#nyse

MARKET PERFORMANCE: All major indexes closed slightly higher on Tuesday, with the S&P 500 and Nasdaq Composite each gaining 0.16%, and the Dow Jones Industrial Average rising by 0.02%. The Dow achieved its second consecutive record close. NVIDIA’S ANTICIPATED RESULTS: Investors are focused on...

Eli Lilly and Company (NYSE: LLY) has launched Zepbound® (tirzepatide) single-dose vials, available through its LillyDirect® self-pay channel, significantly expanding access to obesity treatment. These vials are priced at least 50% lower than other incretin (GLP-1) medicines for obesity...

Dutch Data Protection Authority (DPA) imposed a significant fine of $324 million on Uber for violating the European Union’s General Data Protection Regulation (GDPR). The fine was levied due to Uber's improper transfer of sensitive personal data belonging to its European drivers to servers in...

1. IBM Withdraws from China: IBM is reportedly closing its China R&D department, moving operations overseas as U.S. companies face increased scrutiny from Beijing. The move affects over 1,000 employees and marks another major U.S. company pulling back from China. 2. Nvidia's Q2 Results...

This week, investors are eagerly awaiting key events and earnings reports that could impact the markets. Key Events: Federal Reserve Comments: Investors anticipate remarks from Federal Reserve Chairman Jerome Powell on Friday at the Jackson Hole Economic Symposium, which may offer clarity on...

Overview: Walmart Inc. (WMT) shares surged over 7% on Thursday following the release of its second-quarter fiscal 2025 earnings report, which exceeded Wall Street's expectations and led the company to raise its full-year financial outlook. Despite a decline in net income, the retail giant’s...

Market Rebound: Stock futures rose on Thursday following a positive trading day on Wednesday for the major indexes, driven by encouraging U.S. inflation data. The Dow Jones gained 0.61%, the S&P 500 increased by 0.38%, and the Nasdaq Composite edged up by 0.03%. Inflation slowed to 2.9% in July...

Overview: Cisco Systems Inc. has reported earnings that surpassed analysts’ expectations, despite a challenging environment marked by declining revenue and significant workforce reductions. The networking giant is navigating a period of transformation as it seeks to diversify its business and...

Market Rally: Stocks surged on Tuesday following positive inflation data. The Nasdaq gained 2.43%, the S&P 500 increased by 1.68%, and the Dow rose by 408 points. All major indices are now above their levels from the August 2nd close, recovering from the early August sell-off. Starbucks CEO...

Event Overview At its annual hardware event in Mountain View, California, Google revealed a new lineup of Pixel smartphones that prominently feature advanced artificial intelligence (AI) capabilities. The event, held earlier than in previous years, underscored Google's push to embed AI deeper...

Amazon has officially opened a state-of-the-art fulfilment centre at Gateway45 in Leeds, marking a significant £500 million investment aimed at bolstering its UK operations. This new facility, Amazon’s 31st in the UK, will utilize advanced technology across three floors to streamline the...

Tesla Discontinues Its Most Affordable Cybertruck Model Tesla has ceased accepting orders for the $61,000 version of its Cybertruck, effectively raising the entry price to $100,000. The move has sparked significant interest and concern among consumers and investors alike, as the pricing shift...

Cisco is reportedly planning to announce another significant reduction in its workforce, potentially impacting thousands of employees, as part of its ongoing efforts to pivot towards higher-growth sectors like cybersecurity and artificial intelligence (AI). This upcoming round of layoffs would...

Monday, August 12 New York Fed Consumer Inflation Expectations (July): This report will provide insights into consumer expectations for future inflation, which can impact consumer behavior and economic policy. Tuesday, August 13 NFIB Small Business Optimism Index (July): A key indicator of...

Market Gains: U.S. stock indexes saw significant gains on Thursday, with the S&P 500 jumping 2.3%, the Dow Jones rising 1.76%, and the Nasdaq surging 2.87%. Jobless Claims Drop: Weekly jobless claims fell to 233,000, lower than expected, providing optimism despite recent concerns about the...

Citius Pharmaceuticals Inc. (NASDAQ: CTXR), a penny stock, has achieved a significant milestone by securing its first FDA approval for Lymphir (denileukin diftitox-cxdl), a drug developed to treat relapsed or refractory cutaneous T-cell lymphoma (CTCL) in patients who have undergone at least one...

Intel Corporation is embroiled in a class-action lawsuit filed by shareholders after the company's stock suffered a dramatic 26% decline, wiping out over $32 billion in market value. The lawsuit, filed in the U.S. District Court for Northern California, accuses Intel, along with its CEO...

Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...

Palantir Technologies Inc. (NYSE) today announced financial results for the second quarter ended June 30, 2024. Q2 2024 Highlights Revenue Growth: Revenue grew 27% year-over-year and 7% quarter-over-quarter to $678 million. US Commercial Segment: US commercial revenue increased by 55%...

CrowdStrike, a leading cybersecurity firm, is facing legal action from shareholders following a global IT outage caused by a faulty software update. On July 19, a buggy update to CrowdStrike’s hacking-prevention software led to the malfunction of over eight million computers, causing widespread...