What a fantastic six months it’s been for Kyndryl. Shares of the company have skyrocketed 44.9%, hitting $34.22. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at semiconductors stocks, starting with Seagate Technology (NASDAQ:STX).
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Cardinal Health (NYSE:CAH) and the best and worst performers in the healthcare providers & services industry.
Shareholders of Polaris would probably like to forget the past six months even happened. The stock dropped 49.3% and now trades at $41.90. This might have investors contemplating their next move.
(Bloomberg) -- Chinese stocks extended their slide from a three-year high, with investors citing a lack of fresh catalysts after a blistering rally. Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsThe Hang Seng China Ente
(Bloomberg) -- UK carbon jumped to the highest level since June after a minister said that the UK is discussing linking its carbon market to the larger trading system in the European Union.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Witho
LONDON (Reuters) -Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing the potential for instability in the gilts market, a benchmark for borrowing costs in Britain including mortgages, investors and hedge fund sources say. Bank of England chief Andrew Bailey said in February that non-bank institutions like hedge funds "can propagate liquidity stress in core UK financial markets, notably the gilt market". That is partly due to their activity in short-term lending markets, which more than a dozen sources - including portfolio managers, hedge fund executives and a former central banker - described to Reuters.
(Bloomberg) -- China’s government has mandated banks as it seeks to raise as much as 6 billion yuan ($830 million) from an inaugural sale of green bonds in London.Most Read from BloombergNew York Subway Ditches MetroCard After 32 Years for Tap-And-GoLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsDespite Cost-Cutting Moves, Trump Plans to Remake DC in His StyleAmtrak CEO Departs Amid Threats of a Transit Funding PullbackNYC Plans for Flood Protection Without Federal FundsA fixed in
Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. Technology stocks were the biggest weight on the market. The stocks are among the most valuable on Wall Street and have outsized impacts on the whether the market gains or loses ground.
NEW YORK (Reuters) -U.S. stocks followed their European counterparts lower and the dollar strengthened on Friday with few catalysts to stoke investor risk appetite amid lingering economic uncertainties and churning geopolitical tension. Chicago Federal Reserve President Austan Goolsbee said on Friday that it was an open question whether U.S. President Trump's whirlwind tariff actions would lead to persistent inflation and the Fed needed more time to "sort through" the manner in which the tariffs played out. A spate of central bank policy meetings held investors' focus for much of the week, with the U.S. Federal Reserve, the Bank of Japan and the Bank of England all holding rates steady.