font size The tie-up between Cleveland Cliffs and US Steel should raise concerns about market concentration. Jean-Christophe Verhagen/AFP via Getty Images fight for United States Steel It has already taken a number of unexpected twists and turns. Investors got another one. Thursday, mainly United Steelworkers Supported try before Cleveland Cliffs (Stock ticker: CLF) to acquire … Read more
font size Wall Street is starting to wonder if the current environment is as good as it is for Derry. Justin Sullivan/Getty Images monastery It shattered Wall Street’s earnings estimates more Financial guidance for the fiscal year. However, the stock decreased. The current results have been impressive, but investors are worried about whether the current … Read more
font size Kenvue controls brands like Listerine, Band-Aid, and Tylenol. Justin Sullivan/Getty Images A key figure in Johnson Johnson’s $40 billion exchange bid Kinfu It will be the percentage, or percentage of J&J stock that has been exchanged for Kenvue stock. the Johnson & Johnson (ticker: JNJ) exchange offerunveiled on July 24, It is set … Read more
font size Expectations are high ahead of Nvidia’s earnings on Wednesday. Dream time nvidia ‘s Next week’s second quarter earnings are highly anticipated, to say the least. Wedbush analyst Matt Bryson thinks the chipmaker will report another batch of blowout results, but said the amount of outperformance may not be significant. The analyst said he … Read more
font size Tesla stock tends to rise faster than the Nasdaq when the index is up, but it falls faster when the benchmark is down. Philip Lopez/AFP via Getty Images EV stock leader Tesla They took a beating over the past two weeks, for reasons related to both the company and what’s happening in the … Read more
font size Farfetch had revenue in the second quarter of $572.1 million, while Wall Street expected $648.7 million. Dream time shares farfetch It was falling after the luxury fashion e-commerce company reported mixed results and cut its forecast for the value of orders processed. Following its second-quarter report, released Thursday, KeyBanc Capital Markets analysts downgraded … Read more
Stock futures pointed to more losses on Wall Street on Friday in what is shaping up to be the worst week in August for major indexes. Futures on the Dow Jones Industrial Average (^DJI) were down around 0.4%, while futures on the S&P 500 Index (^GSPC) were down around the same amount. The tech-heavy Nasdaq … Read more
While the summer months have proven less lucrative for stock market participants, the general trend this year has been up. The rise is primarily due to the hype surrounding artificial intelligence, with many cultural commentators speculating that the impact of this technology could be as great as that of the industrial revolution. But not all … Read more
(Bloomberg) — Around the world, bond traders are finally beginning to realize that the rock bottom yields of recent history may be gone forever. Most Read from Bloomberg A surprisingly resilient US economy, ballooning debt and deficits, and mounting fears that the Federal Reserve will keep interest rates high are pushing yields on the longest-running … Read more
font size Applied Materials’ fiscal third-quarter earnings beat analyst expectations. Dream time Stock futures were falling on Friday after Standard & Poor’s 500 Third consecutive losing session. Treasury yields stalled on Friday after the 10-year note closed at its highest level since 2007. These stocks were poised to make moves on Friday: Fiscal Third Quarter … Read more