Global financial markets are currently experiencing a significant ripple effect from the trends observed in the United States, with a notable tech-led selloff on Wall Street sending tremors across continents. This interconnectedness has led to a general decline in major Asian indices, while European shares have exhibited a more mixed
The financial markets are currently navigating a complex landscape, shaped by the latest releases of crucial economic indicators. The recently unveiled Federal Open Market Committee (FOMC) meeting minutes, coupled with the most recent figures on Building Permits and Housing Starts, have provided investors with a nuanced, and at times contradictory,
Target Corporation (NYSE: TGT) is navigating turbulent waters, as its shares experienced a significant decline following the announcement of a planned CEO transition and the release of mixed second-quarter fiscal 2025 earnings. The dual news sent shockwaves through the market, with investors reacting cautiously to the internal promotion of a
The artificial intelligence (AI) boom, which propelled tech stocks to unprecedented highs throughout late 2023 and early 2024, is now facing a significant reality check. A growing wave of skepticism regarding the sustainability of the AI frenzy, largely ignited by a recent MIT report highlighting limited returns on generative AI
The financial markets are currently gripped by a palpable unease, with investors and analysts alike holding their breath ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole Symposium. This annual gathering of central bankers, finance ministers, academics, and financial market participants is often a platform
The technology sector is currently experiencing a significant and persistent sell-off, dragging down major market indices like the Nasdaq Composite and S&P 500 for the second consecutive day. This downturn, particularly pronounced around August 19-20, 2025, has instilled a palpable sense of anxiety among investors, who are re-evaluating growth
Wall Street concluded August 20, 2025, with a decidedly mixed performance, reflecting a cautious investor sentiment ahead of key economic indicators and anticipated remarks from Federal Reserve Chair Jerome Powell. While the technology-heavy Nasdaq Composite and the broader S&P 500 experienced declines, the Dow Jones Industrial Average managed to
The financial markets are currently navigating a complex landscape characterized by historically elevated valuations, particularly within the U.S. equity market. While headline indices continue to reach new highs, a closer look reveals that these gains are increasingly concentrated in a select few mega-cap technology and growth stocks. This phenomenon
Netflix movies normally skip the movie theaters, except for some meant for the awards season. A recent Netflix hit is coming to theaters months after its streaming debut.
Looking for the most active S&P500 stocks in today's session? Join us as we dive into the US markets on Wednesday and discover the stocks that are dominating the trading activity and setting the pace for the market.
Shares of online used car dealer Carvana (NYSE: CVNA)
fell 3.8% in the afternoon session after Hertz Global Holdings announced it will begin selling certified used cars on Amazon.com, a move that introduces a significant new competitor into the online vehicle market. The move allows shoppers to browse, finance, and purchase Hertz's pre-owned vehicles through the e-commerce giant's platform, Amazon Autos. This development is viewed as a direct challenge to Carvana's online sales model, raising concerns about increased competition in the digital used car market. Investors appear worried that the partnership between Hertz and Amazon could negatively impact Carvana's sales and market share. Furthermore, the new arrangement could lead to fewer of Hertz's used vehicles being sold through the Carvana platform, directly affecting its inventory and sales channels.
In a dynamic week for the financial markets, two distinct yet equally impactful narratives unfolded, signaling significant shifts in the clean energy and retail sectors. Solar energy companies experienced a robust surge in their stock valuations following the release of less restrictive guidance on clean energy tax credits, injecting a
The financial world is holding its breath as the annual Jackson Hole Economic Symposium unfolds, with all eyes firmly fixed on Federal Reserve Chair Jerome Powell's highly anticipated speech. This gathering of central bankers, finance ministers, academics, and financial market participants is widely regarded as a pivotal moment for global
CFO Akhil Shrivastava said while there were early signs of stabilization in Mainland China, travel retail conversion continues to be weak and challenges persist in the West, including subdued consumer sentiment in the U.S. and Western Europe.
IonQ, Inc. announces major progress in its IP strategy with new U.S. patents, reinforcing its leadership in quantum computing and potential for commercial advantage.
Walmart is putting emphasis on growth of ecommerce sales. Data shows that this push isn't hurting the company's physical stores, suggesting potential market share gains.
