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US STOCKS-Wall St tumbles after Powell urges caution on rate cuts
US STOCKS-Wall St tumbles after Powell urges caution on rate cuts
Nov 15, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Retail sales rise 0.4% in October, above forecasts * Indexes on track for weekly losses * Vaccine makers, packaged food cos fall after RFK Jr. appointment * Applied Materials ( AMAT ) down after forecasting Q1 revenue below estimates...
Sector Update: Energy Stocks Ease in Friday Afternoon Trading
Sector Update: Energy Stocks Ease in Friday Afternoon Trading
Nov 15, 2024
01:38 PM EST, 11/15/2024 (MT Newswires) -- Energy stocks were decreasing Friday afternoon, with the NYSE Energy Sector Index down 0.3% and the Energy Select Sector SPDR Fund (XLE) shedding 0.2%. The Philadelphia Oil Service Sector index fell 1.7%, while the Dow Jones US Utilities index added 0.9%. Front-month West Texas Intermediate crude oil was falling 2.3% to $67.09 a...
Top Midday Stories: Vaccine Stocks Fall on RFK Jr. HHS Nomination; GM Plans to Cut 1,000 Salaried Workers
Top Midday Stories: Vaccine Stocks Fall on RFK Jr. HHS Nomination; GM Plans to Cut 1,000 Salaried Workers
Nov 15, 2024
12:07 PM EST, 11/15/2024 (MT Newswires) -- All three major US stock indexes were down at midday trading Friday, further eroding gains made during the post-election rally and putting the averages on track for weekly losses. In company news, Moderna ( MRNA ) , Novavax ( NVAX ) and Pfizer ( PFE ) shares continued to fall Friday after booking...
Sector Update: Financial Stocks Advance Friday Afternoon
Sector Update: Financial Stocks Advance Friday Afternoon
Nov 15, 2024
01:36 PM EST, 11/15/2024 (MT Newswires) -- Financial stocks rose Friday afternoon trading with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) ahead 0.4%. The Philadelphia Housing Index shed 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) added 0.2%. Bitcoin (BTC-USD) rose 2.7% to $89,645, and the yield for 10-year US Treasuries...
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Taoping Reports Fiscal Year 2025 Results
Taoping Reports Fiscal Year 2025 Results
Apr 30, 2026
Strategic Transformation Drives Platform Expansion, Positions Company for Accelerated Growth TIANJIN, China, April 30, 2026 /PRNewswire/ -- Taoping Inc. , a provider of innovative Cloud-based technologies on the Smart City IoT platform, and related products and services, today reported financial results for the year ended December 31, 2025. The Company expects to file its annual report on Form 20-F for the...
GPGI Announces Date of First Quarter 2026 Earnings Call
GPGI Announces Date of First Quarter 2026 Earnings Call
Apr 30, 2026
NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- GPGI, Inc. ( GPGI ) , a diversified multi-industry platform for companies with great positions in good industries, today announced it will host a conference call on Thursday, May 7, 2026, at 8:00 a.m. Eastern Daylight Time (EDT) to discuss its financial results for the first quarter ended March 31, 2026. GPGI’s...
Lucasys Expands Beyond Utilities, Gaining Traction with Multiple Oil & Gas Customers
Lucasys Expands Beyond Utilities, Gaining Traction with Multiple Oil & Gas Customers
Apr 30, 2026
ATLANTA, April 30, 2026 (GLOBE NEWSWIRE) -- Lucasys Inc, a leading provider of cloud tax software for North American utilities and energy companies, today announced that multiple oil & gas companies have subscribed to the Lucasys Income Tax Suite. The new customers represent a significant expansion of Lucasys’ customer base beyond its core regulated utility market, marking a strategic milestone...
Alpha and Omega Semiconductor Unveils SmartClamp™ Protected DrMOS Family for AI Servers and High-End GPUs
Alpha and Omega Semiconductor Unveils SmartClamp™ Protected DrMOS Family for AI Servers and High-End GPUs
Apr 30, 2026
New DrMOS technology delivers industry-leading peak-to-peak current limiting, ensuring safe and reliable operation for high-demand AI workloads SUNNYVALE, Calif.--(BUSINESS WIRE)-- Alpha and Omega Semiconductor Limited ( AOSL ) a designer, developer, and global supplier of a broad range of discrete power devices, wide bandgap power devices, power management ICs, and modules, today announced the launch of the SmartClamp™ family...
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TPI Composites Divests Automotive Business to Focus on Wind Blades Manufacturing
TPI Composites Divests Automotive Business to Focus on Wind Blades Manufacturing
Jun 17, 2024
04:49 PM EDT, 06/17/2024 (MT Newswires) -- TPI Composites ( TPIC ) said Monday it has agreed to sell its automotive business to Clear Creek Investments to focus on its core business of making wind blades for the wind energy market. Financial terms of the deal weren't disclosed. TPI said it expects the divestiture to improve monthly cash flow by...
Venezuela mulls proposal to extend PDVSA-Chevron oil joint venture through 2047
Venezuela mulls proposal to extend PDVSA-Chevron oil joint venture through 2047
Jun 17, 2024
CARACAS, June 17 (Reuters) - Venezuela's National Assembly on Monday began discussing a proposal to extend through 2047 a contract between state oil company PDVSA and U.S. company Chevron ( CVX ) to operate a joint venture in the country's largest producing area. PDVSA and Chevron ( CVX ) have four joint ventures in Venezuela that are producing some 200,000...
Dynatrace Insider Sold Shares Worth $2,320,395, According to a Recent SEC Filing
Dynatrace Insider Sold Shares Worth $2,320,395, According to a Recent SEC Filing
Jun 17, 2024
04:48 PM EDT, 06/17/2024 (MT Newswires) -- Rick M McConnell, Director, Chief Executive Officer, on June 13, 2024, sold 50,000 shares in Dynatrace ( DT ) for $2,320,395. Following the Form 4 filing with the SEC, McConnell has control over a total of 732,991 shares of the company, with 732,491 shares held directly and 500 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1773383/000177338324000120/xslF345X03/wk-form4_1718656816.xml...
NextEra Energy Stock Is Falling Monday: What's Going On?
NextEra Energy Stock Is Falling Monday: What's Going On?
Jun 17, 2024
NextEra Energy Inc ( NEE ) shares are moving lower in extended trading Monday after the company announced plans to sell equity units. What Happened: After the market close on Monday, NextEra Energy announced that it intends to sell $2 billion of equity units consisting of a contract to purchase NextEra Energy common stock and a 5% undivided beneficial ownership...
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