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Tech stocks gain ahead of US jobs report
RIA NEWS MAY 03, 2024
Tech stocks gain ahead of US jobs report

Labour market data is due at 8.30am ET.

Bond traders now think Fed will move faster
RIA NEWS MAY 03, 2024
Bond traders now think Fed will move faster

Yields have fallen since the central bank's latest decision.

Gold heading for worst weekly loss since February
RIA NEWS MAY 03, 2024
Gold heading for worst weekly loss since February

Higher-for-longer rates expectation has weakened demand.

SVB Financial set to offload VC unit to Pinegrove affiliate
RIA NEWS MAY 03, 2024
SVB Financial set to offload VC unit to Pinegrove affiliate

Brookfield and Sequoia Capital are backing the buyers.

Hedge funds are making a run for safety, says Goldman
ALTERNATIVES MAY 02, 2024
Hedge funds are making a run for safety, says Goldman

Portfolio positioning data show a shift toward defensive stocks as investing pros turn skittish on rate uncertainty.

Wealthtech startup Altruist ascends to $1.5B valuation
FINTECH MAY 02, 2024
Wealthtech startup Altruist ascends to $1.5B valuation

The LA-based fintech challenging goliaths Schwab and Fidelity secures new fundraising after its revenue quintupled in 2023.

Investors are impatient, they want big earnings
RIA NEWS MAY 02, 2024
Investors are impatient, they want big earnings

Lacklustre results from corporates wont cut it after stock rally.

World economic outlook looks better, avoids stagflation
RIA NEWS MAY 02, 2024
World economic outlook looks better, avoids stagflation

OECD says inflation should prove less of a problem for many economies.

Why global money is buying Hong Kong stocks right now
RIA NEWS MAY 02, 2024
Why global money is buying Hong Kong stocks right now

Fed's interest rate decision has further fueled Hang Seng Index.

Does bitcoin slump suggest trouble ahead in global markets?
RIA NEWS MAY 02, 2024
Does bitcoin slump suggest trouble ahead in global markets?

Crypto 'canary' may signal future shocks.