Some 73% of CEOs think global growth will decline in the next year, which is the most pessimistic outlook in 12 years, according to a new survey by PwC.
China’s reopening will boost Hong Kong markets despite weak GDP print, HKEX chairman says
Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing’s disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha.
Goldman Sachs posts its worst earnings miss in a decade as revenue falls while expenses rise
Goldman Sachs on Tuesday posted its biggest earnings miss in a decade.
Bank of America upgrades Vodafone, sees stock rising by nearly 50%
Shares in Vodafone hit a 25-year low this month, but the company offers a dividend yield of 8.4% and BofA analysts say it’s a “buy.”
Losing GOP candidate arrested in string of shootings at New Mexico Democrats’ homes
Albuquerque police announced the arrest of Solomon Peña on Monday. He had expressed anger over his November loss and alleged that election fraud played a role, police said.
China reports 3% GDP growth for 2022 as December retail sales, industrial production beat estimates
China’s GDP for 2022 was expected to have grown by its slowest since 2020, the year the pandemic began.
China’s population drops for the first time in decades
China was widely expected Tuesday to report its first population decline in decades.
Cramer sees bullish signs starting to emerge in the stock market, just not in the same places as before
Being negative about stocks can be terrific, especially understandable after the year we just had. But staying negative can be lethal.
Analysts expect this under-the-radar global carbon capture stock to soar by up to 65%
New technology recently unveiled by the firm could further cut the energy needed for capturing carbon and add to company’s bottom line, analysts say.
Wall Street veteran whose fund returned 160% in 2022’s bear market shares his trading ‘bible’
Fund manager Neal Berger, who more than doubled his money last year, reveals how he trades the market.