Category: Include on Menu
-

Netflix shares tumble 7% in premarket as Brazil tax charge hits margins
Netflix, Inc. (NASDAQ:NFLX) saw its stock drop more than 7% in U.S. premarket trading on Wednesday after reporting quarterly earnings that fell short of Wall Street expectations, mainly due to a one-time tax expense tied to a dispute in Brazil. The company emphasized that the issue “will not have a material effect on future results.”…
-

Apple cuts iPhone Air production after survey reveals weak demand
Apple Inc. (NASDAQ:AAPL) is said to be “drastically” scaling back production orders for its new iPhone Air and redirecting resources toward other models in the iPhone 17 lineup, according to a report from Nikkei citing unnamed industry sources. Apple shares slipped 0.7% in premarket trading in the U.S. The decision comes amid lower-than-expected consumer interest…
-

Tesla recalls nearly 13,000 vehicles over potential battery issue
Tesla, Inc. (NASDAQ:TSLA) is recalling 12,963 vehicles in the U.S. after discovering a fault in a battery pack component that could lead to a sudden loss of propulsion, according to a notice from the National Highway Traffic Safety Administration (NHTSA) on Wednesday. The recall applies to select 2025 Model 3 and 2026 Model Y vehicles.…
-

Dow Jones, S&P, Nasdaq, Wall Street Futures, Netflix’s margin shortfall; Tesla earnings ahead; gold rebounds – key market movers
U.S. stock futures hovered near flat territory early Wednesday, as traders awaited another round of quarterly earnings and weighed easing geopolitical optimism against mixed corporate results. By 03:39 ET, Dow futures were up 38 points, or 0.1%, S&P 500 futures gained 10 points, or 0.1%, and Nasdaq 100 futures were little changed. Futures steady ahead…
-

Dollar edges higher as gold rally cools; pound weakens on soft U.K. inflation data
The U.S. dollar rose modestly on Wednesday, supported by a pullback in gold prices and a firmer tone in markets ahead of key inflation data later this week. At 04:20 ET (08:20 GMT), the U.S. Dollar Index gained 0.1% to 98.795, extending its recovery after steep losses last week. Dollar firms ahead of U.S. CPI…
-

Gold steadies after heavy sell-off as trade optimism tempers safe-haven demand
Gold prices stabilized on Wednesday during the Asian session, pausing after a steep decline earlier in the day as easing U.S.–China trade tensions and hopes for progress in global negotiations reduced the appeal of the metal as a safe-haven asset. The move came after investors locked in profits from gold’s recent rally, while the market…
-

Oil gains over 2% as geopolitical risks and trade optimism lift sentiment
Crude oil prices climbed for a second straight session on Wednesday, advancing more than 2% as supply fears tied to sanctions and global tensions overshadowed recent weakness in demand. Optimism surrounding a potential U.S.-China trade agreement added an extra tailwind to the rally. As of 06:45 GMT, Brent futures rose $1.24, or 2.0%, to $62.56…
-

NEO Battery Materials is igniting the battery revolution in the West!
Drones, robotics, and e-mobility increasingly demand batteries with greater range, faster charging times, and lower costs. At the same time, the security of Chinese supply chains is deteriorating. This is precisely where NEO Battery Materials comes into play. With its silicon anodes (NBMSiDE®), the Company promises up to 70 per cent higher energy density at…
-

Dow Reaches Record Closing High But S&P 500, Nasdaq End Little Changed
After moving notably higher over the two previous sessions, stocks turned in a relatively lackluster performance during trading on Tuesday. The Nasdaq and the S&P 500 (SPI:SP500) spent the day bouncing back and forth across the unchanged line, although the narrower Dow showed a more significant increase to reach a new record closing high. The…
-

Bitcoin slips below $109K as rebound falters and “Uptober” optimism fades
Bitcoin (COIN:BTCUSD) extended its recent losses on Tuesday, slipping back below $109,000 after its weekend rally ran out of momentum, leaving the broader crypto market under pressure despite improving sentiment in traditional risk assets. By 09:26 ET (13:26 GMT), Bitcoin was down 2.3% at $108,820, leading declines across major cryptocurrencies even as investors grew more…