
World Bank Cuts Global Growth Forecast, Cites Ukrainian War, Other Factors
According to the World Bank, factors including the war in Ukraine, fuel prices, and food shortages have caused a reduction in global growth.
According to the World Bank, factors including the war in Ukraine, fuel prices, and food shortages have caused a reduction in global growth.
Elon Musk posted the “Love Me Tender” tweet a few days after he created a poll about taking Twitter private.
Although analyst are expecting a majority of the S&P 500 companies to deliver better-than-expected results, fears on inflation and interest rate hikes are dragging stock down.
The GDP China recorded in Q1 exceeded analysts’ expectations to rise 4.8% despite COVID-induced economic contraction affecting employment.
Mainland China stock market felt the impact of a renewed Covid outbreak in the region, while the central bank refrained from cutting interest rates.
According to the filing that Musk submitted to the SEC on his Twitter offering, the entrepreneur has an alternative plan if he eventually does not buy Twitter.
Tesla and SpaceX Boss Elon Musk offers to buy Twitter a little over a week after revealing a sizable investment in the social media giant.
TSMC posted Q1 profit that climbed 45% YoY to NT$202.73 billion, beating out analysts’ expectations of NT$184.67 billion.
According to Jamie Dimon, the US economy is at risk of recession following the Fed’s recent hawkish stance along with the war in Eastern Europe.
The entirety of Ark Invest’s portfolio is down 36.7% and is currently amongst the worst-performing stocks in the US at this time.
These new ETFs from Fidelity will focus on investments in companies working on the Metaverse as well as crypto payments.
Since December 1981, the US has not registered an inflation increase of as much as 8.5% in 12 months.
Fingers are crossed in the expectation of earnings results from major banking giants in the US.
Dubai is still a growing region and with its integral role as the utility provider, DEWA is in a pole position to benefit immensely from this growth, and this is billed to translate to higher profitability for the investors in the long run.
A successful IPO will give Ampere an opportunity for more cash infusion.