ADVFN US – Market Content Editor
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U.S. Stocks Close Little Changed On The Day But Sharply Lower For The Week
After showing a lack of direction early in the session, stocks saw some strength in afternoon trading on Friday before once again giving back ground going into the end of the day. The major averages eventually ended the day narrowly mixed. While the tech-heavy Nasdaq dipped 50.48 points or 0.2 percent to 22,546.67, adding to…
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Wells Fargo sees continued expansion in credit card lending this year
Wells Fargo expects overall loan growth to continue this year, with credit cards and auto lending leading the way, while its mortgage business is showing signs of stabilizing after a prolonged downturn, Chief Financial Officer Mike Santomassimo said on Tuesday. Speaking at the UBS Financial Services Conference, Santomassimo highlighted steady momentum in the card portfolio.“On…
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U.S. CPI Cools, Wall Street Eyes Rebound After Tech-Led Sell-Off: Dow Jones, S&P 500 and Nasdaq Futures
Dow Jones, S&P 500 and Nasdaq futures are currently pointing to a slightly higher open on Friday, with stocks likely to regain ground following the sell-off seen in the previous session. The futures had been pointing to continued weakness on Wall Street but regained ground following the release of the Labor Department’s highly anticipated report…
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U.S. CPI Inflation Cools to 2.4% in January as Consumer Prices Rise Less Than Expected
The Labor Department released a highly anticipated report on Friday showing consumer prices in the U.S. increased by slightly less than expected in the month of January. The report said the consumer price index rose by 0.2 percent in January after climbing by 0.3 percent in December. Economists had expected prices to rise by another…
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IEA Flags Slower Oil Demand Growth in 2026 as Supply Expansion Cools
Global oil demand is expected to grow more modestly in 2026, while supply gains are also set to slow following weather-related disruptions and production setbacks earlier this year, according to the International Energy Agency. In its latest monthly report, the IEA said worldwide oil supply slipped to 106.6 million barrels per day in January, down…
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Falconedge PLC Outperforms Market Volatility with Successful Bitcoin Yield Strategy and US Expansion
In a recent interview on The Watchlist, Ricki Lee sat down with Roy Kashi, CEO of Falconedge PLC (USOTC:FEDGF), to discuss the company’s impressive early-year performance. Despite a turbulent period for cryptocurrency prices, Falcon Edge has reported a second consecutive month of gains from its Bitcoin yield strategy and successfully extended its reach into the…
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U.S. Stocks Move Sharply Lower Amid AI Disruption Concerns
After ending Wednesday’s choppy trading session modestly lower, stocks showed a more substantial move to the downside during trading on Thursday. The major averages once again failed to sustain an early upward move and pulled sharply as the day progressed. The major averages saw further downside going into the end of the day, closing near…
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Crocs soars on earnings beat and upbeat 2026 profit forecast
Crocs (NASDAQ:CROX) shares jumped roughly 15% in premarket trading Thursday after the footwear group delivered a stronger-than-expected fourth quarter and issued an earnings outlook for 2026 that comfortably topped Wall Street forecasts. For the fourth quarter, Crocs reported earnings per share of $2.29, beating the consensus estimate of $1.91. Revenue reached $958 million, exceeding analyst…
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Tripadvisor shares slide after sharp fourth-quarter earnings miss
Tripadvisor Inc. (NASDAQ:TRIP) shares dropped more than 4% in premarket trading Thursday after the online travel group reported fourth-quarter results that fell well short of Wall Street expectations. The company posted adjusted earnings of $0.04 per share for the quarter, missing analyst forecasts of $0.17. Revenue totaled $411 million, slightly below the consensus estimate of…
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American Electric Power tops Q4 forecasts, sticks with 2026 profit targets
American Electric Power (NASDAQ:AEP) reported fourth-quarter 2025 operating earnings that beat Wall Street expectations and reiterated its outlook for 2026, sending shares modestly higher in premarket trading. The utility posted operating earnings of $1.19 per share for the quarter, ahead of analyst estimates of $1.14. Revenue climbed to $5.31 billion, comfortably above the $4.99 billion…