Tag: Stock market

Semler Scientific, a lesser-known medical technology company, experienced a significant surge in its shares on Tuesday. This surge came after the company revealed its decision to adopt bitcoin as its primary treasury reserve asset,...

Steve Cohen, the chairman and CEO of Point72, recently discussed his plans to dive into the world of artificial intelligence (AI) investing during an interview with CNBC on April 3, 2024. Point72, led by...

The Mexican Peso has been trading in a tight range on Tuesday as it bounces back from the sell-off that occurred after the elections. President-elect Claudia Sheinbaum is working to reassure the markets with...

Warren Buffett recently attended the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, where he discussed his increased stake in Occidental Petroleum. Over the past nine trading sessions, Buffett's Berkshire Hathaway has been steadily...

The price of Brent crude oil surged by 2% on Monday, leading to a moderate adjustment in the commodity market on Tuesday morning. Currently, a barrel of the North Sea variety is trading at...

Last week, we received some positive news as both the CPI and PPI numbers came in lower than expected. This news is likely to support the stock market overall, as it may give the...

Natural Gas prices have been trying to recover after a four-day losing streak. Traders are examining various data points, including the fact that European Gas storages are currently 73.41% full. This news comes as...

Cathie Wood, the CEO of ARK Investment Management LLC, recently announced that her ARK Venture Fund has made an investment in Elon Musk's startup xAI. This move further solidifies Wood's commitment to artificial intelligence...

Apple's stock price is skyrocketing, reaching $133.82 in early trading on Monday, inching closer to its all-time high of $134.54 from April 2015. The stock closed at $133.29, surpassing its previous record of $133...

The stock market in the US is seeing an overall increase today, with the NASDAQ index leading the way towards gains. If the NASDAQ closes positively today, it will mark the sixth consecutive record...

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow, followed by the UK CPI on Wednesday, and Japanese inflation...

The stock market hit record highs on Monday, with the Dow, S&P 500, Nasdaq, and Russell 2000 all reaching new peaks. Investors are excited and optimistic about the future of both large multinational companies...

Ferrari N.V., the Italian luxury sports car manufacturer, has provided an update on its share buyback program. The company has purchased additional common shares as part of the Euro 350 million share buyback program,...

In times of market volatility, investors often seek out dividend-paying stocks as a way to generate income and provide stability to their portfolios. With so many options available, it can be challenging to identify...

In December 2023, during a time when the market was anticipating several rate cuts, Apollo Asset Management Co-President Scott Kleinman shared a different perspective. He mentioned that he was against any rate cuts in...

This week, Wall Street experienced a rare midweek holiday with the stock and bond markets closed for the Juneteenth Holiday on Wednesday. The four-day trading week usually means lower volume and added volatility, which...

The Rosen Law Firm, a global investor rights law firm, is currently investigating potential securities claims on behalf of shareholders of Biomea Fusion, Inc. (NASDAQ: BMEA). The investigation stems from allegations that Biomea Fusion...

GameStop shares took a hit on Monday, dropping about 12% following a significant decline of nearly 40% on Friday. This downward spiral was triggered by a disappointing earnings report and an unimpressive livestream from...

Several key topics in the world of finance have been gaining increased attention recently. One such topic is the discrepancies and unusual aspects of the jobs report. The high percentage of jobs created by...

China's financial regulator has recently announced tighter restrictions on short-selling practices in the country. This move is aimed at reducing the potential risks associated with foreign exchange trading, particularly for investors who may not...

The S&P 500 (SPY) had a strong week, reaching the long-awaited target of 5400-412. This prompted a re-assessment rather than a rush to close positions and go short. The positive momentum was supported by...

Keith Gill, also known as Roaring Kitty, has recently shown through a screenshot of his E-Trade portfolio on Reddit that he now holds over 9 million GameStop shares, along with $6 million in cash....

Dividend-paying stocks are a great way for investors to protect their portfolios from market fluctuations while also boosting returns. Choosing the right dividend stocks can be challenging, but Wall Street analysts have identified three...

Shopify's stock saw a boost in trading recently thanks to a positive call from JP Morgan analyst Reginald Smith. Smith gave SHOP stock a Buy rating and set a price target of $74, suggesting...

StubHub, a popular ticket seller, has reported earnings of $350 million in EBITDA for the year ending in March, exceeding expectations as the company gears up for a potential initial public offering (IPO) in...

Gold SWOT: Anglo American to List Anglo-American Platinum in LondonStrengths: - Palladium was the best performing precious metal for the week, showing an increase of 0.56%. Agnico reported operational improvements related to Shaft 4, mining...

Freshworks Inc. Director Johanna Flower recently sold 4,800 shares of the company's Class A common stock, totaling $61,008. The sales took place on June 10, 2024, with prices ranging from $12.58 to $12.82 per...

Stock Market Update: Latest News on Dow, Nvidia, Apple, GameStop, Southwest Airlines, Tesla, AMD, and MoreStocks are showing uncertainty on Monday following a positive jobs report last week that reduced expectations of a Federal...

Tribe Property Technologies Announces Private Placement under the Listed Issuer Financing ExemptionTribe Property Technologies Inc. has announced a private placement offering under the Listed Issuer Financing Exemption (LIFE) for up to $2.5 million. The...

Corsair Capital Management L.P. Trims Holdings in Mirion Technologies, Inc. (NYSE:MIR)Corsair Capital Management L.P. recently reduced its position in Mirion Technologies, Inc. (NYSE:MIR) by 13.5% in the fourth quarter, according to its most recent...

Moderna's Latest Breakthrough in RSV Vaccine Approval Signals Potential Market GrowthModerna, a well-known biotech company that gained prominence during the development of a successful coronavirus vaccine, has recently received positive news that could mark...

Middle East Market Movements: Saudi Arabia SoarsIn a surprising turn of events, Saudi Arabia's benchmark index experienced a significant surge of 2.6%, marking its most substantial intraday rise in nearly a year. This uptick...

Intercontinental Exchange, Inc. (NYSE:ICE) Shares Surge as Campbell & CO Investment Adviser LLC Increases StakeCampbell & CO Investment Adviser LLC has recently boosted its stake in Intercontinental Exchange, Inc. (NYSE:ICE) by 9.8%, as per...

ABM Industries Updates FY24 Earnings GuidanceABM Industries (NYSE:ABM) recently provided an update on its FY24 earnings guidance, revealing an EPS range of $3.40-3.50 for the period. This announcement came on Thursday, and it was...

Samvardhana Motherson International Limited Exceeds Earnings Expectations: Analysts Predict Future GrowthInvestors in Samvardhana Motherson International Limited (NSE:MOTHERSON) celebrated a successful week as the company's shares surged by 7.9% to close at ₹151 after the...