Japanese Stocks to Gain on Takaichi Win, Yen Drops: Markets Wrap
October 6, 2025
UBS Bullish On Clean Energy, Sees Global Investments at $140 Trillion by 2050
UBS estimates around $140 trillion in investments on decarbonizing the world's energy supply by 2050, according to CNBC. UBS notes that at least 55% of the world's energy consumption should...
Read moreCiti Sets $56 Price Target for GSX in Buy Rating after Friday’s Sell-offs
Citi analyst Mark Li upgraded GSX Techedu to ‘buy’ from ‘sell’ with a price target of $56, down from $66, according to The Fly. The upgrade follows a 42% share...
Read moreNomura, Credit Suisse Plunge on Archegos Fallout
Nomura Holdings Inc. and Credit Suisse Group AG posted double-digit drops on Monday due to exposure to wrong-way bets by Archegos Capital Management, according to Bloomberg. Nomura shares tumbled by...
Read moreSoFi Gives Amateur Investors Early Access to IPOs
Online finance start-up SoFi is allowing amateur investors to buy into companies as they go public, according to CNBC. SoFi will act as underwriter in the deals. It will allow...
Read moreChina’s Dual-Listed Tech Firms Lose $60 Billion in Market Cap
Chinese firms listed in the United States lost about $60 billion in three days due to the threat of potential de-listings from American stock exchanges, according to CNBC. As of...
Read moreDislodging Ever Given From Suez Canal Likely To Take Longer Than Expected
Dislodging the Ever Given from the Suez Canal will take at least a week, effectively delaying supply chains and increasing costs, according to Bloomberg. The 200,000-ton Ever Given will require...
Read moreGet To Know The Giant Ship Blocking The Suez Canal
A 224,000-ton boat has blocked the Suez Canal in Egypt and halted one of the world's busiest maritime trade routes with $9.6 billion of average daily cargo value, Bloomberg reports....
Read moreNew York A Step Closer To Legalizing Recreational Marijuana
Recreational marijuana is a step closer to being legalized in New York after officials reached an agreement on special taxes, according to Bloomberg. Senate Finance Committee Chair Liz Krueger said...
Read moreBusiness Expansion In U.K. Posts Seven-Month High In March
Business activity expansion across the private sector in the United Kingdom rose to seven-month high in March, according to data compiled by IHS Markit and CIPS. The headline seasonally adjusted...
Read moreChina’s Biggest Chipmaker To Build $2.35 Billion Factory With State Funding
China's biggest chipmaker Semiconductor Manufacturing International Corp. (SMIC) is building a $2.35 billion factory with government funding, according to CNBC. The factory will be put up in Shenzhen, and will...
Read moreU.S. Looking to Spend $3 Trillion For Long-Term Economic Program
The United States government is now considering a $3-trillion economic program to be presented to President Joe Biden this week, according to Bloomberg. The economic plan includes some $400 billion...
Read moreU.S. To Release Second Batch Of $1,400 Stimulus Checks Wednesday
The second batch of $1,400 stimulus checks in the United States is set to be released to the public on Wednesday, March 24, according to CNBC. The Treasury Department, IRS,...
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