U.S. Stock Futures Rise as Inflation Hits a Two-Year Low
U.S. stock futures are showing gains as data is anticipated to reveal that U.S. inflation has reached its lowest level in over two years. How Stock-Index Futures are Performing S&P…
Quadrennial Labor Negotiations: What Investors Need to Know
Labor negotiations between U.S. auto makers and the United Auto Workers (UAW) are set to begin this week, creating uncertainty for investors. Understanding the impact of these negotiations, new deals,…
The Limits of Trickle-Down Economics
In an address to the Economic Club of New York, Lael Brainard, the director of the National Economic Council and President Biden's top economic adviser, expressed her belief that the…
Bob Iger’s Tenure at Disney Extended for Multiple Seasons
Disney announced on Wednesday that the board has decided to extend Bob Iger's contract as chief executive officer until December 2026. The board unanimously lauded Iger's "successful leadership record and…
Pharmaniaga Secures New Medical Supply Contract
Pharmaniaga Bhd., a pharmaceutical company in Malaysia, experienced a surge in its shares following the announcement of a new medical supply contract with the Malaysian government. The company's shares rose…
Corero Network Security Expects Increased Earnings and Revenue in H1 2023
Corero Network Security, a leading network security company, has announced that it anticipates a significant boost in adjusted earnings and revenue for the first half of 2023. The company is…
3D Systems Increases Acquisition Offer for Stratasys
3D Systems has announced an increased offer to acquire Stratasys after a rival bidder, Nano Dimension, raised its offering for the company. The new offer from 3D Systems values Stratasys…
Rockwell Medical Acquires Hemodialysis Concentrates Business
Rockwell Medical's shares experienced a sharp decline of 18% to $4.80 on Thursday following the announcement of its acquisition of Evoqua Water Technologies' hemodialysis concentrates business. The deal was sealed…
Leslie’s Inc. Faces Stock Drop and Lowers Outlook for the Year
The spa and pool supplies retailer, Leslie's Inc., experienced a significant setback as its preliminary quarterly results failed to meet Wall Street expectations. As a result, the company's shares plunged…
Market Update – Stocks and Commodities Show Mixed Performance
In the U.S., futures for the S&P 500 dipped by 0.1%, while futures for the Dow Jones Industrial Average experienced a 0.2% decrease. However, it is important to note that…
Imported Goods Prices Continue to Decline in the U.S.
In June, the prices of imported goods to the United States experienced a further decrease, marking the fifth consecutive month of declines for the first half of 2023. This comes…
Wall Street Anticipates a Boost in Deal Activity
Investment firms such as Apollo Global Management (APO) are experiencing a surge in stock prices, indicating Wall Street's optimism for increased deal making opportunities. Despite the current sluggish climate for…