Editor’s Picks
Balancing Act: How US Rules Chart a Course for Semiconductor Industry
In a significant move, the Biden administration has imposed sweeping regulations, strategically aimed at severing China’s access to critical US artificial intelligence (AI) chips. Concurrently,...
Nvidia: 52-Week High Takes a Hit, Stock Value Dips 5%
The Biden administration announced on Tuesday its intention to halt shipments of select artificial intelligence (AI) chips from prominent American companies, including Nvidia (NVDA), to...
Procter & Gamble Shares Surge Nearly 2% in Pre-Market Trading
Consumer goods powerhouse Procter & Gamble (P&G) experienced a nearly 2% surge in shares in pre-market trading on Wednesday, buoyed by robust fiscal first quarter...
Oil Prices Surge as Iran Calls for Embargo on Israel Following Gaza Hospital Explosion
On Wednesday, oil prices saw a sharp spike following a call for an embargo on Israel by Iran in response to a deadly explosion at...
Stocks Dip Amid Middle East Tensions and Lackluster Earnings
Stocks opened Wednesday on a somber note, as escalating tensions in the Middle East triggered a surge in oil prices. Investors grappled with uninspiring earnings...
Retail Sales Surge Propels Stock Market to Steady Close
The stock market concluded Tuesday’s session with a subdued performance, as robust retail sales data exceeded projections and corporate earnings exhibited strength. The Dow Jones...
Wyndham Dismisses Choice Hotels’ $9.8B Proposal
In a move described as “underwhelming” by Wyndham Hotels & Resorts Inc., Choice Hotels International Inc. has proposed a takeover offer that would forge a...
Consumers Dodge Higher Costs as Gasoline Prices Remain Resilient Amid Crude Surge
In the midst of an ongoing conflict between Hamas and Israel and a 5% surge in US crude oil futures, the American public has witnessed...
Netflix Prepares to Unveil Q3 Earnings Amidst Strategic Shifts
As the closing bell nears, Netflix (NFLX) gears up to release its fiscal third-quarter (Q3) earnings on Wednesday, with investors eagerly awaiting updates on several...
Strong Retail Sales Signal a Bullish Outlook for the US Economy
In a testament to the robustness of the US economy, retail sales surged by 0.7% in September, outpacing Wall Street’s predictions of a 0.3% growth,...
