Stock Market
Mixed Opening for Stock Market Post Shutdown Crisis
In a roller-coaster start to the new week, the three major US indexes on the stock market saw a mixed opening today, reflecting the ongoing...
Week Closes on Wall Street with Declines in Major Indices
Wall Street concluded the week on a downbeat note as investors grappled with the latest release of the Personal Consumption Expenditures (PCE) Index, the Federal...
UAW Escalates Strikes at Ford and GM Plants
The United Auto Workers (UAW) escalated their strikes on Friday morning, introducing “stand up” strike locations in a strategic move extending into the third week...
AB InBev Shares Surge 4% Post Bank of America Upgrade
Shares of Anheuser-Busch InBev (AB InBev), the parent company of Bud Light, surged by as much as 4% on Friday following an upgrade from Bank...
Eight Companies Settle with SEC, Pay $111M in Penalties
Eight prominent companies have collectively agreed to pay a staggering $111 million in penalties to the US Securities and Exchange Commission (SEC) for transgressions related...
Q3 Tesla Report: Meeting Delivery Projections?
In the lead-up to the anticipated third-quarter (Q3) report of Tesla, concerns have emerged regarding the company’s ability to meet delivery projections. Analysts have sounded...
New York Fed President: Rates Near Peak, Stable Forecast
In a statement released on Friday, New York Fed President John Williams conveyed that the Federal Reserve is currently positioned at or in close proximity...
September Gloom Sets Tone for October Market
In the waning days of September, investors are on edge, facing a persistently grim stock market outlook, with indications suggesting another challenging month for stocks...
Nike Surpasses Expectations in Fiscal First Quarter Performance
Sportswear titan Nike (NKE) delivered a robust performance in its fiscal first quarter, outpacing Wall Street projections for sales, gross margins, and earnings per share....
Fed-Induced Selloff: Safe Haven Status of Apple at Risk
The recent Fed-induced selloff in technology stocks has prompted traders to deploy customary crisis management strategies, yet seeking shelter in Apple Inc, a typically favored...
