Stock Market
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),...
VinFast Auto Shares Surge 255% on Nasdaq Debut
In a whirlwind entry onto the Nasdaq Global Select Market, VinFast Auto Ltd., despite facing a litany of operational issues and unfavorable reviews for its...
Target Cuts Profit Outlook Amid Economic Uncertainties
Target Corporation (NYSE: TGT) finds itself navigating a challenging terrain as the company slashes its full-year profit outlook, citing concerns about a sluggish economy, rising...
Markets Await Fed Meeting Minutes Amid Target’s Warning
The US stock futures exhibited cautious fluctuation near the neutral zone on Wednesday, amidst a retail-centric week, amplified by a cautionary note from Target (TGT)....
Market Closing: Dow, S&P 500, and Nasdaq All Suffer 1% Setback
US stocks faced a tumultuous day on Tuesday as a worldwide wave of selling gripped the markets. While the week commenced with signs of continued...
Bullish Outlook on Stocks Fueled by Strong US Economy
Encouraging economic data has continued to surpass expectations, prompting a shift in outlook among economists and Wall Street strategists. The specter of a recession has...
China Evergrande Shares Surge 50% on $3.2B Revamp
In a significant turn of events, China Evergrande New Energy Vehicle Group (NEV) witnessed a remarkable surge of nearly 50% in its shares on Tuesday....
JPMorgan Chase Seizes Opportunity as Bond Yields Surge
Prominent financial institutions, including JPMorgan Chase & Co. and Western Asset Management, are capitalizing on the recent surge in bond yields, considering it a strategic...
