Tag: business news
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Vinted boss sees ‘fundamental’ shift in consumer patterns, as secondhand firm notches $9 billion valuation
Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told CNBC.
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SpaceX employee group creates low-fee wealth management option with Choreo for post-IPO
The deal marks a bold experiment in the wealth management industry that could shift the balance of power from advisory firms to wealthy groups of investors.
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Inflation data threatens to derail market comeback. How the S&P 500 may react
Investors will be watching core inflation in May closely to see just how long higher prices from the U.S.-Iran war may last, according to JPMorgan.
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The ‘SaaSpocalypse’ is over, says private equity giant Thoma Bravo. Here’s why it sees an AI boom for software
Thoma Bravo founder Orlando Bravo says AI offers an “enormous tailwind” for software companies.
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Bitcoin’s brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet
The year has been a rocky one for the flagship cryptocurrency, but traders aren’t backing away from the space.
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Gold could slump another 20% by September, says Citi — here’s why
Since the outbreak of the U.S.-Iran war on Feb. 28, gold’s reputation as a “safe haven” asset in times of turmoil has come under pressure.
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Shares of this cleantech stock could double on AI data center demand, says Canaccord Genuity
FuelCell energy fell on disappointing earnings, but a potential long-term data center play makes Canaccord Genuity think its time to get into the stock.
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KBW upgrades Toll, citing the K-shaped housing market favoring the ‘affluent’
The bank thinks Lennar and Toll brothers are heading in different directions due to the K-shaped economy.
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Treasury yields hold steady as traders await more economic data
Treasury yields steadied on Tuesday as bond markets took a breather ahead of more economic data releases.
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India’s growth story faces its toughest test yet in Modi’s third term
Prime Minister Narendra Modi faces his biggest test as India’s appeal as the world’s fastest-growing economy dims for global investors.
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