Category: Top Story
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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…
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CrowdStrike tops Q4 expectations, provides steady outlook for fiscal 2027
CrowdStrike (NASDAQ:CRWD) reported fourth-quarter results that exceeded Wall Street forecasts and issued guidance for fiscal 2027 that was broadly in line with market expectations, as investors continue to assess the impact of artificial intelligence on the software sector. Shares of the cybersecurity company rose 1.4% in U.S. premarket trading on Wednesday. The stock has declined…
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Moderna agrees up to $2.25 billion settlement in COVID vaccine patent dispute
Moderna (NASDAQ:MRNA) has reached a settlement worth up to $2.25 billion with Genevant Sciences, a subsidiary of Roivant Sciences (NASDAQ:ROIV), and Arbutus Biopharma (NASDAQ:ABUS), resolving a patent dispute tied to its COVID-19 vaccine. The agreement brings to an end multiple legal cases in the United States and internationally that alleged Moderna used lipid nanoparticle (LNP)…
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Novo Nordisk gains after FDA issues warnings to telehealth firms over compounded GLP-1 drugs
Shares of Novo Nordisk (NYSE:NVO) climbed more than 3% on Wednesday after the U.S. Food and Drug Administration sent warning letters to 30 telehealth companies over false or misleading marketing of compounded GLP-1 medications, including versions of the company’s semaglutide and Eli Lilly’s tirzepatide. According to the FDA, the companies breached regulations by promoting compounded…
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U.S. Futures Slip While Oil Climbs as Iran Conflict Intensifies — Key Market Drivers: Dow Jones, S&P, Nasdaq, Wall Street
Futures tied to major U.S. stock indices moved slightly lower as clashes between Iranian forces and a joint U.S.–Israeli campaign continued to escalate across the Middle East. Oil prices pushed higher as shipping activity through the Strait of Hormuz — a critical route for global oil and gas transport — has nearly come to a…
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Drones over Dubai! NEO Battery Materials is the hidden gem for the drone supercycle and more!
Current developments in the Middle East are showing the world, with depressing clarity, how much warfare has changed. Images over the weekend from Dubai, Qatar, and other major cities demonstrate the destructive potential of drones – precise, difficult to defend against, and often deployed with comparatively limited resources. It is evident that drones will not…
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U.S. Stocks Climb Well Off Worst Levels But Still Close Notably Lower
After another sell-off at the start of trading on Tuesday, stocks once again staged a recovery attempt but did have as much success as Monday and still ended the day notably lower. While the major averages climbed well off their worst levels of the day, they remained firmly in negative territory. The Dow ended the…