Markets

Energy

After Near Decade of Talks, a Global Carbon Credit Trading Deal at COP29

Photo by Markus Spiske via Unsplash

Countries at the United Nations COP29 climate summit struck a deal on the basic rules to launch an international carbon trading market.

2 min read
Big Tech

Uber’s Investors Are Still Growth-Hungry

Photo by NYCstock via iStock

Uber’s stock drove off a ditch, sinking 9% on Thursday after the ride-hailing giant published its third-quarter earnings report.

2 min read
Markets

The NYSE Wants to Go 22/5 on Its Arca Exchange

Photo by David Vives via Unsplash

The NYSE said Friday that it plans to extend trading hours for equities on its electronic Arca exchange to 22 hours on weekdays.

2 min read
Markets

Say Goodbye to the Era of Towering S&P 500 Gains, Says Goldman

Photo by Tima Miroshnichenko via Pexels

Goldman Sachs’ equity strategy team forecasts that America’s blue chip S&P 500 index will bring in infinitesimal returns for the next decade.

2 min read
Finance

Blackstone Thinks It’s High Time for a Public Listing Blitz

Photo by Roman Tiraspolsky via iStock

Amid a strong earnings call, Blackstone announced that it is planning to take some of its portfolio companies public.

2 min read
Markets

Weathering the Storm: A Q&A with Vanguard on Market Volatility

Photo illustration by Connor Lin / The Daily Upside, Photo via Vanguard

The last four years have been head-spinning. Dan Newhall, Vanguard’s head of portfolio solutions, talked us through the volatility.

5 min read
Markets

Stock Prices in Half-Pennies Are in Your Future

Photo by Vlada Karpovich via Pexels

The SEC voted unanimously to change market rules so that roughly 1,700 securities can be quoted in increments of $0.005.

1 min read
Technology

Nvidia Beats Revenue and Profit Expectations, But Was It Enough?

Photo via NVIDIA Media Assets.

Yesterday was Nvidia Day: The AI giant handily beat revenue and profit forecasts, and issued third-quarter guidance that beat expectations.

2 min read
Markets

GoDaddy Is Flooring It to the Top of the S&P

Photo via GoDaddy

GoDaddy now sits just outside the top 10 performing companies in year-to-date returns, outpacing everyone in the Mag-7 except for Nvidia.

1 min read
Markets

Growth is No Longer Just for Tech Megacaps

Photo by Jason Briscoe via Unsplash

S&P 500 stocks — excluding the Magnificent Seven — are on pace to deliver their first profit growth since the fourth quarter of 2022.

1 min read
Markets

Novo Nordisk Slips Amid Disappointing Wegovy Sales

Photo by News Øresund – Johan Wessman via CC BY 2.0

Novo Nordisk’s share price fell over 8% on Wednesday after the company reported lower-than-expected sales of Wegovy.

2 min read
Markets

Key Indicators Send Markets Into ‘Recession’ Chatter

Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Friday ended with the main indices in Asia, Europe, and New York pointing down in unison, the Nasdaq even entering correction.

2 min read