The tech-heavy Nasdaq led a selloff among Wall Street’s main indexes, falling over 3% to a near six-month low, on fears that a tariff war could spark an economic slowdown.
Read More Nasdaq falls over 3% to six-month low on growth concerns
Tag: Goldman Sachs
HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Hedge fund stock-pickers lost billions of dollars on Monday in a rout in global technology shares sparked by the emergence of a low-cost Chinese AI model.
Read More HEDGE FLOW Stock hedge funds post big one-day drop in DeepSeek rout, say Goldman data
Southwest Airlines, American lift forecasts as holiday travel takes off
Southwest and American lifted their fourth-quarter forecasts, betting on buoyant domestic travel demand during the holiday season and improved pricing.
Read More Southwest Airlines, American lift forecasts as holiday travel takes off
US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business.
Read More US watchdog agency orders Goldman Sachs, Apple to pay $89 million over consumer failures
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December.
Read More Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
China’s robot makers chase Tesla to deliver humanoid workers
China is chasing Tesla in the race to build battery-powered humanoids expected to replace human workers building EVs on assembly lines.
Read More China’s robot makers chase Tesla to deliver humanoid workers