Market News

Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

Source: Reuters News Agency
3 days ago
General Medium Importance
Aramco halts October crude deliveries to some European refiners after pipeline attack, Bloomberg reports

Aramco halts October crude deliveries to some European refiners after pipeline attack, Bloomberg reports

Oil company Saudi Aramco has told at ​least two European refining customers they will receive ‌no crude oil next month following an attack on Saudi Arabia's key pipeline to the Red Sea, Bloomberg News reported ​on Friday, citing people familiar with the matter.

Source: Reuters
Visit Source
Comment
Source: Reuters News Agency
3 days ago
General Medium Importance
Report finds 'culture of risk aversion' hindered oversight of SVB, Fed official says

Report finds 'culture of risk aversion' hindered oversight of SVB, Fed official says

A "culture of risk aversion" among examiners contributed to the collapse of Silicon Valley Bank rather than relaxed oversight, a top Federal Reserve official said on Friday in remarks flagging the initial ​findings of a review of the 2023 bank failure.

Source: Reuters
Visit Source
Comment
Source: Reuters News Agency
3 days ago
General Medium Importance
Fed's Bowman says changes to bank stress test coming soon

Fed's Bowman says changes to bank stress test coming soon

The Federal Reserve's top regulatory official said on Friday that an overhaul of the US central bank's "stress test" of big banks will make the ​process more transparent and the results more predictable for lenders, handing the ‌industry long-sought reforms to the exam process.

Source: Reuters
Visit Source
Comment
Source: Seeking Alpha News Agency
3 days ago
General Medium Importance
Fidelity National: Swings In Investors' Sentiment Remain Irrational (Rating Upgrade)

Fidelity National: Swings In Investors' Sentiment Remain Irrational (Rating Upgrade)

FIS is down by almost 50% year-to-date and the intensity of the sell-off raises some questions regarding investors' sentiment. With a forward free cash flow yield of 12% and forward P/E ratio of 6, the market is already pricing-in a massive collapse in FIS profitability. The near-term guidance does not suggest any immediate problems and the probability of the market overreacting is quite high.

Source: Seeking Alpha
Visit Source
Comment
Source: Seeking Alpha News Agency
3 days ago
General Medium Importance AI Analyzed
The Bulls Still Have The Edge, But The Margin Is Narrowing

The Bulls Still Have The Edge, But The Margin Is Narrowing

A review of several ETF-based market ratios continues to support the view that investors remain broadly constructive on the near-term outlook. A broad gauge of global asset allocation sentiment continues to favor a risk-on stance, based on the ratio of an aggressive allocation strategy (AOA) to its conservative counterpart (AOK).

Source: Seeking Alpha
Visit Source
Comment
Source: Investopedia News Agency
3 days ago
General Medium Importance
5 Things to Know Before the Stock Market Opens on Friday

5 Things to Know Before the Stock Market Opens on Friday

Stock futures are pointing to a slightly higher open this morning as the market wraps up a volatile week of trading; the Nasdaq is on track to post weekly gains, while the S&P 500 and Dow enter the session down for the week; Warren Buffett is stepping aside as chairman of Berkshire Hathaway's board; cryptocurrency stocks are rising alongside bitcoin; and the Apple 18 Pro and Pro Max, along with other new products, are available today. Here's what you need to know today.

Source: Investopedia
Visit Source
Comment
Source: Seeking Alpha News Agency
3 days ago
General Medium Importance
The Tariff That Works Best Unused

The Tariff That Works Best Unused

Congress has granted the executive branch discretionary authority to impose up to 100% tariffs on countries importing most Russian energy, targeting China and India. The bill's structure emphasizes leverage over immediate action, aiming to induce behavioral change and strengthen U.S. negotiating power in global trade talks.

Source: Seeking Alpha
Visit Source
Comment