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Dow Jones Futures Rise As Micron Jumps On Earnings, Lifting Sandisk, AI Stocks; Fed Inflation Data Due
Micron surged overnight on strong earnings and guidance, lifting other memory and chip plays. The Fe...
US Equity Markets Mixed as Crude Oil Prices, Government Bond Yields Fall
US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yie...
US banks would lose $700bn in economic crash, Fed stress tests find
Country’s 32 biggest lenders all receive passing grades...
The RealReal sinks despite Q1 revenue beat and 24% GMV growth
Gloom deepens for consumers in early May due to high gas prices
Consumer sentiment hit a record low in May, the University of Michigan said, with the lowest reading among Republicans since President Donald Trump’s 2024 election.
USD: Fed focus shifts to inflation path – TD Securities
TD Securities’ FX strategists Jayati Bharadwaj and Howard Du note that stronger United States (US) payrolls produced only a modest reaction in the US Dollar (USD), as markets focus more on inflation t ...
Which Is the Better Tech ETF, Fidelity's FTEC or State Street's XLK?
One ETF offers nearly four times the number of tech holdings, while the other leads in five-year growth and resilience. Compare their structures and performance.
Why Microsoft Stock Soared 10.2% Higher Last Month and Has Kept Rallying in May
Despite recent gains, Microsoft's stock has still seen a double-digit pullback this year.
Pound Sterling Price News and Forecast: GBP outperforms its peers amid risk-on mood
The Pound Sterling (GBP) trades higher against its major currency peers, is up 0.43% around 1.3610 against the US Dollar (USD), during the European trading session on Friday.
Rocket Lab Stock Soars After Earnings Beat. The Space Race Is On.
Rocket Lab stock continued its journey to the moon after strong results and a bevy of impressive business announcements. A year ago, Rocket Lab reported a gross profit of $35.2 million from sales of ...
EUR/USD strengthens as mixed US labor data and hopes for a US-Iran deal pressure the Greenback.
The Euro (EUR) strengthens against the US Dollar (USD) on Friday as the Greenback remains under pressure following mixed US labor market data. At the time of writing, EUR/USD is trading around 1.1777, ...
Iran Seizes Sanctioned Oil Tanker in Gulf of Oman
The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests of the Iranian nation." Tasnim did not elaborate o ...
USD: Hiring recovery supports steady Fed – Commerzbank
Commerzbank’s Bernd Weidensteiner notes that United States (US) employment rose by 115,000 in April, beating expectations and signaling a recovery after prior weakness. The six‑month average of job ga ...
Block Stock Soars After Earnings. How Dorsey’s Vast Job Cuts Are Working Out.
Shares rise after the fintech company’s results signal to investors that it is chugging along just fine despite mass layoffs.
RBC Capital raises S&P 500 year-end target to 7,900 as it sees more upside ahead