A popular China ETF is surging Tuesday. It’s not time to jump in just yet, according to the charts
Frank Cappelleri breaks down the charts in the iShares China Large Cap ETF (FXI).
OPEC is highly bullish on long-term oil demand growth. Not everyone agrees
The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic forecasts for robust oil demand growth.
U.S. Steel CEO defends planned sale to Japan’s Nippon, believes deal will close on its merits
U.S. Steel CEO David Burritt said the sale to Nippon would strengthen national, economic and job security.
Elliott to call for Southwest special meeting ‘as soon as next week’
Elliott Management said Tuesday it will call a special meeting at Southwest Airlines as soon as next week.
Investors bought the rate cut: Equity flows were highest in nearly 2 years last week
Bank of America Securities reported $6.9 billion worth in equity inflows last week, the highest level going back to October 2022.
‘We have much more on the way, if they will continue,’ Israel’s president says as death toll from IDF strikes on Lebanon passes 550
Israel’s Monday airstrike into Lebanon, which killed more than 550 people, comes amid a dramatic escalation of hostilities on the border.
Here’s how Apple might cash in on its latest artificial intelligence features
Wall Street weighs in on whether Apple Intelligence could benefit as a paid tool.
Blackstone and Vista Equity Partners to acquire software maker Smartsheet for $8.4 billion
The $8.4 billion deal is expected to close in January 2025, and the collaboration software maker has the option to solicit other bids.
UK Prime Minister Keir Starmer says tough times are needed to spark national renewal
Starmer’s efforts to instill a sense of optimism come after the government has been accused of doom-mongering over the state of the U.K. economy.
‘They knew and they lied’: California sues ExxonMobil, alleging deception about plastics recycling
In the lawsuit, the state’s attorney general says ExxonMobil misled consumers into believing that recycling was a viable solution for plastic waste, though it knew otherwise.
