Latest in Stock Soars Banks
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The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 12h -
Quantum-computing stocks are soaring as investors place bets on ‘the next big thing’ in tech
A trio of quantum-computing stocks have seen huge gains over the past few months, bolstered by a wave of hype from retail investors looking to cash in on what could be the next big thing in tech.MarketWatch - 9h -
Bank of Canada warns Trump’s tariffs will ‘dramatically’ hit growth
Central bank has slashed borrowing costs five times this year in an effort to combat unemployment and boost growthFinancial Times - 11h -
Monthly rent soars by £270 since pandemic, says Zoopla
The cost of renting rose sharply after lockdown was lifted but the rate of increase is now slowing.BBC News - 18h -
US stocks rally set to slow as investor ‘euphoria’ fades, say big banks
Wall Street strategists forecast S&P 500 will rise 8% by end of next year after big 2024 gainsFinancial Times - 1d -
Stocks are expensive, and nobody cares
How UBS learned to stop worrying and love the rallyFinancial Times - 1d -
United Natural Foods’ stock soars 23% as health-food supplier delivers a surprise adjusted profit
United Natural Foods Inc.’s stock soared 23% Tuesday after the health-food supplier delivered a surprise adjusted profit for its fiscal first quarter and sales that easily beat estimates.MarketWatch - 1d -
Inside Salt Lake City's booming banking industry
CNBC takes viewers on a deep dive into Salt Lake City's booming industrial banking sector.CNBC - 1d -
Thames Water boss defends exec bonuses as sewage spills soar
The company saw a 40% increase in pollution incidents in the first half of the year as its debts continued to swell.BBC News - 1d -
Denmark's Nykredit to Buy Spar Nord Bank
Danish financial services group Nykredit will make a cash bid for Spar Nord Bank in a deal that values the Danish bank at around $3.5 billion.The Wall Street Journal - 1d -
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Rivian’s stock soars 13% after it’s named a strong contender in EV market over next 10 years
Benchmark starts coverage with a buy rating and price target offering a 38% upside.MarketWatch - 2d -
China’s Politburo mentioned these two words for the first time in more than a decade. Stocks soared.
Chinese stocks surged in late Hong Kong trade on Monday in the latest government announcement promising action to boost its stuttering economy.MarketWatch - 2d -
Risers and fallers: Jalen Johnson soars, DeMar DeRozan falters
Which fantasy basketball players are on the rise or trending down? Steve Alexander highlights some names you'll want to track this week.ESPN - 3d -
Lululemon’s stock soars as 16 banks hike their price targets. One bear says sell into the rally.
The athleisure-apparel company’s pivot to bright colors seems to be working.MarketWatch - 5d -
Royal Caribbean’s stock is soaring and this new top bull says keep buying
Royal Caribbean’s stock is flying toward a record weekly win streak, and Wall Street’s new most-bullish analyst explains why you should keep buying.MarketWatch - 5d -
United, Delta’s shares are soaring. How record holiday travel is lifting airline stocks to new heights.
People in the U.S. can’t seem to get enough of air travel, and will forgo other expenses in order to do so.MarketWatch - 5d -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - 5d -
Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - 6d -
Trump’s Pick for SEC Chair Sends Bitcoin and Crypto Optimism Soaring
The President-elect taps regulation-averse former SEC commissioner turned cryptocurrency advocate Paul Atkins to lead the agency, sending the price of Bitcoin past $100,000.Inc. - 6d -
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Crypto prices soar as Trump’s SEC pick stokes hope for more ETFs
President-elect Donald Trump’s nomination of Paul Atkins to chair the Securities and Exchange Commission could usher in a new era of crypto-friendly financial regulation in Washington.MarketWatch - 6d -
OpenAI's active user count soars to 300 million people per week
After months of C-suite changes, tender offers and a soaring valuation, OpenAI has reached a new milestone: 300 million weekly active users.CNBC - Dec. 4 -
Guinness supplies being limited after demand soars
Guinness-maker Diageo has placed limits on wholesale distribution of the stout to pubs in Great Britain after "exceptional demand"BBC News - Dec. 4 -
Terns’s stock soars as analysts cheer leukemia data — and predict more gains
The pharma company now has two positive proof-of-concept trials under its belt, including its weight-loss pill.MarketWatch - Dec. 4 -
Deutsche Bank chief calls for relief on regulation and ‘rethink’ on tax
Call comes amid discontent with Germany’s ruling coalition ahead of snap election in FebruaryFinancial Times - Dec. 4 -
'No Other Land,' from an Israeli-Palestinian alliance, looks at West Bank destruction
Filmmakers overcame assault and lost equipment to finish 'No Other Land,' a documentary about the West Bank. But while it's eligible for an Oscar, it still does not have U.S. distribution.Los Angeles Times - Dec. 4 -
Central banks should tread cautiously with rate cuts, says OECD
Core price pressures and services inflation should make rate-setters wary of cutting too fast, report concludesFinancial Times - Dec. 4 -
City’s new bonus rules will be better for bankers than banks
Gifts for the risk takers and rainmakersFinancial Times - Dec. 4 -
As Okta’s stock soars on earnings, this stat shows its strategy is paying off
In the latest quarter, 15% of Okta’s bookings came from new products, as the company looks to dominate identity management.MarketWatch - Dec. 4 -
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Nigeria’s radical idea for car owners facing soaring petrol prices
The government is encouraging citizens to convert their vehicles to run on compressed natural gasFinancial Times - Dec. 3 -
Wolves in EU lose safeguards, allowing culls as numbers soar
The European Commission says numbers have soared and the animals are now causing damage to livestock.BBC News - Dec. 3 -
Why America’s economy is soaring ahead of its rivals
The country’s outperformance is rooted in long-term productivity growth that is the envy of the developed world. Could Trump’s policies endanger its lead?Financial Times - Dec. 3 -
Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2 -
Bipartisan bill would study AI's impact on banking, housing
A new bill with bipartisan support would commission studies on the use of artificial intelligence (AI) in the banking and housing sectors, where lawmakers have been sounding an alarm about ...The Hill - Dec. 2