Tag: finance yahoo

Tech stocks holding ‘very, very narrow leadership’ in markets, the expert explains

ETF Think Tank Director of Research Cinthia Murphy joins Yahoo Finance Live to discuss the state of the market, the debt ceiling, inflation, tech stocks, AI, and rate cuts.

Video Transcripts

– It’s been a choppy month for markets, between the Fed decision and the debt ceiling showdown. Investors are showing, though, signs of what our next guest says is, quote, “tep bullishness.” Joining us now is ETF Think Tank Director of Research Cinthia Murphy for this ETF Report brought to you by Invesco QQQ.

So let’s get right into this, Cinthia. Tell us about the leadership. Where is the

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Whereinflation is back to normal

Inflation is coming down. But it’s been three crazy years since COVID arrived in 2020 and set the economy on a series of wild swings that still haven’t completely abated. So what’s back to normal? And what isn’t?

The annual inflation rate is now 4.9%, down from a peak of 9% last June. Before COVID, it was around 2.3%. So overall inflation is still more than double the pre-COVID level. But the Consumer Price Index includes dozens of spending categories and some of them are back to pre-COVID trend lines.

The following two charts show the price changes in several

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10% Owner of Portman Ridge Finance Purchased $1.33M In Stock By Benzinga


© Reuters. 10% Owner of Portman Ridge Finance Purchased $1.33M In Stock

Benzinga – Repertoire Master Fund LP10% Owner at Portman Ridge Finance (NASDAQ:PTMN), reported a large insider buy on May 2, according to a new SEC filing.

What Happened: A Form 4 filing from the US Securities and Exchange Commission on Tuesday showed that LP purchased 60,208 shares of Portman Ridge Finance. The total transaction amounted to $1,325,713.

Portman Ridge Finance shares are trading up 0.45% at $20.05 at the time of this writing on Wednesday morning.

Now trade stocks online commission free with Charles Schwab, a trusted

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The most promising project of 2023 RenQ Finance (RENQ) raises $15 Million in its Ongoing Presale.

RenQ Finance (RENQ) is a decentralized finance (DeFi) platform that has been gaining a lot of attention in the cryptocurrency market.

With its innovative features, strong community support, and growth potential, RenQ Finance is considered by many to be the most promising project of 2023. In its ongoing presale, RenQ Finance has already raised $15 million, which is a testament to the project’s potential.

The Presale

RenQ Finance’s ongoing presale, which began in February 2023, has been a huge success. As of the time of writing, the presale has raised $15 million, which is a significant amount of money for

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Twitter to let users access stocks, crypto via eToro in finance push

Elon Musk told a Morgan Stanley conference last month he wants Twitter to become “the biggest financial institution in the world.”

Budrul Chukrut | Sopa Images | Lightrocket via Getty Images

Twitter will let its users access stocks, cryptocurrencies and other financial assets through a partnership with eToro, a social trading company.

Starting Thursday, a new feature will be rolled out on the Twitter app. It will allow users to view market charts on an expanded range of financial instruments and buy and sell stocks and other assets from eToro, the company told CNBC exclusively.

Currently, it’s already possible to

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Jamie Dimon says the banking crisis is not over yet, blames the Fed for problems

Dimon points finger at regulators for bank collapses

Bloomberg News

Hannah Levitt

Published April 04, 2023 • Last updated 1 week ago • 3 minute read

JPMorgan & Chase chief executive Jamie Dimon in February.
JPMorgan & Chase chief executive Jamie Dimon in February. Photo by Marco Bello/Reuters

Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the United States Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed.

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Stocks sink, yields tumble, oil prices steady: Stock market news today

US stocks sank and oil prices held steady Tuesday as new data showed fresh signs of labor market cooling and declining factory orders from businesses.

The S&P 500 (^GSPC) decreased nearly 0.6%, and the Dow Jones Industrial Average (^DJI) slipped around the same amount. The technology-heavy Nasdaq Composite (^IXIC) 0.5% slides.

Oil prices steady, with WTI crude oil — the US benchmark — wavering around $80 a barrel. After Monday’s big gains, oil was back in its four-month trading range after OPEC+ announced it would slash output by 1.16 million barrels per day.

On the economic front, vacancies at US

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RBC helped arrange US$5.4B of ‘sustainability-linked’ financing for coal mine operator – National

Royal Bank of Canada is one of many global lenders who want to show that being green isn’t only about the color of money, but recent revelations about its investment in fossil fuel companies call into question its climate-action bona fides.

Global News has learned — from financial data firm Refintiv — that those arrangements include involvement in two significant credit lines to energy giant RWE, most recently in the news for its expansion of a coal mine in western Germany.

Data compiled in an analysis by environmental NGOs shows that since 2016, RBC is estimated to be the fifth-largest

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