The S&P 500 in 2024: Possible Decline Ahead
The S&P 500 has shown gains in 2024; however, the rise in bond yields introduces a heightened risk of a significant decline for the index. Continuing the Rally In January,…
Troubled Chinese Property Developer Country Garden Holdings Seeks to Raise Funds Through Property Sales
Country Garden Holdings, a troubled property developer based in Foshan, China, is looking to sell several properties in Guangzhou city for up to 3.82 billion yuan ($534.5 million). This move…
ServiceNow Exceeds Expectations with Strong Q4 Results
In a recent announcement, ServiceNow revealed that its subscription revenue in the fourth quarter surpassed management's expectations, leading to an increase in its guidance for this key financial metric. The…
Santos Reports Strong Finish to 2023
Santos, the oil and gas company, announced that its fourth-quarter production saw a modest increase compared to the prior quarter, marking a strong end to 2023. However, it highlighted the…
Rising Rents Leave Record Number of Renters Struggling
A recent report by the Joint Center for Housing Studies of Harvard University has shed light on the alarming increase in rental costs over the past few years, leading to…
Asia-Pacific Stocks Show Mixed Performance
Asia-Pacific stocks experienced mixed performance on Thursday, Jan. 25, with Hong Kong's shares leading the gains for the third consecutive session. Hong Kong The Hang Seng Index (HK:HSI) of Hong…
Snam Increases Investment in Energy Transition Initiatives
Snam, the prominent Italian gas grid operator, has unveiled its new strategic plan for 2023-2027, outlining a substantial increase in spending on energy transition businesses and infrastructure. The company plans…
Dow Inc. Reports Fourth Quarter Results
Dow Inc., a leading chemicals company, announced on Thursday that it has experienced a net loss of $105 million, equivalent to 15 cents per share, in the fourth quarter. This…
The European Central Bank’s Decision on Interest Rates
By Brian Swint The European Central Bank (ECB) has announced that it will be leaving interest rates unchanged for the time being. This decision comes as both the U.S. Federal…
CME Group Stock Outperforms Market in 2023
CME Group, the operator of financial-derivatives exchanges including the Chicago Mercantile Exchange and Chicago Board of Trade, demonstrated strong performance in 2023. Its stock experienced a notable 25% gain, surpassing…
European Central Bank’s Confidence Despite Dissatisfaction
European Central Bank President Christine Lagarde addressed concerns and expressed confidence in the institution during a recent press conference. While she carefully avoided discussing potential interest rate cuts, she did…
Demand for AI Chips Soars
Nvidia CEO Jensen Huang recently remarked that the demand for artificial intelligence (AI) chips is on the rise. According to Huang, AI is the "rebirth of the industry," with Taiwan…