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Top Midday Stories: Consumer Prices Rise 3.4% YoY in July; CoreWeave Q2 Loss Narrower Than Expectations
The S&P 500 Index and Nasdaq Composite were up slightly, while the Dow Jones Industrial Average was...
Trump Puts 81 Million Gulf Acres Up for Oil and Gas Auction
The Trump administration will put oil and gas leases covering more than 81 million acres in the Gulf...
Japanese Yen pares gains against US Dollar as markets digest US CPI
The Japanese Yen trims its gains against the US Dollar (USD) on Wednesday as in-line US CPI data fai...
Uncertainty over revenue growth declines in May, but uncertainty over employment rises: Atlanta Fed
This Biotech Stock Is Stuck in the Red. Its Cancer Portfolio Is About to Change the Narrative.
BioNTech’s future rests entirely on the success of its pipeline, now that its pandemic-era glory days are firmly in the rearview mirror. Wall Street is betting the company’s next act in oncology wil ...
Peabody Energy (BTU): Buy, Sell, or Hold Post Q1 Earnings?
Peabody Energy has been treading water for the past six months, recording a small loss of 4.1% while holding steady at $26.11. The stock also fell short of the S&P 500’s 9.1% gain during that period.
Sandisk Stock’s 4,000% Rise Is Happening Too Fast to Keep Up With
Barclays upgrades Sandisk stock to Overweight from Equal Weight and lifts its price target to $2,300 from $1,200 in a research note.
Aluminum Market Facing ‘Serious and Prolonged Supply Outage’
The war in Iran and the accompanying shipping bottleneck are triggering a historic crisis in the aluminum market, with potentially devastating knock-on effects across sectors that depend on the base m ...
The SpaceX Halo Effect: What’s Next For Sky-High Redwire Stock?
Redwire (RDW) presents a complex setup right now. The stock is caught between explosive top-line growth fueled by real defense hardware demand and significant profitability challenges. Following its r ...
Ulta Beauty partners with DC Studios for Supergirl campaign
Euro: War resolution supports upside – Commerzbank
Commerzbank’s Antje Praefcke expects the European Central Bank (ECB) to raise rates in June, largely as a symbolic move, with markets already pricing this in.
Securitisation could help plug Europe’s funding gap
Deeper capital markets are essential to the continent’s growth
Retail rejoices: Restaurant stocks, leisure names, and e-commerce players rally
Marvell’s stock has soared ahead of earnings. Why analysts say it’s still ‘underestimated.’
The company’s leadership in optical connectivity and the ramp-up of custom chips should deliver a strong quarter, according to analysts.
Australian Dollar: Gains versus NZD at risk as hawkish RBNZ – Rabobank
Rabobank's Senior FX Strategist Jane Foley notes that AUD/NZD has pulled back sharply after hitting its highest level since 2013, putting the year-long uptrend at risk.