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Opendoor shares drop 5.2% following Citigroup's price target reduction
Stock Market

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

Wall Street Revises Rules to Speed Up Options Trading on New Ipos
Stock Market

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

Apple’s iPhone 15 Pro Models Feature New Design, Yet Score Low on Repairability
Stock Market

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.

Morgan Stanley CIO Identifies Risks to Consumer-Oriented Stocks
Stock Market

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

Alcoa Corp. stock hits multiyear low amid leadership change
Stock Market

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

Sealed Air projected to rebound in 2024 after challenging year: Citi
Stock Market

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

Inflation Target Challenges Persist for Federal Reserve Amidst Rising Car and Energy Costs
Stock Market

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

Stock Market Today: Dow in late dash higher as Amazon climb helps tech shake funk
Stock Market

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

Eurozone bond market reacts to ECB's high-interest rate stance
Stock Market

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

US stock indices recover as several companies witness share price gains
Stock Market

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

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