Category: Top Story
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U.S. Stocks Finish Choppy Trading Day Slightly Lower But Post Strong Weekly Gains
After trending higher over the past several sessions, stocks showed a lack of direction over the course of the trading day on Friday. The major averages spent the day bouncing back and forth across the unchanged line before eventually closing slightly lower. The S&P 500 (SPI:SP500) reached a new record intraday high in early trading…
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Dow, S&P 500 Reach New Record Closing Highs Ahead Of Christmas
Stocks showed a lack of direction early in the session but moved mostly higher over the course of the trading day on Wednesday. The major averages extended their winning streak to five days, with the Dow and the S&P 500 reaching new record closing highs. The major averages finished the day just off their highs…
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S&P 500 Reaches Record Closing High As U.S. Stocks Extend Upward Trend
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Tuesday. The major averages added to the gains posted over the past few sessions, with the S&P 500 (SPI:SP500) reaching a new record closing high. The S&P 500 and the Nasdaq ended the…
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Tech Stocks Help Lead Continued Upward Move On Wall Street
Extending the strong upward move seen over the two previous sessions, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside on the day following the mixed performance seen in the previous week. The major averages finished the day off their highs of the session but still firmly in…
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TomaGold Intercepts 6.68% ZnEq (1.57 g/t AuEq) over 48.05 Metres, including 39.03% ZnEq (9.15 g/t AuEq) over 2.90 Metres at Berrigan Mine and Identifies a Major Hydrothermal Footprint
Highlights Exploration ongoing: A Borehole EM survey is currently underway on the ground to identify new targets. Main High-Grade Intersections: Hole TOM-25-009 (from 156.70 m): 68% ZnEq (1.57 g/t AuEq) over 48.05 metres, including 39.03% ZnEq (9.15 g/t AuEq) over 2.90 metres and 21.86% ZnEq (5.12 g/t AuEq) over 5.40 metres. Hole TOM-25-009 (from 244.50 m): 44% ZnEq (1.27 g/t…
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U.S. Stocks Extend Rebound As Tech Leaders Continue To Recover
Stocks showed a strong move to the upside during trading on Friday, extending the significant rebound seen over the course of Thursday’s session. With the upward move, the major averages further offset the weakness seen earlier in the week. The tech-heavy Nasdaq reached new highs for the session going into the end of the day,…
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Nike Shares Slide 10% as Margin Pressures Overshadow Strong Q2 Results
Nike (NYSE:NKE) delivered fiscal second-quarter results that topped market expectations on both earnings and revenue, but concerns over shrinking margins and rising cost pressures triggered a sharp sell-off in the stock. The sportswear giant said improved performance in its North American business helped counter weaker demand in China, even as higher U.S. tariffs pushed up…
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Oracle Shares Surge on Momentum Around TikTok U.S. Deal and OpenAI Funding Talks
Oracle Corporation (NYSE:ORCL) shares climbed more than 5% in premarket trading on Friday after reports pointed to progress on a potential restructuring of TikTok’s U.S. business and renewed investor enthusiasm around artificial intelligence following fundraising discussions at OpenAI. According to media reports, TikTok owner ByteDance has agreed to divest more than 80% of the app’s…
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FedEx Beats Second-Quarter Forecasts on Efficiency Gains, Lifts Annual Guidance but Stock Dips
FedEx (NYSE:FDX) reported fiscal second-quarter results that exceeded market expectations on both earnings and revenue and increased its full-year outlook, pointing to firmer pricing, rising U.S. shipment volumes and continued progress on cost-saving initiatives. Despite the strong quarterly performance, the delivery group’s shares slipped 1.4% in premarket trading on Friday. Analysts suggested the market reaction…
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US Launches Review That Could Open Door to Nvidia AI Chip Exports to China
The Trump administration has begun an internal government review that may allow Nvidia (NASDAQ:NVDA) to resume shipping its advanced H200 artificial-intelligence chips to China, according to a Reuters report published Thursday, citing people familiar with the process. Nvidia’s shares gained 1.3% in premarket trading on Friday, rising by 04:23 ET, as investors reacted to the…