Author: Matthew Collom

  • SEGG Media Takes Strategic Stake in Veloce Media Group to Expand in Esports, Motorsports, and Digital Content

    SEGG Media Takes Strategic Stake in Veloce Media Group to Expand in Esports, Motorsports, and Digital Content

    SEGG Media Corporation (NASDAQ:SEGG), formerly known as Lottery.com Inc., has announced a major investment in Veloce Media Group, a fast-growing digital platform at the crossroads of sports, gaming, and entertainment. The move is part of SEGG’s wider strategy to build a dominant presence in immersive and next-generation media. The partnership will be overseen by Sports.com,…

  • Stock Market Wrap: S&P 500 Slips Amid Inflation Concerns, Mixed Bank Earnings

    Stock Market Wrap: S&P 500 Slips Amid Inflation Concerns, Mixed Bank Earnings

    The S&P 500 ended lower on Tuesday as strength in the tech sector, led by Nvidia, failed to outweigh weakness in financial stocks. Mixed earnings results from major U.S. banks and fresh inflation data added to investor uncertainty. At the close of trading, the Dow Jones Industrial Average dropped 436 points, or 1%, the S&P…

  • U.S. Stocks Tick Higher as Investors Weigh CPI Data and Bank Earnings

    U.S. Stocks Tick Higher as Investors Weigh CPI Data and Bank Earnings

    U.S. equities inched higher on Tuesday as investors processed fresh inflation data and a wave of bank earnings that kicked off the second-quarter reporting season. As of 09:35 ET, the Dow Jones Industrial Average rose 25 points, or 0.1%, the S&P 500 gained 25 points, or 0.4%, and the NASDAQ Composite advanced 165 points, or…

  • Stock Market Today: S&P 500 Edges Higher as Trump Signals Openness to Tariff Deals

    Stock Market Today: S&P 500 Edges Higher as Trump Signals Openness to Tariff Deals

    The S&P 500 closed slightly higher on Monday after President Donald Trump signaled he was open to negotiating trade agreements, including with key partners like the European Union. The comments boosted investor confidence that a global trade war could still be avoided. By 4:00 p.m. ET, the Dow Jones Industrial Average had gained 88 points,…

  • U.S. Stocks Dip as Trump Escalates Trade War; CPI and Earnings in Spotlight

    U.S. Stocks Dip as Trump Escalates Trade War; CPI and Earnings in Spotlight

    U.S. stocks slipped Monday as investors reacted to renewed trade tensions, after President Donald Trump announced 30% tariffs on imports from Mexico and the European Union—heightening concerns over an expanding trade war. As of 09:35 ET, the Dow Jones Industrial Average was down 80 points, or 0.2%. The S&P 500 declined 10 points, or 0.1%,…

  • Market Recap: S&P 500 Posts Weekly Loss as Trade War Fears Resurface

    Market Recap: S&P 500 Posts Weekly Loss as Trade War Fears Resurface

    U.S. markets ended lower on Friday, with the S&P 500 logging a weekly decline amid growing concerns over a renewed global trade war. Investor sentiment soured following President Donald Trump’s announcement of a 35% tariff on Canadian imports, set to take effect on August 1. At the close of trading, the Dow Jones Industrial Average…

  • U.S. Stocks Edge Lower Amid Uncertainty Over Trump Tariffs

    U.S. Stocks Edge Lower Amid Uncertainty Over Trump Tariffs

    U.S. stocks slipped slightly on Thursday, giving back some of the strong gains from the previous session as investors weighed new tariff announcements from former President Donald Trump and fresh labor market data. As of 09:35 ET, Dow Jones futures dropped 80 points (0.2%), S&P 500 futures fell 4 points (0.1%), and Nasdaq 100 futures…

  • Nasdaq Hits Record Close as Nvidia Surges Past $4 Trillion Market Cap

    Nasdaq Hits Record Close as Nvidia Surges Past $4 Trillion Market Cap

    U.S. stocks closed at record highs Wednesday, with the Nasdaq leading the charge after Nvidia became the first chipmaker to cross a $4 trillion valuation. The tech rally helped offset market concerns over President Donald Trump’s latest round of tariffs. As of 4:00 pm ET, the Nasdaq Composite 100 Futures rose 0.95% to close at…

  • U.S. Stocks Rebound as Markets Focus on Tariffs and Fed Minutes

    U.S. Stocks Rebound as Markets Focus on Tariffs and Fed Minutes

    U.S. stocks bounced back on Wednesday after two days of losses, as investors digested the latest developments in global trade negotiations and anticipated the release of minutes from the Federal Reserve’s most recent meeting. As of 05:35 ET, the Dow Jones Industrial Average climbed 200 points (0.5%), the S&P 500 rose 30 points (0.5%), and…

  • Markets Today: S&P 500 Slips as Tariff Concerns Weigh on Sentiment

    Markets Today: S&P 500 Slips as Tariff Concerns Weigh on Sentiment

    U.S. stocks closed mostly lower Tuesday as investors digested the economic implications of President Donald Trump’s latest round of tariff threats. The S&P 500 dipped 0.1%, while the Dow Jones Industrial Average fell 165 points, or 0.4%. The Nasdaq eked out a modest gain of 0.03%. Tariff Tensions Escalate President Trump reaffirmed his administration’s commitment…