Global Market Update
U.S. Futures S&P 500: FlatDow Jones Industrial Average: Flat Changes in futures do not necessarily predict movements after the opening bell. Europe In morning trading, the Stoxx Europe 600 climbed…
Nvidia Market Cap Milestone
Nvidia has achieved a significant milestone in the market as its market capitalization crossed the $2 trillion mark on Friday. This achievement positions Nvidia to potentially become the third U.S.…
Macy’s Inc. Takeover Bid
Macy’s Inc. Receives Sweetened Takeover Bid Macy’s Inc.’s shares climbed 15.4% on Monday, following an increased takeover bid from investor group Arkhouse Management and Brigade Capital. The new bid now…
Sherwin-Williams Exceeds Expectations with Strong Quarter
Sherwin-Williams (SHW), the renowned paint company, has reported better-than-expected financial results for the third quarter, leading to a rise in the company's stock. Despite the ongoing challenges faced by the…
T-Mobile Beats Estimates and Raises Full-Year Forecast
T-Mobile stock saw a boost early Wednesday following better-than-expected earnings and an upward revision to its full-year free cash flow forecast. Q3 Earnings Report For the third quarter that ended…
Financial-Tech Companies Experience Stock Decline Following Profit Warning
Shares of financial-technology companies took a hit on Wednesday after European payments provider, Worldline SA, issued a bleak profit warning. However, one analyst believes that Wall Street might be overreacting.…
Verve Therapeutics Expands Collaboration with Eli Lilly
Verve Therapeutics has witnessed a significant boost in its shares, rising by 24% to $11.69, following an expansion of its partnership with pharmaceutical giant Eli Lilly. This development comes after…
Real Estate Stocks Plummet as Jury Ruling Threatens Commission System
Shares of real-estate companies experienced a sharp decline on Tuesday after a Missouri jury made a ruling that could potentially disrupt the way people purchase homes. The jury found that…
Wall Street Optimistic About Uber’s Third-Quarter Earnings
Wall Street is buzzing with anticipation as Uber Technologies prepares to release its third-quarter earnings report. Analysts at KeyBanc Capital Markets, led by Justin Patterson, have upgraded Uber to Overweight…
Citi Upgrades HP Inc. Stock
Citi recently upgraded HP Inc. stock, joining BofA Securities in their positive outlook for the company's sales of personal computers and free cash flow. Asiya Merchant, an analyst at Citi,…
Anticipating Interest-Rate Cuts: Potential Boost for Stock Market
Markets may still be oblivious, but major banks are already bracing themselves for imminent interest-rate cuts. These financial institutions envision a scenario that could have a significant positive impact on…
JD.com Beats Expectations in Q3
JD.com, the Chinese e-commerce giant, has surpassed analysts' expectations in the third quarter of 2023. Despite a slowdown in China's economy, JD.com's focus on price competitiveness and operational efficiency has…