Stock Market Today: Bond Yields Heat Up, Stock Futures Drop
Japanese 10-year yield hits 3%
We haven't written up this one. WSJ Markets has the full story — the link below goes straight to it.
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Elliott takes stake in Air Liquide
The report cites unnamed people familiar with the situation as confirming that the New York-based hedge fund has held discussions with Air Liquide in recent weeks after establishing its stake.
Shein IPO leaves some private backers facing 73% valuation reset
Shein’s long-awaited public listing has delivered a stark valuation reset for some of the private investors that backed the fast-fashion retailer during its rapid expansion, according to a report by…
- Shein's IPO valued at $1.7 billion, 73% lower than 2022 valuation
- Private backers like Boyu Capital, Coatue Management facing losses
- Early investors like Sequoia China benefit from valuation climb
This High-Yield Pipeline Stock Could Turn $450 a Month Into a Six-Figure Portfolio Paying Real Annual Income
Contrary to a common assumption among many investors, slow and steady wins the race.
The Odds of a September Rate Hike Have Nearly Doubled, Courtesy of Fed Chair Kevin Warsh -- Here's What He Just Said
Key PointsAlthough the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have zoomed to new highs since early June, these gains aren't reflective of America's inflationary headwinds.
Engine Capital urges EPAM to launch buyback or explore sale
Activist investor Engine Capital is pressing EPAM Systems to take decisive action to address a sharp decline in its share price, calling on the IT services company to pursue an aggressive stock…
Southeast Asia’s 5 richest billionaires, led by Vietnam’s Pham Nhat Vuong, worth $110.7B
Southeast Asia’s five richest billionaires have a combined net worth of about US$110.7 billion, with Vingroup chairman Pham Nhat Vuong accounting for nearly a third of it.