Stock Market
Stellantis Invests in Controlled Thermal for Lithium Boost
Leading automobile assembly firm Stellantis has unveiled a strategic move aimed at securing a robust supply of lithium, a crucial component for electric vehicle (EV)...
Walmart Thrives Amid Inflation Challenges, Surges in Q2
Retail behemoth Walmart (WMT) has navigated the turbulent waters of inflation with finesse, capturing the hearts of American consumers in its wake. The company’s Q2...
US Stock Futures Point Higher Amid 15-Year High Treasury Yields
U.S. stock futures indicated a modestly positive start for Wall Street on Thursday morning, signaling a potential rebound after two consecutive sessions of losses, driven...
Stocks React to Federal Reserve Minutes, Inflation Concerns
Stocks faced a turbulent close on Wednesday as market losses deepened following the release of Federal Reserve minutes that underscored lingering inflation concerns. Simultaneously, the...
Inflation Risks Prompt Deliberations at Federal Reserve Meeting
The latest Federal Reserve meeting saw a majority of its members express apprehension regarding potential “significant upside risks” stemming from future inflation pressures. Central to...
Market Watch: Oil Prices Set to Surge Despite China Concerns
In a promising outlook for the global oil market, UBS strategists have forecasted a rally in oil prices, potentially breaching the $90 per barrel mark...
Nvidia Prepares for Q2 Earnings Report Amid AI Frenzy
Nvidia (NVDA) is poised to unveil its second quarter (Q2) earnings report after the closing bell next Wednesday, marking a pivotal moment that will test...
Weight Loss Drugs Shortages Boost Cardinal Health’s Q4 Profits
In a remarkable turn of events, the surging demand for weight loss drugs has led to shortages and catapulted Cardinal Health (CAH) to a...
Hedge Funds Trim Intel Shares Amidst Tech Surge
In the midst of a robust technology rally during the second quarter, hedge funds have been in a race to capitalize on the soaring market....
Coinbase Wins NFA Nod for Crypto-Futures Launch
Coinbase Global (COIN) has received the green light from the National Futures Association (NFA), a self-regulatory body authorized by the Commodity Futures Trading Commission (CFTC),...
