Chinese top stocks shed nearly US$70 billion in US
The Nasdaq Golden Dragon China Index fell 14% Monday and is down nearly 80% from its February 2021 peak.
Investing
The $5 billion renewables fund backing the big green superpower opportunity
The new deals will be the catalyst for transformation of what is currently a Quinbrook portfolio business into a platform business.
Coming up in the markets
Federal Budget, inflation numbers and central bank meetings overseas are the focus for markets.
How stocks and bonds cratered during Liz Truss’ tenure
Bond yields in the U.K. and U.S. skyrocketed to their highest levels since 2008 as the market lost confidence in governments’ ability to navigate a looming recession and digested sticky inflation data.
What economic slowdown? Airlines are not seeing it
In the past week, the three largest legacy U.S. airlines have all reported third-quarter revenue in the double-digit billions, with a B.
Netflix adds 2.4 million subscribers after months of declines
In November, Netflix plans to launch a cheaper ad-supported tier, the first time ads will be coming to the streaming service.
Atlanta Fed president says trades ‘inadvertently’ made during blackout periods
Atlanta Fed President Raphael Bostic released a seven-page explanation.
Legendary value investor Bill Miller says buy Bitcoin and eight other stock bargains
The famed value investor thinks stocks have come down to attractive valuations after a selloff this year.
Dow posts best day of 2022 after still-hot inflation reading
The Dow’s 1,507-point intraday swing was its largest since March 2022 and sixth-largest swing over the last decade.
Cathie Wood warns against extreme fear of innovation
The famed stockpicker is doubling down on her favorite “disruptive innovation” stocks despite market drubbing.