Tag Archives: shaken

Last year’s stock market volatility rattled Americans so much that almost 2 in 3 prefer to have their money sit in cash on the sidelines rather than endure market swings. That is the latest finding from Allianz Life, which asked this question for the first time in a recent survey of 1,005 adults over 18 in December. And data released in January by the Department of Commerce shows that Americans are again starting to sock away more cash. The savings rate for December was 3.4% — the highest… Source link

(Bloomberg) — SoftBank Group Corp. founder Masayoshi Son is used to praise and encouragement from shareholders. But the company’s loss of $34 billion in market value over the last year is a test for even his most faithful admirers when they gather for the annual shareholders’ meeting on Friday. Most Read from Bloomberg Investors stuck by Son when SoftBank announced a holding company strategy in 2015 to hive out its staid but profitable domestic telecom business to become the world’s… Source link

Yandex, the company often referred to as “Russia’s Google”, has become increasingly isolated as Western investors and key partners abandon it in the wake of Vladimir Putin’s war in Ukraine. More than 75 per cent of the company’s value has been wiped off in the past six months, while plummeting dramatically as Russian forces began their attacks last week. Trading in the company’s shares was halted on Monday because of volatility. Widely seen as one of the jewels in the… Source link