Market News

FTX's failures are rooted in "hubris, incompetence, and greed," the new management team said in a report outlining scathing details about the lack of financial controls.

The top line primarily suffered due to a drop in market valuations and the negative impact of foreign exchange movement, hurting the Assets under Management (AuM).

Exxon Mobil is predicting that the market for low carbon clean energy is going to be worth trillions over the next decade.

The disclosures, by Rep. Earl Blumenauer (D., Ore.) and Rep. Nicole Malliotakis (R., N.Y.), mark the latest instance of congressional stock trading intersecting with official business.

The hurdle rate implies the minimum rate of return mandated by an investor or a fund manager to charge performance fee.

An individual who is a citizen of India and not liable to tax in any other country or territory has total income, other than from foreign sources, exceeding ₹15 lakh during the said FY, shall be a deemed resident of In...

Loans before 2020 have a significantly higher markup than those issued recently

Kamath believes that markets are expensive, has increased his allocation to gold from 2% in 2021 to 15% last year

In January and February, central banks collectively bought a net 125 tonnes of the metal, the highest amount for the year-to-date period since banks became net buyers in 2010.

EXPE stock has declined from around $181 to $91 over the last twelve months, underperforming the broader indices, with the S&P falling about 9% over the same period.

ChatGPT is exciting but after rising 19% in 2023, does Microsoft stock already reflect its financial lift?

That could all change this week though with a bunch of economic data scheduled to be reported and then banks reporting earnings starting on Friday Last Friday's jobs report had investors on edge, not just because of the ...

We believe UPS stock (NYSE: UPS) and its peer FedEx stock (NYSE: FDX) will offer similar returns in the next three years.

TrueUSD's market value surged after Binance started to heavily promote the token.

The stable city-state of Singapore is a favourite destination

Mobile stock continues to outperform its wireless peers this year, rising by about 7% year-to-date, compared to Verizon, which has remained roughly flat, and AT&T which has gained about 6% over the same period.

Warner Bros., Disney and even Netflix are trying to make their content spending go further.

Markets across Europe and in Hong Kong were closed Monday for the Easter holiday, while trading in the U.S. will proceed as usual

L'Oreal stock has risen from $72 in early January to $92 now.

Bearish positioning and less exposure to the large technology stocks hurt active fund managers.

Bond losses such as those at Silicon Valley Bank could have been raised as "critical audit matters"--a measure designed to help investors decode risks and uncertainties buried in financial statements.

FCX, one of the largest producers of copper, has seen its stock underperform a bit over the last month, falling by 7% compared to the S&P 500 which was up 1%.