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PPI hits pause in June: cooling services offset rising goods, easing pressure on Fed
Economy

PPI hits pause in June: cooling services offset rising goods, easing pressure on Fed

US PPI data stayed unchanged in June, marking a surprising pause in inflation after a 0.3% rise in May. The latest Producer Price Index (PPI) data from the Bureau of Labor Statistics came in softer than expected, with economists forecasting a 0.2% uptick. The flat reading adds a bit of complexity to the broader inflation […]

  • July 16, 2025 07:57 AM PDT
  • Invezz
GitLab and Atlassian Get Downgrades. AI Competition is a Threat, Analyst Says.
Market Updates

GitLab and Atlassian Get Downgrades. AI Competition is a Threat, Analyst Says.

The AI revolution has shown no signs of slowing down, but two software companies may be trailing behind. Continue Reading View Comments

  • July 16, 2025 07:55 AM PDT
  • EODHD
National Bank of Canada Provides Estimates for Precious Metals Companies Ahead of Q2 Reporting
Market Updates

National Bank of Canada Provides Estimates for Precious Metals Companies Ahead of Q2 Reporting

National Bank of Canada on Tuesday updated estimates across its coverage of precious metals companie PREMIUM Upgrade to read this MT Newswires article and get so much more. A Silver or Gold subscripti...

  • July 16, 2025 07:39 AM PDT
  • EODHD
Citigroup hires two senior JPMorgan bankers to boost investment banking
Market Updates

Citigroup hires two senior JPMorgan bankers to boost investment banking

Investing.com -- Citigroup Inc (NYSE:C). is hiring two senior bankers from JPMorgan Chase & Co. (NYSE:JPM) to strengthen its investment banking division, according to a Bloomberg report on Wednesday....

  • July 16, 2025 07:37 AM PDT
  • EODHD
S&P 500 Movers: LRCX, GPN
Market Updates

S&P 500 Movers: LRCX, GPN

In early trading on Wednesday, shares of Global Payments topped the list of the day's best performing components of the S&P 500 index, trading up 4.4%. Year to date, Global Payments has lost about 27....

  • July 16, 2025 07:31 AM PDT
  • EODHD
HPE Seeks 'Additional Value Creation' After Pact With Activist Investor Elliott
Market Updates

HPE Seeks 'Additional Value Creation' After Pact With Activist Investor Elliott

Ian Maule / Bloomberg via Getty Images HPE has worked out an agreement with activist investor Elliott. Server maker Hewlett Packard Enterprise has created a committee aimed at identifying "opportuniti...

  • July 16, 2025 07:29 AM PDT
  • EODHD
Dow Movers: AMZN, JNJ
Market Updates

Dow Movers: AMZN, JNJ

In early trading on Wednesday, shares of Johnson & Johnson topped the list of the day's best performing Dow Jones Industrial Average components, trading up 4.3%. Year to date, Johnson & Johnson regist...

  • July 16, 2025 07:23 AM PDT
  • EODHD
Aster launches 24/7 stock perpetual contracts trading with exposure to US equities
Press Release

Aster launches 24/7 stock perpetual contracts trading with exposure to US equities

Mahé, Seychelles, 16th July 2025, Chainwire

  • July 16, 2025 07:22 AM PDT
  • Invezz
Dow's J&J Surges; Why Its Report Is Also Bullish For Stryker, Medtronic, Boston Scientific
Market Updates

Dow's J&J Surges; Why Its Report Is Also Bullish For Stryker, Medtronic, Boston Scientific

Johnson & Johnson stock jumped Wednesday after the Dow health behemoth raised its guidance in the wake of a bullish second-quarter report. Continue Reading View Comments

  • July 16, 2025 07:15 AM PDT
  • EODHD
Goldman Sachs Profit Surges on Higher Trading Revenue
Market Updates

Goldman Sachs Profit Surges on Higher Trading Revenue

The bank led a broad surge in trading revenue across Wall Street in the second quarter, fueled by the market volatility set off by President Trump’s tariffs. Continue Reading View Comments

  • July 16, 2025 07:04 AM PDT
  • EODHD
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