Tag: S&P 500 investement

Bank of America has been contracted to be one of the advisers on Qatari Sheikh Jassim Bin Hamad J.J. Al Thani’s bid to acquire Premier League soccer club Manchester United, the Sheikh's spokesperson confirmed. Sheikh Jassim, who confirmed his bid in an email on Friday,...

Global food and beverage processing company Nestle is set to invest $100 million over the next three years in its business in Colombia, President Gustavo Petro announced on Friday. This investment is part of President Petro's efforts to boost industrialization. "Industrializing Colombia is essential...

Microsoft Inc has announced its decision to prepare a multi-billion dollar investment in OpenAI, the company that developed the artificial intelligence-powered chatbot, ChatGPT. Through this investment, Microsoft hopes to add OpenAI’s capabilities to its own software capabilities as it looks to gain the edge...

Foxconn, a supplier and producer for Apple Inc, has announced its intention to invest over $300 million in the diversification and expansion of its production capabilities in northern Vietnam. The Taiwanese company signed a memorandum of understanding with Vietnamese developer Kinh Bac City to...

As the U.S. stock market continues its trend of underperforming, the S&P 500 just reached numbers not seen in the last 50 years. After the June trading wrapped up, S&P 500 recorded a decline of around 20 percent so far in 2022. This marks...

The S&P 500 officially entered the bear market early in the week after dropping 21 percent from its peak in January. This marked S&P 500's first bear market since March 2020, when the COVID-19 pandemic started. As a result, many investors entered the state...