Tag: Economy

Nike’s stock surged 10% after announcing CEO John Donahoe’s departure on Oct. 13, with Elliott Hill set to take over. FedEx’s shares dropped 10% as they adjusted their earnings outlook

Federal Reserve Chair Jerome Powell has introduced a new term to describe the Central bank‘s monetary policy, referring to it as a “recalibration” during a crucial moment. Following a recent

Tech Stocks saw a boost in midday trading following the Federal Reserve’s rate cut decision. Companies like Tesla, Meta, Nvidia, and ASML all saw gains of over 5%. Edgewise Therapeutics

Darden Restaurants saw a nearly 11% increase in shares following the announcement of a partnership with Uber for on-demand delivery. NextEra Energy Partners gained 2.6% after receiving a buy rating

The Bank of England announced on Thursday that it would maintain Interest rates following a previous cut in August, despite the U.S. Federal Reserve’s recent rate reduction. The Monetary Policy

Billionaire investor Ray Dalio recently highlighted the significant amount of debt facing the U.S. economy, as the Federal Reserve made its first interest rate cut since the early stages of

Intuitive Machines saw a 38.3% surge in their shares after securing a $5 billion space network contract from NASA. United States Steel also experienced a 1.5% increase in their shares

The Federal Reserve took action on Wednesday by cutting Interest rates for the first time since the early stages of the Covid pandemic. The half a percentage point reduction in

Shares of United States Steel rose over 3% following news that Nippon Steel’s bid for the company will be reviewed after the November election. General Mills saw a 1% decrease

U.S. billionaire Ray Dalio recently outlined the top five key factors driving the Global Economy today during his appearance at the Milken Institute’s Asia Summit in Singapore. These factors are