• Feb 11, 2025

Cash Turnover in Indian Stock Market Slumps as Selloff Continues

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleIn New Orleans, an Aging Dome Tries to Stay SuperTrading activity in the cas

• Feb 11, 2025

Oil prices fall on rising US crude stocks, hawkish Fed comments

(Reuters) -Oil prices fell 1% on Wednesday, ending three days of gains, as industry sources pointed to rising U.S. crude stockpiles and hawkish remarks from Fed Chair Jerome Powell that signalled slower rate cuts this year. Brent futures were down 77 cents or 1% at $76.23 a barrel by 1230 GMT, while U.S. West Texas Intermediate (WTI) crude dropped 88 cents or 1.20% to $72.44 a barrel. "Oil prices resumed their downtrend as the macro environment weighed on sentiment, with Jerome Powell indicating that the U.S. Fed was not in a rush to lower rates," said Harry Tchilinguirian, head of research at Onyx Capital Group.

• Feb 11, 2025

MSCI Ousts More Chinese Stocks From Indexes Despite Rebound

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleIn New Orleans, an Aging Dome Tries to Stay SuperMSCI Inc. further trimmed C

• Feb 11, 2025

Meta is fresh off a 16-day win streak, the longest for any major tech stock in decades

Meta gained 17% in 16 days, the longest winning streak for a Nasdaq 100 firm since 1990. Investors have cheered its AI plans and cost-cutting measures.

• Feb 11, 2025

Trump’s Trade Wars May Slow the Growth of Carbon Markets in Asia

(Bloomberg) -- President Donald Trump’s tariff measures may slow the adoption and expansion of carbon markets in the Asia-Pacific region, which accounts for three-fifths of global emissions and has been a key driver of growth in trading. Most Read from BloombergSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeThe Forgotten French Architect Who Rebuilt MarseilleSin puente y sin metro: el nuevo aeropuerto de Lima es una

• Feb 11, 2025

Stock market today: Dow rises, Nasdaq slips as Powell testifies, key inflation data looms

Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.

• Feb 11, 2025

Check Call: 2024 quarterly earnings miss the mark on Wall Street

In this edition: Quarterly earnings echo the pain everyone feels, and metal tariffs hit. The post Check Call: 2024 quarterly earnings miss the mark on Wall Street appeared first on FreightWaves.

• Feb 11, 2025

AI dominated this year's Super Bowl ads as crypto sets its sights on Wall Street

The $3.16 trillion crypto industry has been shifting its focus to Wall Street, making retail adoption — and Super Bowl ad spend — less of a priority, one expert says.

• Feb 11, 2025

Stock of the Day: Chinese EV maker BYD hits record on AI-powered driver-assist rollout

The new BYD models will include self-driving features, with the DeepSeek AI model powering its most advanced version of the driver-assistance tech.

• Feb 11, 2025

Crypto Industry Gets Chance to Make Its Case to U.S. Congress

In a hearing with the loaded title "A Golden Age of Digital Assets," the sector was — for the first time — mostly treated as a welcome arrival to U.S. finance.