Despite an extremely challenging operating environment, Wall Street investment banks continue to be bullish on their China business. JPMorgan Chase was recently demoted as the lead underwriter for the Hong Kong IPO of a Chinese software giant after the bank published research that was unflattering to the company and the Chinese Communist Party (CCP) regime….
Elon Musk’s Twitter: What’s Next for the Social Network?
Twitter’s Board of Directors officially accepted Elon Musk’s offer of $54.20 per share in cash, valuing the company at around $44 billion. The deal would allow Musk to take the 16-year-old social media platform private and implement a wide range of changes to the struggling tech firm. There are still many hurdles to overcome for…
Wall Street Slumps as Weak Earnings, Rate Hike Clarity Spook Investors
Wall Street tumbled more than 2.5 percent on Friday, ensuring the three main benchmarks ended in negative territory for the week, as surprise earnings news and increased certainty around aggressive near-term interest rate rises took its toll on investors. It was the third straight week of losses for both the S&P 500 and the Nasdaq,…
Dow Suffers Worst Decline Since 2020 as Fed Signals Sharper Rate Hike
New York—The Dow Jones industrial average plummeted more than 900 points on Friday to post its worst daily loss since October 2020. The blue-chip index lost 981 points, or 2.82 percent, to close at 33,811. The S&P 500 dove 121 points, or 2.77 percent, to 4,271. Tech-heavy Nasdaq decreased 335 points, or 2.55 percent, to…
Live Now: Is Your Retirement Fund Being Used to Finance China’s Takeover of America?
Lee Smith speaks live with Brian Costello, a tech executive and entrepreneur blowing the whistle on how Wall Street is selling out America to the Chinese Communist Party. We’ll be taking your questions throughout the show. Follow EpochTV on social media: Facebook: https://www.facebook.com/OverTheTarget Twitter: https://twitter.com/OverTheTarget5 Rumble: https://rumble.com/c/EpochTV Gettr: https://gettr.com/user/overthetarget_ Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …
Is Your Retirement Fund Being Used to Finance China’s Takeover of America?
Lee Smith speaks live with Brian Costello, a tech executive and entrepreneur blowing the whistle on how Wall Street is selling out America to the Chinese Communist Party. We’ll be taking your questions throughout the show. Follow EpochTV on social media: Facebook: https://www.facebook.com/OverTheTarget Twitter: https://twitter.com/OverTheTarget5 Rumble: https://rumble.com/c/EpochTV Gettr: https://gettr.com/user/overthetarget_ Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …
LIVE at 9PM ET: Is Your Retirement Fund Being Used to Finance China’s Takeover of America?
Lee Smith speaks live with Brian Costello, a tech executive and entrepreneur blowing the whistle on how Wall Street is selling out America to the Chinese Communist Party. We’ll be taking your questions throughout the show. Follow EpochTV on social media: Facebook: https://www.facebook.com/OverTheTarget Twitter: https://twitter.com/OverTheTarget5 Rumble: https://rumble.com/c/EpochTV Gettr: https://gettr.com/user/overthetarget_ Gab: https://gab.com/EpochTV Telegram: https://t.me/EpochTV …
Global Stocks Slide as US Inflation Data Expected to Be ‘Extraordinarily Elevated’
April 12, 2022
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Global shares and Wall Street futures sank on Tuesday ahead of the much-anticipated release of March data on U.S. inflation, which economists expect to have picked up its pace and the White House warned would come in “extraordinarily” hot. European shares opened 1 percent lower on Tuesday, Japan’s blue-chip Nikkei stock index shed 1.81 percent,…
Citi Plans 900 Hires for Commercial Banking Unit Over 3 Years
Citigroup Inc.’s commercial banking unit will hire 900 staff over the next three years, a large part of which will be for the U.S. bank’s Asia Pacific business, as it plans to fast-track growth. The U.S. lender said on Monday that along with launching in new markets and expanding its digital capabilities, the Citi Commercial…
Has the Market Been De-FAANG’d?
Commentary Wall Street loves acronyms nearly as much as the United States military, so it was inevitable that some wag–reportedly CNBC stock picker Jim Cramer–came up with “FAANG” to mean Facebook, Apple, Amazon, Netflix, and Google somewhere around 2013. Of course, the FAANG acronym is now obsolete, given that Facebook has become “Meta” and Google has…
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