Bank of America sees stocks going nowhere next year and tech continuing to take hits
If base case is met, the index will only add 1.3% from where it is now.
Christian Ronaldo to leave Manchester United ‘with immediate effect’
Cristiano Ronaldo will leave Manchester United “with immediate effect,” the Premier League club said Tuesday.
Taylor Swift’s tour promoter says it had no choice but to work with Ticketmaster
AEG Presents, the company in charge of handling Taylor Swift’s upcoming tour, said it didn’t have any choice but to work with Ticketmaster.
FTX lawyer calls this case ‘a different sort of animal’ in first bankruptcy hearing
In the first day of the bankruptcy hearing for collapsed crypto exchange FTX, lawyers for the company were able to get the proceedings moved to Delaware.
Goldman’s official 2023 outlook is here: Where it thinks the market is headed and what to buy
Goldman Sachs is predicting zero earnings growth in 2023, with stocks ending the next year essentially flat. Here’s how the firm would play that environment.
European Union executive proposes gas price cap at 275 euros/MWh
The European Union executive on Tuesday proposed a gas price cap for the bloc at 275 euros ($282) per megawatt hour for month-ahead derivatives on the Dutch exchange that serve as Europe’s benchmark.
How AMD became a chip giant and leapfrogged Intel after years of playing catch-up
Advanced Micro Devices made history this year when it surpassed Intel by market cap for the first time ever, thanks to big diversification under CEO Lisa Su.
UK economy is lagging substantially behind other developed nations, OECD report says
Alvaro Pereira, OECD chief economist, said the U.K. was falling behind on investment and consumption.
Carl Icahn has reportedly made a boatload betting against GameStop and is still short
Icahn began building the short position at the height of the meme stock mania in 2021 when GameStop hit a peak of $483 a share.
Collapsed crypto exchange FTX has about $1.24 billion of cash in total — but still owes at least $3.1 billion
Alvarez & Marsal, which is advising FTX, said teams identified “substantially higher cash balances” than were initially known.
