Stock Market
Carnival Cruise: From Loss to $1.07B Q3 Profit
Carnival cruise announced a robust third-quarter (Q3) profit of $1.07 billion, equivalent to 79 cents per share, marking a remarkable rebound from last year’s loss...
August PCE Index: Inflation Moderates at 3.5%
New government data reveals that the Federal Reserve’s Personal Consumption Expenditures (PCE) Index experienced a 3.5% year-over-year growth in August, slightly up from the 3.4%...
Stocks Surge at Opening Bell, Building on Thursday’s Gains
The stock market kicked off Friday with a surge in stocks, making strides towards recovering Thursday’s gains. Wall Street eagerly absorbed the latest update on...
Stocks Rally as Federal Reserve Maintains Higher Interest Rates
Stocks saw a rally on Thursday, recovering from earlier losses in the week as the Federal Reserve opted to suspend any potential interest rate cuts,...
US Gaming Giant Roblox Takes Careful Steps into China
Roblox, the prominent US based online gaming company, has undertaken a measured approach in its pursuit of the China market. In 2019, the company unveiled...
Costco Gold Bars in High Demand, Selling Out Within Hours
When one thinks of Costco, images of bulk toilet paper and oversized televisions likely come to mind. However, Costco has been quietly making waves in...
Money Traders’ Tactics Impact Wall Street Dynamics
The ongoing two-month selloff in US stocks is poised to intensify further as a combination of factors, including the stance of options dealers on Wall...
JetBlue Airways Faces Q3 Revenue Challenges
On Thursday, JetBlue Airways, a major US carrier, issued a cautionary statement regarding its third-quarter (Q3) revenue, indicating that it was likely to land at...
Spending Slowdown: BofA Credit Cards Show Impact
Bank of America (BofA) recently released new data indicating a 0.3% decrease in spending on its credit cards for the week ending September 23, compared...
Jefferies Financial Group Sees Modest Q3 Rise
Jefferies Financial Group (JEF) has reported its first quarterly surge in investment banking revenue since the close of 2021, indicating a potential upswing in dealmaking...
