Business
Exxon Mobil Acquires Pioneer in $59.5B All-Stock Deal
Exxon Mobil Corp has sealed a monumental all-stock deal valued at $59.5 billion to acquire its U.S. counterpart, Pioneer Natural Resources, marking Exxon’s most significant...
Mixed Market Reactions: Wall Street Stocks Edge Up Amidst Global Uncertainties
Mixed Market Reactions: Wall Street Stocks Edge Up Amidst Global Uncertainties The closing bell on Wall Street rang with a note of cautious optimism as...
Treasury Yields Retreat from 16-Year Peaks, But Bonds Face Uncertainty
Treasury Yields Retreat from Peak, But Bonds Face Uncertainty In recent days, Treasury yields experienced a notable dip, alleviating concerns surrounding the alarming 16-year highs...
U.S. Retailers Fine-Tune Inventory Strategies for Holiday Season, Echoing Pre-Pandemic Norms
Retailers Fine-Tune Inventory Strategies for Holiday Season As the holiday season approaches, retailers in the United States are gearing up for a year that mirrors...
Key Research Calls on Wall Street: Upgrades and Downgrades Summarized
Upgrades and Downgrades Summarized: In the hub of Wall Street’s most discussed and market-influencing research calls, today’s highlights have been compiled by The Fly, offering...
Americans Express Mixed Sentiments on Inflation and Finances in Latest NY Fed Survey
Americans Express Mixed Sentiments on Inflation In a recent survey conducted by the Federal Reserve Bank of New York (NY Fed), Americans showcased a mixed...
AMD Strengthens AI Capabilities through Strategic Acquisition of Nod.ai
AMD Strengthens AI Capabilities through Strategic Acquisition Advanced Micro Devices (AMD), locked in a fierce competition with rival chipmaker Nvidia, recently unveiled their acquisition of...
US Economy To Fuel Slight Rise In Earnings Despite Stock Market Declines
Rise In Earnings Expected despite facing a turbulent September in the stock market, the robustness of the US economy and sustained consumer demand indicate a...
Boeing Grapples with Production Woes, Struggles to Meet Delivery Targets
Boeing Fears Missing Targets Boeing Fears Missing Targets: The Aircraft giant faced a significant setback in its third-quarter airline jet deliveries, reporting a notable slump...
Atlanta Fed President: No Further Rate Hikes, No Recession in Sight
Atlanta Fed President: No Rate Hikes, No Recession in Sight Atlanta Federal Reserve Bank President Raphael Bostic surprised the American Bankers Association on Tuesday, affirming...
