It is more likely that there will be a rebound in S&P 500 in the fourth quarter of 2023 than the one that does not exist, Michael Wilson, from Morgan Stanley. Wilson and other strategists said most investors believe in a possible rebound if current levels hold in the near term, despite lingering concerns about […]
Tag: Wall Street
Arm will make the biggest entry into the Wall Street stock market in two years
The British chip designer arm will make its debut in NYSE on Thursday, in the largest entry to Wall Street in almost two years, a bet of US$ 50,000 million for its main shareholder, the Japanese SoftBank Group. The operation will open the capital of this reference company in the design of microprocessors, whose models […]
Nvidia hits all-time highs, AI boom drives bets on robust outlook
The actions of nvidia hit an all-time high on Tuesday as expectations rose for the quarterly results of the chip designer that has been the biggest beneficiary of the boom in artificial intelligence. Increased bets that Nvidia’s revenue will once again beat Wall Street estimates have lifted the shares 19% from a two-month low hit […]
Wall Street chains three weeks of losses with its sights set on the Fed and China
Wall Street It has already been losing for three weeks, the latter weighed down especially by forecasts that the United States Federal Reserve (Fed) will continue to raise interest rates due to persistent inflation, and renewed concern about the Chinese economy. In the weekly computation, the Dow Jones index fell an accumulated 2.2%, the selective […]
Wall Street posts weekly loss on S&P 500 and Nasdaq after US inflation data.
Wall Street posted another weekly loss in the S&P 500 and Nasdaq indices, the second in a row in both cases, after several US inflation data releases this week failed to convince investors. The S&P 500 fell 0.3% accumulated and the Nasdaq 1.9%, while the Dow Jones remained afloat and closed the week with an […]
JBS plans to list shares on Wall Street and climbs more than 8% in Brazil
The actions of the Brazilian meat giant JBSone of the companies food largest in the world, climbed this Wednesday more than 8% on the Stock Exchange sao pauloafter announcing to the market a double listing proposal, listing its papers in Wall St. “The double listing will create conditions for the valuation of the company, it […]
Stocks closed in red after learning that the Fed will continue raising interest rates
Jerome Powell, president of the United States Federal Reserve (Fed) announced this Wednesday, June 21, that they will raise the interest rate for the remainder of the year, depending on the economic indicators that are observed. Such a message disrupted the performance of the markets, according to César Romero, Head of Research at Renta4 SAB. […]
JPMorgan to pay $290 million to victims of Jeffrey Epstein
the american bank JPMorgan Chase will pay $290 million to alleged victims of the late financier Jeffrey Epsteinaccused of sexual exploitation of minors, after an agreement announced on Monday that avoids him a high-impact media trial. The sum, initially reported by the Wall Street Journal, was confirmed to AFP by one of the victims’ lawyers, […]
Wall Street: Credit Suisse falls short of the minimum required to go public
The New York Stock Exchange has notified Credit Suisse that does not meet the necessary requirements to be listed on the US stock market, which requires companies to maintain the individual price of their shares at at least one dollar for thirty consecutive trading days. Despite its purchase by UBS on March 19, Credit Suisse […]
Minister Alex Contreras to investors in New York: “Whoever bets on Peru always wins in the long term”
He Minister of Economy and FinanceAlex Contreras, together with the president of the Central Reserve Bank of Peru (BCRP), Julio Velarde, lead a public-private delegation in the city of NY (USA) with the objective of holding meetings with investors and authorities to expose them the macroeconomic strengths of Peru and various investment opportunities that the […]