Stock Market
Wall Street Reacts to Fed’s Steady Rates Decision
Wall Street experienced a mixed day of trading on Wednesday as investors absorbed the Federal Reserve’s (Fed’s) anticipated decision to maintain interest rates at their...
Interest Rates Unchanged: Federal Reserve Monitors Inflation
In a move to stabilize the economic landscape, the Federal Reserve opted to leave interest rates unchanged during its meeting on Wednesday. The benchmark rate...
JPMorgan Lowers Dollar General Stock Rating
JPMorgan analysts have downgraded Dollar General (DG) stock, citing concerning trends among the value retailer’s low-income customer base. The financial institution revised its recommendation from...
Klaviyo Shares Surge 20% Above IPO Price
In a resounding display of investor confidence, Klaviyo (KVYO), the Boston-based marketing automation powerhouse, is poised to kick off trading with shares surging up to...
General Mills Shines in Q1: Exceeds Sales and Profits Targets
General Mills, the multinational packaged food company, reported robust first quarter (Q1) sales and profits on Wednesday, surpassing market expectations. This accomplishment comes in the...
Instacart Shares Decline After Promising Nasdaq Debut
Instacart, which saw its initial public offering (IPO) on Monday, emerged with a staggering valuation of nearly $9.9 billion. However, in a twist of market...
Dow and S&P Edge Up Before Fed Decision
In a cautious ascent, Wall Street stocks edged higher on Wednesday morning as investors braced themselves for the anticipated Federal Reserve announcement regarding interest rates....
Market Reacts to Instacart IPO and FOMC Meeting
Tuesday closed with a significant stock market recovery as the Federal Open Market Committee (FOMC) embarked on its latest policy meeting, while investors closely scrutinized...
Investor Confidence Wanes as Arm Holdings Shares Decline
Shares in Arm Holdings experienced a 4.6% drop on Tuesday, marking the third consecutive daily decline for the chip designer in its initial four sessions...
$10 Billion Valuation: Instacart Nasdaq Debut Triumph
San Francisco-based grocery delivery app, Instacart, made a highly anticipated debut on the Nasdaq on Tuesday, with its stock opening at $42 per share, surpassing...
