Daily Stock Movers
Stock Gainers Paramount Global (PARA): The stock rose 3% after the Writers Guild of America announced a tentative deal to end the screenwriters strike. Netflix (NFLX): Shares rose 1% following…
Tesla Stock Slides Amid UAW Strike and Plans for Battery Factory in India
Shares of Tesla Inc. have experienced a four-day losing streak as the anticipated support from the United Auto Workers (UAW) strike failed to materialize. Furthermore, recent reports suggest that the…
Peloton’s Stock Hits New Record-Low as UBS Slashes Price Target
Investors in Peloton Interactive Inc. faced another blow on Monday, as UBS cut its price target in half due to concerns over the company's subscription outlook. The at-home fitness company…
Citi’s List of Large-Cap Growth Stocks
Citi, a prominent financial institution, has recently released a list of 20 large-cap growth stocks that are poised to offer opportunities in the event of a market pullback. According to…
First Citizens BancShares Acquisition and Promising Prospects
When a company acquires another, especially one that is facing difficulties, it is common for the acquiring business' stock price to drop. However, First Citizens BancShares defied this trend when…
PC Monitor Shipments Decline During Pandemic Aftermath
According to a report by IDC, global shipments of PC monitors experienced a significant decline of 17.1% year over year during the second quarter. This drop reflects a decrease in…
Stock Market Update: Banks and Financial Institutions See Positive Momentum
In recent trading sessions, there has been a notable shift in sentiment towards the banking and financial sector, leading to a rise in the shares of various institutions. This development…
Ford Motor Pauses $3.5 Billion Battery Plant Construction
Ford Motor has hit the pause button on the construction of a $3.5 billion battery plant in Michigan, which was set to utilize technology licensed from Chinese battery maker Contemporary…
Card Factory reports strong profit growth in H1 FY2024
Card Factory, the U.K. retailer specializing in greeting cards and related products, has announced a significant increase in pretax profit for the first half of fiscal year 2024. The company…
Market Update
In the United States, the futures for the S&P 500 were down by 0.7% and futures for the Dow Jones Industrial Average fell by 0.6%. It's important to note that…
Videndum Shares Plunge 29% as Dividend Payouts Paused
By Najat Kantouar Shares of Videndum, a renowned manufacturer of hardware and software for the film industry, experienced a significant setback, tumbling by 29% during early trading. The company attributed…
President Biden and Former President Trump Show Support for Striking Auto Workers in Michigan
President Joe Biden and former President Donald Trump are making their way to Michigan to show support for the United Auto Workers (UAW) who are currently on strike. While President…