Amazon stock is trading cheaply on 1 valuation metric after broader stock market rout
The sell-off in tech is severe.
The sell-off in tech is severe.
(Bloomberg) -- A rush by European governments to boost military spending has unleashed a rally in defense stocks so strong that they’re now as richly valued as the region’s high-flying luxury names. Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ o
Mercedes-Benz will develop smart driving cars for global markets equipped with Hesai's lidar sensors, a person with direct knowledge said, the first time a foreign automaker has sought to use such Chinese-made technology for models sold outside China. It coincides with an increase in trade tensions as the U.S. intensifies efforts to restrict the adoption of Chinese components and software solutions in vehicles developed by global automakers. The person, who declined to be named because the matter is private, said Mercedes had deliberated for months over the decision because of legal and geopolitical risks.
Shares of Kohl's tumbled in premarket trading Tuesday after the struggling retailer's forecasts for fiscal 2025 fell short of what analysts had expected.
Wall Street strategists are increasingly turning bullish on European stocks, while downplaying US equities.
Central bank body, the Bank for International Settlements, has refrained from voicing its usual concerns about rising debt, noting markets' positive reaction to Europe's plans to ramp up defence spending in response to U.S. security policy shifts. The central bankers' central bank as the BIS is known, warned in its latest global report that U.S. President Donald Trump's tariffs led to unusually high uncertainty and market volatility, although it still expects the world's economy to avoid recession. U.S. bond yields, the dollar and stocks have all fallen in recent weeks on signs the economy there is now slowing, while Germany's dramatic plans to overhaul its debt limits as part of a wider European increase in defence spending has seen the sharpest rise in its bond yields since reunification in 1990.
(Bloomberg) -- Treasuries pared gains as the global stocks selloff showed signs of easing, with investors turning their attention to a wave of important reports on the health of the American economy.Most Read from BloombergNJ College to Merge With State School After Financial StressNYC Congestion Pricing Toll Gains Support Among City ResidentsBuffalo’s Billion-Dollar Freeway Fix Is on Ice, But Not Because of TrumpWhere New York City's Zoning Reform Will Add HousingInside the ‘Not Architecture’ o
If you plan to call it quits at work within a decade, or you’ve just retired, you may want to take steps to minimize what’s called sequence risk, which is the risk that the market falls, reducing the value of your portfolio, during the earliest years of your retirement.
News of the day for March 11, 2025
Carbonate fuel cell technology developer FuelCell Energy (NASDAQ:FCEL) fell short of the market’s revenue expectations in Q4 CY2024, but sales rose 13.8% year on year to $19 million. Its GAAP loss of $1.42 per share was 7.1% above analysts’ consensus estimates.