News by Yasin Ebrahim on Investing.com

S&P 500 advances as cooling inflation stokes bets on Fed downshift By Investing.com - Jan 12, 2023

By Yasin Ebrahim Investing.com -- The S&P 500 gained Thursday, as data showing...

Inflation to slump to 2.2% by year-end, setting up rally for stocks: Wells Fargo By Investing.com - Jan 11, 2023

By Yasin Ebrahim Investing.com -- Inflation is widely expected to show further signs of easing on Thursday, and could fall by a staggering 76% in this cycle and fall to 2.2% by...

Stock market today: Dow ends higher amid bets inflation cooled further in December By Investing.com - Jan 11, 2023

By Yasin Ebrahim Investing.com -- The Dow racked up gains Wednesday, as investors increased bullish bets on stocks on optimism that data due Thursday will show a further slowdown...

S&P 500 rides consumer stocks higher as focus shifts to inflation data By Investing.com - Jan 11, 2023

By Yasin Ebrahim Investing.com -- The S&P 500 advanced Wednesday, led by consumer stocks just a day ahead of data expected to show inflation cooled further in December. The S&P 500...

USD/JPY pain to return as surging inflation tees up BoJ for further hawkish foray By Investing.com - Jan 10, 2023

By Yasin Ebrahim Investing.com -- The dollar has attempted to steady since its recent rout against the yen, but the yen could bring the pain once again after the latest data...

Wells Fargo to pull back from home lending business By Investing.com - Jan 10, 2023

By Yasin Ebrahim Investing.com -- Wells Fargo (NYSE:WFC) is retreating from its mortgage business to create a more focused home lending business at a time when rising interest...

Stock market today: Dow shrugs off rising yields to close higher By Investing.com - Jan 10, 2023

By Yasin Ebrahim Investing.com -- The Doe closed higher Tuesday, shrugging off a rebound in Treasury yields as investors continue to bet on less hawkish Federal Reserve tightening...

Franchise Group weighing up deal to go private: WSJ By Investing.com - Jan 10, 2023

By Yasin Ebrahim Investing.com -- Franchise group is reportedly weighing up going private through a management buyout transaction, the Wall Street Journal reported Tuesday, citing...

S&P 500 rises, but rising Treasury yields cap gains ahead of inflation report By Investing.com - Jan 10, 2023

By Yasin Ebrahim Investing.com -- The S&P 500 climbed slightly Tuesday, but struggled for direction as Treasury yields rebounded ahead of the inflation report due later this...

Apple reportedly preparing to ditch Broadcom chips for in-house design: Bloomberg By Investing.com - Jan 09, 2023

By Yasin Ebrahim Investing.com -- Apple (NASDAQ:AAPL) is preparing to ditch the use of Broadcom (NASDAQ:AVGO) chips and Qualcomm modems in its devices as soon as 2024 and 2025,...