Celestica stock analysis: Will the sell-off continue?
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the…
Why a hawkish Fed isn’t scaring Wall Street
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts.Several major financial institutions have recently pushed back their forecasts for monetary easing,…
Nuclear stocks to own as AI demand drives power boom
Nuclear energy is emerging as a long-term investment theme as artificial intelligence-driven electricity demand accelerates global power needs. While nuclear projects typically take years or even decades to develop due…
Celestica stock analysis: Will the sell-off continue?
Celestica stock price has slumped in the past few weeks, falling from the all-time high of $655 in June to the current $524. This retreat continued today, even after the…
Charles Schwab expands into prediction markets with S&P 500 bets
Charles Schwab Corporation partnered with Cboe Global Markets to introduce binary options tied to the performance of the S&P 500, marking its entry into the rapidly growing prediction markets segment.According…
Why Diageo, Heineken and Anheuser-Busch are battling falling alcohol demand
Alcohol companies have had fewer reasons to say “cheers” in recent years.Volumes have been falling, and the entire business model is undergoing a structural shakeup as younger people drink less. The…
Why a hawkish Fed isn’t scaring Wall Street
US stocks are showing surprising resilience as Wall Street increasingly abandons expectations for near-term Federal Reserve rate cuts.Several major financial institutions have recently pushed back their forecasts for monetary easing,…
Palantir stock slips below a crucial technical price: here’s why
Palantir stock is sitting at a crucial support level that may determine its forward trajectory. It is trading at $126.90 today, June 18, down modestly from this month’s high of…
UK retail sales beat forecasts with 1.2% rise in May
British retail sales rebounded more strongly than expected in May, supported by favourable weather conditions and promotional activity by retailers, according to official data released on Friday.The figures come despite…
Micron earnings to test AI chip demand as investors eye market rally
Investors are turning their attention to Micron Technology’s upcoming earnings report for clues on whether the artificial intelligence-driven rally in the US stocks can sustain its momentum.While major US stock…