By Harry Robertson LONDON (Reuters) - Investors are on track to have put $1.3 trillion into cash funds in 2023, according to Bank of America and data provider EPFR. BoFA's weekly Flow Shows report said that investors put $64.2 billion…
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Bond investors bruised by a record hiking cycle are increasing their positions, betting that central banks really are done with raising rates and their next move will be down. The Bank of…
By Will Dunham (Reuters) - On the boundary of dangerous territory, a troop of about 30 individuals engaging in a border patrol climbs a rocky hill to conduct reconnaissance. Detecting the sounds of adversaries a bit too close for comfort,…
By Stella Qiu SYDNEY (Reuters) - Asian shares and bonds extended a global rally on Thursday as a non-committal Federal Reserve Chair had markets double down on bets that U.S. interest rates have peaked and cuts are on the way.…
By Sinéad Carew and Amruta Khandekar (Reuters) - Wall Street's three main stock indexes rallied nearly 2% on Thursday on hopes that the U.S. Federal Reserve has reached the end of its interest rate hiking campaign and a batch of…
By Niket Nishant (Reuters) -PayPal Holdings added nearly $4 billion to its market value after a pledge to turn "leaner" fired up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to…
By Divya Rajagopal and Seher Dareen (Reuters) -Barrick Gold Corp beat analysts' expectations for third-quarter profit on Thursday, as the Canadian gold miner benefited from increased production and higher bullion prices. The Toronto-based company also said it was on track…
(Reuters) -SpaceX CEO Elon Musk said on Thursday the rocket company's satellite internet unit, Starlink, had achieved cash flow breakeven. In 2021, Musk said SpaceX would spin off and take Starlink public once its cash flow was reasonably predictable. Since…
By Nicole Jao NEW YORK (Reuters) -Duke Energy Corp on Thursday beat Wall Street estimates for third-quarter profit, with the company pointing to higher retail margins and so-called rider charges which are added to utility bills to recoup some costs.…
By Suzanne McGee (Reuters) - ProShares is rolling out the first exchange-traded fund (ETF) that allows investors to take a bearish view on ether, the world's second-largest cryptocurrency, the firm said on Thursday. ProShares Short Ether Strategy is designed to…