Pricey US stock valuations put burden on earnings to keep rally going
Price-to-earnings multiple (P/E) -- a common benchmark for valuing stocks -- is well above the 15.3 long-term average and has been climbing since the market bottomed in March.
Stimulus plans fuel Biden trade, but Wall Street wonders if it can continue
Overall, the broad S&P 500 has rallied nearly 13 per cent since the Nov. 3 presidential election, with gains concentrated in sectors expected to benefit the most from policy s...
Asia shares pare losses as China GDP pips forecasts
MSCI's broadest index of Asia-Pacific shares outside Japan trimmed losses and were off 0....
Riskier the better is rallying cry of day traders going small
While the biggest benchmarks for US equities fell, smaller and more speculative corners posted solid gains. Fueled by day traders, volume in penny stocks exploded, and bullish options saw the second-busiest day ever.
Wall Street visionaries provide chilling views on next big risk
Bloomberg Markets asked three of the wisest and most visionary people in the industry about their worries for the next 5 to 10 years
China stocks rebound, blue-chip index ends at 13-year high
The Shanghai Composite index ended 2.18 per cent higher at 3,608.34, while the blue-chip CSI300 index closed up 2.85 per cent at 5,596.35 — the highest since Jan. 15, 2008.
TCS m-cap hits Rs 12 lakh crore after fastest Q3 growth in 9 years
JP Morgan noted that December quarter growth was TCS' fastest in the third quarter in nine years. It said that the up-cycle brought back consistency in TCS earnings, and a beat in an otherwise weak quarter.
The inflation debate that’s roiling US markets faces 2021 test
But even by the end of 2022, the Fed’s preferred measure won’t exceed its 2 per cent target, according to economist surveys.
Wall Street wary of 'frothy' stocks, bubbly bitcoin
BofA's latest weekly fund flow data on Friday reflected some of that sentiment, with investors storming into money markets and gold funds while pulling some money out of emerging markets that had attracted billions of dollars over the past 16 weeks.
Goldman, Temasek, Carlyle vie for 30% stake in GVK Bio
Investor will buy out ChrysCapital stake; co-promoters looking to monetise holding
BSE-NSE bulk deals: Goldman Sachs, Fidelity buy stake in PNC Infratech
Other prominent buyers were Axis Mutual Fund, Aurigin Master Fund, Max Life Insurance Company and PCA India Infrastructure Equity Open.
Goldman escalates diversity push at portfolio companies; activists want more
The move also shows the tension between the growing importance of racial justice to investors and the difficulty of effecting social change in the corporate arena.
Goldman Sachs signs pact to wholly own China joint venture
The process to boost its stake in the Goldman Sachs Gao Hua (GSGH) venture from 51% to 100% has also been initiated with the local regulators, according to an internal memo issued on Tuesday to staff of the Wall Street bank.
Goldman Sachs raises India's FY21 GDP forecast to -10.3%
Its earlier forecast was -14.8%. The broad-based availability of an effective vaccine could allow containment policies and mobility to normalise by mid-2022 along with a meaningful activity rebound in 2021, particularly in consumer-facing services sectors, it said in a report on Tuesday.
Kiran Mazumdar Shaw on what Goldman Sach's capital infusion means for Biocon
Having investors like Goldman Sachs and Tata Capital and True North actually have basically allowed us to explain our value creation journey...