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Goldman Says Hedge Funds Turn Bullish on US Stocks, Buy Tech
  • February 10, 2025

Goldman Says Hedge Funds Turn Bullish on US Stocks, Buy Tech

(Bloomberg) -- Hedge funds emerged as big buyers of US stocks last week, shifting away from a previously bearish stance in the wake of stronger-than-expected earnings reports.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSAfter five

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South African Stocks Head for Record as Trump Tariffs Stoke Gold
  • February 10, 2025

South African Stocks Head for Record as Trump Tariffs Stoke Gold

(Bloomberg) -- South Africa’s benchmark stock index headed for a record as investors overlooked a US aid freeze amid a rise in gold prices stoked by President Donald Trump’s latest tariff pledge.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Wi

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Monday.com’s (NASDAQ:MNDY) Q4 Sales Top Estimates, Stock Jumps 19.6%
  • February 10, 2025

Monday.com’s (NASDAQ:MNDY) Q4 Sales Top Estimates, Stock Jumps 19.6%

Project management software maker Monday.com (NASDAQ:MNDY) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 32.3% year on year to $268 million. The company expects next quarter’s revenue to be around $275 million, close to analysts’ estimates. Its non-GAAP profit of $1.08 per share was 36.8% above analysts’ consensus estimates.

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McDonald's international markets prop up sales growth even as US lags
  • February 10, 2025

McDonald's international markets prop up sales growth even as US lags

(Reuters) -McDonald's global comparable sales posted a surprise rise in the fourth quarter on Monday, aided by demand for its affordable burgers and fries among diners in the Middle East, Japan and China. Shares of the burger chain rose nearly 5% in early trading, despite a bigger-than-expected drop in the U.S. comparable sales due to an E.coli outbreak in late October and cautious spending. Demand pressure on fast-food chains operating in the Middle East has slowly begun to ease after widespread informal boycotts of Western fast-food chains over their perceived pro-Israeli stance in the Gaza conflict.

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India IPO Market Gets Reality Check as $4 Billion Lockups Expire
  • February 10, 2025

India IPO Market Gets Reality Check as $4 Billion Lockups Expire

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Most Read from BloombergNice Airport, If You Can Get to It: No Subway, No Highway, No BridgeSin puente y sin metro: el nuevo aeropuerto de Lima es una debacleThe Forgotten French Architect Who Rebuilt MarseilleIn New Orleans, an Aging Dome Tries to Stay SuperHow London’s Taxi Drivers Navigate the City Without GPSIndia’s newest stocks joined a b

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