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Germany's debt brake reform in current parliament is unrealistic, minister says
By Christian Kraemer and Maria Martinez BERLIN, Feb 24 (Reuters) - A reform of the German debt brake, which caps public borrowing, seems unrealistic under the current government, Finance Minister Joerg Kukies told Reuters in an interview on Monday. "First of all, there's far too littl...Reuters
Mon, Feb 24
Other
India's IT sector should overhaul business, create own language models, HCLTech CEO says
By Haripriya Suresh and Akash SriramMUMBAI, Feb 24 (Reuters) - Indian IT firms need to rethink how they operate and the country needs to create its own language models as artificial intelligence technologies disrupt the sector, according to HCLTech HCLT.NS CEO C Vijayakumar.The generative AI boom ha...Reuters
Mon, Feb 24
Other
UN chief says 'spare no effort' to end war in Ukraine
UN showdown over Ukraine looming in General AssemblyRussia due to address the council on WednesdayUN rights chief warns that human rights system is crumblingAdds quotes, details throughoutBy Olivia Le Poidevin and Emma Farge GENEVA, Feb 24 (Reuters) - United Nations Secretary-General Antonio Gute...Reuters
Mon, Feb 24
Stocks
Should You Buy AGNC Investment Stock While It's Below $11?
Most investors own AGNC Investment (NASDAQ: AGNC) for its big monthly dividends and don't focus too much on its near-term price swings. The mortgage real estate investment trust (mREIT) pays a hefty forward dividend yield of 13.8%, but its stock has still quietly risen about 10% over the past 12 mon...The Motley Fool
Mon, Feb 24
Stocks
1 Glorious Growth Stock Down 33% to Buy Hand Over Fist, According to Wall Street
Even though major U.S. stock market indexes like the S&P 500 and the Nasdaq Composite continue climbing to new highs, not every individual stock is following along.Datadog (NASDAQ: DDOG) stock is still trading 33% below its record level from 2021. It was unquestionably overvalued back then, but it's...The Motley Fool
Mon, Feb 24
Stocks
LIVE MARKETS-Banks beat on pre-tax profits for 18th straight earnings season
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com.BANKS BEAT ON PRE-TAX PROFITS FOR 18TH STRAIGHT EARNINGS SEASON It was another strong quarter for bank results and Jefferies have ...Reuters
Mon, Feb 24
Forex
BUZZ-COMMENT-Another tariff deadline approaches for Canadian dollar
Feb 24 (Reuters) - The deadline for the delayed 25% tariffs on Canadian goods is one week away (March 4), which in turn will see elevated headline risk for CAD in the short-term. Looking at where USD/CAD is trading – 1.4200 – it appears that markets are rather sanguine over tariff risks. Remember th...Reuters
Mon, Feb 24
Cryptocurrencies
Did Ethereum’s Design Enable The Bybit Hack? Experts Clash
The colossal $1.5 billion hack of Bybit last week has set off fierce discussions across the crypto community, with some industry voices contending that Ethereum’s design might have played a role. The theft of approximately 401,000 Ether (ETH)— orchestrated by the North Korean Lazarus Group—has raise...Bitcoinist
Mon, Feb 24
Forex
EUR/USD falls back amid fears over German economic outlook
EUR/USD surrenders most of its initial gains as the US Dollar bounces back. Market participants worry that potential German coalition government formation will unlikely uplift the economy. Weak US private business activity data weighed on the US Dollar.
Fxstreet
Mon, Feb 24
Stocks
Billionaire Philippe Laffont Sold 77% of Coatue's Stake in Nvidia in 2024 in Favor of a Polarizing Artificial Intelligence (AI) Stock That's Up 6,700% Since Its IPO
The amount of data at investors' fingertips can sometimes feel overwhelming. Between a steady stream of economic data releases and earnings season -- the six-week period each quarter where most S&P 500 (SNPINDEX: ^GSPC) companies report their operating results -- it can be easy for something importa...The Motley Fool
Mon, Feb 24
Forex
FOREX-Euro rises after Germany's conservatives win, dollar lacklustre
Euro rises in wake of German election resultsDollar falls to lowest in two months on U.S. growth concernsRaft of U.S. economic data, Fed speakers expected this weekUpdates in European mid morning tradeBy Rae Wee and Greta Rosen Fondahn SINGAPORE/GDANSK, Feb 24 (Reuters) - The euro nudged higher o...Reuters
Mon, Feb 24
Stocks
The Smartest High-Yield Dividend Stocks to Buy With $1,000 Right Now
The past few years have been challenging for the commercial real estate sector. Higher interest rates to combat inflation have weighed on real estate values. They've also made it more expensive for real estate operators to make acquisitions and fund development projects. However, rates should finall...The Motley Fool
Mon, Feb 24
Commodities
EUROPE GAS-Prices trade in narrow range amid milder weather
LONDON, Feb 24 (Reuters) - Dutch and British wholesale gas prices traded in a narrow range on Monday morning as temperatures across the continent turned milder following a recent cold snap and as the market monitored the peace talks to end the war in Ukraine. The benchmark front-month contract a...Reuters
Mon, Feb 24
Commodities
Iraqi Kurdistan can start oil flows within days on Turkish approval, minister says
Changes headline and paragraph 1, adds details in 2, 7 BAGHDAD, Feb 24 (Reuters) - Iraq is waiting for Turkey's approval to restart the oil flows from the Iraqi Kurdistan region, the Iraqi oil minister said on Monday, adding that Kurdish oil exports will hopefully be ready in two days.Asked i...Reuters
Mon, Feb 24
