutual funds would be subdued and even negative. .As of December 31, 2022, the asset under management (AUM) stood at ₹...