The pressure’s on for S&P 500 companies to justify their high valuations, given the index’s price-to-earnings ratio of 21.5 – well above the historical norm of 15.7. UBS forecasts a 4.7% increase in ...
What’s going on here? Avangrid, a branch of Spain's Iberdrola, has secured a $450 million federal contract for the Maine Transmission project, boosting its role in US energy infrastructure. This ...
What’s going on here? The release of the S&P Global Whole Economy PMI for September has investors on edge about potential shifts in South African markets, especially as SPAR names a new CFO. South ...
What’s going on here? This week’s a big one for Wall Street, with heavyweights like PepsiCo, Costco, and Delta Air Lines set to reveal their Q3 2024 performance. What does this mean? Earnings reports ...
Risk is more than volatility: it’s the chance of not hitting your investment goals. Your risk will increase if an asset’s performance varies wildly from its “expected” return, as well as if you’re ...
What’s going on here? Canada's S&P/TSX index surged to an all-time high, driven by gains in the tech sector as the index added 128.1 points to reach 24,096.6, extending its winning streak to four ...
What’s going on here? Tencent Holdings and the Guillemot family might take Ubisoft Entertainment private to boost its value and stabilize the gaming giant after recent challenges. Ubisoft, known for ...
What’s going on here? UniCredit is planning a strategic acquisition of Commerzbank, aiming to cut costs at Commerzbank's headquarters while keeping its branch network intact, signaling its ...
What’s going on here? US natural gas futures are climbing for the sixth straight week, fueled by worries over dwindling supply and lower-than-expected storage injections. The excitement in the natural ...
What’s going on here? Experian is bolstering its presence in Latin America by acquiring Brazilian cyber security firm ClearSale for $350 million, strengthening its foothold in Brazil. Experian, a ...
What’s going on here? Short sellers of US-listed Chinese stocks are feeling the pinch after a rally driven by China's economic stimulus led to nearly $7 billion in losses. Shorting Chinese stocks was ...
What’s going on here? The US labor market outpaced expectations in September, adding 254,000 nonfarm payrolls, surpassing the projected 140,000. This drop in the unemployment rate to 4.1% has ignited ...