News

This is the level where the 10-year Treasury yield becomes a 'clear problem' for stocks, Goldman study shows

Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.

HSBC beats expectations in first quarter earnings; Group CEO Noel Quinn to retire

HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.

Musk makes surprise visit to Beijing as Tesla's China-made cars pass data security rules

Local authorities removed restrictions on Tesla cars after the company passed China's data security requirements, the automaker said Sunday.

‘This is a unique time’: ARK Invest’s chief futurist tackles tech innovation from AI to robotics

ARK Invest's chief futurist Brett Winton lists five groups in the heart of tech innovation.

Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway

Miami is undergoing a boom despite a high vulnerability to sea level rise, floods and more intense storms. Residents may face financial hardship.

Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says

Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.

Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech

ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.

Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates

Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.

Barclays swings back to profit in first quarter amid strategic overhaul

Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions

AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.

Deutsche Bank reports 10% profit rise in first quarter, beating expectations

Deutsche Bank reported first-quarter earnings on Thursday.
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