Wall Street firms are expected to increase bankers' bonuses this year for the first time since 2021 amid markets' rise and volatility, according to a report by Johnson Associates.
The five-day post-election rally wavered on Tuesday morning as investors awaited fresh inflation data.
(Oil & Gas 360) – Much needing to be done and greater freedom for seeing and doing it, the direction […]
The firm says investors should be closely monitoring bond yields and the US dollar for signs of when equities could turn.
Flutter, the world's largest online betting company, nudged up its full-year guidance for the second successive quarter on Tuesday after its non-U.S. brands drove better-than-expected third-quarter revenue growth. While Flutter's growth has been transformed by a gambling boom in the nascent U.S. market, where its FanDuel unit is the market leader, core profit at its more established brands in Britain, Europe and Australia jumped by 24% to $392 million in the quarter. That helped push up total adjusted earnings before interest, tax, depreciation and amortisation 74% to $450 million, including a $58 million profit in the U.S., versus an investment-driven $55 million loss in the third quarter last year.
S&P 500, Nasdaq Log First Decline Since Election Day; Tesla Post-Election Rally Fizzles
Spotify added more subscribers than expected in the third quarter, sending shares higher after the bell Tuesday.
(Bloomberg) -- Brazil’s central bank is stepping into currency markets as the real has been battered by fiscal concerns at home and a broad slide in risk assets globally. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictPolicymakers called a FX credit-line auction of as much as $4 billion on Wednesday
(Bloomberg) -- The US dollar’s rally is gaining momentum alongside Donald Trump’s threat of sweeping tariffs, leaving currency strategists in agreement it has further to rise while war-gaming just how far it will go.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe Bloomberg Dollar Spot Index rose
