Stock Market
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....
Tech Stocks Decline Amid Fed’s Rate Decision
In a turn of events that rattled the stock market, tech stocks experienced a notable decline on Thursday as investors responded unfavorably to the Federal...
Stocks Dip on Federal Reserve’s Steady Rates Decision
In a response to the Federal Reserve’s decision to maintain interest rates, stocks experienced a downturn on Wednesday. The Dow Jones Industrial Average concluded the...
Klaviyo Shares Surge 23%, Market Valuation Reaches $11.3B
In a remarkable debut on the New York Stock Exchange (NYSE) on Wednesday, Boston-based marketing automation firm Klaviyo witnessed its shares surge by almost 23%,...
