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According to research from Goldman Sachs, 56% of the 548 active funds in U.S. are currently outperforming their benchmarks.

UiPath, Inc. (NYSE: PATH), a leading Romanian enterprise automation software company, announced last week financial results for its third quarter fiscal 2023 ended October 31, 2022 that were better than expected, with revenue up 19% yoy while loss per share was 10 cents vs consensus of $-0.18/share.

There’s still some bubble to deflate on the U.S. stock market, while inflation is far from being under control in many parts of the world. High interest rates didn’t yet manage to tame rising prices, rather putting pressure on borrowers.

The US economy added 263,000 jobs in November, ahead of the 200,000 consensus estimate, even when accounting for a 23,000 downward revision to the past couple of months of data.

Inflation dropped more than expected from 10.6 to 10% in November, mainly on energy price developments while core inflation remained stable at 5% though

Unfavorable market conditions marked by rising interest rates and volatility from geopolitical tensions such as the Russia-Ukraine war have prevented private equity firms, including Carlyle, from cashing out investments for top dollar.

Raiffeisen Bank S.A. successfully placed on Friday, November 25, a new issue of corporate bonds in RON, being the fourth non-preferential senior bond issue out of the bank’s six eligible bond issues.

Protests in China intensify, while new Covid cases exploded to over 40,000 on Sunday. Officials in Beijing are now facing interrelated economic, health, and political crises.

Santa Claus rally – a phenomenon in the stock market, which for many traders has woven a successful Christmas, and with a bit of luck – even spent in some exotic corner in pleasant company.