U.S. tech stocks suffered a sharp selloff while more than 300 S&P 500 components closed higher, and Treasury yields saw their biggest one-day drop since March 2023. The divergence raises...
The correlation between crude oil and equity markets has turned negative as a technology-led selloff reshapes cross-asset relationships. The divergence offers energy exposure as a natural hedge against tech weakness...
Universal Insurance Holdings reported 8% growth in policies in-force and said Hurricane Isaias losses are manageable. The news signals a focus on organic growth and may ease investor concerns about...
World Acceptance Corp. may decide within one to two quarters whether to scale its credit card program, but management remains cautious on underwriting. The move could diversify revenue but signals...
U.S. stocks closed mixed as investors balanced optimism over AI capital spending against a sharp rise in oil prices. Tech names held up while energy stocks gained, but bond yields...
Energy stocks are surging as crude oil prices rally on supply concerns and geopolitical tensions. The move has broad implications for inflation, bonds, and risk assets, with investors rotating into...
Netflix shares hit a 52-week low as growth concerns and competition weigh on the streaming leader. While the pullback may tempt bargain hunters, investors should weigh slowing subscriber momentum against...
Bloom Energy beat earnings expectations by 36% and revenue by 15%, yet its stock remained subdued. The muted reaction highlights investor skepticism over margins and competition, even as AI data-center...
A stepmother offers to sell her stepchild the childhood home for $850,000, far above the 1990s purchase price of $250,000. The stepchild questions fairness, highlighting common issues in family property...
Oracle will invest $1 billion over four years in its partner ecosystem to help partners meet enterprise demand for AI solutions. The investment, announced at Oracle AI World, focuses on...
American Express shares fell 2.7% premarket after Q3 card spending missed estimates and the company announced a 5% workforce reduction. Adjusted EPS beat and full-year guidance was raised, but spending...
Jetta's M6 electric sedan received 10,000 locked orders in 19 hours, marking FAW-Volkswagen's entry into the affordable EV market. The launch intensifies competition in China's EV sector and could impact...
Volvo Cars reported a third-quarter operating loss of 5.592 billion Swedish kronor and announced 2,500 job cuts as sales in China plunged 40.6%. The automaker faces intense competition and a...
Nvidia and Tesla are reportedly set to commit about $2.8 billion to expand Samsung Electro-Mechanics' AI substrate capacity, while Nebius lands a $3.5 billion Citi credit line with a 364-day...
Meta will create a non-voting Class C stock and distribute one share per A and B share, effectively a 2-for-1 split without changing voting power. The move aims to fund...
SK Hynix paused the Solidigm IPO review amid regulatory and market pressures, sending shares up 4%. The company now must decide between returning cash to shareholders and funding its U.S....
Unitree Robotics shares surged over 16% intraday on October 23, breaking the 600 yuan mark and gaining more than 40% for the week. The rally reflects intense investor appetite for...
Moderna shares fell up to 25% despite its cancer vaccine reducing melanoma recurrence or death risk by 42%, as investors had priced in even stronger results. The selloff highlights the...
Deckers Outdoor projects FY2027 revenue of $5.7B-$5.725B and EPS of $7.80-$7.95, but flags higher U.S. promotions that could pressure margins. The guidance reaffirms Hoka's growth but highlights Ugg's reliance on...
DataTrek's Nick Colas questions whether the S&P 500 still reflects the broader economy, given that tech and big tech now make up about 50% of the index. He also notes...
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