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Stocks usually take 6 months to recover from the type of selloff that just hit markets, BofA says
Finance
Stocks usually take 6 months to recover from the type of selloff that just hit markets, BofA says
By Marco Quiroz-GutierrezAugust 12, 2024
World’s billionaires see $134 billion wiped from their fortunes overnight in stock bloodbath
Success
World’s billionaires see $134 billion wiped from their fortunes overnight in stock bloodbath
By Orianna Rosa RoyleAugust 5, 2024
Tufan Erginbilgic, chief executive officer of downstream at BP Plc, speaks during the 2019 CERAWeek by IHS Markit conference in Houston, Texas, U.S., on Tuesday, March 12, 2019. The program provides comprehensive insight into the global and regional energy future by addressing key issues from markets and geopolitics to technology, project costs, energy and the environment, finance, operational excellence and cyber risks. Photographer: F. Carter Smith/Bloomberg via Getty Images
Finance
Resilience returns: Rolls-Royce shares surge to a record as new CEO’s fiscal discipline pays dividends
By Benedikt Kammel and BloombergAugust 1, 2024
Nvidia founder Jensen Huang
Tech
Relief rally in Nvidia cannot hide likelihood stock has entered bear market territory after losing nearly $800 billion
By Christiaan HetznerJuly 31, 2024
Sergey Brin is using money from selling his Tesla shares to bankroll a startup developing hallucinogenic mental-health treatments
Health
Sergey Brin is using money from selling his Tesla shares to bankroll a startup developing hallucinogenic mental-health treatments
By Marco Quiroz-GutierrezJuly 23, 2024
Jeremy Siegel, Professor of Finance at the Wharton School
Finance
FOMO still ‘ruling the market,’ says Wharton’s Jeremy Siegel, as investors hold out for an elusive rate cut to boost prospects
By Eleanor PringleJune 18, 2024
Traders in GameStop
Retail
Roaring Kitty sends a hidden message to GameStop CEO Ryan Cohen by raising stake to 9 million shares
By Christiaan HetznerJune 14, 2024
City of London financial district with Royal Exchange building, London, England, UK
Finance
Hedge funds are paying for ‘literally insane’ shorting of U.K. stocks as takeovers revive London valuations
By Ryan HoggJune 4, 2024
Sir Richard Branson attends the presentation of Virgin Fiber.
Success
Sir Richard Branson—who hates being called a billionaire—sees net worth fall back to $3 billion, where it was in 2000
By Ryan HoggMay 17, 2024
A NatWest Group Plc bank branch in the City of London, UK,
Finance
High interest rates aren’t helping banks as they did before—just ask NatWest, whose profits fell 27% in the first quarter
By William Shaw and BloombergApril 26, 2024
Pascal Soriot, CEO of AstraZeneca. Under Soriot, Astra has invested heavily in cancer drugs.
Retail
AstraZeneca encounters a surge in shares as profits exceed expectations, buoyed by demand for cancer drugs
By Ashleigh Furlong and BloombergApril 25, 2024
Ije Nwokorie
Retail
Dr Martens appoints former Apple senior director as CEO; amid bleak earnings
By Chloé Meley and BloombergApril 16, 2024
Chinese cement company’s shares mysteriously lose 99% of their value in just 15 minutes
Finance
Chinese cement company’s shares mysteriously lose 99% of their value in just 15 minutes
By BloombergApril 10, 2024
Shoppers and visitors out on Oxford Street pass newly opened store Reserved.
Retail
Polish retailer LPP faces a $2 billion wipeout after Hindenburg alleges its products were ‘somehow making their way into Russia’
By Konrad Krasuski and BloombergMarch 15, 2024
Stock traders from various companies work in five circular and one semi-circular trading floor at the Frankfurt Stock Exchange.
Finance
Meet Europe’s answer to the ‘Magnificent 7’—the high-flying ‘Granolas’ that Goldman Sachs is betting will prosper in the continent’s flatlining economy
By Ryan HoggMarch 3, 2024
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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
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