Category: Latest News
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Citigroup Hits 52-Week High at $88.83 as Strategic Overhaul Gains Traction
Citigroup Inc. (NYSE:C) reached a new 52-week high of $88.83, signaling renewed investor confidence in the bank’s long-term vision and operational turnaround. With a market value of approximately $165.4 billion and a price-to-earnings ratio of 13.79, Citi is showing signs of sustained momentum. The stock has gained nearly 37% over the past year, and its…
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Carvana Shares Climb to 52-Week High of $352.12 Amid Strong Growth Momentum
Carvana Co. (NYSE:CVNA) has reached a new peak, with its stock touching a 52-week high of $352.12, pushing its market capitalization to approximately $75.6 billion. This milestone marks a dramatic rebound for the online used-car retailer, whose share price has skyrocketed by nearly 186% over the past 12 months. The surge reflects growing investor enthusiasm…
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Northern Dynasty Shares Rally on Progress in EPA Veto Negotiations
Shares of Northern Dynasty Minerals Ltd. (NYSE:NAK) surged 20% following the announcement that the company is actively negotiating a potential resolution with the U.S. Environmental Protection Agency (EPA) concerning the agency’s longstanding veto of its Pebble Project in Alaska. According to a court filing dated July 3, EPA representatives are reportedly open to re-evaluating prior…
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BlackRock Stock Surges to Record High Amid Strategic Expansion and Market Optimism
BlackRock Inc. (NYSE:BLK) has reached a new pinnacle, with its share price climbing to a record $1,084.48. This surge reflects a strong wave of investor confidence, pushing the asset management titan’s market capitalization to approximately $167.3 billion. Trading at a price-to-earnings ratio of 25.9x, BlackRock’s recent performance highlights its continued leadership in the global financial…
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Tapestry Inc Hits Record High as Coach Drives Strong Financial Performance
Tapestry Inc. (NYSE:TPR) shares surged to a record high of $90.89, reflecting growing investor confidence and marking a major milestone for the luxury fashion house. The stock has delivered a staggering 129.89% total return over the past year, fueled by strong brand performance and a solid financial foundation. Best known for its premium brands like…
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Tesla Sinks as U.S. Stocks Edge Lower Amid Uncertainty Over Trump Tariffs
U.S. stocks slipped on Monday, retreating from last week’s record highs as investors grew wary of President Donald Trump’s looming tariff decisions. As of 09:32 ET, the Dow Jones Industrial Average was down 95 points, or 0.2%, while the S&P 500 fell 22 points, or 0.4%. The NASDAQ Composite dropped 95 points, or 0.5%. All…
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Uber Shares Soar to Record High of $94.46
Uber Technologies Inc. (NYSE:UBER) has reached a new peak, with its stock climbing to an all-time high of $94.46, pushing the company’s market value close to $196 billion. Over the last 12 months, Uber’s shares have surged more than 31%, signaling strong investor confidence amid the company’s ongoing market strength. With annual revenues hitting $45.4…
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Dow Jones, S&P, Nasdaq, U.S. Stocks Slip on Trade Uncertainty; Tesla Shares Drop Sharply
U.S. stocks declined Monday amid rising uncertainty over President Donald Trump’s trade tariffs after last week’s record highs. By 9:32 a.m. ET, the Dow Jones fell 95 points (0.2%), the S&P 500 dropped 22 points (0.4%), and the Nasdaq slipped 95 points (0.5%). With the pause on Trump’s reciprocal tariffs nearing expiration and only preliminary…
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Globalstar Stock Climbs 5% Following Launch Agreement with SpaceX
Globalstar Inc. (NASDAQ:GSAT) shares rose 5% after the telecommunications infrastructure company announced a launch services agreement with SpaceX for its upcoming satellite deployment. Under the deal, Globalstar will use a SpaceX Falcon 9 rocket to launch satellites procured through a 2022 agreement with MDA. The launch is expected next year, following an initial launch scheduled…
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Ingram Micro Stock Drops 4% Amid Ransomware Attack Disrupting Operations
Ingram Micro Holding Corporation (NYSE:INGM) shares declined 4% in premarket trading after the technology distributor announced it is facing a system outage caused by a ransomware attack targeting certain internal systems. The company has taken swift measures to address the breach, including proactively shutting down affected systems and deploying other mitigation strategies. Ingram Micro is…