Nike shares fall 8% as shoemaker anticipates drop in sales

Nike’s stock plunged by almost 8% on New York Stock Exchange (NYSE) during early trading on…

Jeff Bezos offloads $2 billion worth of Amazon shares

Jeff Bezos has offloaded Amazon shares worth $12 million this week. According to recent stock market…

China’s Didi Global plans Hong Kong listing in 2024: Report

Didi Global Inc, China’s biggest ride-hailing company, plans to list its shares on the Hong Kong…

Credit Suisse Shares No Longer Fit For New York Listing

Credit Suisse is listed in New York under a “Depositary Shares” scheme. Switzerland: Battered shares in…

Wall Street drifts at the end of a bumpy week

The S&P 500 was higher 0.6% in afternoon trading. Despite its big swing earlier this week,…

A study shows that Wall Street traders have lost their ego

In December, a team of researchers from the Federal Reserve Bank of New York, the University…

Shares rise despite profit decline

This year’s stock rally has one surprising feature: A tiny fraction of revenue at large U.S.…

NYSE Mayhem Traced to an Employee Who Left a Backup System Running

More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on…

The Fed is still not the enemy. 1 For Wall Street Traders Eyeing Bonds

Wall Street money managers looking to pile back into the Treasuries after months of losses will…

US Federal Reserve hikes another big rate, but hints at a pullback

The Fed’s move raised its key short-term rate from 3.75% to 4%, its highest level in…