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Investing

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World's Largest Wealth Fund Sees Best Quarter Ever

May 05, 2019 at 12:00

The world’s largest sovereign wealth fund—Norway’s US$1-trillion fund—earned US$84 billion in Q1 in the “strongest quarter ever”, boosted by technology and oil and gas stocks

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Silicon Valley's Biggest Backer Could Be Eyeing $100 Billion IPO

May 03, 2019 at 12:00

The world's largest venture capital fund is reportedly weighing a decision to go public

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Dollar Finds Its Feet As Fed Holds Rates Steady

May 02, 2019 at 15:00

The U.S. dollar has bounced off its 2-week low after the Federal Reserve maintained its dovish stance and kept interest rates unchanged.

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World's Largest Uranium Mining Disappoints In Quarterly Report

May 02, 2019 at 12:00

Canada’s Cameco , the world's largest publicly traded uranium miner, swung to a loss in the first three months of the year despite seeing growing support for nuclear energy.

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FAANG Stocks Shed $100 Billion, But Apple Remains Sound

May 01, 2019 at 18:00

FAANG stocks dropped a cumulative $100 billion on Tuesday after Google’s parent company, Alphabet Inc. (NASDAQ:GOOG), saw a pretty bad revenue miss in its Q1 print

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Microsoft Sets Sights On Trillion-Dollar Valuation

Apr 25, 2019 at 18:00

Microsoft’s FY 19 third-quarter results showed that revenue was up 14 percent to $30.6B thanks to Cloud growth topping estimates

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Tesla Posts Surprising $700 Million Loss In Q1 Earnings Report

Apr 25, 2019 at 10:00

Tesla may soon announce a capital raise after Elon Musk suggested “There is some merit to raising capital,” adding “It’s probably about the right time,” as quoted by Reuters

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Chinese Banks Are Running Low On Dollars

Apr 24, 2019 at 12:00

A funding problem has emerged for China’s biggest commercial banks, one which is largely outside of Beijing’s control

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Feds Target Forex Company In $75 Million Ponzi Scheme

Apr 23, 2019 at 18:00

Ponzi schemes are alive and well, and the latest being targeted by the Feds involves a Florida-based forex company

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Is The Global Bond Bubble About To Burst?

Apr 23, 2019 at 12:00

The global bond bubble is reaching a tipping point as debt spirals out of control, with central banks across the world scrambling to reign it in