Stock Futures Retreat as S&P 500 Takes a Pause
Stock futures experienced a downward trend on Thursday, eroding some of the gains achieved in the previous session, during which the S&P 500 recorded its strongest performance in almost three…
Secura Air Fryers Recalled Due to Fire and Burn Risk
A recent recall has been issued for approximately 6,400 Secura air fryers sold on various websites, including Amazon. The U.S. Consumer Product Safety Commission warns that these air fryers, which…
NuScale Power Announces Partnership with Standard Power for SMR Facilities
NuScale Power, a leading provider of small modular reactor (SMR) technology, saw a significant increase in its stock price, rising 20% to $5.60, following an announcement of a new partnership.…
Amazon.com Launching Satellites for New Space Wi-Fi Business
Amazon.com is venturing into space, not for package delivery to the moon, but to provide Wi-Fi access to Earthlings and compete with Elon Musk's SpaceX. The company is preparing to…
Tenaya Therapeutics Reports Positive Results for TN-201 Gene Therapy
Tenaya Therapeutics saw a significant boost in its shares, with a 16% increase to $2.55, following the announcement that the first patient has been treated with TN-201 gene therapy for…
Consumer Staple Stocks Falter Amidst Concerns about Weight-Loss Drug Purchases
Consumer staple stocks experienced another setback on Friday, further extending their losses following Walmart's warning regarding a decline in food purchases from customers taking weight-loss drugs. According to John Furner,…
U.S. Stock Indexes Finish Volatile Week in Green
The U.S. stock indexes ended the week on a positive note, despite a turbulent trading period, as investors speculated on whether a surge in job creation last month could lead…
Heavy Rainfall Hinders Drying of Cocoa Beans in Nigeria’s Southwest
Concerns Rise Over Mold and Black Pod Disease in the Cocoa Industry IBADAN, Nigeria - Heavy rainfall in Nigeria's southwest over the past three weeks has posed challenges for the…
Revenue and Margins on the Rise for Wayfair
The upward trajectory for revenue and margins at Wayfair is still in progress, according to a recent report by Bernstein analysts led by Nikhil Devnani. In their report titled "Sofa,…
Reevaluating Arm Holdings: Caution advised before investing in chip-design stock
Arm Holdings, the chip-design company, made a sensational entry into the New York market during its initial public offering. However, industry analysts at Susquehanna Financial Group suggest caution before jumping…
Stock Gainers
Faraday Future Intelligent Electric Inc. (FFIE) Faraday Future Intelligent Electric Inc. stock climbed 6.8% after executives at the electric-mobility ecosystems group said that several top executives, including incoming Chief Executive…
U.S. Stocks Experience Mixed Results in 2023
The latest data from Bespoke Investment Group reveals that while U.S. stocks have generally performed well this year, the S&P 500 index has encountered some challenges. As of now, the…