Tag: Stock 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 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

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

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

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

DoubleLine Capital CEO Jeffrey Gundlach has called for the Federal Reserve to quickly ease policy in response to the current economic slowdown. Gundlach suggested a half-point interest-rate reduction, emphasizing the

The latest midday trading updates for various companies include notable movements in the stock market. Hewlett Packard Enterprise saw a 6% increase after receiving a buy rating from Bank of