Sunil Sahil
Even businesses with no income, no profit, and a track record of failing can get investors because of the thrill of funding a business that has the potential to turn a profit. But the truth is that investors will often collect their portion of a company’s losses if it has annual losses for a sufficient … Read more
The stock market has not moved much in the last days of the year. A Wall Street proverb that states “never short a dull market” was invoked by some traders, although worries have emerged due to overbought levels and cautions regarding too dovish Fed bets. The Nasdaq 100 and the Dow Jones Industrial Average just … Read more
According to the commerce ministry on Monday, South Korea exported $11.3 billion worth of products to the US in December, compared to $10.9 billion to China. The change in roles occurred as South Korea’s total exports increased 5.1% from the previous year – the third month of growth following a year-long decline. The shift in … Read more
Apple (AAPL) is the most valuable firm in the state of California and the whole United States, with a market capitalization above $3 trillion. Early in December, the manufacturer of iPhones crossed the $3 trillion threshold once more. With $2.79 trillion, IT giant Microsoft (MSFT), headquartered in Washington, isn’t far behind. Based on market capitalization … Read more
Global and CALGARY, AB, December 29, 2023 /CNW/ – With production and development operations concentrated in Converse and Natrona Counties, Wyoming, USA, Canadian Overseas Petroleum Limited (“COPL” or the “Company”) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration, production and development company, announces (the “Announcement”) (i) US$2.5 million of committed common share … Read more
The American semiconductor manufacturer Nvidia released an updated version of a cutting-edge gaming chip on Thursday that complies with export laws aimed at China. According to an Nvidia representative who talked to Reuters, Chinese consumers will be able to purchase the chip beginning in January. The business claims that it provides a “quantum leap in … Read more
Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that all of its outstanding 4.875% senior notes due August 13, 2024 (the “Notes”) will be redeemed on January 29, 2024 by its wholly-owned subsidiary Fairfax (US) Inc. at a redemption price that will be determined on January 24, 2024 in accordance with the Notes’ … Read more
With Wall Street drawing closer to the conclusion of a spectacular 2023, stocks on Thursday mainly increased. For the second day in a row, the S&P 500 (^GSPC) was close to reaching an all-time closing high of 4,796.56. On Thursday, the benchmark average climbed by just 0.04%. The tech-heavy Nasdaq Composite (IXIC) fell just below … Read more
Many economists, including those employed by the Federal Reserve, had predicted a recession this year as a result of the central bank’s decision to raise interest rates in an effort to reduce persistently high inflation. However, the economic slump never materialised. “A very high proportion of forecasters predicted very weak growth or a recession,” Powell … Read more
With Wall Street drawing closer to the conclusion of a spectacular 2023, stocks on Thursday mainly increased. For the second day in a row, the S&P 500 (^GSPC) was close to reaching an all-time closing high of 4,796.56. On Thursday, the benchmark average climbed by just 0.04%. The tech-heavy Nasdaq Composite (IXIC) fell just below … Read more
