Top

Category: Finance Tech


Finance Tech, Trading

Shares mixed as China says 2018 growth slowest since ’90

January 21, 2019

Via: ABC News

World shares are mixed after China reported that its economy expanded at a 6.6 percent annual pace in 2018, its slowest pace since the slump that followed the crackdown on protests centered on Tiananmen Square in 1989. KEEPING SCORE: Germany’s […]


Finance Tech, Trading

U.S. stock futures extend gains as investors cling to hope of trade resolution

January 18, 2019

Via: Market Watch

U.S. stock futures rose Friday, pointing to the fourth-straight win for equities, as investors hung on to optimism over a report that Washington might ease trade tariffs on Beijing. Equity markets will be closed on Monday in observance of Martin […]


Finance Tech, Trading

Warren Buffett might be looking to buy these 12 stocks, Wells Fargo says

January 17, 2019

Via: Business Insider

Warren Buffett, the chairman and CEO of Berkshire Hathaway, is known for many things – his fast-food-heavy diet, his philanthropy, his business acumen as one of the wealthiest people in the world, and his investing style. Buffett has long been […]


Finance Tech, Trading

European markets drop as SocGen warns on Q4 revenues

January 17, 2019

Via: Market Watch

European indexes were in the red on Thursday, as French bank Société Générale SA announced it expected its fourth-quarter capital markets revenues to fall by around 20%. In the U.K., Prime Minister Theresa May has survived a no-confidence vote, freeing […]


Capital, Finance Tech, Trading

Bank of America shares rise more than 3% after posting record earnings

January 16, 2019

Via: CNBC

Bank of America reported better-than-expected profit and revenue for the fourth quarter on Wednesday, driven by a strong performance from its consumer-banking business and lower taxes. The results sent the bank’s shares up more than 3 percent in the premarket. […]


Finance Tech, Liquidity

Why China Just Injected $83 Billion into Its Economy

January 16, 2019

Via: Fortune

China’s central bank on Wednesday offered financial institutions $83 billion in liquidity as part of a wider economic stimulus. The move sets a record for a single day. On Tuesday, several Chinese government institutions told investors they would be spending […]


Finance Tech, Liquidity

Treasury yields retreat amid Brexit jitters

January 15, 2019

Via: Market Watch

Treasury yields slid on Tuesday trading as investors await the results from the U.K.’s vote to leave the European Union, which is widely expected to be defeated in Parliament, creating more uncertainty in the region The 10-year Treasury note yield […]


Capital, Finance Tech

JPMorgan Earnings Fall Shy of Estimates for First Time in Four Years

January 15, 2019

Via: TheStreet

JPMorgan Chase & Co. (JPM – Get Report) , the largest U.S. bank, missed analysts’ profit estimates for the first time in four years, as trading revenue fell short of expectations and costs rose for loan-loss reserves. Net income rose […]


Finance Tech, Trading

Buyer beware: Airline stocks are a ‘value trap,’ warns expert

January 15, 2019

Via: CNBC

Airline stocks can’t seem to catch a break. The NYSE Arca Airline Index, which tracks U.S. and international carriers, lagged the broader market in 2018 — dropping nearly 21 percent compared with the S&P’s decline of more than 6 percent […]


Capital, Finance Tech

Citigroup Beats Fourth-Quarter Profit Estimates After Slashing Costs

January 14, 2019

Via: TheStreet

Citigroup Inc. (C – Get Report) , the third-biggest U.S. bank, posted a fourth-quarter profit that beat analysts’ estimates, with CEO Michael Corbat cutting costs as revenue slid. Net income was $4.3 billion, the New York-based bank said Monday in […]