Tag: Commodity/Financial Market News
Treasury yields dip after surge higher following strong data and hawkish Fedspeak
Bond yields dipped slightly early Tuesday having risen sharply in recent sessions as rate-cut expectations were pared. What’s happening The yield on the 2-year Treasury [Read more about this post…]
Chegg says benefits of AI push will ‘take time’ as sales forecast comes up short
Shares of Chegg Inc. slipped after hours on Monday, after the education-technology platform forecast first-quarter sales that were below expectations and said it was “too [Read more about this post…]
L’Occitane shares rise on report of potential Blackstone offer
L’Occitane International’s shares rose sharply after a report that Blackstone is considering a bid for the skincare company. L’Occitane’s shares 973, +8.46% gained 9.4% to [Read more about this post…]
Dow futures slip after 9th record close of 2024
U.S. stock futures slipped Monday, edging backward after megacap corporate earnings led to another round of record highs last week. What’s happening Dow Jones Industrial [Read more about this post…]
Oil prices slide as traders brush off U.S. airstrikes
Oil futures fell early Monday, extending the previous week’s steep decline, as traders looked past a series of retaliatory strikes on Iran-backed militants by a [Read more about this post…]
Powell says economy’s strength allows Fed to be careful about rate cuts
Federal Reserve Chairman Jerome Powell on Sunday said that the strength of the economy allows the Fed to be “careful” in deciding when to cut [Read more about this post…]
Stock investors fear ‘no-landing’ economy could spell trouble. What’s next?.
While the U.S. stock market has been pricing in a “soft-landing” scenario for the economy, a blowout January jobs report, relatively strong corporate earnings, and [Read more about this post…]
Opinion: Salesforce, AMD, other non-Nvidia Big Tech stocks to watch as AI goes mainstream
In 2023, the AI winners and losers were largely defined by how they found ways to make money from the technology. Nvidia NVDA, +4.97% emerged [Read more about this post…]
Paytm troubles send One 97’s stock plunging, prompting analyst’s ‘sell’ call
Shares of One 97 Communications Ltd. continued to plunge after a bank used by the company’s popular Paytm mobile payments service was effectively shutdown by [Read more about this post…]
Why Spectrum parent Charter’s stock just had the worst day in its history
Charter Communications Inc. shares suffered their worst one-day drop on record Friday as the company’s latest earnings illustrated continued pressures in the cable industry. The [Read more about this post…]
