CashNews.co As Donald Trump sat in his Mar-a-Lago resort on election night, two of American oil’s most influential men were just feet away, toasting his victory: North Dakota governor Doug Burgum and shale magnate Harold Hamm. They had been stalwarts on the Republican’s campaign for months: Burgum, who had briefly made his own bid for […]
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools BlackRock and Amundi are lining up heavily concentrated US “mega-cap” exchange traded […]
CashNews.co Palantir has added more than $23bn to its market capitalisation since Donald Trump was elected US president this month, as investors bet the secretive government contractor will be among the biggest winners of enhanced federal spending on national security, immigration and space exploration. The latest stock rise adds to a blistering rally for Palantir […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Klarna should be the kind of story Europe dreams of. A continent without a contender to rival Google, Facebook or Apple has had a rare tech triumph with the Swedish buy now, pay later […]
CashNews.co Disinflation, demographics, Doge Read More #cashnews #newsfinace #finance #FollowsCashnews
CashNews.co Gains for chipmaker Nvidia helped US stocks close higher, as investors prepared for the release of the chipmaker’s quarterly earnings on Wednesday. Wall Street’s benchmark S&P 500 closed 0.4 per cent higher on Tuesday, while the technology-dominated Nasdaq Composite gained 1 per cent. Nvidia climbed 4.9 per cent for its biggest one-day jump in […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One fun thing about the VIX — called the “fear gauge” because it puts a price on expectations for future stock-market volatility — is that it has pretty deep lore. For example, the army […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Trafigura paid nearly €5mn in bribes to an Angolan official through an intermediary who was dubbed “Mr Non-Compliant” by the commodity trader’s founder, Claude Dauphin, Swiss prosecutors have alleged. The Swiss indictment accuses Trafigura […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bridgewater, one of the world’s largest hedge funds, is joining forces with State Street’s asset management arm to tap retail investors in the latest effort by money managers to look for new customers beyond […]
CashNews.co Everyone knows that the best way to stop a zombie is to destroy its brain. But EF Hutton, an undead US underwriter we wrote about two years ago, had two heads: chief executive Joseph Rallo and president David Boral. Rallo left the bank earlier this year, taking ZombiEF Hutton’s once venerable name and trademark with […]