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S&P 500 Nears Record High as Fed Rate Cut Hopes Drive Gains
Stocks Climb as Fed Rate Cut Anticipation Grows U.S. stocks resumed their upward momentum on Thursday. The S&P 500 (^GSPC) edged closer to record levels....
US Markets Rebound as Fed Signals Potential September Rate Cut
US Stocks Recover Amid Fed September Rate Cut Hopes US stocks closed higher on Wednesday, marking a rebound after the longest win streak of the...
Oaktree Capital and B. Riley in High-Stakes Talks for $380M Acquisition
Oaktree Capital Eyes Major Stake in B. Riley Units Oaktree Capital is in exclusive discussions to acquire a majority stake in two businesses owned by...
Major Downward Revision of US Job Figures Sparks Debate on Labor Market Health
US Job Market Revision: A Closer Look The US economy’s employment figures for March 2024 have been revised downward by 818,000, revealing a potentially earlier...
GD Culture Group Surges as TikTok Launch Bolsters AI Engagement
GD Culture Group TikTok Launch GD Culture Group, alongside its subsidiary AI Catalysis Corp., has launched a new TikTok account. The account, @streamlineainews, aims to...
Oil Prices Rebound Slightly as Market Balances Demand Concerns and Middle East Tensions
Oil prices edged up on Wednesday, recovering modestly after a recent slump driven by concerns over reduced Chinese demand and diminishing fears of widespread Middle...
Reviva Pharmaceuticals Announces $5M Stock Offering, Stock Plunges 24%
Reviva Pharmaceuticals Holdings, (NASDAQ: RVPH) has announced a significant underwritten public offering of common stock and warrants, as the company aims to raise $5 million...
NIO Stock Struggles Amid Chinese Market Headwinds
NIO Inc (NYSE:NIO) is facing an uphill battle as its shares continue to struggle on Tuesday, weighed down by broader Chinese market headwinds. The company’s...
BigBear.ai Surges 39% After Securing $2.4 Billion FAA IT Contract
Shares of BigBear.ai (NYSE: BBAI) soared by 39.47% on Wednesday, marking a significant uptick in the stock’s value after the company was named a key...
WBD Plans $8.5B Investment in Nevada, Awaits Tax Credit Decision
WBD Investment in Nevada – Warner Bros. Discovery (WBD) is setting its sights on Southern Nevada for its next major expansion, with plans to establish...