Page 33 - Us Markets

Global stocks ease as lockdowns sap momentum, oil prices rebound

Benchmark 10-year U.S. Treasury notes last yielded 1.6207% after reaching 14-month highs last week.

From pet food to video games: Inside Ryan Cohen's GameStop obsession

On the line was Ryan Cohen, the billionaire co-founder and former chief executive of online pet supplies retailer Chewy who is now leading GameStop's push into e-commerce

US futures drop as investors await clues on rebound from Powell, Yellen

Chevron Corp, Occidental Petroleum Corp and Exxon Mobil Corp shed between 1.5 per cent and 3.5 per cent pre-market as oil prices slumped 3 per cent

Cathie Wood's Ark expects Tesla stock price to reach $3000 by 2025

Ark expects Tesla's market capitalization to reach as high as $4 trillion in the best-case scenario, according to a research note published here on Friday

Tesla cars banned by China's military on concerns about cameras

Images of what was purported to be a notice about the ban were also circulating on Chinese social media

Federal Reserve likely to forecast biggest economic boom in a generation

Markets predict the Fed may be forced to act sooner than expected

World stocks firm as stimulus fuels optimism towards economic growth

U.S. S&P500 futures rose 0.25% in early Asian trade, trading just below a record high level touched last week, while Japan's Nikkei ticked up 0.1%

Asian shares advance as yields, inflation fears moderate

Stocks climbed in Asia on Thursday after a key measure of inflation in the US came in lower than expected, easing worries that price pressures could push interest rates higher. Shares rose in Tokyo, Shanghai and Hong Kong but were flat in Sydney. On Wall Street, energy and financial stocks rose while Big Tech shares declined. The S&P 500 added 0.6 per cent and the Dow Jones Industrial Average hit a record high, though tech stocks pulled the Nasdaq slightly lower. The Labour Department reported that US consumer prices, a key measure of inflation at the consumer level, rose 0.4 per cent in February, the biggest gain in six months, led by a jump in gasoline prices. But core inflation, excluding food and energy, posted a much smaller 0.1 per cent gain, easing fears that the inflation might surge as the economy recovers from the pandemic. The timing could not have been better, Stephen Innes of Axi said in a commentary. As Biden's . . . USD 1.9 trillion fiscal stimulus plan was passed

Post stimulus progress, Nasdaq futures slide 2% on inflation jitters

Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1.3% and 3%

International funds in focus as diversification theme gains ground

Sebi's easing of investment norms has encouraged MFs to look at the category more seriously

Never bet against America, says Buffett; reveals $10-billion mist

Singles out Apple among top three valuable holdings; snaps up record $24.7 billion of own stock

GameStop Corp reignites meme stock frenzy with $7.6-billion surge

Video game retailer rose as much as 83% to $168 in New York trading

GameStop rally builds after puzzling ice-cream cone tweet

The sharp moves surprised the market, which thought the excitement behind the recent Reddit-fueled rally had died down

Wall Street opens lower as technology stock declines resume

High-flying growth stocks continued to be pressured by valuation concerns

Janet Yellen favors higher company tax, signals capital gains worth a look

The Fed already conducts tests to address vulnerability to economic or market downturns, and uses the results as a basis for financial institutions' capital requirements

Gamestop mania: Robinhood, Citadel spar with lawmakers over retail trading

The exchange elicited a mea culpa from Tenev, who admitted the brokerage fell short of meeting its customers' needs

Market mayhem: How were more than 100% of Gamestop shares be shorted?

Short sellers borrow shares from brokers and then sell them into the market, with the agreement that they will buy the shares back and return them to the lender at an agreed upon time.

Warren Buffett's Berkshire Hathaway reveals three new secret buys

The company cut its Apple stake, still holds $120 bn

Warren Buffett's favourite valuation metric is ringing an alarm

Any Buffett disciple who checks in on the billionaire investor's favourite market valuation metric these days may get the urge to shriek in terror

US weekly jobless claims edge down as labor market recovery stalls

The number of Americans filing new applications for unemployment benefits inched down last week, consistent with a recent stalling in the labor market recovery.