Category: Business

  • Home Depot Sales Return to Growth

    Home Depot Sales Return to Growth

    Brian Nagel, Oppenheimer & Co. Senior Analyst, says Home Depot’s shares are driven by the market’s optimism that lower rates are in sight. He tells Open Interest that the company’s sales are largely driven by demand in the housing market when consumers purchase home improvement products. (Source: Bloomberg) Source: Bloomberg Markets.

  • Can Still Pick Up Juice in Credit, RBC’s Chiriseri Says

    Can Still Pick Up Juice in Credit, RBC’s Chiriseri Says

    Rufaro Chiriseri, RBC Wealth Management Head of Fixed Income for the British Isles says the firm continues to like credit, but predominately on the short end. “Risk of spread widening is there, but at the same time, fundamentals are pretty strong,” she adds. Chiriseri joins Anna Edwards and Guy Johnson on “The Opening Trade” on…

  • Australia Seeks Economic Reform to Boost Productivity

    Australia Seeks Economic Reform to Boost Productivity

    Australian Treasurer Jim Chalmers is hosting a gathering of politicians, experts and business leaders in a bid to discuss productivity. It comes at a time where the country’s performance is lagging the most in the developed world. Speaking with Bloomberg: The Asia Trade, e61 Institute CEO and Former Australian Productivity Commission Chair Michael Brennan says…

  • Japan Braces for 20-Year Bond Auction as Fiscal Outlook Dims

    Japan Braces for 20-Year Bond Auction as Fiscal Outlook Dims

    Japan’s auction of 20-year government bonds on Tuesday will be closely watched as the risk of a government spending surge weighs on investor appetite for super-long debt. Source: Bloomberg Markets.

  • Xiaomi’s $120 Billion Gain Faces Scrutiny on Smartphone Slowdown

    Xiaomi’s $120 Billion Gain Faces Scrutiny on Smartphone Slowdown

    Investors anxiously await an earnings report from Xiaomi Corp., following a rally that has driven its market value up $120 billion in the past year on excitement over its push into electric vehicles. Source: Bloomberg Markets.

  • Bulls Are Finding It’s Time to Hedge Their Risky Bets

    Bulls Are Finding It’s Time to Hedge Their Risky Bets

    Investors are willing to chase returns but unwilling to abandon protection. Source: Bloomberg Markets.

  • Tesla Robot Rival Unitree Shines in Beijing Games

    Tesla Robot Rival Unitree Shines in Beijing Games

    Hangzhou-based Unitree Robotics brought the spotlight-grabbing machines at a robots competition in Beijing, boosting its reputation as a national champion for China’s ambitions in developing AI and humanoids. Bloomberg’s Annabelle Droulers reports. (Source: Bloomberg) Source: Bloomberg Markets.

  • A2 Milk to Buy New Zealand Formula Plant to Target China Growth

    A2 Milk to Buy New Zealand Formula Plant to Target China Growth

    A2 Milk Co. has agreed to buy a New Zealand infant formula plant as it targets more growth in China. Source: Bloomberg Markets.

  • The New American Dream of Renting a Home

    The New American Dream of Renting a Home

    American home ownership rates are rapidly declining, and small home investors see opportunity where institutional investors and individual home owners are stepping back. They are creating communities of home renters to meet the demand for housing, but in places like Las Vegas, it might be putting the American dream of homeownership out of reach for…

  • EU-US Trade Statement Held Up Over Digital Laws, FT Says

    EU-US Trade Statement Held Up Over Digital Laws, FT Says

    The EU’s efforts to safeguard its digital regulations are holding up a joint statement on trade, following an agreement struck last month in Scotland, the Financial Times reported. Source: Bloomberg Markets.