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Home Depot Maintains 2025 Forecast, Shares Early Expectations for 2026
Home Depot Inc. (NYSE:HD) reiterated its fiscal 2025 outlook and offered initial guidance for fiscal 2026 during its investor conference on Tuesday. For 2025, the retailer continues to anticipate roughly 3% growth in total sales, with comparable sales turning slightly positive on a comparable 52-week basis. The company still expects a fiscal 2025 gross margin…
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U.S. Solar Capacity Jumps 49% in Q3 as Installations Accelerate
The U.S. solar sector added 11.7 gigawatts of new capacity in the third quarter, a sharp 49% increase from the previous three months, according to a report published Tuesday by the Solar Energy Industries Association and Wood Mackenzie. Solar accounted for the majority of new electricity-generation additions this year, contributing 58% of all capacity brought…
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Oil Slips as Traders Track Ukraine Peace Efforts and Await Fed Decision
Crude prices ticked lower on Tuesday, adding to the sharp 2% decline seen at the start of the week, as markets weighed renewed peace discussions over Russia’s war in Ukraine, concerns about abundant supply, and the approaching U.S. interest rate decision. By 0717 GMT, Brent crude futures dipped 7 cents, or 0.1%, to $62.42 a…
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Gold Holds Steady as Traders Await Fed Decision; Silver Trades Close to Record Peaks
Gold prices were little changed during Asian trading on Tuesday, with investors adopting a cautious stance ahead of this week’s Federal Reserve meeting, where another interest rate cut is widely expected. Although gold has shown some softness in early December, the metal remains supported by a four-month streak of strong gains driven by optimism over…
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Dollar Steadies Ahead of Fed Decision as Euro Firms and Aussie Advances
The U.S. dollar showed little movement on Tuesday as traders awaited the final Federal Reserve meeting of the year, while the Australian dollar strengthened after a more hawkish tone from the Reserve Bank of Australia. At 04:00 ET (09:00 GMT), the Dollar Index — which tracks the greenback against a basket of six major currencies…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Fed Meeting Begins; Paramount Escalates WBD Battle: Here’s What’s Moving Markets
U.S. equity futures were pointing modestly higher early Tuesday as traders braced for what could be a highly debated Federal Reserve decision on Wednesday. Markets were also digesting a dramatic new twist in the bidding war for Warner Bros Discovery (NASDAQ:WBD), fresh policy news affecting Nvidia (NASDAQ:NVDA), and another small pullback in Bitcoin (COIN:BTCUSD). Futures…
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Stellantis and Bolt Team Up to Roll Out Autonomous Mobility Services Across Europe
Stellantis NV (NYSE:STLA) and Bolt have announced a new partnership aimed at bringing large-scale driverless mobility solutions to European cities, with pilot programs scheduled to launch in 2026 and full industrial production targeted for 2029. The initiative is designed to speed up the adoption of autonomous vehicles across the continent, leveraging the strengths of both…
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Ford Looks to Renault to Reinforce Its European Operations as Chinese Rivals Gain Ground
Ford (NYSE:F) has enlisted Renault (EU:RNO) as a strategic partner in an effort to strengthen its European business at a time when Chinese automakers are rapidly expanding their global presence. “We know we’re in a fight for our lives in our industry, and no better example than here in Europe,” Ford Chief Executive Officer Jim…
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EU Opens Antitrust Investigation into Google’s AI Practices
The European Union has initiated a formal antitrust probe into Alphabet’s (NASDAQ:GOOG) Google, examining whether the company’s conduct in the artificial intelligence space may be harming competition. In a statement released Tuesday, the European Commission said it is assessing whether Google has been imposing unfair terms on publishers and content creators, potentially restricting their ability…
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U.S. Stocks Close Modestly Lower As Fed Meeting Looms
Stocks moved to the upside at the start of trading on Monday but moved lower over the course of the trading session. The major averages pulled back off their early highs and into negative territory. The major averages staged a short-lived recovery attempt in mid-day trading but all ended the day in the red. The…