Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed higher following strong results from Cartier owner Richemont.
Richemont delivered stunning holiday quarter performance with luxury jewelry sales up 14%, while Signet reported holiday accessible/mass-market jewelry sales down 2%.
Global equities mostly pushed higher on Thursday as strong earnings and inflation data reassured investors. US equities had rallied on Wednesday thanks to strong bank earnings and inflation data that provided a much-needed shot of relief to investors,
Market participants better buckle up, for Wall Street is in store for an incredibly busy week. Monetary policy is back in the spotlight, with the Federal Reserve's first interest rate decision of ...
In the context of his full statement, he means the AI haves will be winners, and the AI have-nots will be losers. He's talking in a very broad sense -- from companies to countries. This black-and-white proclamation is much stronger than the usual comments one hears about how important AI will be.
Israel’s Cease-Fires in Lebanon and Gaza Appear Fragile Israeli forces killed at least 15 people and injured dozens more in southern Lebanon on Sunday, Lebanese officials said. In Gaza, Israel ...
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
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"At the World Economic Forum in Davos on Thursday, U.S. President Donald Trump reiterated his threat to use tariffs to bring manufacturing back to the U.S.," said Solita Marcelli, chief investment officer for the Americas at UBS Global Wealth Management, in a note Friday.
On the winning side of Wall Street were Novo Nordisk’s U.S.-listed shares, which jumped 8.5%. The Danish company reported results from a clinical trial of a treatment for people who are overweight or obese, which could mean bigger profits in the future.
U.S. stocks are edging back from their all-time high as they close out a second straight winning week. The S&P 500 fell 0.4% on Friday, a day after setting a
U.S. stocks are hanging near a record as they head for the close of a second straight winning week. The S&P 500 was flat in early trading Friday, a day