Category: Top Story
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Nasdaq Hits Record Close as Cooling Oil and Rate Hike Fears Lift Wall Street
U.S. stocks finished higher on Monday, with the Nasdaq Composite setting a new record as technology shares led the way. Investors found comfort in a pullback in oil prices and in expectations that the Federal Reserve is less likely to raise interest rates this month, after Friday’s jobs report showed hiring slowed more than expected…
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US Stock Futures Flat as Investors Await Services Data and Fed Minutes: Dow Jones, S&P, Nasdaq, Wall Street
US stock index futures pointed to a broadly flat open on Monday as investors assessed recent volatility in Treasury yields and awaited economic data that could influence expectations for Federal Reserve policy. The yield on the benchmark 10-year Treasury note was little changed after recently reaching multi-decade highs. Attention is expected to turn to the…
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Morgan Stanley Reiterates $300 SpaceX Target, Citing Growth-Adjusted Valuation
SpaceX (NASDAQ:SPCX) trades at a discount to other large-cap AI-related companies when its expected growth is taken into account, according to Morgan Stanley analyst Adam Jonas, who reiterated an Overweight rating and $300 price target on the stock. Jonas described SpaceX as “cheap and getting cheaper” on a growth-adjusted basis, despite the shares trading at…
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Intel Shares Fall as TSMC Discusses Potential Terafab Collaboration
Intel (NASDAQ:INTC) shares fell more than 4% in pre-market trading on Monday following reports that TSMC is discussing a potential collaboration with Elon Musk’s Terafab semiconductor project in Texas. Intel joined the Terafab project in April 2026, when its next-generation 14A node was named as the project’s sole manufacturing process technology. TSMC’s US-listed shares rose…
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Harley-Davidson Shares Rise After Citi Upgrades Stock to Buy
Harley-Davidson (NYSE:HOG) shares rose 3.8% in pre-market trading after Citi upgraded the motorcycle maker to Buy from Neutral and increased its price target to $33 from $31. The upgrade follows a period in which Citi had maintained a Neutral rating on Harley-Davidson during much of 2026. The shares were trading around $25.48 following the pre-market…
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Five Market Themes to Watch This Week as Bond Yields and Fed Policy Stay in Focus
Government bond yields, Federal Reserve policy and US economic data are among the main issues facing investors this week, alongside corporate results that could provide further indications about consumer spending. Minutes from the Federal Reserve’s September meeting are due on Wednesday, while US services-sector data will offer an update on economic activity. Levi Strauss (NYSE:LEVI)…
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US Stock Futures Edge Lower as Investors Assess Rates, Middle East Developments and Oil Prices: Dow Jones, S&P, Nasdaq, Wall Street
US stock futures moved slightly lower on Monday as investors assessed the outlook for Federal Reserve interest rates, developments in the Middle East and a decline in oil prices. At 02:58 ET (06:58 GMT), Dow futures were down 33 points, or 0.1%, while S&P 500 futures declined 9 points, or 0.1%. Nasdaq 100 futures also…
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Strategic Player in the Future of New Zealand Energy
New Zealand Energy CEO Toby Pierce discusses the company’s Taranaki production portfolio, Tariki gas storage project and upcoming growth milestones. Ricki: What happens when a depleted gas field gets a second life — not just as a source of energy, but as infrastructure designed to help secure an entire country’s energy supply? Today we’re looking…
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Oppenheimer Says AI Software Spending Is Shifting Towards Measurable Returns
Oppenheimer said enterprise artificial intelligence spending is moving from an experimentation phase towards a greater focus on return on investment, with businesses increasingly evaluating AI based on measurable financial and operational outcomes. According to the firm’s research, AI is becoming a recurring operating expense for companies, with chief financial officers assessing investment in the technology…
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Adobe Forecasts 130% Surge in AI-Driven Retail Traffic During US Holiday Season
Adobe forecasts that traffic from artificial intelligence tools to US retail websites will increase 130% during the upcoming holiday shopping season, exceeding expected growth from paid search and social media referrals. AI-referred traffic is projected to rise 159% year over year on Thanksgiving, 95% on Black Friday and 88% on Cyber Monday, according to Adobe.…