Category: Top Story
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Ford recalls 1.74 million vehicles in U.S. over rearview camera malfunction
Ford (NYSE:F) is recalling about 1.74 million vehicles in the United States because of a defect that may cause the rearview camera display to fail, potentially limiting the driver’s visibility behind the vehicle, the U.S. National Highway Traffic Safety Administration said Friday. According to the regulator, the issue affects certain Ford Bronco and Ford Edge…
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U.S. futures edge up as Middle East tensions persist; jobs report in focus: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to the main U.S. stock indices moved slightly higher on Friday as investors continued to evaluate the escalating conflict involving Iran, which has yet to show signs of easing. Oil prices remain on track for strong weekly gains amid concerns over supply disruptions through the crucial Strait of Hormuz. Meanwhile, markets are preparing…
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U.S. Stocks Give Back Ground As Crude Oil Prices Resume Surge
After turning in a strong performance in the previous session, stocks moved back to the downside during trading on Thursday. The major averages all moved lower, with the Dow slumping to its lowest closing level in well over two months. The major averages saw a notable recovery attempt in the final hour of trading but…
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Kroger issues cautious outlook as new CEO takes charge
Kroger (NYSE:KR) released its forecast for the current fiscal year, with guidance for both sales and profits coming in below Wall Street expectations as newly appointed CEO Greg Foran begins his tenure at a time of uncertainty around consumer spending. U.S. households continue to face several economic pressures, including elevated living costs, a labor market…
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Ferrari Group posts 3% revenue growth to €359.4m in FY25
Ferrari Group Plc (NYSE:RACE) reported preliminary full-year 2025 revenue of €359.4 million on Thursday, representing a 3.0% increase compared with the previous year, though the figure came in slightly below analyst forecasts of €360.6 million. On a constant currency basis, revenue grew 4.8%, falling short of the company’s medium-term growth target of 6% to 8%.…
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Robinhood unveils platinum credit card targeting affluent customers
Robinhood Markets Inc (NASDAQ:HOOD) on Wednesday introduced a new credit card designed for higher-income clients, marking another step in the company’s push to expand beyond its core trading platform and broaden its financial services offering. The company said the new Platinum card will carry an annual fee of $695 and will be issued through Visa…
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Tesla UK registrations slump in February while BYD records strong growth
Tesla Inc. (NASDAQ:TSLA) experienced a sharp decline in UK vehicle registrations in February, with sales falling 45.2% year over year to 2,208 units, according to figures released Wednesday by New Automotive. In contrast, Chinese electric vehicle manufacturer BYD Company Limited (USOTC:BYDDY) expanded its presence in the UK market, posting a 40.9% rise in sales to…
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US stock futures turn lower as oil price surge keeps Iran fears in play: Dow Jones, S&P, Nasdaq, Wall Street
U.S. stock index futures moved lower late Wednesday after a sharp rise in oil prices reignited worries about the inflationary effects of the Iran conflict. Futures erased earlier gains and slipped into negative territory following a positive trading day on Wall Street, where strong economic data and reports suggesting Iran was open to further dialogue…
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High volatility, electrifying opportunities! Stellantis, NEO Battery Materials, and DroneShield on the move
A drop of 1,000 points in the DAX, now that is quite something. It is not surprising that some stocks are no longer stable, but it also shows the relative stability compared to larger volatility swings. Experts refer to this relative market risk as the beta factor. The lower this value, the more stable the…
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U.S. Stocks Move Back To The Upside After Yesterday’s Weakness
Stocks moved mostly higher during trading on Wednesday, partly offsetting the weakness seen in the previous session. The major averages all moved to the upside on the day, with the tech-heavy Nasdaq leading the charge. The major averages ended the day off their highs of the session but still firmly positive. The Nasdaq jumped 290.79…