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From the EU and China to the US, nations have started ramping up nuclear power to feed expected generative AI demand. In the US, this is best exemplified by Microsoft Corporation's (NASDAQ:MSFT)...
A week after the Federal Reserve made the first 50 bps rate cut since 2020, the People’s Bank of China (PBOC) followed suit on Wednesday. The central bank lowered interest on one-year medium-term...
Boeing (NYSE:BA) faces mounting pressure as its largest union rejected the company’s “best and final” offer, prolonging a strike that has already lasted nearly two weeks. The labor dispute comes amid...
Following the 50 bps rate cut on September 18th, the Nasdaq Composite (IXIC) is up 1.47%. The technology-oriented index mirrors investor expectations that cheaper capital will aid capital-intensive...
Global markets are reacting to a combination of economic shifts and geopolitical tensions, as gold prices reach unprecedented highs and the U.S. bolsters its military presence in the Middle...
In a day of significant market movements, three major tech stocks are making headlines due to corporate announcements and macroeconomic factors. Tesla (NASDAQ:TSLA), PayPal (NASDAQ:PYPL), and Uber...
Despite the September Effect burden on top of the early August market correction, the US stock market has largely recovered. Ahead of the much-anticipated rate cuts, the Dow Jones Industrial Average...
Just as the interest rate hiking cycle had a suppressive effect on the economy to curb inflation, the upcoming interest rate cuts are viewed as relieving the pressure. Scheduled for 17-18 September,...
Moderna (NASDAQ:MRNA) announced today a significant reduction in its research and development budget, sending shockwaves through the biotech industry and causing its stock to plummet. The company,...
On Wednesday, the memetic gaming retail chain GameStop (NASDAQ: NYSE:GME) dropped by 15%, going from Tuesday’s $23.50 to $19.93 per share. This puts the stock closer to its 52-week average of $17.80...
On Monday, Apple (NASDAQ:AAPL) revealed the next iteration of its bread-and-butter revenue generator: the iPhone 16. Of Apple’s total revenue output in fiscal Q3 2024, iPhone sales made up 46%. To...
Since early August, Palantir Technologies (NYSE:PLTR) pleasantly surprised shareholders with a 26% valuation boost, from $26.95 to the current $34.04 per share. However, this was less surprising for...
Under its subsidiary Paramount Global (NASDAQ:PARA)Pictures, Paramount Global holds an extensive catalog of distributed mega hits, from Titanic and Transformers to Indiana Jones, Shrek, and Top Gun....
Continuing the September Effect tradition, the month started with a market pullback. Over the week, the S&P 500 (SPX) is down 1.65%, while the Nasdaq Composite (IXIC) is down 3.38%. Nvidia...
Priced at $451 per share, Super Micro Computer (NASDAQ:SMCI) stock has fallen into deep discount territory, both against the 52-week ceiling of $1,229 and the 52-week average of $606 per share. The...
Much like exposure to the biotech sector, space stocks are fraught with risk. Although the Earth’s orbit is peppered with ~7,500 active satellites, the launch of each rocket can fail, on top of its...
For nearly a century, September has cast a shadow over Wall Street, earning a reputation as the stock market’s worst-performing month. This phenomenon, dubbed the “September Effect,” has intrigued...