ValueAct Capital Management have built up a $1 billion share stake in Meta Platforms and has become the second-largest stockholder of the company.
For the first time since 2021, bonuses of Wall Street executives are expected to increase, as indicated by Johnson Associates.
The world's top cryptocurrency continues its surge, as new all-time highs continue to be reached in the aftermath of the US elections.
The recently ended Boeing worker strike has decreased the firm's jet deliveries to just 14 aeroplanes.
Investment firms have been eyeing the Indian stock market as an alternative to investment in China, as the Chinese market might suffer due to Trump's policies.
Nestle has signed a KitKat brand sponsorship agreement with Formula 1, as the incoming CEO is changing the way the firm promotes its products.
The President of Brazil Luiz Inacio Lula da Silva has asked the country's Congress to reduce spending.
As regulatory pressure has been growing, Indian authorities have summoned representatives of Flipkart and Amazon as part of an investment lawbreaking investigation.
Reuters has published a report that indicates that Walmart and other US retailer have reduced holiday imports, as the firms forecast mediocre sales.
The Japanese banking giant SoftBank Group has revealed that it expects its quarterly profits to reach $1.87 billion due to conducting successful initial public offerings.
On Monday, the stock price of Tesla continued the major rally that started in the aftermath of the US elections. The stock's gains are near 50% over the span of a week.
Goldman Sachs has revealed that in the aftermath of the US elections, hedge funds have been selling off green energy stocks and bought up shares of various banks.
The Chinese semiconductor index has reached a 3-year-high level, as the markets speculated that a potential ban of TSMC exports to China could boost the local firms.
Bitcoin has surged past $80,000, hitting a new all-time high following the US election results and after news that Charles Hoskinson will be joining U.S. government to participate in implementation of crypto policy in the United States.
Reuters has reported that the Chinese government has ordered Chinese carmakers to pause investment in EU countries that backed the recent electric vehicle tariffs.
Due to strong sales of Skyrizi and Rinvoq, AbbVie has increased the firm's 2024 profit forecasts.
The foodstuff firm Kraft Heinz has announced that it is decreasing it 2024 sales forecast due to the observation of declining demand.
Reuters has revealed that the Italian government is preparing to sell its stake in Monte Paschi on the market, as it has failed to find a buyer for the stake. A sale in market, not to a certain buyer, is set to cause a price decline.
Reuters has revealed that Volvo Cars intends to oust Northvolt from a common electric vehicle battery venture.
Standard Chartered has announced that it will double investment in its wealth unit and decrease focus on retail banking.
Aston Martin has recently revealed that it has lost fewer funds than forecast, during the third quarter of 2024.
The US Federal Reserve cut interest rates at 19:00 GMT on Thursday. The central bank reduced the base rate, as expected, by 0.25%. The current rate stands at 4.75%.
As the Chinese banking sector has reported quarterly financial results, it has been observed that the sector has managed to remain profitable, despite declining margins.
The US carmaker has been forced to recall 33,000 RAM trucks. The National Highway Traffic Safety Administration has ordered the recall due to issues with electronic stability control.