Stock Market
US Treasury Yields Ease Amid Euro Zone Data
In a much-awaited respite, the US Treasury 10-year yields have eased off their staggering 16-year highs on Wednesday, offering a momentary relief to beleaguered government...
Upcoming Nvidia Earnings Report Sparks Interest
In a prelude to Wednesday’s trading session, stock market futures indicated a modest upturn in the United States, with market participants eagerly awaiting the forthcoming...
Nasdaq Shines Amidst Mixed US Stock Market Close
The US stock market closed Tuesday’s trading session with a mixed performance, as the tech-focused Nasdaq Composite emerged as the sole major index to land...
Lowe’s Q2 Profits Exceed Projections, Stock Jumps 3.5%
Lowe’s (LOW) witnessed a commendable surge in its stock on Tuesday, with an impressive gain of 3.5%, following the announcement that its second-quarter profits exceeded...
SVB Financial Group’s Venture Capital Rebound in Progress
SVB Financial Group, the embattled former parent company of Silicon Valley Bank, is taking decisive measures to resurrect its venture capital enterprise, following a recent...
Cost-Saving Drive: Charles Schwab Initiates Job Cuts and Office Downsizing
In a move aimed at bolstering operational efficiency, Charles Schwab revealed its plans to initiate a series of job cuts and office downsizing, according to...
Zoom Shares Dip 6% as Q2 Earnings Miss Analyst Projections
Zoom Video Communications Inc (ZM) encountered an unexpected hurdle as its stock plummeted by up to 6% on Tuesday morning, reflecting a Q2 earnings report...
Retail Crime Hits Dick’s Sporting Goods Stock, Dropping 20%
Dick’s Sporting Goods (DKS) witnessed a staggering plummet of more than 20% in its stock value during Tuesday morning trading as the prominent sporting goods...
Modelo Especial Takes Lead in U.S. Beer Sales, Bud Light Slips
In a significant shift in the American beer market, Modelo Especial, the Mexican lager, has emerged triumphant, dethroning Bud Light from its long-standing reign as...
Macy’s Q2 Earnings Shine Amid Credit Card Revenue Slump
Macy’s Inc (M) delivered better-than-expected earnings for the second quarter (Q2) of the fiscal year, but the retail giant acknowledged challenges within its credit card...
