Morgan Stanley's Wilson says December will be rocky for stocks
US stocks are headed for a rocky end to the year after rallying in November as bond yields fluctuate, according to Morgan Stanley’s Michael Wilson. • None How…
Source: biztoc.com
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Hedge Funds Boost Bearish Yen Bets Amid Doubts Over Rally
Hedge funds boosted bearish yen wagers to the highest level since April 2022 last week amid speculation a recent rebound in the currency will be short-lived.…
Source: biztoc.com
Spotify Will Cut 17% of Jobs to Improve Profitability
Spotify Technology SA said it will reduce headcount by about 17%, at least the third time this year the streaming service has cut jobs. • None How Suspects…
Source: biztoc.com
Evergrande Liquidation Ruling Postponed in Surprise to Creditors
China Evergrande Group won breathing room to strike a restructuring agreement with creditors after a Hong Kong court again pushed back a decision on whether…
Source: biztoc.com
Bitcoin Surges Past $42,000 as Crypto Rally Gathers Steam
Bitcoin topped $42,000 as frenzied speculation in cryptocurrencies gathers pace, extending the largest digital token’s rally to more than 150% this year. •…
Source: biztoc.com