8:00 - 19:00

Working hours MON. - FRI.

 

News

Reddit forums get behind Roblox ahead of stock launch By Reuters

(Reuters) - Roblox Corp is set to join the ranks of the so-called "meme stocks" such as GameStop (NYSE:GME) at the center of social media-fueled rallies that have gripped Wall Street when the gaming platform becomes a publicly traded company on Wednesday. The San Mateo, California-based gaming site, whose revenues surged last year as hundreds of millions of kids were marooned...

Continue reading

Financials Move Higher on Tame Inflation as Stimulus Approval Nears By Investing.com

By Dhirendra Tripathi Banking and financial shares were up in Wednesday’s trading as data showed that inflation remained tame last month.  Wells Fargo (NYSE:WFC) shares were up 3%. Citigroup (NYSE:C) shares rose 2.6%, while those of Bank of America (NYSE:BAC) rose 2.2%. JPMorgan Chase (NYSE:JPM) shares gained 1.3%.    The consumer price index rose 0.4%...

Continue reading

Lufthansa to start asset disposal programme with Airplus sale in summer – sources By Reuters

By Arno Schuetze and Ilona Wissenbach FRANKFURT (Reuters) - Lufthansa is planning to launch an asset disposal programme as early as summer with the sale of its 1 billion euro ($1.19 billion) Airplus unit as the German carrier seeks to raise cash to emerge from a government bailout, people close to the matter said. Lufthansa is working with Goldman Sachs (NYSE:GS)...

Continue reading

DraftKings Jumps on Buying from Cathie Wood’s ARK, Norway’s Wealth Fund By Investing.com

By Dhirendra Tripathi DraftKings (NASDAQ:DKNG) shares jumped 9% on Wednesday after reports that Cathie Wood's ARK and the Norwegian sovereign wealth fund were buying the company’s shares. Adding to the optimism, a number of analysts Increased their target prices for the stock. Wood and her ARK Invest have bought 949,200 shares of DraftKings for the ARK Innovation ETF (NYSE:ARKK), according to Seeking Alpha....

Continue reading

FTSE 100 finishes flat, GameStop jumps 20%, bitcoin higher By Investing.com

Key Points FTSE finishes flat, miners weigh Just Eat Takeaway (LON:JETJ) (LON:JE) jumps after earnings GameStop (NYSE:GME) rally continues US CPI in line with expectations US crude inventories increase more than forecast Bitcoin remains elevated By Samuel Indyk Investing.com – The FTSE 100 finished broadly unchanged as miners weighed on the index which missed out on the global rally....

Continue reading

Analysis: Tightening conditions not yet frightening for Fed and co By Reuters

By Marc Jones and Sujata Rao LONDON (Reuters) - Rising Treasury yields, a dollar rebound and commodity prices at multi-year highs may be starting to feed into a tightening of global financial conditions, testing the resolve of central bankers to reverse the moves by providing additional support. Financial conditions is the umbrella phrase for how exchange rates, borrowing costs, and equity swings...

Continue reading

Bank of Canada keeps interest rate unchanged at 0.25%, QE programme unchanged By Investing.com

By Samuel Indyk Investing.com – The Bank of Canada has decided to keep its interest rate unchanged at 0.25% and says it will hold current level of policy rate until inflation objective is sustainably achieved. The central bank said it will continue with its quantitative easing programme, with purchases of at least CAD 4bln per week. More to follow....

Continue reading
en_GBEnglish