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Robinhood Introduces AI Tools, Perpetual Futures and 24/7 Equity Trading
Robinhood Markets (NASDAQ:HOOD) introduced a series of new products for active traders at its annual Summit event, including artificial intelligence tools, perpetual futures and expanded round-the-clock equity trading. Deutsche Bank maintained its Buy rating and $134 price target on Robinhood following the company’s “Engines of Creation” event, which was held on Monday and Tuesday. Chief…
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General Mills Names Dana McNabb as CEO From January 2027
General Mills (NYSE:GIS) has appointed Chief Operating Officer Dana McNabb as its next chief executive officer, succeeding Jeff Harmening from January 1, 2027. The company’s board of directors unanimously elected McNabb to the position, while Harmening will transition to executive chair of the board on the same date. McNabb has worked at General Mills for…
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HPE Shares Rise 4.5% After Networking Outlook Upgrade and $1.2 Billion Vultr AI Deal
Hewlett Packard Enterprise (NYSE:HPE) shares rose 4.5% on Wednesday after the company raised its long-term networking revenue outlook and announced a $1.2 billion artificial intelligence systems agreement with cloud provider Vultr. The Vultr agreement represents the first major order for AMD Helios AI Rack by HPE systems. The infrastructure is scheduled to be deployed across…
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How Grid Metals is building the world’s next critical minerals lifeline
If a savvy investor were asked to name the industries a society needs to flourish, they might mention fossil fuels, renewable energy, defense, manufacturing and advanced technologies, such as AI, electronics and medical equipment, each carefully chosen to ensure a strong sense of national security and environmental sustainability, such that the brightest minds would be…
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Apple iPhone 18 Pro China Launch-Week Sales Rise 12%, Counterpoint Says
Apple’s (NASDAQ:AAPL) iPhone 18 Pro series recorded a 12% year-on-year increase in China sales during its first week of availability, helping the company take the largest share of the country’s smartphone market, according to Counterpoint Research. Apple accounted for 33% of smartphone sales in China during Week 38, covering September 14 to September 20, despite…
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Boeing Wins $20 Billion U.S. Navy Next-Generation Fighter Development Contract
Boeing (NYSE:BA) has been selected to develop the U.S. Navy’s next-generation stealth fighter under a contract valued at $20 billion, giving the company its second major sixth-generation fighter programme following its selection for the U.S. Air Force’s F-47. The Pentagon announced the F/A-XX decision on Tuesday, with Boeing selected ahead of Northrop Grumman (NYSE:NOC). The…
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Truist Assesses Potential Impact of Meta Muse AI Agent on Online Travel Agencies
Meta Platforms’ (NASDAQ:META) newly launched Muse artificial intelligence agent has increased investor attention on online travel agencies because of the application’s ability to book travel, according to analysts at Truist. The brokerage said previously launched large language models appeared to have had a limited effect on online travel agencies’ share of bookings. However, Truist said…
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Grid Metals: Unlocking a New Cesium Opportunity at Falcon West
Grid Metals CEO Robin Dunbar discusses Falcon West, its emerging cesium resource and the company’s critical minerals strategy in Manitoba. Ricki: Cesium is one of the world’s rarest critical metals, and chances are it’s probably not one that’s been on many investors’ watch lists. Hello, I’m Ricki Lee, and this is the Capital Compass. Today,…
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Oil Prices Rebound as Middle East Supply Concerns Persist Despite Recovering Exports
Oil prices moved higher on Wednesday, recovering after a sharp decline in the previous session as investors assessed improving Middle East export flows alongside continuing concerns about disruptions to shipments through the Strait of Hormuz. At 05:06 ET, benchmark Brent crude futures for November delivery were up 1.0% at $103.64 per barrel, while U.S. West…
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Gold Heads for Monthly Decline as Investors Await U.S. PCE Inflation Data
Gold prices moved slightly higher on Wednesday but remained on course for a monthly decline as investors awaited U.S. inflation data closely monitored by the Federal Reserve. At 05:28 ET, spot gold was up 0.1% at $4,187.64 an ounce, while gold futures gained 1.0% to $4,219.30 an ounce. Despite Wednesday’s gains, spot gold has declined…