Wall Street

Wall Street hits record high as Donald Trump returns as United States president

Wall Street is anticipating lower taxes, deregulation and a US president who is quick to sound off on everything from the stock market to the dollar, even though tariff hikes could bring challenges in the form of higher deficit and inflation.

06 November 2024, 17:07 IST

Wall Street hits record high as Donald Trump returns as United States president

06 November 2024, 17:07 IST

Wall Street gains on US election day as technology, chip stocks rise

The final outcome could take days as opinion polls in the campaign's final days showed the contest between Republican Donald Trump and Democrat Kamala Harris was too close to call.

05 November 2024, 17:26 IST

Wall Street gains on US election day as technology, chip stocks rise

05 November 2024, 17:26 IST

Is Elon Musk the bankers' Moby Dick? Not yet

Big banks study the full package of what their whales are worth over years. Since the financial crisis of 2008, the strategy across Wall Street has been to focus on ever-smaller groups of the very biggest clients, and get from them the greatest share of revenue for everything they might do in the corporate and personal worlds. Musk epitomizes this model.

22 August 2024, 10:39 IST

Is Elon Musk the bankers' Moby Dick? Not yet

22 August 2024, 10:39 IST

Nvidia sales grow so fast that Wall Street can’t keep up

For more than a year now, a surge in demand for Nvidia’s chips sparked by the frenzy surrounding AI has made a mockery of Wall Street’s quarterly financial estimates.

24 June 2024, 07:20 IST

Nvidia sales grow so fast that Wall Street can’t keep up

24 June 2024, 07:20 IST

Dilemma on Wall Street: Short-term gain or climate benefit?

The news from Wall Street lately has mostly been about retreat from climate goals, rather than recommitment.

20 June 2024, 16:57 IST

Dilemma on Wall Street: Short-term gain or climate benefit?

20 June 2024, 16:57 IST

Investors scour the globe for shelter as Wall Street shakes

Global investors are eyeing European and emerging market assets to protect themselves from further turbulence in US stocks and bonds as stubborn inflation causes bets on the timing of Federal Reserve interest rate cuts to be revised.

01 May 2024, 05:55 IST

Investors scour the globe for shelter as Wall Street shakes

01 May 2024, 05:55 IST

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

The benchmark SP 500 has slid more than 4% this month through Thursday, cutting its gains for the year to about 5%.

19 April 2024, 09:43 IST

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

19 April 2024, 09:43 IST

Wall Street snubs China for India in a historic markets shift

Much of that cash is now heading for India, with Wall Street giants like Goldman Sachs Group Inc. and Morgan Stanley endorsing the South Asian nation as the prime investment destination for the next decade.

06 February 2024, 04:30 IST

Wall Street snubs China for India in a historic markets shift

06 February 2024, 04:30 IST

Tech’s growth woes pose risk to India stocks’ sizzling rally

An estimated slowdown in revenue growth for India’s top technology companies is threatening to stall the relentless surge in the nation’s stocks, which were among Wall Street’s top emerging-market picks.

11 January 2024, 03:15 IST

Tech’s growth woes pose risk to India stocks’ sizzling rally

11 January 2024, 03:15 IST

Inside Wall Street's scramble after ICBC hack

The blackout left the brokerage temporarily owing BNY Mellon $9 billion, an amount many times larger than its net capital, a measure of resources at hand to promptly satisfy claims.

13 November 2023, 06:46 IST

Inside Wall Street's scramble after ICBC hack

13 November 2023, 06:46 IST