Category: Markets

On Oct. 19, 2022, German automotive stalwart BMW Group (US:BMWYY, DE:BMW) announced its intentions to invest $1.7 billion in its U.S. operations. Specifically, the initiative centers on expanding its electric … Read More

Credit Suisse Group opted to tap investors for a painful multibillion-dollar capital raise to shore up confidence and fund a years-long reshaping that will carve out its investment bank and … Read More

The three major U.S. equity indexes closed higher on Tuesday, following a more-or-less steady path higher after the bell. The Dow Jones industrials ended the day up 1.07%, the S&P … Read More

Commonwealth Bank-owned online stockbroking firm CommSec and a business previously owned by the bank called AUSIEX have been hit with a record $27.1 million in fines for widespread failures over … Read More

Markets came alive Tuesday morning, as more earnings crossed the tape, as well as seemingly in anticipation of Microsoft and Alphabet’s earnings after the close. The tech-heavy Nasdaq was leading … Read More

This report was sent to Briefing.com subscribers earlier today. Upgrades: > Hapag-Lloyd Aktiengesellschaft (HPGLY) upgraded to Buy from Hold at Canaccord Genuity > YPF Soc. Anonima (YPF) upgraded to Outperform … Read More

The corporate regulator has launched court action alleging advertisements spruiking crypto asset Qoin misled consumers by giving them the false impression they could confidently exchange it for other currencies and … Read More

DeFi reserve currency protocol OlympusDAO lost roughly $300,000 after a hacker attacked its smart contract on Ethereum, security firm PeckShield reported Friday. The hacker drained 30,437 OHM tokens after a … Read More

This Thursday, Tether announced it is intending to launch USDT on 24,000 ATMs in Brazil in partnership with SmartPay. The launch date is set for November 3rd. Tether to Launch … Read More

Small-cap stocks are usually young companies that aspire to become large-cap or mega-cap one day. Thus, choosing the right small-cap stocks can offer attractive short and long terms gains. Such … Read More