L-GAM hires Houlihan Lokey as it explores options for Woolrich stake

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
Reuters
Russian court seizes Deutsche Bank, Commerzbank assets as part of lawsuit
MOSCOW (Reuters) -A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions. The St Petersburg arbitration court has barred Deutsche Bank from exercising its 100% interest in the authorised capital of its Russian subsidiary, as well as Deutsche Bank Technology Center LLC.
Insider Monkey
Michael Burry Is Selling These Stocks in 2024
Over the past few years, Michael Burry has gained more media attention with his recession warnings and market crash “predictions” than he did for accurately foreseeing the 2008 financial crisis. But his persistent warnings about recession and market crashes never realized, denting his reputation as an expert and hedge fund manager. Were Michael Burry’s Recession […]
Investing.com
The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs
Goldman Sachs has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their first-quarter results.
Reuters
Gold hits record peak as rate cut bets burnish appeal, silver jumps
Gold prices hit an all-time high on Monday as a slowing U.S. inflation trend boosted expectations that the Federal Reserve could deliver its first interest rate cut soon, while silver scaled a more than 11-year peak. Spot gold was up 0.9% at $2,436.76 per ounce, as of 0340 GMT after hitting a record high of $2440.49 earlier in the session. The main driver for gold is that there is a soft U.S. dollar and sentiment is being boosted on the basis that the Federal Reserve is expected to cut rates soon, said Kyle Rodda, a financial market analyst at Capital.com.
Yahoo Finance
Markets brace for Nvidia earnings: What to know this week
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Moneywise
Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves
Consumers still have some control where their money goes.
Reuters
Morning Bid: China clouds darken market mood
Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there's a cloud that shows no sign of lifting: China. The economic "data dump" from Beijing on Friday showed that China's recovery is sputtering - investment growth slowed, retail sales expanded at the slowest pace since late 2022, and new home prices fell at the fastest rate in nine years.
Yahoo Finance
Secondhand Rolex sales surge in 'underdeveloped' US market
Luxury watch prices are moderating on the secondary market, but retailers like Watches of Switzerland see demand continuing to outpace supply.
Barrons.com
Gold Is at Record Levels. Its Future Still Looks Bright.
Yukon Cornelius, the self-proclaimed greatest prospector from the north in the TV movie Rudolph the Red-Nosed Reindeer, would be thrilled to learn that this year’s bull run in gold shows no signs of slowing down. Other precious metals such as silver stand to gain too, for many of the same reasons. Gold tends to do well during times of dollar weakness.
The Independent
Who is Roaring Kitty, the 2021 GameStop stock booster, and why did he suddenly return?
Why did Roaring Kitty return, and what — if anything — does it mean for the future of GameStop’s stock prices?
Reuters
Dollar calm as traders await clues on US rate path
SINGAPORE (Reuters) -The dollar was broadly steady on Monday as investors awaited further clues to help chart the U.S. interest rate path in the wake of cautious comments from Federal Reserve officials, even as inflation shows signs of cooling. The currency has moved in tight ranges in the past couple of trading days after a tumultuous start to May in the wake of suspected rounds of currency interventions by Tokyo to prop up the yen. Data last week showed U.S. consumer prices for April rose less-than-expected, leading to markets pricing in 50 basis points (bps) of easing, or at least two rate cuts this year, but various Fed officials have sounded words of caution about when rates may fall.
Simply Wall St.
Exploring Top Dividend Stocks In Hong Kong For May 2024
As of May 2024, the Hong Kong market has shown resilience with the Hang Seng Index gaining 3.11%, reflecting a positive sentiment among investors despite broader global economic uncertainties. This backdrop creates an interesting scenario for dividend-seeking investors, as stable, high-yield stocks could be particularly appealing in such an environment where steady returns are prized amidst fluctuating markets.
Fortune
American stock markets have dominated global trading for most of the last 120 years. Here’s how other big economies measure up
U.S. markets have fended off challenges from China and Japan.
Robb Report
There Are Now More People Worth Over $100 Billion Than Ever
LVMH founder Bernard Arnault remains at the top of the heap.
GOBankingRates
25 Bad Habits You Must Avoid If You’re Trying To Save Money
A lot can influence how much you save, including your income level, debt load, cost of living and financial habits. If you're trying to up your savings, one way to start is by taking a look at your...
GOBankingRates
10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs
Retirement comes with many expenses, including healthcare, long-term care, housing, food, transportation and entertainment -- to name a few. As someone in the middle class, if your goal is to maintain...
The Telegraph
‘I lost my home when my £1,500 car loan ballooned to £65,000’
When Brian Flynn took out a £1,500 loan to buy his friend’s car four years ago, he had no idea it would one day cost him his family home.
Barrons.com
World’s Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock
Bridgewater Associates bought shares of Apple, Nvidia, and Microsoft in the first quarter, and halved a stake in NIO.
TechCrunch
Expedia says two execs dismissed after ‘violation of company policy’
Expedia says Rathi Murthy and Sreenivas Rachamadugu, respectively its CTO and senior vice president of core services product & engineering, are no longer employed at the travel booking company. In a statement shared with TechCrunch and other publications, Expedia said Murthy and Rachamadugu are “no longer employed at Expedia Group” due to an unspecified “violation of company policy.” Murthy spoke to TechCrunch about the new AI-powered features announced earlier this week, and she reportedly gave a presentation on those features at an Expedia conference with business partners.

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L-GAM hires Houlihan Lokey as it explores options for Woolrich stake

Latest stories

Under Armour is collapsing — And Kevin Plank has to take the blame

Russian court seizes Deutsche Bank, Commerzbank assets as part of lawsuit

Michael Burry Is Selling These Stocks in 2024

The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs

Gold hits record peak as rate cut bets burnish appeal, silver jumps

Markets brace for Nvidia earnings: What to know this week

Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves

Morning Bid: China clouds darken market mood

Secondhand Rolex sales surge in 'underdeveloped' US market

Gold Is at Record Levels. Its Future Still Looks Bright.

Who is Roaring Kitty, the 2021 GameStop stock booster, and why did he suddenly return?

Dollar calm as traders await clues on US rate path

Exploring Top Dividend Stocks In Hong Kong For May 2024

American stock markets have dominated global trading for most of the last 120 years. Here’s how other big economies measure up

There Are Now More People Worth Over $100 Billion Than Ever

25 Bad Habits You Must Avoid If You’re Trying To Save Money

10 Ways the Middle Class Can Save for Retirement and Pay for Rising Costs

‘I lost my home when my £1,500 car loan ballooned to £65,000’

World’s Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock

Expedia says two execs dismissed after ‘violation of company policy’