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
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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
McCarthy Spurs Impeachment Inquiry Against Biden
In a surprising turn of events on Tuesday morning, House Speaker Kevin McCarthy yielded to the demands of his right-wing faction, announcing an impeachment inquiry
Apple Launches iPhone 15: USB-C Ports and Pro-Level Features
In a highly anticipated announcement, Apple launched its latest offerings, the iPhone 15 and iPhone 15 Pro, on Tuesday. These flagship devices bring significant enhancements,
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
Smurfit Kappa and WestRock in $20B Mega-Merger
In a historic move, Europe’s leading paper and packaging producer, Smurfit Kappa, and its U.S. counterpart, WestRock, have inked a monumental merger agreement, propelling them
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
