Stock Market
American, Spirit Airlines Stocks Slide Due to Economic Shifts
In early trading on Wednesday, American Airlines (AAL) and Spirit Airlines (SAVE) witnessed a dip in their respective stock values following a revision of their...
Stock Market Rally Fueled by Inflation Data Anticipation
Stock market kicked off Wednesday on an optimistic note, with investors closely tracking consumer inflation data, which could hold sway over the Federal Reserve’s impending...
Wall Street Drops as Apple Takes Center Stage
Wall Street closed in the red on Tuesday, with tech giant Apple taking the spotlight as it kicked off its highly anticipated fall event. Investors...
Intel Sells 10% Stake in IMS Nanofabrication to TSMC for $4.3B
Intel Corporation, a leading chipmaker, announced on Tuesday a groundbreaking agreement to sell a 10% stake of its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing...
Instacart Public Market Debut, Valuation Estimated at $9.3B
Instacart, the popular grocery delivery platform, is poised to make its public market debut next week, according to a filing released on Monday. The filing...
Energy Sector Shines as Investors Seek Value Stocks
Investors are making a strategic shift away from technology stocks and crowded growth trades, and they are eyeing value-oriented sectors as the new harbor for...
Tesla Leads Shorted Large-Cap Stock for Third Month
In a report released on Tuesday, securities lending data firm Hazeltree revealed that Tesla secured its position as the most shorted large-cap U.S. stock for...
Q1 Earnings of Oracle Miss Targets, Stock Falls 13%
Oracle Corporation (ORCL) witnessed a significant downturn in its stock prices, plummeting by as much as 13% on Tuesday, following a fiscal first-quarter (Q1)earnings report...
S&P 500 Faces Potential Drop After September 15 Options
A recent analysis by Nomura Securities suggests that the U.S. stock market could be in for a tumultuous second half of September, particularly in the...
TSMC Commits $100 Million Investment in Arm Holdings IPO
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s preeminent contract chipmaker, has announced its commitment to invest up to a staggering $100 million in Arm Holdings...
