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Market Watch: Oil Prices Set to Surge Despite China Concerns
In a promising outlook for the global oil market, UBS strategists have forecasted a rally in oil prices, potentially breaching the $90 per barrel mark...
Nvidia Prepares for Q2 Earnings Report Amid AI Frenzy
Nvidia (NVDA) is poised to unveil its second quarter (Q2) earnings report after the closing bell next Wednesday, marking a pivotal moment that will test...
Weight Loss Drugs Shortages Boost Cardinal Health’s Q4 Profits
In a remarkable turn of events, the surging demand for weight loss drugs has led to shortages and catapulted Cardinal Health (CAH) to a...
Hedge Funds Trim Intel Shares Amidst Tech Surge
In the midst of a robust technology rally during the second quarter, hedge funds have been in a race to capitalize on the soaring market....
DOJ Intensifies Investigation into Tokenization Strategy of Visa
Visa Inc. finds itself under renewed scrutiny from the US Justice Department (DOJ) as the agency intensifies its investigation into the company’s merchant charging practices...
Amazon Pharmacy Disrupts Insulin Pricing with $35 Option
Amazon Pharmacy (AMZN) unveiled a groundbreaking initiative on Tuesday, pledging to provide insulin products at an affordable cost of $35. The move is aimed at...
Coinbase Wins NFA Nod for Crypto-Futures Launch
Coinbase Global (COIN) has received the green light from the National Futures Association (NFA), a self-regulatory body authorized by the Commodity Futures Trading Commission (CFTC),...
VinFast Auto Shares Surge 255% on Nasdaq Debut
In a whirlwind entry onto the Nasdaq Global Select Market, VinFast Auto Ltd., despite facing a litany of operational issues and unfavorable reviews for its...
Target Cuts Profit Outlook Amid Economic Uncertainties
Target Corporation (NYSE: TGT) finds itself navigating a challenging terrain as the company slashes its full-year profit outlook, citing concerns about a sluggish economy, rising...
Markets Await Fed Meeting Minutes Amid Target’s Warning
The US stock futures exhibited cautious fluctuation near the neutral zone on Wednesday, amidst a retail-centric week, amplified by a cautionary note from Target (TGT)....