Category: Top Story
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Dow Jones, S&P, Nasdaq, Wall Street Futures, Markets Steady Ahead of Waller Speech; Lennar Disappoints, Micron in Focus
U.S. equity futures are trading cautiously as investors continue to digest recently released labor market data. Attention is turning to remarks from Federal Reserve Governor Christopher Waller, who is set to speak publicly for the first time since the central bank delivered an interest rate cut last week. In corporate news, shares of homebuilder Lennar…
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Transitioning the Cariboo Gold Project from developer to producer
In this episode of the Capital Compass we’re joined by one of the most recognized names in the mining industry — Sean Roosen — one of the original founders of Osisko Mining and the builder behind one of Canada’s most successful modern gold stories with Canadian Malartic. Sean is now leading Osisko Development (TSXV:ODV) (NYSE:ODV), which…
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U.S. Stocks Close Mixed Following Another Choppy Session
Following the lackluster performance seen in the previous session, stocks continued to experience choppy trading on Tuesday. The major averages fluctuated over the course of the trading day before eventually closing on opposite sides of the unchanged line. While the tech-heavy Nasdaq rose 54.05 points or 0.2 percent to 23,111.46, the S&P 500 slipped 16.25…
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Morgan Stanley Sees Compelling Value in Defense Stocks Ahead of 2026
Morgan Stanley believes U.S. defense equities present an attractive opportunity heading into 2026, arguing that current share prices do not adequately capture the outlook for continued expansion in U.S. defense spending, even amid ongoing political uncertainty. In a sector outlook, analyst Kristine Liwag said the bank views the group as undervalued, noting that it “provides…
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Dow Jones, S&P, Nasdaq, Wall Street Futures, U.S. Markets Seen Treading Water After Mixed Employment Signals
U.S. stock index futures pointed to a largely flat start on Tuesday, suggesting Wall Street could struggle to find clear direction after closing the previous session slightly lower following volatile trading. Investors appear cautious as they assess a mixed set of U.S. labor market figures, making it difficult to draw firm conclusions about the strength…
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Smartphone Shipments Seen Falling in 2026 as Higher Chip Costs Weigh on Demand
Global smartphone shipments are expected to decline by 2.1% in 2026, as rising semiconductor costs begin to dampen consumer demand, according to a report released Tuesday by technology research firm Counterpoint. Electronics supply chains have recently been grappling with shortages of so-called legacy memory chips. Chipmakers have increasingly redirected capacity toward advanced memory used in…
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Pfizer Sets Out 2026 Outlook, Signalling Softer Revenue and Earnings
Pfizer Inc. (NYSE:PFE) has released its financial outlook for 2026, forecasting revenue in a range of $59.5 billion to $62.5 billion and adjusted diluted earnings per share between $2.80 and $3.00. At the same time, the pharmaceutical group updated its guidance for 2025, now expecting revenue of about $62.0 billion, compared with its earlier forecast…
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BofA Selects Estée Lauder as Its Leading Beauty Stock for 2026
Bank of America has identified Estée Lauder Companies (NYSE:EL) as its preferred beauty stock for 2026, highlighting growing confidence in the company’s turnaround efforts alongside a more favorable outlook for the sector. In a research note maintaining a Buy recommendation, BofA analyst Ashley Wallace said the bank has lifted its price target on the shares…
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Kraft Heinz Appoints Steve Cahillane as CEO Starting January 2026
The Kraft Heinz Company (NASDAQ:KHC) said Steve Cahillane will take over as chief executive officer effective January 1, 2026. Current CEO Carlos Abrams-Rivera will step down at that time and remain with the company in an advisory role through March 6, 2026. Cahillane will also join Kraft Heinz’s Board of Directors and assume leadership of…
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Ford to Recall More Than 32,000 Vehicles in U.S. Over Potential Power Loss
Ford Motor (NYSE:F) is set to recall 32,160 vehicles across the United States after regulators identified a defect that could heighten the risk of accidents, according to the National Highway Traffic Safety Administration. The U.S. safety agency said on Tuesday that the affected vehicles may suffer a loss of drive power, a condition that could…