Stock Market
Rite Aid Bankruptcy: Concerns Arise Over Medicine Access
In a move driven by its ongoing bankruptcy proceedings, Rite Aid has unveiled plans to shutter a significant number of its stores, a decision that...
US Halts AI Chips Exports to China, Tightens Controls
Exports of AI chips to China Halted In a significant move to safeguard advanced US technologies and curb China’s military development, the Biden administration announced...
Thermo Fisher Scientific to Acquire Olink Holding AB in $3.1B Deal
In a strategic move to enhance its capabilities in life sciences, Thermo Fisher Scientific and Olink Holding AB jointly announced on Tuesday their agreement for...
US Factory Production Surges 0.4% Despite Auto Industry Strikes
In a surprising turn of events, the US factory production witnessed a notable upswing, defying expectations amid ongoing strikes within the automobile industry that have...
Lucid Group Reports Near 4% Increase in Q3 Deliveries Amid EV Market Challenges
Lucid Group, the electric vehicle manufacturer, revealed a nearly 4% sequential uptick in its deliveries during the third quarter (Q3) ending on September 30. This...
Bank of America Posts 10% Surge in Q3 Profits Amidst Economic Slowdown
Despite prevailing economic headwinds, Bank of America (BAC) reported a commendable 10% surge in profits during the third quarter (Q3) compared to the previous year....
Strong Start to Q4: September Retail Sales Beat Wall Street Estimates
Despite mounting challenges and warnings of a potential economic slowdown, the latest retail sales figures for September demonstrate unwavering strength in the American consumer market....
Stocks Slip as Retail Sales Surge Exceeds Expectations
The opening bell saw a dip in stocks on Tuesday, following an impressive surge in retail sales data and a robust start to the earnings...
Stocks Rally Amidst Geopolitical Tensions, Earnings Season Unfolds
Amidst escalating geopolitical tensions surrounding the US-Israel-Hamas conflict, Wall Street staged a rally on Monday, exhibiting remarkable resilience as stocks surged. The Dow Jones Industrial...
Biocept Shares Decline 48.7% Amidst Chapter 7 Bankruptcy Filing
Biocept Inc., a prominent molecular diagnostics company, witnessed a staggering 48.7% decline in its shares today. This abrupt downturn culminated in the company’s decision to...
