Editor's Picks

Tesla's market capitalization slumped after Elon Musk announced Twitter interest To reduce risk, Musk has secured new financing Some analysts think the deal could be a big distraction for Tesla's...

It’s a little hard to know where to start today after a massive risk aversion wave swept markets yesterday, so let’s start where I believe the rot really began, the Bank of England policy...

Markets gained on Wednesday and lost yesterday, leaving things in a can/can't do situation. If I was to stick my neck out I would say this is part of a swing low and not a fresh move lower, but a...

Fed Chairman Jerome Powell succinctly summed up the state of the US labor market at Wednesday’s FOMC meeting press conference, noting that it “remains extremely tight” and that...

I often say the market loves symmetry, but holy cow, I did not expect Thursday to turn into a mirror image of Wednesday’s huge pop. But that’s exactly what we got, 3% up followed by 3.6%...

The well-known hedge fund manager, Bill Ackman, is also referred to as an investor activist. In 2003, he founded Pershing Square Capital, an investment adviser registered with the US Securities and...

Airbnb gave a robust sales forecast for the current quarter The booking app predicts “substantial demand” ahead of the busy summer season Despite travel rebound, macroeconomic headwinds...

The markets have not sustained the powerful reaction seen yesterday after the Fed hike. Japan and South Korean markets were closed, but many bourses including Taiwan, Australia, and India...