Wise shares spike 16% as higher interest rates help fintech triple profits
Online money transfer firm Wise’s shares soared 16% Tuesday as the company reported a spike in profits thanks to rising…
A U.S. recession is coming this year, HSBC Asset Management warns — with Europe to follow in 2024
The U.S. will enter a downturn in the fourth quarter, followed by a “year of contraction and a European recession…
China’s economy is set to grow faster in the second quarter, Premier Li Qiang says
BEIJING — Chinese Premier Li Qiang said Tuesday his country was still on track to reach its annual growth target…
Stocks making the biggest moves midday: Pfizer, Lucid, WSFS Financial and more
Check out the companies making headlines in midday trading. Lucid Group — Lucid shares jumped 9% after the electric-vehicle maker…
Stocks making the biggest premarket moves: Tesla, Moderna, Alphabet, PacWest and more
Check out the companies making the biggest moves in premarket trading. Tesla — Shares dropped 1.9% after Goldman Sachs became…
Bitcoin is up 12% this month — even though barely anybody is trading it
Bitcoin has rallied sharply this month — but not for reasons you might think. The world’s largest digital currency has…
Bricks over bytes: New hard asset ETF places big bet on real estate
A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…
Stocks making the biggest moves midday: Starbucks, CarMax, Virgin Galactic and more
Check out the companies making headlines in midday trading. Starbucks — Starbucks shares lost nearly 2.5% after a union representing…
