Tax credit for tech investors could triple under proposed New Jersey bill
TRENTON, N.J. — A new bill introduced in the New Jersey Senate would triple the state’s tax credit for investments in emerging technology startups, aiming to stimulate early-stage funding in smaller high-tech…
Salesforce’s strong stock price wooed some investors during third quarter – filings
By Svea Herbst-Bayliss NEW YORK (Reuters) – Boasting a booming share price, Salesforce attracted more investor cash during the third quarter even as one of the software company’s early public critics further…
Renault seeks to charge up investors for EV unit IPO
By Gilles Guillaume PARIS (Reuters) – Renault will try on Wednesday to fire up doubtful investors ahead of a planned market listing of its electric vehicle (EV) unit Ampere, a key plank…
Investors increase holdings of weight-loss drug makers’ shares in Q3 -filings
By Carolina Mandl NEW YORK (Reuters) – Some big investors showed increased appetite for weight-loss drug makers in the third quarter, piling in to shares of Eli Lilly and Novo Nordisk amid…
Investors wary of lingering Treasury volatility as US stocks rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A still-jittery bond market is clouding the outlook for a rally in U.S. stocks, analysts tracking measures of market volatility said. Stocks and bonds…
Investors pull away from GM’s Cruise bet
By Joseph White and David Shepardson DETROIT (Reuters) – General Motors’ bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 is facing its toughest test. GM Chief…
Japanese investors slow investments in overseas bonds and equities in Oct
(Reuters) – Japanese investments in foreign bonds and equities slowed in October, influenced by higher U.S. bond yields and a depreciating yen, data from Japan’s Ministry of Finance showed. According to the…
Analysis-Some investors see Powell’s hawkish lean as response to looser financial conditions
By Davide Barbuscia and David Randall (Reuters) – A hawkish lean from Federal Reserve Chair Jerome Powell chilled a recent rebound in stocks and bonds, with some investors suggesting the central bank…
Former Malibu Resident Sentenced to More Than 15 Years in Prison for Conning Investors with Bogus Promises of Discounted Alibaba IPO Shares
LOS ANGELES – A former Malibu resident was sentenced today to 188 months in federal prison for defrauding several individuals out of more than $3 million with bogus claims that he had…
Investors spurn options hedges as U.S. stock rally crushes fear
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Fear has plunged in the U.S. equity market following last week’s explosive rally, and some options mavens are urging clients to stock up on…
Foreign investors trickle back into Asian equities on hopes of Fed rate cycle peak
By Gaurav Dogra (Reuters) – Foreign investors are tiptoeing back into Asian equities in November, reversing a trend of heavy selling over the past three months, as easing concerns over aggressive interest…
Investors on track to pour $1.3 trillion into cash funds in 2023 – BofA
By Harry Robertson LONDON (Reuters) – Investors are on track to have put $1.3 trillion into cash funds in 2023, according to Bank of America and data provider EPFR. BoFA’s weekly Flow…
Mondelez treats investors with third annual forecast hike on firm demand
By Savyata Mishra (Reuters) -Mondelez International hiked its annual sales and profit growth forecasts for the third time this year on Wednesday, betting on consumers to continue snacking on the Oreo maker’s…
Hedge fund investors pull $80 billion from industry in 2023 – Aurum
By Nell Mackenzie LONDON (Reuters) – The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits of about…
Retail investors seek to buy the dip on US megacaps -Vanda Research
By Lewis Krauskopf NEW YORK (Reuters) – Retail investors appear to be eager to buy up shares of the big U.S. tech and growth stocks that have been under pressure from mixed…
US investors extend equity fund sell-off amid rising bond yields
(Reuters) – U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict. According to LSEG data, investors…
Some big Wall Street investors call top in Treasury yields after 5% hit
By David Randall NEW YORK (Reuters) – Several of Wall Street’s biggest names are calling a top on longer-dated Treasury yields, after yields on the benchmark 10-year note briefly rose above 5%…
Woke Investing Takes Massive Hit As Investors Lose Interest: REPORT
Woke Investing Takes Massive Hit As Investors Lose Interest: REPORT Jason Cohen on October 23, 2023 Environmental, Social and Governance (ESG) funds lost billions in the third quarter as demand among investors…
Vanguard bets on long-term US Treasuries after ‘cruel summer’ for bond investors
By Davide Barbuscia NEW YORK (Reuters) – U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year’s brutal selloff, betting that the Federal Reserve is at the end of its…
Analysis-Swiss franc shines as investors scramble for safe assets
By Naomi Rovnick and John Revill LONDON/ZURICH (Reuters) – The potential for the Israel-Hamas conflict to worsen and poor corporate earnings have sent investors scrambling for safety with few havens left, as…
Analysis-Dollarization, devaluation, debt: potential traps for Argentina investors
By Rodrigo Campos NEW YORK (Reuters) – Argentines will on Sunday move a step closer to deciding who will run the $600 billion economy engulfed by a deep crisis that involves runaway…
Silicon Valley Executive Sentenced For Defrauding Investors And Participating In Covid-19 And Allergy Testing Scheme
SAN JOSE – The president of a Silicon Valley-based medical technology company was sentenced today to eight years in prison and ordered to pay $24 million in restitution for participating in a…
Silicon Valley Executive Sentenced for Defrauding Investors and Participating in COVID-19 and Allergy Testing Scheme
The president of a Silicon Valley-based medical technology company was sentenced today to eight years in prison and ordered to pay $24 million in restitution for participating in a scheme to defraud…
Analysis-China’s growth surprise is not tempting investors
By Rae Wee and Summer Zhen SINGAPORE (Reuters) – September data from China offered plenty of welcome surprises, with faster-than-expected growth, falling unemployment and a glimmer of momentum in consumption, but investors…
What risk? China investors snap up local government bonds as Beijing tackles big debts
By Li Gu and Tom Westbrook (Reuters) – Chinese investors are rushing to buy bonds of local government financing vehicles (LGFVs), including from the riskiest issuers, as Beijing’s fresh attempts to reduce…
Tesla earnings: investors watching margins, deliveries, self-driving
By Akash Sriram (Reuters) – Tesla’s margins are likely to drop in the third quarter and take a bigger hit in the last three months of 2023, leaving investors fretting about more…
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