Crunchmarkets’s info on the world of finance
The Wall Street’s anxiety index, often referred to as the VIX, experienced an unprecedented surge on Wednesday, recording the second-largest spike in its history. This substantial increase was triggered by the Federal Reserve’s announcement about reducing its rate-cutting efforts, which sent shockwaves through the stock market. The CBOE Volatility Index, […]
The electric vehicle battery manufacturing giant, Contemporary Amperex Technology Co Ltd (CATL), is reportedly contemplating a secondary listing in Hong Kong. If successful, the listing could generate a minimum of $5 billion, according to inside sources reported by Bloomberg. This move would make it the largest share sale in Hong […]
The headquarters of Commerzbank AG, located in Frankfurt’s financial district in Germany, were bustling with activity on Wednesday as UniCredit, Italy’s second-largest bank, announced it has elevated its prospective stake in Commerzbank to 28%. This move has been achieved by ramping up the use of derivatives, leading to speculation that […]
Headlined by Helen Coster and Jack Queen NEW YORK (Reuters) – Incoming President Donald Trump has initiated legal action against the Des Moines Register newspaper and its erstwhile chief pollster, just a day after he intensified his legal warnings against news organizations, hinting he might also contemplate suing social media […]
The latest research suggests that the widely used 4% rule for retirement savings might require some tweaking for 2025 due to prevailing market circumstances. The 4% rule is a retirement strategy that allows retirees to calculate the amount they can withdraw annually from their accounts without depleting their savings over […]
McCormick & Co. (NYSE:) is reportedly in negotiations to buy Sauer Brands Inc., a subsidiary of Falfurrias Capital Partners (WA:), according to Bloomberg on Monday evening. The acquisition could potentially amplify McCormick’s stake in the condiments sector. Sauer, renowned for its Duke’s mayonnaise brand, could be valued over a billion […]
Michael Saylor, the chairman and CEO of MicroStrategy, recently made headlines at the Bitcoin 2022 conference in Miami. The tech-focused MicroStrategy has seen its stock rise, especially after the Nasdaq announced that the bitcoin proxy would join the Nasdaq-100 index. This news saw MicroStrategy’s stock rise by over 3%. The […]
Japanese aluminium purchasers have come to terms with a global manufacturing entity to shell out a premium of $228 for every metric ton exceeding the benchmark rate for consignments due between January and March. This marks a 30% hike compared to the current quarter, according to two individuals directly associated […]
Invesco, a renowned American investment management company, recently initiated an exchange-traded fund (ETF) with the aim to offer investors a chance to profit from the leading 45% of businesses listed on the Nasdaq-100 Index. This new ETF is being managed by Brian Hartigan, Invesco’s global head of ETFs and index […]
According to a recent report by the Financial Times, Nippon Steel has been notified by the U.S. Treasury regarding their intended acquisition of U.S. Steel. The board examining the proposed deal has yet to settle on a strategy for tackling potential security concerns. This update was shared with the Japanese […]
