Stock market

Wall Street Rises Despite Oil's Sharp Decline

Headlines,U.S. stocks rose on Thursday, with Micron Technology and Jabil leading the gains.,Exxon Mobil and other oil companies limited the market’s overall progress due to falling oil prices.,China’s economic stimulus fueled optimism in global marke...

U.S. Stocks Rise as Global Markets Rally; Oil Declines Curb Gains

Headlines,U.S. stocks saw a rise, with the S&P 500 and Dow Jones climbing, driven by solid performances in technology and financial markets.,Micron Technology and Jabil surged, supported by advancements in AI and strong quarterly results.,Declines in...

Nio stock poised for 42% gain on ONVO sales momentum

Nio Inc (NYSE: NIO) opened more than 10% up on Thursday after a JPMorgan analyst issued a super bullish note in its favour. Nick Lai now sees upside in the EV stock to $8.0. Lai attributed his constructive view primarily to the company’s mass-market...

UEEx introduces new policies to protect users from market volatility

UEEx, a leading global digital asset trading platform, has unveiled new policies aimed at protecting users from abnormal market volatility and enhancing asset security. The measures, announced on Tuesday, include a compensation mechanism for users af...

Long VALE: strong support at $11 signals potential bullish breakout with upside momentum ahead

Oil prices keep dropping: Saudi Arabia shifts away from $100 target as it aims to reclaim market dominance

Oil prices are back in the spotlight, perhaps for not the best reasons. Saudi Arabia, the world’s largest crude oil exporter, is set to increase production in December, abandoning its previously pursued $100 per barrel price target. This decision cou...

Did regulatory pressure trigger Silvergate Bank’s downfall? New report weighs in

Silvergate Bank, once a key financial institution for the cryptocurrency sector, has become a cautionary tale of how regulatory pressure may have contributed to its downfall. In a new report published on September 25, Nic Carter, a well-known industr...

Power Solutions stock has surged; is a harsh reversal coming?

Power Solutions (PSIX) stock price has gone parabolic this year, turning the former penny stock into one of the best-performing companies in Wall Street. It started the year trading at $1.6 and has jumped by over 1,000% to the current $20.  It h...

Cotton Moves Lower Amid Market Pressures

Headlines,Cotton futures experienced a midday decline, falling by 50 to 60 points.,External market influences like the stronger dollar and falling crude oil prices added pressure to cotton prices.,The USDA raised the Adjusted World Price (AWP) for co...

Mixed Performance in Hog Trade Continues on Wednesday

Headlines,Lean hog futures showed mixed activity, with contracts fluctuating between slight gains and losses.,National average hog prices saw a modest increase, while the CME Lean Hog Index dropped slightly.,Pork cutout values rose, driven by gains i...

What’s Happening with PPG?

Headlines,PPG Industries trades around $125 per share, down 25% from its 2021 peak.,The stock lags behind competitors like Sherwin-Williams, which has gained 40% in the same period.,PPG’s performance is affected by weak demand in Europe and a slower-...

SK Hynix shares up 9% as it begins mass production of advanced AI memory chips

SK Hynix shares soared more than 9% on Thursday following the company’s announcement of a breakthrough in high-bandwidth memory (HBM) chip technology. The South Korean tech giant revealed it has started mass production of the world’s first 12-layer v...

Coca-Cola (NYSE) Sees Minor Trading Increase

Headlines,Coca-Cola's share price increased by 0.1% to $71.41 during Wednesday's trading session.,Multiple analysts have revised their target prices for Coca-Cola, with most showing a positive outlook.,The stock maintains a consensus rating of Modera...

Fresh Challenges Surface for Boeing

Headlines,Boeing faces renewed scrutiny as recent FAA reports align with whistleblower claims.,The aerospace giant's stock experiences a notable decline amid ongoing turbulence.,Investors remain watchful as Boeing navigates through these latest devel...

Stock Market Stalls Near Record Highs

Headlines,U.S. stocks remained near record highs, with modest movement across major indices.,Treasury yields climbed slightly, while concerns about consumer confidence in the U.S. economy arose.,Global markets showed mixed performance, with attention...

Morgan Stanley downgrades GM, Ford, and Rivian amid Chinese competition and market pressures

Morgan Stanley revised its outlook on the US auto industry, lowering its assessment from ‘Attractive’ to ‘In-Line’, and downgraded major US automakers including General Motors, Ford, and Rivian as part of the exercise. This ad...

Ex-Goldman Sachs banker launches Propelle to close £550 billion gender investment gap

Ayesha Ofori, a former wealth advisor at Goldman Sachs, is taking significant steps to address the gender investment gap in the United Kingdom, which currently stands at a staggering £567 billion ($759 billion). On Wednesday, she unveiled Propelle, a...

Southwest Airlines announces major cost cuts: is it time to buy LUV?

Southwest Airlines Co (NYSE: LUV) is in focus this morning after announcing plans of shrinking its service to and from Atlanta. The move will enable the air carrier to lower costs as it cuts as many as 200 flight attendants and 140 pilots in the capi...

Orange Cancels US Listing, Diverging from Tech Industry Trends

Highlights,Voluntary Delisting Decision: French telecom operator Orange has announced its plan to voluntarily delist from the New York Stock Exchange (NYSE) due to the high costs associated with maintaining its secondary listing.,Board Consideration:...

Dow Jones Positioned for Further Gains After Recent Record in Mixed Market Opening on Wall Street

Highlights,Record-Breaking Momentum: The Dow Jones Industrial Average closed at a record high of 42,208 on Tuesday, with futures indicating a further increase ahead of Wednesday's trading.,Mixed Signals from Other Indices: While the Nasdaq and S&P 50...