In yet another ominous prediction for the course of Wall Street, the mega-investor made famous by the movie “The Great Shorting” Michael Berry, claiming that a market crash has begun. Earlier this year Michael Berry referred to the “foolishness” that has returned, saying markets are behaving irrationally once again. Last year, he sounded the alarm […]
Sophia
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
Dividend portfolio: find out which are the most recommended stocks for September
The mining company Vale was the most suitable company for investors looking to build their portfolios focused on dividends. The mining company also stands out in the recommended stock portfolio for September. In second place was CPFL, which rose from two nominations in August to five this month. The increase in recommendations is due to […]
Reduction of 7% in the price of gasoline for distributors goes into effect this Friday
This Friday (2) the reduction of 7.08% in the price of type A gasoline sold to distributors begins to take effect, as announced by Petrobras on Thursday. Now, the price goes from R$ 3.53 to R$ 3.28 per liter. At the pumps, Petrobras’ share will rise from R$ 2.57, on average, to R$ 2.39 per […]
Losses in Asia pending US macro
Asian markets are trading lower on Friday as a new lockdown in China and crucial US jobs data due today keep investors nervous. Data released yesterday in the US on new jobless claims came in better than estimates, confirming the strong picture of the labor market. Investors are now gearing up for today’s government data […]
Cruise recalls robotaxis after passenger injured in crash
This week, Cruise, which has General Motors as its largest shareholder, became the first robot taxi operator to recall its vehicles, following an accident in June involving “major” damage and minor injuries to passengers. The accident occurred after the robot taxi Cruise making a left turn stopped at the intersection, thinking an oncoming vehicle would […]
“I don’t work with that hypothesis”, says Guedes about losing the elections
At an event with a businessman this Thursday (1st), the Minister of Economy, Paulo Guedes, avoided answering whether he would work to approve the tax reform in Congress, if President Jair Bolsonaro (PL) is not re-elected this year. When asked about the issue, Guedes limited himself to saying: “I don’t work with that hypothesis”. The […]
“It is fair that those who hit recognize the good result”, says Minister of Mines and Energy
The Minister of Mines and Energy, Adolfo Sachsida, told CNN that the GDP result reflects something that he and members of the government have warned for a long time: the market is wrongly analyzing the data of the economy and ignoring the effect of reforms promoted by the government. According to him, the country is […]
Shell and Raízen partner with USP to produce hydrogen from ethanol
Shell Brasil and Raízen have entered into a partnership with the University of São Paulo (USP) for the production of renewable hydrogen (H2) from ethanol supplied by Raízen, the companies reported this Thursday (1st). The construction of two plants sized to manufacture 5 kg of hydrogen per hour is planned and, later, the implementation of […]
Brazil had a higher rate of credit growth in the 2nd quarter, BC preview shows
The Central Bank (BC) published this Thursday (1st) a preview of the regional evolution of credit in the second quarter of 2022. The preview is part of the period’s Regional Bulletin, which will be published in full on Friday (2), at 10 am. In the document, the BC highlighted the higher rate of growth of […]
The strong labor market ‘broke’ Wall’s downward streak
With a “sprint” in the latter part of the session, the main indices of Wall Street erased the losses recorded during most of the day and, except for the technology Nasdaq, entered the traditionally negative September for the markets on the right, despite the fears that investors the prospect of a continuation of the cycle […]
