Stock Market
Taylor Swift Eras Tour Film Sparks Stock Gains for AMC
Pop sensation Taylor Swift made a groundbreaking announcement on Thursday, revealing that her iconic Eras Tour will be hitting movie theater screens nationwide this October....
Shrink Woes Dent Profits for Five Below and Dollar General
In a blow to their financial performance, both Five Below (FIVE) and Dollar General (DG) find themselves grappling with a substantial drop in profits as...
UBS Merger with Credit Suisse Drives $29B Q2 Net Profit
UBS Group has unveiled plans to fully integrate the domestic bank of Credit Suisse, elevating its cost-saving endeavors to surpass $10 billion across the group....
Dollar General Shares Decline 14% After Downgraded Forecasts
Discount retail leader, Dollar General, has taken a decisive step to slash its yearly sales and profit expectations. The Goodlettsville, Tennessee-based firm attributes this adjustment...
Wall Street Commences August’s End with Positive Opening
Wall Street greeted investors with a positive opening on Thursday, reflecting renewed confidence as recent data suggested a potential alleviation of inflation pressures, a primary...
Preferred Inflation Measure of Federal Reserve, PCE Higher in July
The Personal Consumption Expenditures (PCE) Index, the preferred inflation measure of the Federal Reserve, saw a slight increase in July, reversing some of the steep...
Investors Await Inflation Report Impact on Markets
In the lead-up to Thursday’s opening bell, stock markets presented a mixed picture as investors adopted a cautious stance in anticipation of a pivotal inflation...
US Stocks Extend Gains Despite Revised Economic Growth Data
Revised economic growth data revealing a slower expansion of the US economy in Q2 than initially projected did not impede the stock market’s bullish momentum,...
Nvidia Stock Hits Record Highs as Analyst Sees Undervaluation
Experiencing a surge to record highs, Nvidia (NVDA) stock has recently achieved unprecedented altitudes, although a prominent analyst asserts that its present valuation still belies...
US Market Venture of VinFast: Valuation Spikes and Dips
VinFast (VFS), an electric vehicle (EV) manufacturer, is likely unfamiliar to most Americans. Nonetheless, Vinfast has garnered considerable attention due to its surging valuation and...
