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The S&P 500 will crash 30% by December as spending slumps, profits shrink, and banking problems mount, markets guru Larry McDonald warns

Larry McDonald, the founder of "The Bear Traps Report," predicts the main US stock index will plung…

Theron Mohamed   


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Sensex, Nifty slump following global market cues

The market is delicately poised with strong headwinds and some tailwinds, say analysts. The headwin…

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1 min read

Some investors are getting tempted by cheap China stocks that have slumped 60% in 2 years — but the market started 2024 in the red

One-third of 417 respondents to Bloomberg's Markets Live Pulse survey said they plan to invest more…

Huileng Tan   


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2 mins read

Nvidia and other AI stocks are slumping. 'Amara's Law' explains why.

AI hype drove huge gains among some tech stocks in the first half of 2023. Lately, that has gone in…

Alistair Barr   


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Home flipper profits are slumping at their fastest pace since the 2009 recession and the prognosis isn't any better for 2023

Higher-end flips are dragging the overall margins down while the lower-end sector remains robust, s…

Kelsey Neubauer   


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The crisis in the Middle East could fuel a flare-up in inflation and hasten an economic slump for the US

Should Iran become embroiled in the crisis in the Middle East, it could have disastrous consequence…

George Glover   


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1 min read

A Chinese Tesla rival, backed by Warren Buffett, is buying back its own shares to stop a stock-market slump

BYD's stock price has tumbled 22% this year, even as it closes in on overtaking Elon Musk's company…

George Glover   


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Stocks face a laundry list of dangers and could slump within months, warns one elite investor

The many risks to stocks include AI disappointment, an economic slowdown, and more banking woes, sa…

Theron Mohamed   


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Arm and Instacart's splashy IPOs won't be enough to revive a market in a slump reminiscent of the dot-com bust

Startup and IPO experts see parallels between now and two decades ago, when scores of companies fai…

Phil Rosen   


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1 min read

China is probing hedge funds that profit from its economic misery, report says

Beijing has put the squeeze on brokerages that use quantitative strategies to short sell the market…

George Glover   


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The Fed's war on inflation is hitting the profits of S&P 500 firms, Goldman Sachs says

Higher borrowing costs weighed on S&P 500 companies this year as the Fed fought inflation by jackin…

Jennifer Sor   


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Yes Bank stock slips 5% as high provisions drag down its Q4 net profit

$YESBANK.NSE Stock is trying to gain some support near Rs 12-15 range, but momentum is missing in t…

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The US economy is surging – but problems elsewhere could still torpedo profits for big companies like Apple and Tesla

China's slowing economy and the war between Israel and Hamas are spooking top American executives d…

Huileng Tan,George Glover   


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2 mins read

Apple, Microsoft, Tesla, and Meta see a combined $625 billion wipeout in market value amid August's stock slump

Four Big Tech companies - Apple, Microsoft, Tesla, and Meta - have lost a combined $625 billion in …

Zahra Tayeb   


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Sensex, Nifty50 halt 9-day rally, Infosys slumps over 9%

Equity benchmark indices Sensex and Nifty buckled under selling pressure after nine-session rally o…

PTI   


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1 min read

Elon Musk has displaced Bernard Arnault as the world's richest person, as Tesla stock surges and LVMH slumps

Musk surpassed Arnault as the wealthiest person on the planet on Wednesday, after Paris-listed LVMH…

George Glover   


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'Big Short' investor Michael Burry rang the alarm on bloated inventories last year. Maersk's shipping slump suggests he was right to worry.

Michael Burry predicted a "disinflationary overstock consumer recession" last year. Maersk's earnin…

Theron Mohamed   


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Home sales see shrinking profits as prices fall in most of the US

Profit margins on typical home sales dipped to a two-year low nationwide in the first quarter, ATTO…

Phil Rosen   


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Cisco slumps 4% as weak profit guidance overshadows 3rd-quarter earnings beat

"We are also seeing similar component shortage supply issues as our peers," said Cisco CEO Chuck Ro…

Carla Mozée   


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Bitcoin price slump cost Tesla $23 million — but the company still managed net profit of $1 billion

The company also doesn’t follow the ‘end of the quarter’ approach. It takes an…