Report highlights growing expectation for personalized service A recent report from Cerulli Associates reveals that affluent investors are increasingly relying on their investment advisors to guide their finances. With this increased reliance comes a higher expectation for a superior level of service from their financial professionals. During periods of macroeconomic turmoil, … [Read more...] about Affluent Investors Seek More from Financial Advisors
Forex News
The Impact of 5% Treasury Yields on Stock Market Bulls
With Treasury yields reaching 16-year highs and the 10-year yield surpassing the significant 5% threshold, stock-market bulls are left pondering the implications. The recent surge in yields has investors reassessing their expectations and reallocating their assets. The Historical Context Andrew Greenebaum of Jefferies points out that in the past, breaches of the 5% level for … [Read more...] about The Impact of 5% Treasury Yields on Stock Market Bulls
Apple Faces Challenging Times Ahead
Apple Inc. is entering a critical period as it approaches its next earnings report, according to analyst Brian White. In a report to clients, White highlighted several factors that could negatively impact iPhone trends, including a struggling economy, increased competition from Huawei, and a saturated smartphone market. These factors, combined with only incremental updates to … [Read more...] about Apple Faces Challenging Times Ahead
Redfin Secures $250 Million Financing from Apollo Global Management
Shares of Redfin Corp. experienced a significant surge of over 12% in after-hours trading on Monday following the announcement that Apollo Global Management has committed to providing up to $250 million in financing for the renowned real-estate brokerage. This agreement not only bolsters Redfin's balance sheet but also extends the maturity dates of its debt obligations until … [Read more...] about Redfin Secures $250 Million Financing from Apollo Global Management
PricewaterhouseCoopers Reports 5.6% Increase in Global Revenue
PricewaterhouseCoopers (PwC) announced a significant 5.6% rise in global revenue for the latest fiscal year, showcasing the firm's commitment to expanding employee training. The total revenue for PwC amounted to $53.09 billion, marking substantial growth. Audit and Advisory Performance In the audit sector, PwC generated $18.73 billion, an increase of 4% compared to the prior … [Read more...] about PricewaterhouseCoopers Reports 5.6% Increase in Global Revenue
