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Economy

Fed looks set to tweak reverse repo rate to speed exit of cash

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve appears likely to take a step on Wednesday to nudge cash…
Economy

Oman’s Investment Authority acquires stake in Elon Musk’s XAI company, state news says

DUBAI (Reuters) – The Oman Investment Authority (OIA) has acquired a stake in the artificial intelligence company XAI owned by Elon Musk,…
Stock

Instagram to account for half of Meta’s US ad revenue by 2025

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to comprise 50% of the company’s US advertising revenue in the near future,…
Stock

Siemens to sell $2.6 billion stake in Siemens Energy to fund Altair acquisition

Investing.com — Siemens AG (OTC:SIEGY) intends to sell a $2.6 billion stake in Siemens Energy AG (ETR:ENR1n) in the forthcoming months. The…
Stock

Instagram set to account for half of Meta’s US ad revenue

Investing.com — Meta Platforms Inc (NASDAQ:META).’s Instagram is projected to soon constitute half of the firm’s advertising revenue in the United States,…
Stock

UniCredit increases stake in Commerzbank, nears mandatory bid threshold

Investing.com — UniCredit, Italy’s second-largest bank by assets, has raised its stake in German rival Commerzbank (ETR:CBKG) to 28%, nearing the 30%…
Stock

Kioxia debuts with a 10% surge following $800 million IPO

Investing.com — Kioxia Holdings, a Japanese chip maker, saw its shares rise by 10% in its initial public offering (IPO), closing at…
Investing

USD/HUF: Hungarian forint outlook ahead of key rate decisions

The Hungarian forint strengthened a bit against the US dollar as traders positioned themselves for the upcoming Federal Reserve and Hungary’s central…
Investing

Is there a good reason to invest in the DGRO ETF?

The iShares Core Dividend Growth ETF (DGRO) has retreated in the past few days as American stocks lose momentum and as investors…
Investing

JEPI ETF stock scorecard for 2024 and what to expect in 2025

The JPMorgan Equity Premium Income ETF (JEPI) stock has had a strong performance this year as it jumped to a record high…
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