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Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sector Update: Consumer Stocks Mixed in Afternoon Trading
Sep 8, 2025
01:54 PM EDT, 09/08/2025 (MT Newswires) -- Consumer stocks were mixed Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.8% and the Consumer Discretionary Select Sector SPDR Fund (XLY) up 0.3%. In corporate news, Tesla's (TSLA) share of total electric vehicle sales in the US in August has fallen to 38% in August, the first time...
Sector Update: Health Care
Sector Update: Health Care
Sep 8, 2025
01:18 PM EDT, 09/08/2025 (MT Newswires) -- Health care stocks declined Monday afternoon, with the NYSE Health Care Index down 0.5% and the Health Care Select Sector SPDR Fund (XLV) shedding 0.6%. The iShares Biotechnology ETF (IBB) decreased 0.9%. In corporate news, DexCom ( DXCM ) is facing organic issues and a competition threat despite doing everything to overcome multiple...
Wall Street expands gains on Fed rate cut bets
Wall Street expands gains on Fed rate cut bets
Sep 8, 2025
US stock indices rose during Mondays session as bets on a Federal Reserve interest rate cut continued to build. The gains come ahead of key US inflation data due this week, which the Fed is expected to monitor closely for signals before initiating rate cuts. Data released Friday by the US Department of Labor showed that the economy added only...
Exchange-Traded Funds Mixed, US Equities Rise After Midday
Exchange-Traded Funds Mixed, US Equities Rise After Midday
Sep 8, 2025
01:14 PM EDT, 09/08/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM fell, while IVV edged higher. Actively traded Invesco QQQ Trust (QQQ) rose 0.5%. US equity indexes rose after midday on Monday with the Nasdaq Composite rising to an intraday records, government bond yields extending declines and gold surging to a all-time high. Energy iShares US Energy...
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What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
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FICO posts higher profit on scores business strength
FICO posts higher profit on scores business strength
Apr 25, 2024
April 25 (Reuters) - Credit scoring giant Fair Isaac Corp ( FICO ) posted a rise in second-quarter profit on Thursday, helped by robust demand for its scores and software businesses. The seven-decade-old company is best known for its FICO Score, the standard measure of consumer credit risk used by banks, credit card issuers, mortgage lenders and auto loan providers....
Eastman Chemical beats estimates as destocking trends abate, affirms FY profit outlook
Eastman Chemical beats estimates as destocking trends abate, affirms FY profit outlook
Apr 25, 2024
April 25 (Reuters) - Eastman Chemical ( EMN ) beat Wall Street estimates for first-quarter profit on Thursday, helped by a decline in destocking trends across key markets. The company's adjusted profit was $1.61 per share for the three months ended March 31, compared with analysts' average estimate of $1.43 per share, according to LSEG data. Chemical companies have been...
Capital One's first-quarter profit jumps on interest income boost
Capital One's first-quarter profit jumps on interest income boost
Apr 25, 2024
April 25 (Reuters) - Capital One Financial's ( COF ) first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates. Net interest income (NII) - the difference between what it makes on loans and pays out on deposits - rose 4% to $7.49 billion in the quarter, the McLean, Virginia-based company said on...
Kinsale Capital Q1 Earnings, Revenue Rise
Kinsale Capital Q1 Earnings, Revenue Rise
Apr 25, 2024
05:51 PM EDT, 04/25/2024 (MT Newswires) -- Kinsale Capital Group ( KNSL ) reported Q1 operating earnings Thursday of $4.24 per diluted share, up from $2.40 a year earlier. Analysts polled by Capital IQ expected $3.28. Revenue for the quarter ended March 31 was $372.8 million, up from $263.1 million a year earlier. Analysts polled by Capital IQ expected $358.1...
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Litecoin ETF One Step Closer to Approval: Will the SEC Finally Say Yes?
Litecoin ETF One Step Closer to Approval: Will the SEC Finally Say Yes?
Jan 30, 2025
The Securities and Exchange Commission (SEC) has officially recognized Canary Capitals proposal for a Litecoin ETF and invited public input as the potential for a US listing grows. Multiple fund managers have recently submitted applications for altcoin ETFs to the securities regulator. However, according to Bloomberg ETF analyst Eric Balchunas, Canary Capitals Litecoin ETF is the only one that has...
Ethereum Could See a Pullback to $2,500 Amid Whale Absence
Ethereum Could See a Pullback to $2,500 Amid Whale Absence
Jan 30, 2025
After a short-lived rally past $3,700 in early January, Ethereum struggled to sustain its gains and is now 12% below its recently established local top. The leading altcoins market sentiment remains muted. As such, a new analysis suggests that the next significant price shift will largely be influenced by whales. No Whale Frenzy Ethereums price has stabilized above $3,000, but...
Pi Network Community Grows in These Countries, But When Mainnet?
Pi Network Community Grows in These Countries, But When Mainnet?
Jan 30, 2025
TL:DR; Although its yet to see the light of day officially, Pi Network continues to attract new users, and its community is growing in many large countries. Nevertheless, a large portion of its user base still wonders when the mainnet will be live, with the latest projections indicating that this will happen by the end of March 2025. Community Grows...
Is Ripple (XRP) Poised for a Massive Breakout Rally? Analysts Weigh In
Is Ripple (XRP) Poised for a Massive Breakout Rally? Analysts Weigh In
Jan 30, 2025
TL:DR; The third-largest cryptocurrency has been trading within this high range for the first time in its history, which some analysts believe is an indicator of a future price rally. As usual, many industry commentators continue to be bullish on the asset, outlining predictions of up to $14. XRP to Break Out Soon? XRP went on a roll after the...
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