Nikada/E+ via Getty Images The Asia-Pacific equity market were mixed on Monday after fresh data showed the Chinese economy grew less than expected in Q2 of 2024 amid mounting internal and external headwinds, and the market participants were also nervous following an assassination attempt on former US President Trump Saturday.Continue Reading
champpixs/iStock via Getty Images Investors, analysts and strategists are considering how the shooting of former President Donald Trump at a campaign rally will affect markets. The Federal Bureau of Investigation is treating the incident as an assassination attempt. The following are reactions to the shooting: “While indications are for relativelyContinue Reading
Mikhail Makarov The firearms sector could be more active than normal on Monday after the assassination attempt on Donald Trump. The presidential candidate said he is “fine,” but a bystander at the rally was killed. An investigation is taking place into how a gunman with an AR-style rifle was ableContinue Reading
hxdbzxy Hedge fund AREX Capital Management announced Friday that proxy advisory firm Institutional Shareholder Services (ISS) has recommended shareholders of Enhabit (NYSE:EHAB) vote for its three board nominees at the upcoming annual meeting. New York-based AREX Capital has been pushing for seven board seats at the home health and hospiceContinue Reading
KanawatTH Nvidia (NASDAQ:NVDA) dropped 4% on Thursday, and was followed by other big tech Magnificent Seven names such as Microsoft (NASDAQ:MSFT), Google (NASDAQ:GOOG)(NASDAQ:GOOGL), Meta (NASDAQ:META), Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) as investors apparently rotated out of the sector. Nvidia’s drop was its largest since June 24. By late afternoon trading,Continue Reading
Igor Kutyaev Five times more capital has flowed into bond funds year-to-date, according to data from the Investment Company Institute. Fund investors added $8.3B long-term last week, 17% more than the prior four-week average of $7.1B. They have added way more to their fixed income holdings so far this yearContinue Reading
Investing.com – (BTC) and (ETH) are now officially recognized as digital commodities by court ruling. A triumph for the crypto community? Perhaps. But lurking behind this apparent victory are deeper, threatening shadows. Court Confirms Commodity Status On Wednesday, Rostin Behnam, Chairman of the US Commodities Futures Trading Commission (CFTC), confirmedContinue Reading
HeliRy/E+ via Getty Images Saltchuk Resources said Wednesday it has completed its takeover of Overseas Shipholding Group (NYSE:OSG), acquiring all shares not already owned for $8.50/share in cash at an enterprise value of ~$950M. Overseas Shipholding (OSG), a provider of liquid bulk transportation services for crude oil and petroleum products,Continue Reading
Laser1987/iStock Editorial via Getty Images Hawaiian Holdings (NASDAQ:HA) rose 6%, gaining for a second day, as investors await to see if regulators will approve or try to block its planned combination with Alaska Air (NYSE:ALK). Some traders told Seeking Alpha that Hawaiian Holdings (HA) rose Tuesday after an options trade.Continue Reading
extravagantni Soft U.K. economic growth is a factor in why many global investors have set aside British stocks, but discounted prices may steer investors into taking another look at the market as the country settles into a new government, according to Morgan Stanley. The Labour Party last week won controlContinue Reading
