Amazon to cut another 9,000 jobs: a reason to buy Amazon stock?
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Amazon announces another massive round of layoffs to streamline costs. Morgan Stanley reiterates AMZN as a top eCommerce stock to own. Amazon…
UBS agrees to buy Credit Suisse: Morningstar’s Scholtz says CS investors will ‘feel shortchanged’
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UBS agreed to acquire Credit Suisse at a steep discount to its stock price. UBS is better positioned to restructure Credit Suisse…
Nasdaq 100 index nears key level as Wilson predicts end of bear market
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The Nasdaq 100 index futures wavered on Monday as investors reflected on the implosion of Credit Suisse, the second-biggest Swiss banking group….
Prudential share price is sinking as Africa challenges mount
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Prudential stock price has dropped to the lowest point since November. The company published weak financial results last week. It faces significant…
First Republic Bank downgraded again as banking woes continue
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FRC stock price tumbled in the premarket on Monday. S&P Global delivered another credit rating downgrade. The company received $30 billion in…
Glencore share price: Where strong fundamentals meet technicals
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Glencore (LON: GLEN) share price is still in a bear market as concerns about the company’s business this year. The stock was…
Cryptocurrency regulation in Germany- what you need know
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As cryptocurrencies see fresh market impetus in the wake of latest crisis in the finance and banking industry, one of the countries…
Sea of red as Lloyds, Barclays, NatWest share prices nosedive
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UK bank stocks continued plunging on Monday this week. The crash happened after the near collapse of Credit Suisse. In Switzerland, UBS…
As HSBC share price unravels, is it a safe investment?
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The HSBC (LON: HSBA) share price crashed by over 6% on Monday morning in Hong Kong amid rising contagion risks in the…
UBS to buy Credit Suisse for $3.2 billion
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UBS to buy Credit Suisse for $3.2 billion Deal will replace every 22.48 shares of CS with one share of UBS. The…