Stock Market
Cisco Systems Makes Historic $28 Billion Acquisition of Splunk
In a landmark move, Cisco Systems has announced its acquisition of cybersecurity giant Splunk for a staggering $28 billion, marking the largest deal in the...
Instacart Nasdaq Debut: Stock Market Rollercoaster
As of Wednesday’s market close, the stock of Instacart witnessed a nearly 11% decline, with premarket trading on Thursday showing continued strain. However, a modest...
Bank of England Holds Key Rate at 5.25% Amidst 15-Year High
The Bank of England announced on Thursday that it would keep its key interest rate unchanged at 5.25%, marking the highest level in 15 years....
Tech Stocks Decline Amid Fed’s Rate Decision
In a turn of events that rattled the stock market, tech stocks experienced a notable decline on Thursday as investors responded unfavorably to the Federal...
Stocks Dip on Federal Reserve’s Steady Rates Decision
In a response to the Federal Reserve’s decision to maintain interest rates, stocks experienced a downturn on Wednesday. The Dow Jones Industrial Average concluded the...
Klaviyo Shares Surge 23%, Market Valuation Reaches $11.3B
In a remarkable debut on the New York Stock Exchange (NYSE) on Wednesday, Boston-based marketing automation firm Klaviyo witnessed its shares surge by almost 23%,...
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...
