US stocks were poised to resume their rally on Thursday, as upbeat Meta (META) results put earnings center stage again after the Federal Reserve boosted hopes for a September rate cut.Futures on the S&P 500 (ES=F) and the tech-heavy Nasdaq...
Pfizer (NYSE: PFE) has been a nightmare for many investors in recent years. At one point earlier this year, the big pharma stock was nearly 60% below its peak set in late 2021.However, the narrative for Pfizer appears to be...
Between disappointing quarterly results, lowered guidance, and a handful of recent downgrades, Ulta Beauty (NASDAQ: ULTA) isn't exactly an exciting investment prospect at this time. Shares have fallen 33% from their February high to a two-year low, in fact, specifically...
Rolls-Royce roars back to life after pandemic crisisRolls-Royce has brought back its dividend as the engineering titan roars back from its pandemic-era crisis.Tufan Erginbilgic, who took charge in January last year, said shareholders would receive a payout for the current...
(Reuters) - Chip-making tools supplier Lam Research (LRCX) forecast September quarter revenue above Wall Street estimates on Wednesday, anticipating a surge in orders from chip firms amid the AI boom.The surge in demand for AI-powered chips has increased the need...
Bitcoin currencyGrayscale Investments’ Bitcoin Mini Trust began trading Wednesday with an expense ratio of 0.15%, offering a lower-cost option for bitcoin exposure in the market.The Mini Trust, which has the ticker BTC and is trading on the NYSE Arca, is...
(Bloomberg) -- Bitcoin missed out on a cross-asset rally stoked by dovish Federal Reserve comments as a tightening US election race casts doubt on whether Donald Trump will get the chance to implement his pro-crypto agenda.Most Read from BloombergThe digital...
By Dawn Chmielewski(Reuters) - Parties involved in evaluating offers for Paramount Global have raised questions about the legitimacy of Apex Capital Trust's bid for the company, one source familiar with the matter told Reuters.Apex issued a press release Wednesday, claiming...
Annabelle Chih/Bloomberg via Getty ImagesArm Holdings (ARM) shares gave back Wednesday's gains in after-hours trading, dropping even as the chip-design company reported fiscal first-quarter earnings that were higher than expected.The shares were recently down more than 12% after gaining more...
S&P 500 nuclear power providers Constellation Energy (CEG) and Vistra (VST) surged higher early Wednesday after PJM Interconnection's, the largest U.S. electrical grid operator, announced prices jumped more than 800% at its annual power market auction. ↑ X NOW PLAYING...
