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Sector Update: Energy
Sector Update: Energy
May 26, 2025
01:28 PM EDT, 05/08/2025 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index rising 1.8% and the Energy Select Sector SPDR Fund (XLE) climbing 2%. The Philadelphia Oil Service Sector index popped 3%, and the Dow Jones US Utilities index was up 0.1%. Front-month West Texas Intermediate crude oil was rising 3.2% to $59.90...
Gold Trading Down as Dollar Rises as Trade Tensions Ease and the Fed Holds Rates Steady
Gold Trading Down as Dollar Rises as Trade Tensions Ease and the Fed Holds Rates Steady
May 26, 2025
09:37 AM EDT, 05/08/2025 (MT Newswires) -- Gold traded lower for a second day early on Thursday as planned weekend talks between the United States and China look to calm trade tensions and ease safe-haven demand, while the Federal Reserve held interest rates steady in a day-prior decision, pushing the dollar higher. Gold for June delivery was last seen down...
Cleveland-Cliffs Stock Is Sinking Thursday: What's Going On?
Cleveland-Cliffs Stock Is Sinking Thursday: What's Going On?
May 26, 2025
Cleveland-Cliffs Inc. ( CLF ) stock is trading lower Thursday after the company reported first-quarter earnings on Wednesday after the market closed. The Details: The company reported a loss of 92 cents per share, missing the consensus estimate of a 75 cent-loss. In addition, Cliffs reported sales of $4.63 billion, missing the consensus estimate of $4.64 billion. During the quarter,...
Dow Jumps Over 200 Points; US Initial Jobless Claims Fall
Dow Jumps Over 200 Points; US Initial Jobless Claims Fall
May 26, 2025
U.S. stocks traded higher this morning, with the Dow Jones index gaining over 200 points on Thursday. Following the market opening Thursday, the Dow traded up 0.57% to 41,349.21 while the NASDAQ gained 0.84% to 17,886.92. The S&P 500 also rose, gaining, 0.62% to 5,666.44. Check This Out: Uber To Rally Around 20%? Here Are 10 Top Analyst Forecasts For...
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Brazil watchdog moves to block access to Elon Musk's X after court order
Brazil watchdog moves to block access to Elon Musk's X after court order
Aug 31, 2024
* Judge's order comes after key legal deadline expires * Telecoms regulator says it is proceeding with compliance * Saga stems from dispute over regulating online speech * X, formerly Twitter, still accessible as of Friday evening (Recasts with regulator statement, adds Musk comment in paragraph 4, details on Google and Apple ( AAPL ) in paragraphs 12-13, Starlink request...
China's airspace intrusion a 'wake-up call' for Japan, says U.S. Republican lawmaker
China's airspace intrusion a 'wake-up call' for Japan, says U.S. Republican lawmaker
Aug 31, 2024
TOKYO (Reuters) - The intrusion of a Chinese spy plane into Japanese airspace is a wake-up call for Tokyo about the aggressive nature of China's leadership, U.S. lawmaker John Moolenaar, who chairs the House Select Committee on China said on Wednesday. The incident on Monday involving a Y-9 reconnaissance aircraft flying near the southern Kyushu island was the first time...
Spotlight on AT&T: Analyzing the Surge in Options Activity
Spotlight on AT&T: Analyzing the Surge in Options Activity
Aug 30, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on AT&T ( T ). Looking at options history for AT&T ( T ) we detected 8 trades. If we consider the specifics of each trade, it is accurate to state that 25% of the investors opened trades with bullish expectations and 75% with bearish. From...
US senator presses Intel CEO on chips award after job cut plan
US senator presses Intel CEO on chips award after job cut plan
Aug 31, 2024
WASHINGTON, Aug 28 (Reuters) - Republican Senator Rick Scott on Wednesday asked Intel ( INTC ) CEO Pat Gelsinger for more details on the company's plans to cut more than 15,000 jobs despite being set to receive nearly $20 billion in U.S. grants and loans to boost chip production. In a letter seen by Reuters, Scott questioned if the Commerce...
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Aptevo Shares Decline After Pricing of $2.8 Million Stock Offering
Aptevo Shares Decline After Pricing of $2.8 Million Stock Offering
Jun 28, 2024
01:48 PM EDT, 06/28/2024 (MT Newswires) -- Aptevo Therapeutics ( APVO ) was down nearly 38% in recent Friday trading after it priced a share offering to raise about $2.8 million. The company said it entered agreements with certain healthcare-focused and institutional investors to buy more than 5.3 million shares at $0.515 each, bundled with warrants to buy up to...
Why Are Carisma Therapeutics Shares Surging Friday?
Why Are Carisma Therapeutics Shares Surging Friday?
Jun 28, 2024
Carisma Therapeutics Inc. ( CARM ) shares are trading higher on Friday following the company’s announcement of a significant development in its collaboration with Moderna. What To Know: Carisma has nominated its first in vivo CAR-M development candidate targeting Glypican-3 (GPC3) for the treatment of solid tumors, including hepatocellular carcinoma (HCC). This milestone has triggered a $2 million payment to...
Biden-Trump debate draws 48 million TV viewers
Biden-Trump debate draws 48 million TV viewers
Jun 28, 2024
NEW YORK, June 28 (Reuters) - Roughly 48 million TV viewers tuned in to watch Thursday's U.S. presidential debate between Democratic President Joe Biden and Republican rival Donald Trump, according to preliminary Nielsen data. The numbers suggest the final audience will be about one-third lower than the 73 million people who watched the candidates' first face-off in 2020. The relatively...
Microsoft hit with EU antitrust charge over Teams app, risks hefty fine
Microsoft hit with EU antitrust charge over Teams app, risks hefty fine
Jun 28, 2024
BRUSSELS, June 25 (Reuters) - Microsoft ( MSFT ) faces a hefty antitrust fine after the European Commission on Tuesday accused it of illegally linking its chat and video app Teams with its Office product, giving it an unfair advantage over rivals such as Slack. Eleven years after Microsoft's ( MSFT ) last EU fine, the EU competition watchdog's latest...
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Mt. Gox Shifts $2B in BTC to New Accounts Amid Ongoing Debt Settlements
Mt. Gox Shifts $2B in BTC to New Accounts Amid Ongoing Debt Settlements
Nov 5, 2024
Defunct Bitcoin exchange Mt.Gox has moved 32,371 BTC worth an estimated $2.19 billion to three new addresses. Several on-chain transaction trackers caught the movement, including Spot On Chain and Arkham Intelligence. Bitcoin Transferred to New Wallets Spot On Chain’s data shows the platform initially moved 30,371 BTC to a wallet starting with 1FG2…Rveoy. It then sent another 2,000 BTC, priced...
Bitcoin Price Explodes to New All
Bitcoin Price Explodes to New All
Nov 5, 2024
Bitcoin just charted new all-time highs at $75,000 per coin as Donald Trump’s odds of U.S. Presidential Election victory look all but certain.  Source: TradingView As of 9:50 PM EDT on Tuesday, Donald Trump had secured 188 electoral votes across the country, while Kamala Harris had only hauled 99 electoral votes.  Major states like Flordia and Texas had already been...
Major Shiba Inu (SHIB) Warning: Team Sounds the Alarm
Major Shiba Inu (SHIB) Warning: Team Sounds the Alarm
Nov 5, 2024
TL;DR Community members are advised to follow official sources and avoid interactions with anyone claiming access to exclusive tokens or rewards. Fake groups and impersonators on Telegram are targeting users, so the team urges caution with linking wallets or sharing personal info. Another Alert Shiba Inus solid community (comprised of investors, proponents, and developers) is often targeted by bad actors...
US Presidential Election 2024 Results: Odds of Donald Trump Winning Explode on Polymarket
US Presidential Election 2024 Results: Odds of Donald Trump Winning Explode on Polymarket
Nov 5, 2024
The race for the US Presidency is on, and votes are starting to be counted. While the official results are still not reported, things are getting heated up at the most popular crypto prediction market Polymarket. Source: Polymarket The odds of Donald Trump winning the current race have skyrocketed to almost 90%. Its important to remember that Trump has been...
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