Author: Fiona Craig
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What’s Behind Albemarle’s Recent Stock Surge?
Albemarle Corporation (NYSE:ALB) has seen a sharp rebound in its share price, climbing nearly 50% over the past three months — including a 30% jump in just the past month. This momentum has coincided with a resurgence in Chinese lithium spot and futures prices, sparking renewed investor interest in the chemical producer. According to Bank…
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Dow Jones, S&P, Nasdaq, What’s Ahead in the Markets This Week: TSLA, GOOGL, and Other Big Names Prepare to Report
A heavy slate of earnings is on deck this week, led by tech titans and major U.S. corporations. Tesla (NASDAQ:TSLA) and Alphabet (NASDAQ:GOOGL) will be in the spotlight, with reports from Intel (NASDAQ:INTC), IBM (NYSE:IBM), Coca-Cola (NYSE:KO), General Motors (NYSE:GM), Verizon Communications (NYSE:VZ), and HCA Healthcare (NYSE:HCA) also due. In addition to corporate results, investors…
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Crypto Stocks Edge Higher as Trump Signs Stablecoin Bill into Law
Stocks tied to the cryptocurrency sector gained ground on Monday, buoyed by a rise in ether prices and the enactment of new U.S. legislation regulating stablecoins, signed by President Donald Trump late Friday. In early trading, Coinbase (NASDAQ:COIN) shares climbed 1.7%, while MicroStrategy (NASDAQ:MSTR) posted a 1.5% gain ahead of the market open. The newly…
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Dow Jones, S&P, Nasdaq, Stock futures inch up as earnings flood and geopolitical events set the tone
U.S. stock futures showed slight gains on Monday, as investors braced for a busy week filled with earnings announcements from key S&P 500 companies. Verizon (NYSE:VZ) is expected to kick off the reporting season on Monday, followed by tech giants Alphabet (NASDAQ:GOOGL) and Tesla (NASDAQ:TSLA) later this week. Meanwhile, Japan’s parliamentary elections have raised concerns…
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Oil prices steady amid limited impact from new EU sanctions
On Monday, oil prices remained relatively unchanged as markets anticipated that the recent European Union sanctions would have only a minimal effect on Russian oil exports. By 0800 GMT, Brent crude futures had slipped 12 cents, or 0.2%, to $69.16 a barrel, after dropping 0.35% on Friday. U.S. West Texas Intermediate crude was flat at…
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Stellantis forecasts €2.3 billion net loss in H1 amid restructuring charges
Automaker Stellantis (NYSE:STLA) announced on Monday that it expects a net loss of approximately €2.3 billion ($2.7 billion) for the first half of the year. This follows the company recording about €3.6 billion in restructuring expenses, impairment charges, and initial costs linked to U.S. tariffs. The preliminary figures mark a sharp reversal from the €5.6…
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BP Chooses Former CRH Leader Albert Manifold as New Chairman
BP PLC (NYSE:BP) has named Albert Manifold as its next chairman, set to take over from Helge Lund on October 1, as the oil giant refocuses on its core fossil fuel business amid investor pressure. Manifold, who previously served as CEO of CRH, the building materials group (NYSE:CRH), will officially join BP’s board as a…
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Gold Inches Up Amid Global Trade Uncertainty and Political Turmoil in Japan
Gold prices edged higher in early Asian trading on Monday, driven by rising investor caution over impending U.S. trade tariffs and Japan’s shifting political landscape following a key election result. The precious metal gained modestly as markets digested the weekend’s upper house elections in Japan, where Prime Minister Shigeru Ishiba’s Liberal Democratic Party (LDP) failed…
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Semiconductor Sector Poised for Solid Q2, But Faces Tariff Headwinds in H2 – JPMorgan
J.P. Morgan anticipates the semiconductor industry will post second-quarter results that are in line with or slightly above expectations, fueled by robust demand for AI technologies, early signs of a cyclical rebound, and accelerated inventory purchases linked to trade concerns. Despite the upbeat near-term outlook, the bank is sounding a note of caution for the…
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Nvidia Confronts Supply Constraints for H20 AI Chip in China – The Information
Nvidia Corp. (NASDAQ:NVDA) has informed clients in China that it currently has only a limited inventory of its H20 artificial intelligence chip, and that production will not be resuming in the near term, according to a report by The Information published Saturday. The H20 is Nvidia’s most advanced AI chip that still complies with U.S.…