American Finance Insider – Page 1616 – Investing and Stock News

Investing

US markets mixed as Oracle, Alphabet gain, Apple and banks slide ahead of inflation data and Trump-Harris debate

US stock markets saw mixed results on Tuesday as investors braced for crucial inflation data and a high-profile presidential debate between Vice President Kamala Harris and former President Donald Trump.…

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Investing

Delek US Holdings stock gets a boost from JPMorgan: Will DK recover?

On Tuesday, JPMorgan analysts upgraded Delek US Holdings (NYSE: DK) stock from Underweight to Neutral, increasing the price target to $26 from $23, suggesting a potential upside of 36% from…

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Investing

Is Apple falling behind Huawei in the AI race?

Apple recently unveiled its latest lineup of products, including the new iPhone, Apple Watch, and AirPods, at its annual event, sparking excitement among its loyal fans worldwide. However, the event…

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Investing

US crude oil prices drop below $70 per barrel amid global demand concerns

US crude oil prices have experienced a sharp decline, with West Texas Intermediate (WTI) crude falling to $66.11 per barrel and Brent crude dropping below $70. This marks a significant…

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Investing

Ally Financial stock drops 18% amid credit challenges: time to buy?

Ally Financial Inc. (NYSE: ALLY) saw its stock plummet by as much as 18% today following comments from Russell Hutchinson, the company’s Chief Financial Officer. Hutchinson attributed the sharp decline…

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Latest News

House honoring 13 US service members killed in 2021 Abbey Gate bombing during Afghanistan withdrawal

September 10, 2024

House Speaker Mike Johnson, R-La., and House Minority Leader Hakeem Jeffries, D-N.Y. hosted a Gold Medal ceremony for the 13 U.S. service members killed at Abbey Gate during the Afghanistan…

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Latest News

Trump-Harris debate: Sen Rick Scott identifies ‘biggest thing’ that can help former president

September 10, 2024

Sen. Rick Scott, R-Fla., revealed the ‘biggest thing’ he believes can help former President Donald Trump in his debate against Vice President Kamala Harris in Philadelphia. During Tuesday night’s debate…

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Investing

Citi CFO expects investment banking fees to rise 20% in third quarter

September 10, 2024

By Tatiana Bautzer and Manya Saini NEW YORK (Reuters) -Citigroup’s investment banking fees are expected to jump 20% in the third quarter from a year earlier, Chief Financial Officer Mark…

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Investing

Nippon Steel exec flies to Washington in last attempt to save US Steel deal, FT reports

September 10, 2024

(Reuters) – Japanese steelmaker Nippon Steel’s vice-chair will meet senior U.S. officials in Washington on Wednesday in an attempt to save its proposed $14.9 billion takeover of U.S. Steel, the…

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Investing

NZ dollar, Japan bonds zap trend hedge fund August returns, bank data shows

September 10, 2024

By Nell Mackenzie LONDON (Reuters) – Trend-following hedge funds took a hit from their bets on the New Zealand dollar and Japanese stocks and bonds in August, when global markets…

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