
Opendoor shares drop 5.2% following Citigroup's price target reduction
Opendoor (NASDAQ:OPEN) Technologies, the notable fintech company, saw a significant 5.2% decline in share value on Monday. The drop is largely due to Citigroup (NYSE:C)'s decision to lower its price t
- September 26, 2023 06:44 AM AEST
- Investing

Wall Street Revises Rules to Speed Up Options Trading on New Ipos
Leading Wall Street exchanges have expedited investor access to options trading for newly listed companies, a development that took place quietly over the summer. The revision has shortened the post-I
- September 26, 2023 06:44 AM AEST
- Investing

Apple’s iPhone 15 Pro Models Feature New Design, Yet Score Low on Repairability
Apple (NASDAQ:AAPL)'s latest iPhone 15 Pro and iPhone 15 Pro Max, which went on sale last Friday, feature a new frame design that potentially simplifies the process of screen repairs or battery swaps.
- September 26, 2023 06:40 AM AEST
- Investing

Morgan Stanley CIO Identifies Risks to Consumer-Oriented Stocks
Monday saw Mike Wilson, the Chief Investment Officer of Morgan Stanley (NYSE:MS), highlighting a series of potential threats to consumer-oriented stocks. Factors such as dwindling consumer spending an
- September 26, 2023 06:40 AM AEST
- Investing

Alcoa Corp. stock hits multiyear low amid leadership change
Alcoa (NYSE:AA) Corp., a leading aluminum producer, saw its shares drop to a multiyear low on Monday, following the announcement of a leadership change within the company. The stock fell by 5.1% in mo
- September 26, 2023 06:38 AM AEST
- Investing

Sealed Air projected to rebound in 2024 after challenging year: Citi
Sealed Air (NYSE:SEE), the corporation recognized for its production of Bubble Wrap, Cryovac, and Liquibox, is expected to witness a surge in earnings in 2024, as per analysts at Citi. This projection
- September 26, 2023 06:38 AM AEST
- Investing

Inflation Target Challenges Persist for Federal Reserve Amidst Rising Car and Energy Costs
The Federal Reserve's ongoing struggle to reach its target inflation rate of 2% has been further complicated by escalating car prices and rising energy costs, as reported on Monday. The current econom
- September 26, 2023 06:38 AM AEST
- Investing

Stock Market Today: Dow in late dash higher as Amazon climb helps tech shake funk
Investing.com -- The Dow made a late dash higher to eked out a gain Monday, as an Amazon (NASDAQ:AMZN) fueled rise in tech and a jump in energy stocks helped stocks wriggle away from the squeeze deliv
- September 26, 2023 06:30 AM AEST
- Investing

Eurozone bond market reacts to ECB's high-interest rate stance
The European Central Bank's (ECB) decision to maintain high interest rates for an extended period has led to a rapid sell-off of German 10-year government securities, pushing their yield to the highes
- September 26, 2023 06:26 AM AEST
- Investing

US stock indices recover as several companies witness share price gains
On Monday, major U.S. stock indices ended the trading session near their peak, despite a rise in the country's yields. The ten-year yield experienced an increase of about 11 basis points, while the th
- September 26, 2023 06:26 AM AEST
- Investing