Category: Latest News
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Nike shares fall in premarket despite earnings beat as China weakness and margin pressure persist
Nike (NYSE:NKE) reported quarterly results on Tuesday that exceeded expectations on both earnings and revenue, but the report highlighted ongoing softness in the important Greater China market along with declining gross margins. Shares of the Dow 30 component dropped more than 9% in premarket trading Wednesday, changing hands at $47.88 by 04:17 ET. The results…
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Tesla registrations rebound in Europe as early March data show strong growth
Tesla (NASDAQ:TSLA) appears to be seeing another solid month for vehicle deliveries in Europe, with early registration data showing sharp increases in several markets including France and Denmark. The electric vehicle maker sold 17,664 units in February, representing 11.8% year-on-year growth, and preliminary figures emerging from March across Europe suggest that sales momentum is continuing.…
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Oil stocks slide as crude drops after Trump signals potential end to Iran war
Oil prices and shares of major energy producers declined on Wednesday after Donald Trump indicated the conflict in Iran could end within “two to three weeks.” Brent crude dropped to as low as $98.35 per barrel before recovering part of its losses to trade back above $102, as investors assessed the possibility that the conflict—which…
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Futures edge higher while oil drops on hopes of Iran war de-escalation — what’s driving markets: Dow Jones, S&P, Nasdaq, Wall Street
U.S. equity futures moved higher on Wednesday as investors grew more optimistic that Washington may be preparing to step back from the conflict in Iran. Oil prices also slipped below $100 per barrel, though they remain significantly above levels seen before the war began. Meanwhile, shares of Nike (NYSE:NKE) declined in after-hours trading following earnings,…
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Laser Photonics: Disrupting Traditional Material Processing
Ricki: Hello, I’m Ricki Lee, and this is the Capital Compass. Today we’re speaking with Laser Photonics (NASDAQ:LASE) in NASDAQ Listed company operating in high growth industrial markets with proprietary laser technologies that are disrupting traditional material processing methods from laser marking systems to precision industrial applications. The company is expanding across multiple verticals, securing…
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Hopes of Iran War Resolution Spark Broad Rally on Wall Street
U.S. stocks surged on Tuesday as reports that President Trump is willing to end the military campaign in Iran triggered a wave of buying across every major sector. The news sent oil prices retreating from recent highs and pushed the fear gauge sharply lower, giving investors their best session in weeks and snapping a streak…
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Meta introduces prescription-ready AI glasses starting at $499
Meta (NASDAQ:META) on Tuesday unveiled two new AI-powered smart glasses designed for users who require prescription lenses: the Ray-Ban Meta Blayzer Optics (Gen 2) and the Ray-Ban Meta Scriber Optics (Gen 2). The new models include features such as overextension hinges, interchangeable nose pads, and adjustable temple tips to improve comfort and fit for prescription…
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Amazon unveils new business credit cards in partnership with U.S. Bank
Amazon (NASDAQ:AMZN) said it will roll out new Prime Business and Amazon Business credit cards this spring, shifting its partnership from American Express to U.S. Bank (USB) and the Mastercard (MA) payment network. Under the new structure, the Prime Business Card will offer 5% cash back on Amazon purchases for Prime members, while the Amazon…
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CoreWeave shares rise after closing $8.5B financing facility
CoreWeave (NASDAQ:CRWV) shares gained about 6% on Tuesday after the company announced the completion of an $8.5 billion delayed draw term loan facility, alongside broader strength across technology stocks. The financing received investment-grade ratings of A3 from Moody’s and A (low) from DBRS, marking what the company described as the first investment-grade-rated financing tied to…
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Momentus deploys Vigoride 7 spacecraft carrying 10 payloads on SpaceX mission
Momentus Inc. (NASDAQ:MNTS) announced that its Vigoride 7 Orbital Service Vehicle has been successfully deployed after launching aboard SpaceX’s Transporter-16 mission on March 30. The spacecraft separated from the Falcon 9 rocket at an altitude of roughly 500 kilometers. Following deployment, the vehicle’s 1.6-kilowatt solar arrays successfully unfolded and are now supplying power to the…