Stock Market
Ford Progresses, UAW Escalates Strikes at GM and Stellantis
The United Auto Workers (UAW) union has extended its “stand up” strikes to General Motors (GM) and Stellantis, affecting plants and distribution facilities in 20...
Activision Blizzard Acquisition Progresses for Microsoft
Microsoft (MSFT) is on the brink of surmounting its last obstacle in the United Kingdom, as it strives to secure its acquisition of the renowned...
Wall Street Stocks Rebound Post Federal Reserve Update
Wall Street stocks made a modest recovery on Friday after experiencing significant declines the previous day, triggered by the Federal Reserve’s announcement signaling a prolonged...
Tech Stocks Hit in Wall Street Decline After Fed Announcement
Wall Street experienced a decline Thursday as the Federal Reserve opted to maintain current interest rates, sending a hawkish signal to investors, hinting at a...
Broadcom Shares Slide as Google Mulls Supplier Change
Shares of Broadcom plummeted by 6% on Thursday, following a report by The Information, revealing Google executives’ contemplation of severing ties with the semiconductor giant...
Crude Oil Prices: Analysts Eye $100 per Barrel Milestone
Wall Street analysts are issuing a stark warning as crude oil prices surge towards a potential milestone of $100 per barrel. Goldman Sachs, a prominent...
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...
