Posted: March 30, 2023 7:54 PM ET Investors looking for yield in cash-based investments invested an additional $66 billion in money market funds this week, bringing total assets to a record $5.2 trillion, according to the Investment Company Institute. dollars. The bulk of weekly inflows, at $71 billion, went into government funds, which invest in …
Money market fund assets hit new high of $5.2 trillion, ICI says Read More »
The interest rate hikes and market volatility that hit risky investments last year have finally caught up with green startups. The sector, which includes everything from renewable energy to speculative climate technologies, had consistently pulled in the money over the past year in a record slew of fundraisers. In the first quarter, funding for these …
Climate finance is squeezed by market volatility Read More »
Posted: Mar 29, 2023 3:08 a.m. ET By Kyle Morris Aeorema Communications PLC said on Wednesday that pre-tax revenue and profit reached record highs for the first half of fiscal 2023 after seeing continued growth and major investments. The live events company said pre-tax profit for the six months to December 31 was £326,021 ($402,375) …
Alibaba shares soared on Tuesday after the Chinese tech giant announced it would split into six units, including one for cloud computing, which will explore fundraising, including possible initial public offerings . U.S.-listed Alibaba shares (ticker: BABA) jumped 7.4% in premarket trading as investors digested what marks the biggest governance overhaul in the company’s 24-year …
Alibaba’s stock soars. Get ready for an unprecedented shakeup and spinoff. Read More »
Posted: March 24, 2023 4:45 PM ET Shares of Chipotle Mexican Grill Inc. CMG slid 0.51% to $1,624.25 on Friday in what turned out to be an overall positive trading session for the stock market, the S&P 500 SPX Index. rising 0.56% to 3,970.99 and the Dow Jones Industrial Average DJIA up 0.41% to 32,237.53. …
Shares of Chipotle Mexican Grill Inc. fall on Friday and underperform the market Read More »
If ChatGPT is your crazy Uncle Leo, Google’s Bard is your good Aunt Martha. You know, the one who covers his couch with plastic. On Tuesday, Alphabet Inc.’s Google released its artificial intelligence chatbot challenger, a response to OpenAI’s ChatGPT and Microsoft Corp.’s Bing chatbot, which uses OpenAI technology. As with the others, you type …
Bard vs. ChatGPT vs. Bing AI Chatbots: Why Google Built a Boring One Read More »
This article is from the free weekly Barron’s Tech email newsletter. Sign up here to have it delivered straight to your inbox. Giant slayer. Hi every one. We have a special edition of the newsletter today covering one of the world’s most promising and disruptive private start-ups: design software maker Canva. The Australia-based company, which …
Canva could be the next big IPO. How the start-up beats Big Tech. Read More »
The stock market could become volatile, but meanwhile, companies returning large sums of cash to shareholders can boost returns for investors. The most recent risk is that the current banking problems will reduce bank lending and cause the economy to slow. This makes owning stocks in companies that make investors a lot of money attractive. …
Comcast and other money-making stocks can help investors in a tough market Read More »
Posted: March 23, 2023 6:33 a.m. ET Shares of Tech Mahindra Ltd. 532755 rose 0.07% to 1,099.75 Indian rupees on Thursday in what turned out to be an overall dismal trading session for the stock market, with the S&P BSE Sensex 1 index falling 0.50% to 57,925.28. Tech Mahindra Ltd. closed 475.05 rupees below its …
Tech Mahindra outperforms the market on a strong trading day Read More »
Federal Reserve Chairman Jerome Powell said on Wednesday that credit conditions would tighten after the bankruptcies of several U.S. regional banks, but cautioned against expectations of a central bank rate cut in 2023. “The question for us, however, is how important will it be?” Powell spoke of tighter credit conditions that could hurt households and …
Powell says there won’t be a rate cut in 2023, but the bond market disagrees Read More »
