Bank Investors Disappointed as Interest Rates Rise
Despite the increase in interest rates, bank investors are disappointed as bank stocks plummet and concerns about peaking net interest income arise.
- Thursday, October 17, 2024
News
European Stocks Experience Decline
European stocks faced a decline with Stoxx Europe 600 down 1.03%. Top decreases: Edenred SE (-11%), Sampo Oyj (-9.4%), Oersted A/S (-6.9%). Top increa...
Andrew R. Michaud
Bain Capital to Invest $200 Million in Vietnamese Conglomerate Masan Group
Bain Capital, a leading global private investment firm, will invest $200 million in Vietnam's Masan Group to improve its financial position. Masan Gro...
Andrew R. Michaud
The Impact of Social Media Platforms on Fake News
European Union official highlights the spread of fake news on social media and calls for major platforms to take action. A study reveals Twitter's hig...
Andrew R. Michaud
AbbVie's Venetoclax Misses Key Goal in Phase 3 Study for Multiple Myeloma Patients
A recent Phase 3 study by AbbVie reveals that their cancer drug, venetoclax, in combination with dexamethasone did not significantly improve progressi...
Andrew R. Michaud
Asia-Pacific Stocks Mixed on September 29
Asia-Pacific stocks had mixed performance on September 29 with declines in Hong Kong and Japan while other indices saw gains.
Andrew R. Michaud
Higher Oil Prices Expected to Continue
Survey of analysts predicts higher oil prices due to production cuts. Crude oil prices surge due to supply constraints. Impact of supply cuts from Sau...
Andrew R. Michaud
Trimble and AGCO Form Smart-Farming Joint Venture
Trimble and AGCO have formed a joint venture to compete with Deere in the smart-farming sector, benefitting farmers and investors. Precision agricultu...
Andrew R. Michaud
GameStop Stock Rises After Ryan Cohen Becomes CEO and President
GameStop stock surges as Ryan Cohen is appointed CEO and president, raising hopes for the company's revival. Analysts remain cautious.
Andrew R. Michaud
Micron Technology: A Promising Stock Despite Margin Outlook
Micron Technology's margin outlook has raised concerns, but UBS analyst remains optimistic about the company's growth potential in the memory chip ind...
Andrew R. Michaud
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