Momentum
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A relentless rally in U.S. stocks is showing few signs of slowing into year-end, even as rising valuations and signs of excessive speculation fuel worries that a pullback may be overdue. The notched its 57th record close of the year on Friday…
Charli XCX previewed her new remix album at Storm King Art Center in upstate New York.The picturesque event marked the official transition from “Brat summer” to “Brat autumn.”Likewise, “Brat and It’s Completely Different But Also Still Brat” aims to extend her dominance. “We’re fine art bitches now!”Such is how Charli…
By Eric Onstad LONDON (Reuters) – The London Metal Exchange is being left behind in the race to dominate trade in metals used for EV batteries such as lithium and cobalt as other exchanges gain momentum, capitalising on a shift from annual fixed-price contracts to hedging with futures. The LME…
Investing.com — US stocks gave up some gains on Friday as investors digested economic data showing that the Federal Reserve’s preferred inflation gauge had slowed closer to its 2% target and consumer spending growth was broadly steady. At 1:07 ET (1707 GMT), the benchmark fell 0.03%, the 30-stock gained 205 points…
By Daniel Leussink TOKYO (Reuters) – Demand for hybrids is likely to deliver another quarter of double-digit growth for Japan’s Toyota Motor (NYSE:) when it reports earnings on Thursday, although it is expected to show signs of slowing after a run of record profits. Analysts will be paying close attention…
In a recent series of investor meetings in the US, Infosys’ CFO and Financial Controller shared optimistic updates on the company’s progress and future outlook. According to BofA, Infosys (NS:) is tracking well for the first quarter of FY24, thanks to the ramp-up of several major deals initiated in March.…
As the year began, Bernstein anticipated a shift in leadership from Indian to Chinese equities, a prediction that has materialized with the index rising approximately 26% since its January low, compared to a 12% increase in the MSCI India index. The near-term outlook for India remains challenging relative to other…
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