KGWV · U.S. MARKET INTELLIGENCE
U.S. Treasuries came under pressure in morning trading and generally remained lower ahead of pricing for Alphabet’s planned $25 billion, 10-tranche corporate bond offering. Earlier, British media reported that if inflation data runs hot in the coming weeks, Fe…
Brazilian oil company Petrobras reported second-quarter adjusted EBITDA of 93.84 billion Brazilian reais, compared with analysts' expectation of 91.37 billion reais. Adjusted EBITDA excluding one-time events was 100.64 billion reais, while net income excluding…
CLS reported on Aug. 7, Beijing time, citing people familiar with the matter, that OpenAI will release a highly anticipated new device priced above $300. The device will have a ring-shaped design that makes it easy to move around the home. OpenAI believes the…
Federal Reserve official Musalem said the U.S. economy has shown resilience in recent months and that pursuing higher GDP by adopting an accommodative policy would be a mistake. Musalem also said future productivity growth from artificial intelligence is highl…
The Nasdaq Golden Dragon China Index rose 0.27% to 6,570.30, opening lower before moving higher through the session. Among popular Chinese concept stocks, Zai Lab initially closed up 13.7%. JinkoSolar rose 2.8%, Daqo New Energy gained 2.2%, NetEase advanced 1.…
Airbnb expects third-quarter revenue of $4.69 billion to $4.77 billion. Analysts expect revenue of $4.6 billion.
The U.S. storage-chip and hardware supply-chain index fell 3.73% Thursday to 189.71 points. The index made a sharp V-shaped move during the early U.S. session, reaching a session low of 179.46 points at 9:32 a.m. ET, equivalent to 9:32 p.m. Beijing time. It he…
Traders have flocked to options betting on further gains in the S&P 500, even as the benchmark index has remained in the shadow of its more volatile rival, the Nasdaq-100, in recent months. More than 4 million S&P 500 call option contracts changed hands Tuesda…
Maggie Fanari is CEO of J. Rothschild Capital Management, which manages RIT Capital Partners Plc, one of the United Kingdom’s largest investment trusts. Fanari described RIT as a “family office” focused on maximizing growth while minimizing downside risk. She…
A stop-loss is a basic investing and trading concept used to limit losses and control the risk of an individual position. It is also one of the most important risk-management tools for beginners developing trading discipline. This guide explains what a stop-lo…