Stock Market
Tech Stocks Hit in Wall Street Decline After Fed Announcement
Wall Street experienced a decline Thursday as the Federal Reserve opted to maintain current interest rates, sending a hawkish signal to investors, hinting at a...
Broadcom Shares Slide as Google Mulls Supplier Change
Shares of Broadcom plummeted by 6% on Thursday, following a report by The Information, revealing Google executives’ contemplation of severing ties with the semiconductor giant...
Crude Oil Prices: Analysts Eye $100 per Barrel Milestone
Wall Street analysts are issuing a stark warning as crude oil prices surge towards a potential milestone of $100 per barrel. Goldman Sachs, a prominent...
Stock Value of Etsy Sees Record Analyst Support
Online marketplace Etsy Inc., which has held the second-weakest position on the index since late 2021, is now experiencing a surge in analyst buy ratings,...
JPMorgan CEO Addresses Interest Rate Changes
Jamie Dimon, CEO of JPMorgan Chase & Co., has raised concerns about the Federal Reserve’s approach to combating inflation. Speaking at an event hosted by...
Darden Restaurants Surpasses Sales and Profit Expectations in Q1
Darden Restaurants, the renowned parent company of the beloved Olive Garden restaurant chain, reported impressive quarterly sales and profit figures on Thursday, outperforming market expectations....
GM and Stellantis Lay off Workers as UAW Deadline Nears
In a development that signals increasing tensions between automotive giants and the United Auto Workers (UAW), General Motors (GM) and Stellantis have initiated layoffs amidst...
Cisco Systems Makes Historic $28 Billion Acquisition of Splunk
In a landmark move, Cisco Systems has announced its acquisition of cybersecurity giant Splunk for a staggering $28 billion, marking the largest deal in the...
Instacart Nasdaq Debut: Stock Market Rollercoaster
As of Wednesday’s market close, the stock of Instacart witnessed a nearly 11% decline, with premarket trading on Thursday showing continued strain. However, a modest...
Bank of England Holds Key Rate at 5.25% Amidst 15-Year High
The Bank of England announced on Thursday that it would keep its key interest rate unchanged at 5.25%, marking the highest level in 15 years....
