Stocks

Analysis - Investors Seek Value in Clobbered U.S. Regional Bank Shares

As U.S. banking contagion worries ebb, some investors are hunting for shares of fundamentally strong regional lenders that were swept up in this month’s epic sell-off. Investors sent a record net $236.2 million into the iShares Regional Bank ETF over the last two weeks, after Silicon Valley Bank’s collapse earlier this month fueled concern about […]

Shares Fall as Market Stress Stokes Volatility

Global shares fell for a sixth day on Tuesday as a brewing U.S. banking crisis prompted investors to downgrade their expectations for interest rate hikes, even ahead of key inflation data later in the day. As recently as a week ago, investors were just recovering from a reality-check that prompted many to assume that rates […]

Chatgpt Mania Pumps up Chinese AI Technology Stocks

Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around the Microsoft-backed ChatGPT chatbot spurs speculative bets on the revolutionary computing technology. Just two months after its launch, ChatGPT – which can generate articles, essays, jokes and even poetry in response to prompts – has been rated the fastest-growing […]

Goldman Sachs Platform Solutions Business Lost $3 Billion in Nearly Three Years

Goldman Sachs Group Inc lost $3.03 billion in nearly three years on its platform solutions business that houses transaction banking, credit card and financial technology businesses. This is the first time that Goldman has given a detailed look into the financials for the consumer and fintech arms that were intended to diversify the Wall Street […]

What 2022 Held for the Telecom Sector

It would be an understatement to say that the past 12 months have been filled with challenges. Although there were highs and lows in the telecom industry, ultimately, we were all able to succeed. We can’t help but look back on everything as 2022 approaches. Now is the time to reflect on the circumstances that […]