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S&P 500, Nasdaq futures tick up ahead of Fed meeting, AI conference
S&P 500, Nasdaq futures tick up ahead of Fed meeting, AI conference
Mar 18, 2024
(Reuters) - Futures tracking the S&P 500 and the Nasdaq rose on Monday ahead of the Federal Reserve's meeting this week, where it is expected to keep borrowing costs steady and provide cues on its monetary policy path this year. Stronger-than-expected inflation figures last week have prompted investors to rethink when and by how much policymakers will lower rates this...
Investor Sentiment Falls Further, S&P 500 Records Second Weekly Loss
Investor Sentiment Falls Further, S&P 500 Records Second Weekly Loss
Mar 18, 2024
The CNN Money Fear and Greed index showed further decline in overall market sentiment, but it remained in the Greed zone on Friday. U.S. stocks closed lower on Friday, with the S&P 500 recording its second-consecutive weekly loss. The S&P 500 lost 0.13% last week, while the 30-stock Dow slipped by 0.02%. The US Federal Reserve is widely expected to...
Wall St Week Ahead-Fracturing 'Magnificent Seven' trade puts spotlight on megacap valuations
Wall St Week Ahead-Fracturing 'Magnificent Seven' trade puts spotlight on megacap valuations
Mar 17, 2024
NEW YORK, March 15 (Reuters) - Diverging fortunes for the massive technology and growth names that have propelled the U.S. stock market higher are throwing a spotlight on their pricey valuations. The so-called Magnificent Seven are collectively trading at an average of 33 times their expected earnings for the next 12 months, up from 26 at the end of 2022,...
SAIC, StoneCo And 3 Stocks To Watch Heading Into Monday
SAIC, StoneCo And 3 Stocks To Watch Heading Into Monday
Mar 18, 2024
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Science Applications International Corporation ( SAIC ) to report quarterly earnings at $1.43 per share on revenue of $1.64 billion before the opening bell, according to data from Benzinga Pro. SAIC shares rose 0.6%...
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Law firms suing Apple over smartphone dominance fight for lead roles
Law firms suing Apple over smartphone dominance fight for lead roles
Aug 9, 2024
Aug 9 (Reuters) - Two competing groups of law firms are pressing a judge to appoint them as leaders of potentially lucrative consumer class actions accusing Apple ( AAPL ) of monopolizing the smartphone market. The opposing coalitions of plaintiffs lawyers on Thursday made their pitches to U.S. District Judge Julien Neals in New Jersey, who is presiding over private...
What Analysts Are Saying About Cerence Stock
What Analysts Are Saying About Cerence Stock
Aug 9, 2024
Analysts' ratings for Cerence ( CRNC ) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 4...
Intel's Options Frenzy: What You Need to Know
Intel's Options Frenzy: What You Need to Know
Aug 9, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Intel ( INTC ). Looking at options history for Intel ( INTC ) we detected 38 trades. If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 55% with bearish. From...
SoundHound AI Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)
SoundHound AI Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)
Aug 9, 2024
Analysts' ratings for SoundHound AI ( SOUN ) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
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Porsche names new CFO and sales chief in bid to revive performance
Porsche names new CFO and sales chief in bid to revive performance
Feb 26, 2025
FRANKFURT (Reuters) - Luxury carmaker Porsche replaced its CFO and head of sales on Wednesday with two company veterans as it reshuffles its board in the hopes of reviving flagging performance and a weak share price. The company announced late on Tuesday that Jochen Breckner, at Porsche for 25 years and head of corporate development since 2018, will oversee finances...
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
Feb 26, 2025
NEW DELHI (Reuters) - Indian tax authorities have singled out Volkswagen as the only automaker to wrongly classify its car imports for 12 years to evade $1.4 billion in taxes, even as rival Kia changed its practice after being pulled up, court papers show. Volkswagen is a tiny player in India's car market, which is the third biggest in the...
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
India singles out VW in $1.4 billion tax dispute, says Kia corrected course
Feb 26, 2025
* VW, Indian authorities in legal tussle over record tax demand * India accuses VW of using clandestine scheme to evade tax * VW case rekindles worries among foreign companies in India * Loss could cost VW $2.8 billion, including penalty, interest By Arpan Chaturvedi, Aditya Kalra and Aditi Shah NEW DELHI, Feb 26 (Reuters) - Indian tax authorities have...
Indonesia to use its benchmark coal price for transactions from March 1
Indonesia to use its benchmark coal price for transactions from March 1
Feb 26, 2025
JAKARTA (Reuters) - Indonesia will start using its government-set benchmark coal price as the floor price for transactions starting from March 1, Tri Winarno, a senior official at the Energy and Mineral Resources Ministry, said on Wednesday. Indonesia currently uses the government benchmark price, known as the HBA, to calculate royalty fees for coal miners. Tri did not elaborate further...
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Shiba Inu, Dogecoin Retrace by Double Digits as Rally Cools Off, Liquidations Up to $900M
Shiba Inu, Dogecoin Retrace by Double Digits as Rally Cools Off, Liquidations Up to $900M
Nov 12, 2024
After roughly a week of gains and charting consecutive all-time highs, bitcoins run has finally cooled off as the asset was rejected twice at the $90,000 level. As expected, the more volatile by nature altcoins have experienced even more turbulent corrections over the past day, leaving almost 300,000 traders wrecked. Bitcoin/Price/Chart 13.11.2024. Source: TradingView It was nothing short of a...
Here’s Why the PNUT Price Exploded by 200% Today
Here’s Why the PNUT Price Exploded by 200% Today
Nov 13, 2024
TL;DR Despite the market-wide pullback, the viral meme coin PNUT surged to a new ATH. Its popularity and price increase were likely fueled by one of Musks latest interactions on X. Defying the Market Trend After several days of pumping and reaching record highs, the cryptocurrency market pulled back in the past 24 hours. Bitcoin (BTC), whose price tapped an...
What Is Sui Network (SUI): The Ultimate Guide in 2024
What Is Sui Network (SUI): The Ultimate Guide in 2024
Nov 13, 2024
Sui is a layer-1 blockchain created to enable quick, low-latency transactions, making it a strong choice for real-time applications like gaming, decentralized finance (DeFi), and other responsive services. Launched in May 2023, its architecture emphasizes immediate transaction completion and high throughput, with smart contracts written in Move, a Rust-based programming language optimized for fast, secure transaction execution. A key differentiator...
The Best Yet to Come for Bitcoin? This Analyst Thinks So
The Best Yet to Come for Bitcoin? This Analyst Thinks So
Nov 13, 2024
The unprecedented events surrounding this bull season, like bitcoin (BTC) hitting an all-time high before the halving, have led traders to think the digital asset may follow a pattern not seen in past cycles. Recently, there have been speculations that BTC may complete its bull run this year or by January 2025. However, some market analysts have stuck to their...
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