Institutional Investor hall-of-famer Marko Kolanovic warns high interest rates are creating a breaking point for stocks.
Kategorie-Archiv: CNBC Financial News
Ken Griffin’s hedge fund Citadel bucks the downtrend in September, up nearly 13% this year
Citadel’s multistrategy flagship Wellington fund gained 1.7% in September, bringing its 2023 performance to 12.6%.
Levi Strauss cuts full-year sales forecast again, as inflation takes a toll
The denim retailer said momentum at its own stores and website did not offset weaker wholesale trends in the U.S.
Stocks making the biggest moves premarket: Rivian, Clorox, Vestis, Chevron and more
These are the stocks posting the largest moves in premarket trading.
UK’s Metro Bank shares suspended multiple times after plunging more than 25%
Shares of Britain’s Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 million) in debt and equity.
Asia’s edge isn’t just cheap labor, whether it’s China, India or Japan, KKR says
That investment conclusion comes after a trip to the region by New York-based Henry H. McVey, KKR’s head of global macro and asset allocation.
Stocks making the biggest moves midday: Sunnova Energy, Cal-Maine Foods, Marathon Petroleum and more
These are the stocks posting the largest moves in midday trading.
Constellation Brands beats on earnings as Modelo-fueled beer momentum continues
Revenue growth was driven by demand for its Modelo Especial and Modelo Chelada brands as well as Corona Extra.
Tilray Brands‘ revenue jumps, losses narrow as it pivots away from cannabis
Cannabis producer Tilray Brands Inc. reported first-quarter earnings that beat expectations as it expands its portfolio.
Bill Gross says the surging 10-year Treasury yield could test 5% in the short term
One-time bond king Bill Gross believes Treasury yields have the potential to shoot even higher in the short run.