Tag: Markets

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

Chinese electric car manufacturer Nio introduced its budget-friendly brand Onvo in Shanghai, China on May 15, 2024. Onvo, positioned as a more affordable option compared to Nio’s premium line, unveiled

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 reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. CEO Rick Cardenas expressed confidence in the company’s long-term prospects despite

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

Cryptocurrency exchange Binance has experienced a 40% uptick this year in institutional and corporate investors joining the platform, according to CEO Richard Teng in an interview with Lin Lin on

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

The Federal Reserve is planning to lower Interest rates by another half point before the end of 2024. The Central bank has two more policy meetings scheduled for November and

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