Golden Financier – Page 142 – Investing and Stock News

Economy

Citigroup weighs stablecoin custody and services amid new US crypto rules

Citigroup Inc. is considering offering some custody and related services for stablecoins, a senior executive told Reuters, the latest indication that broad policy shifts in Washington are pushing large financial…

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Economy

Brazil, Canada in talks to revive Mercosur trade negotiations

Brazil and Canada are ready to revive stalled talks on an “action plan” to free up trade between Ottawa and the Mercosur trade bloc, said Brazil’s foreign trade secretary, Tatiana…

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Economy

Opendoor shares jump as CEO Carrie Wheeler resigns amid investor pressure

Opendoor Technologies shares jumped about 16% on Friday following the announcement that CEO Carrie Wheeler will step down from the online real estate company.Wheeler, who took over in 2022, said…

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Stock

US stocks unchanged as retail sales data signals resilient consumer

The US markets opened largely unchanged on Friday, buoyed by retail sales data that pointed to continued consumer strength as the market digested hotter-than-expected wholesale inflation, as Wall Street prepared…

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Stock

Cisco shares drop over 2% after HSBC downgrade to Hold

Cisco Systems’ shares fell more than 2% on Friday after HSBC downgraded the networking equipment maker from “buy” to “hold”, citing concerns that the company’s recent restocking boost is losing…

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Stock

Buffett’s $1.6 bn bet lifts UnitedHealth to 16-yr high, but analysts urge caution before buying

UnitedHealth Group shares surged more than 11% in Friday trading, on track for their strongest single-day performance since 2009, after a regulatory filing revealed Warren Buffett’s Berkshire Hathaway had quietly…

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Stock

Morgan Stanley turns more optimistic on Apple as iPhone outlook improves

Morgan Stanley has expressed renewed optimism about Apple Inc., citing stronger-than-expected iPhone demand in China and the potential for upward estimate revisions. Analyst Erik Woodring wrote in a Thursday note…

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Stock

Opendoor shares jump as CEO Carrie Wheeler resigns amid investor pressure

Opendoor Technologies shares jumped about 16% on Friday following the announcement that CEO Carrie Wheeler will step down from the online real estate company.Wheeler, who took over in 2022, said…

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Economy

Deere stock slides after trimming annual profit forecast despite earnings beat

Deere & Co. shares fell sharply on Thursday after the farm equipment manufacturer cut its full-year profit outlook, overshadowing stronger-than-expected quarterly earnings.The stock dropped more than 6.9% to $478 on…

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Economy

Tapestry slides on Kate Spade reset, tariffs, but Coach momentum signals long-term upside

Tapestry shares tumbled Thursday after the company warned that a challenging year lay ahead for its Kate Spade brand, even as sister label Coach delivered robust growth.The share price was…

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