Goldman Sachs now sees a smaller chance of a recession in the U.S. thanks to the peace agreement with Iran. The bank cut its 12-month recession odds to 15% from 25%, citing falling energy prices. It now sees an even lower chance of recession than it did before the war, when it put the odds at 20%.
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Investing.com -- Bank of America has shifted its Federal Reserve outlook, now forecasting three interest rate hikes totaling 75 basis points this year before an extended pause, pushing any prospect of rate cuts well into the future.
Warsh made his intentions clear -- and it's not the best news for an expensive stock market.
Asian stocks were mixed Monday with markets in Japan and South Korea trading higher, while oil prices edged lower on fresh optimism over progress in U.S.-Iran negotiations. Tokyo’s Nikkei 225 jumped 1.6% to 72,364.82, after reaching a new all-time record of 72,831.73 during intraday trading, helped by technology stocks that were fueled by excitement over the global artificial intelligence boom. Japan’s SoftBank Group, the multinational investment holding company with a strong AI focus, rose 2.4%.
BlackRock is trimming roughly 200 positions even as the asset management giant continues to deliver strong inflows, earnings growth, and expanding margins.
A framework peace agreement between the Trump administration and Iran has shifted the outlook for energy prices and inflation heading into the new week, as discussed on Friday’s edition of Maria Bartiromo’s “Mornings with Maria” on Fox Business. Crude prices recently reached their lowest level in more than three months at under $80 per barrel, ... Oil Falls to 3-Month Low After Trump’s Iran Deal. What It Means for Inflation
SpaceX (SPCX) stock slid for two straight sessions before Thursday’s close, dropping from a post-IPO high of $225.64 to $185.00. Then a top Wall Street analyst made one of the boldest calls yet on the stock. Arete Research initiated coverage of SpaceX on June 18 with a Buy rating and a price target ...
The pullback in the largest public debut in history is the easy story to tell. But two events this summer may say far more about where the stock heads next.
Corporate bond issuance in the year through May totaled $1.23 trillion, up 21% from a year ago.
Netflix has built some of its biggest streaming conversations around stories audiences thought they already knew. That has made documentaries and docuseries especially valuable for the company. They can turn old scandals, celebrity careers, and pop-culture moments into new viewing events years ...
Fed rate-cut delays and weaker ETF inflow expectations prompted Goldman to lower its December gold forecast.
Asda also reported that like-for-like sales slipped 3.1% lower year-on-year, excluding fuel.
BENGALURU, June 19 (Reuters) - India's Nifty IT index slumped 5.8% on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its
(Bloomberg) -- Goldman Sachs Group Inc. cut its year-end gold forecast by $500 an ounce as the Federal Reserve is no longer seen reducing rates in 2026.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealNYC Greek Eatery Kiki’s Seized for Failure to Pay $1 Million TaxUS Ends Hormuz Blockade, Downplays Tolls as Negotiations RestartThe revised target
U.S. Commerce Secretary Howard Lutnick outlined concerns to Dutch chip-equipment firm ASML's senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of U.S.-led export restrictions, Bloomberg News reported on Thursday. In a series of meetings, Lutnick expressed concern to ASML executives over the firm's extreme ultraviolet lithography, or EUV machines, the report added, citing people familiar with the matter. (Reporting by Anusha Shah in Bengaluru; Editing by Muralikumar Anantharaman)
Cathie Wood, head of Ark Investment Management, is known for making bold bets on disruptive tech companies. Yet Wood recently reduced one of her favorite investments, Palantir, after the stock fell roughly 28% year to date. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the ...
The complaint was filed on Wednesday in the U.S. District Court for the Central District of California, TechCrunch reported.
Comcast’s cash returns remain a key support, with July earnings set to test whether cable trends and Peacock losses are moving in the right direction.
Institutional investors are likely Exxon buyers, says Invest With Rules' Scott Bennett. Here's why.
The Federal Reserve's pivot to soften Basel III capital requirements marks a fundamental shift, loosening the regulatory noose that has constrained U.S. banks since 2008.
In a filing with the Securities and Exchange Commission, Pfizer said Executive Vice President and Chief Financial Officer Dave Denton notified the company on June 16 that he will step down effective August 15.
(Adds company's comments in paragraph 3, 4 and 5) Three Amazon.com (AMZN) employees claim the com
(Updates price move in second paragraph.) Gold was lower in late-day trading Thursday as the doll
Consulting giant forecasts $17.75 billion to $18.4 billion in quarterly revenue as bookings decline 2%.
Azure and AWS could face DMA obligations on interoperability, customer lock-in, and self-preferencing if EU regulators proceed.
(Bloomberg) -- Bitcoin extended its slide back toward the $60,000 level. The decline is driven by mounting concerns over the unraveling of Strategy Inc.’s funding mechanism, alongside rate-hike fears that are dampening demand for riskier assets. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached
Investing.com -- Stifel downgraded software company Intuit to "Hold" from "Buy" and slashed its price target to $275 from $375, citing expectations that the company will lower its long-term growth outlook for key businesses as it shifts toward more value-based pricing strategies.
Shares of Elon Musk's rockets-to-AI firm SpaceX dropped nearly 9% on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 8.8% to $174.8, after falling nearly 5% in the last session. Despite the losses, the stock still traded more than 29% above its $135 offering price.

Scott Melker discusses Kevin Warsh's debut, CME suing its own regulator, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.