UAE tries to cash in on its crude reserves before the world transitions to cleaner energy, according to people familiar with the matter.
The FedEx announcement was the “first in a series of warnings that we may see for the quarters to come," Swissquote senior analyst Ipek Ozkardeskaya.
A rebound for Cathie Wood’s exchange-traded funds may depend in part on an equally battered large-cap technology stock -- Nvidia Corp.
Apple, Alphabet, Amazon, and Nvidia are doubling down on buybacks, which are when a company buys its own stock, reducing the overall share count.