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Investment

Investment

UBS swings to $785 million loss, but hails $33 billion in new deposits

By Press Room
November 7, 2023
1 Mins read
Investment

Gold ETFs Record Fifth Successive Monthly Outflow In October

By Press Room
November 7, 2023
2 Mins read
Global gold-backed exchange-traded funds (ETFs) endured further outflows in October, according to latest data from the World Gold Council (WGC). Net outflows…
Investment

No Wall Street, there is no Santa Claus rally

By Press Room
November 7, 2023
2 Mins read
There will be no Santa Claus rally in the stock market this month, or in the first three weeks of December. Pointing…
Investment

Bitcoin May Be Losing Speed. But the Next Rally Could Carry It Past $40,000.

By Press Room
November 7, 2023
1 Mins read
Bitcoin and other cryptocurrencies slipped on Tuesday but remained near relatively elevated levels after a recent rally. While cryptos may have lost…
Investment

What To Expect From The October CPI Report

By Press Room
November 7, 2023
3 Mins read
The Consumer Price Index Report for the month of October will be released at 8.30am ET. on November 14. Headline inflation is…
Investment

Rivian earnings: What to expect from the EV maker struggling to become profitable

By Press Room
November 7, 2023
2 Mins read
Rivian Automotive Inc. is slated to update investors about its quarterly earnings on Tuesday after the bell. And Rivian RIVN, -2.99% executives…
Investment

BigBear.AI to Buy Vision-AI Business Pangiam for $70 Million

By Press Room
November 7, 2023
1 Mins read
By Will Feuer BigBear.AI has agreed to buy Pangiam, a vision artificial intelligence company, for about $70 million in an all-stock deal….
Investment

Equinor Makes Gas Find in the North Sea

By Press Room
November 7, 2023
1 Mins read
By Dominic Chopping Equinor has made a commercially viable gas discovery by the Gina Krog field in the North Sea, it said…
Investment

UBS Expected to Swing to Net Loss as Operating Expenses Rise -- Earnings Preview

By Press Room
November 7, 2023
1 Mins read
By Pierre Bertrand UBS is scheduled to report its third-quarter result on Tuesday. Here is what to know: REVENUE: The Swiss bank…
Investment

Brookfield Asset Management Raises $26 Billion in 3Q, On Track for FY Target

By Press Room
November 7, 2023
1 Mins read
By Robb M. Stewart Brookfield Asset Management has raised $61 billion in capital this year, including $26 billion in the latest quarter,…
Investment

TreeHouse Foods Swings to 3Q Profit on Higher Sales

By Press Room
November 7, 2023
1 Mins read
By Dean Seal TreeHouse Foods swung to a profit in the third quarter as sales rose on higher prices. The private-label food…
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