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Recent Posts

  • Superior Industries downgraded to ’CC’ at S&P amid potential debt restructuring
    May 13, 2025
  • S&P 500 climbs as cooling inflation keeps trade-driven optimism intact
    May 13, 2025
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  • November 19, 2024

Stock market today: S&P 500 closes higher as Nvidia powers tech ahead of earnings

-- The S&P 500 closed higher Tuesday, as an Nvidia-led climb in tech helped stocks shrug off earlier concerns about increasing Russia-Ukraine tensions. At 4.00 p.m. ET...

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  • November 19, 2024

Colombia's Addi lands $100 million credit line to expand buy now, pay later service

By Kylie Madry (Reuters) - Colombian fintech Addi has nabbed a $100 million credit facility from private capital manager Victory Park Capital, the two said on Tuesday, which will...

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  • November 19, 2024

Stocks set for upside as AI bets, rate cuts add steel to offset rising yields

Investing -- The sharp rise in Treasury yields have been flagged as headwind for stocks, but analysts at UBS believe that ongoing Federal Reserve rate cuts and the promise of...

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  • November 19, 2024

Needham downgrade EV charging operators citing low visibility on growth

- Needham has downgraded two EV charging operators Blink Charging Co (NASDAQ:BLNK) and ChargePoint Holdings Inc (NYSE:CHPT) to Hold, citing low visibility into a...

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  • November 19, 2024

Russia-Ukraine Tensions Revive Interest in Safe ETFs

The resurgence in tensions between Russia and Ukraine results in investors rushing to safe-haven assets.

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  • November 19, 2024

Senator says Trump cannot ignore law requiring ByteDance to divest TikTok by next year

By David Shepardson WASHINGTON (Reuters) -President-elect Donald Trump cannot ignore a law requiring Chinese-based ByteDance to divest its popular short video app TikTok in the...

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  • November 19, 2024

Analysis-Spirit Airlines' struggle to navigate post-pandemic trends lands it in bankruptcy

By Rajesh Kumar Singh CHICAGO (Reuters) - Spirit Airlines (NYSE:SAVE) was expected to be one of the big travel industry winners after the pandemic. But the no-frills pioneer...

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  • November 19, 2024

Qualcomm downgraded as Apple split and licensing woes loom

- President Capital Management downgraded Qualcomm Incorporated (NASDAQ:QCOM) stock, citing mounting challenges, including regulatory risks, Apple’s shift to...

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  • November 19, 2024

Prominent Wall Street boss Lutnick has been one of Trump's biggest cheerleaders

By Saeed Azhar (Reuters) - Wall Street veteran Howard Lutnick, whose domain stretches from brokerages to real estate, has been one of Donald Trump's biggest promoters from the...

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  • November 19, 2024

Kering shares up, shrugging off 2024 operating profit warning

PARIS (Reuters) -Shares in Gucci-owner Kering (EPA:PRTP) rose on Thursday, shrugging off the French luxury goods company's warning that 2024 operating income would almost halve...

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