Category: Latest News
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Don’t Trade Without Seeing The Orderbook Here are some of the biggest premarket U.S. stock movers today: NetScout Systems Inc (NASDAQ:NTCT) tumbled about -23% in pre-market trading after the company cut its FY24 guidance. Dollar Tree Inc (NASDAQ:DLTR) gained more than +2% in pre-market trading after Goldman Sachs upgraded the stock to Buy from Neutral.…
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US Futures Flat, European Stocks Rise as Market Weighs Middle East Turmoil
U.S. futures for the S&P 500 were down 0.1% and futures for the Dow Jones Industrial Average were flat. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.1% in morning trading. Powszechny Zaklad Ubez rose 3.8% and Nemetschek added 3.7%. On the other hand,…
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Top Company News of the Day: Ericsson, Rio Tinto, Baidu, Ford
Ericsson Sheds Guidance, Warns on Networks Recovery Ericsson removed its key margin guidance beyond the fourth quarter of 2023 after warning that current uncertainties in its mobile networks business will persist into next year. Rio Tinto’s Aluminum, Copper Output Rises The company said mined copper output showed a 5% increase in the third quarter. Baidu…
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U.S. Stocks Move Mostly Higher Amid Optimism About Earnings
Stocks have moved sharply higher during trading on Monday, with the major averages all showing strong moves to the upside. The advance comes on the heels of the pullback seen over the two previous sessions. Currently, the major averages are just off their highs of the session. The Dow is up 344.60 points or 1.0…
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Crypto This Monday: Ferrari Will Expand Crypto Payments, Controversy With New KYC Hook on Uniswap v4, and More
Bitcoin rising monday morning on ETF approval hopes Bitcoin (COIN:BTCUSD) experienced an increase on Monday as hopes grow that a Bitcoin exchange-traded fund (ETF) may be approved soon. The price of Bitcoin rose above $28,000, reversing the losses from the previous week. The SEC’s decision not to appeal the Grayscale’s legal reversal to turn their…
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Earnings Optimism May Generate Early Buying Interest
US Market The major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to move back to the upside following the pullback seen over the two previous sessions. The upward momentum on Wall Street may reflect optimism about the strength of corporate results as earnings season starts to pick…
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Keep An Eye Out: Pre-Market Movers And Analyst Recommendations
Don’t Trade Without Seeing The Orderbook Here are some of the biggest premarket U.S. stock movers today: Rite Aid (NYSE:RAD) stock rose 4.5%, rebounding after Friday’s 17% drop, after the drugstore chain filed for Chapter 11 bankruptcy and announced it has received a commitment for $3.45 billion in new financing from some of its lenders.…
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North American Morning Briefing: Middle-East Conflict, Earnings Caution Weigh on Mood
Market Wraps Watch For: Canada Wholesale Trade for August; Canada Manufacturing Survey for August Today’s Top Headlines/Must Reads: – A Recession Is No Longer the Consensus – If the Economy Is So Strong, Why Are Consumer Stocks Tanking? – Home Sales on Track for Slowest Year Since Housing Bust Opening Call: Stock futures were modestly…
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US Futures, European Stocks Rise
U.S. futures for the S&P 500 were up 0.2% and futures for the Dow Jones Industrial Average rose 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 gained 0.2% in morning trading. Atos climbed 8.2% and Bank Polska Kasa Opieki rose 7.7%. On the other…
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Top Company News of the Day: News Corp, Albemarle, Rite Aid, Evergrande
Activist Builds News Corp Stake, Plans to Seek Changes Starboard believes the media company trades at a significant discount due to its structure. Albemarle’s $4.16 Billion Lithium Bet Scuttled by Australia’s Richest Person U.S. company cites difficulty of completing deal for Liontown Resources after Gina Rinehart bought large stake Rite Aid Files for Bankruptcy, Undone…