Stock Market
Nike Q1 Results: Wall Street Anticipates Slowdown Impact
Athletic apparel giant Nike is set to unveil its fiscal first-quarter (Q1) results after Thursday’s market close, amid heightened investor scrutiny over consumer spending trends...
Goldman Sachs: 90% Odds of Imminent Government Shutdown
As the September 30th funding deadline approaches, economists at Goldman Sachs have issued a stark warning, estimating a 90% likelihood of a government shutdown in...
FTC Alleges Monopoly: Amazon Faces Antitrust Lawsuit
The US Federal Trade Commission (FTC) and 17 states have jointly filed a groundbreaking antitrust lawsuit against e-commerce behemoth Amazon (AMZN) on Tuesday, alleging the...
Micron Technology Report: Crucial Test for Investors
Micron Technology, a prominent memory chip-manufacturer, is poised to deliver a pivotal litmus test for investors seeking solace in the midst of a tumultuous tech...
Shares of Faraday Future Drop 30% on $90M Stock Offering News
Shares of Faraday Future Intelligent Electric (NYSE: FFIE) tumbled on Wednesday, as the beleaguered electric vehicle manufacturer revealed plans to raise up to $90 million...
Stock Market Resilience Amid US Economy Concerns
The stock market staged a determined recovery on Wednesday, with investors striving to regain ground after experiencing significant losses which were triggered by heightened concerns...
S&P Dips 1.5%, Dow Plummets 1.2%, Nasdaq Down 1.6%
The stock market witnessed a persistent downturn in September as the S&P 500 index retracted by 1.5%, the Dow Jones Industrial Average plummeted nearly 400...
JPMorgan CEO Warns of Potential 7% Benchmark Interest Rates
In a recent interview with the Times of India, JPMorgan CEO Jamie Dimon urged clients to brace themselves for the possibility of benchmark interest rates...
Consumer Confidence Index Hits Lowest Point Since 2020
In a notable shift from the positive outlook observed during the summer months, the Consumer Confidence Index in the United States experienced a substantial dip...
DraftKings Shares Get Boost with JPMorgan Upgrade
JPMorgan, a prominent financial institution, announced on Tuesday its decision to upgrade shares of the online gambling giant, DraftKings (DKNG), from Hold to Buy, concurrently...
