CashNews.co Stanley Druckenmiller is one of the greatest investors of all time. As the manager of Duquesne Capital Management from 1981 to 2010, Druckenmiller generated an average annual return of 30% and never had a losing year during that time. These days, Druckenmiller is no longer an active fund manager but still manages a portfolio […]
CashNews.co Palantir Technologies (NYSE: PLTR) and Nvidia (NASDAQ: NVDA) are two of the hottest artificial intelligence (AI) stocks on Wall Street. In fact, with year-to-date returns of 132% and 150%, respectively, they rank among the five best-performing components of the S&P 500. However, Wall Street expects the stocks to move in opposite directions over the […]
CashNews.co Climate change poses a critical global challenge, impacting not only the social and geopolitical spheres but also economic activity, asset values, and financial stability. Addressing this complex issue requires a multisector approach, with financial markets playing a crucial role in advancing a sustainable transition. Financial markets can mitigate climate risks by channeling resources into […]
CashNews.co Biodiversity Finance is on the Move, but More Must Be Done Read More #cashnews #UnitedStates #newsfinace #finance #FollowsCashnews
CashNews.co Red Lobster emerged from Chapter 11 bankruptcy with more than 540 locations. After recently emerging from bankruptcy with new ownership, Red Lobster is adding to its C-suite with two appointments. The seafood chain, now under the ownership of RL Investor Holdings LLC, has appointed Bob Baker as its chief financial officer and Nichole Robillard as chief […]
CashNews.co The semiconductor sector, which was riding high on the expansion of artificial intelligence (AI) applications, faltered on the fading AI craze and tech sell-off in August and weak demand from China. However, the new monetary easing era led to a rally in semiconductor stocks over the past month. VanEck Vectors Semiconductor ETF SMH, iShares […]
CashNews.co HSBC’s new boss has announced a major overhaul of the bank’s structure, splitting geographically into eastern and western markets amid increasing geopolitical tensions and a need to cut costs. The bank said that it was simplifying operations by splitting into four key units, which will see its commercial and institutional banking divisions merged. The […]
CashNews.co US stocks recovered from session lows but finished the day mixed as investors digested a recent bond market sell-off and the next wave of earnings reports. The S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) closed just below the flatline, while the tech-heavy Nasdaq Composite (^IXIC) ticked up around 0.2%. It was the […]
CashNews.co A recent survey by EY of more than 1,800 global CFOs and treasurers of corporate and commercial clients was unveiled at Sibos, revealing chances for banks to provide value-added services. Treasuriesâ top challenge is securing financial investments focused on environmental, social and governance (ESG) concerns. Matt Cox, EY Global Commercial and Commercial Banking Leader, […]
CashNews.co As the motor finance sector grapples with changing regulations, declining EV sales, and shifting consumer expectations, Andrew Williams, Senior Director for EMEA at FICO, highlights five key trends â from connected car data and feature subscriptions to the rising demand for hyper-personalisation â that are set to define the industryâs future. The automotive industry […]