SpaceX eyes June 12 IPO debut on Nasdaq: report
Elon Musk’s rocket and satellite maker SpaceX is preparing for one of the most closely watched stock market debuts in recent years, with the company targeting an initial public offering…
Why Salesforce stock is surging today?
Shares of Salesforce (CRM) moved higher Friday as investors reacted positively to the company’s expanding artificial intelligence strategy, stronger financial performance, and a newly announced US Air Force contract that…
Dow slides 537 points as rising oil prices rattle AI-fueled rally
US stocks fell sharply on Friday as rising Treasury yields, surging oil prices, and fading enthusiasm surrounding artificial intelligence stocks pressured markets following weeks of record-setting gains.The Dow Jones Industrial…
Experts explain why India’s capital market stocks have outshined the broader market
Indian capital market stocks have emerged as one of the strongest-performing pockets of the market over the past year.The muted benchmark index performance has done nothing to limit the rally. At…
Dow slides 400 points as rising yields and oil prices hit tech stocks
US stocks fell sharply on Friday as rising Treasury yields, persistent inflation concerns, and escalating energy prices pressured markets following another record-setting session for major indexes.The Dow Jones Industrial Average…
Why Nvidia stock is crashing around 4% on Friday
Shares of Nvidia (NVDA) fell sharply on Friday, pulling back after an explosive rally that had pushed the chipmaker close to another record valuation milestone.The stock dropped around 4% to…
Tesla stock plunges 4% after Musk’s China visit: here’s why
Shares of Tesla (TSLA) dropped roughly 4% on Friday after high expectations surrounding US-China talks failed to deliver a major breakthrough for the company’s autonomous driving ambitions.The stock fell to…
Cisco stock outperforms broader market: why this analyst thinks it can go higher
Shares of Cisco Systems (CSCO) rose Friday, outperforming the broader market, after HSBC upgraded the networking giant and sharply increased its price target following the company’s stronger-than-expected fiscal third-quarter earnings…
Starbucks stock hits 52-week high: Why this analyst is bullish
Shares of Starbucks (SBUX) climbed to a new 52-week high on Thursday after TD Cowen upgraded the coffee chain, citing confidence that the company’s turnaround strategy and operational changes could…
US retail sales show resilience despite cost pressures, ING warns of risks
US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of consumers to…