Category: Top Story
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Bargain buying may help Wall Street stage an early rebound: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a modestly higher open on Tuesday, suggesting equities could recover some of the losses recorded in the previous session’s sharp sell-off. Investors may be drawn back into the market by lower valuations following Monday’s decline, which pushed the Dow to its weakest closing level in a month. Still, any…
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Home Depot posts stronger-than-expected Q4 comparable sales growth
Home Depot (NYSE:HD) reported an unexpected rise in fourth-quarter comparable sales, signaling resilient U.S. demand even amid limited storm activity and an uncertain operating environment. The home-improvement retailer said same-store sales increased 0.4% during the period, outperforming Bloomberg consensus expectations that had called for a 0.36% decline. In the United States, comparable sales edged up…
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Novo Nordisk shares extend losses following analyst downgrades
Novo Nordisk (NYSE:NVO) continued to face selling pressure after JPMorgan downgraded the stock to Neutral from Overweight, citing disappointing late-stage REDEFINE-4 trial results for its obesity treatment CagriSema, which indicated weaker competitiveness compared with Eli Lilly’s (NYSE:LLY) Zepbound. The bank also reduced its price target to 250 Danish crowns from 350, while analysts at Deutsche…
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Tesla EU registrations drop 17% in January as market share slips
Tesla (NASDAQ:TSLA) recorded a decline in new vehicle registrations across the European Union in January, with sales falling year-on-year even as the region continued shifting toward electrified vehicles, according to industry data released Tuesday. The U.S. electric vehicle manufacturer registered 8,075 cars in the EU during the month, down from 9,733 units a year earlier.…
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FedEx files lawsuit seeking repayment of Trump-era emergency tariffs
Logistics giant FedEx (NYSE:FDX) has launched legal action against the United States government, filing a lawsuit on Monday in the U.S. Court of International Trade to recover payments made under President Donald Trump’s emergency tariff measures. The case marks one of the most prominent attempts so far to reclaim funds after the U.S. Supreme Court…
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AI disruption concerns and new Trump tariffs dominate market focus; key earnings ahead: Dow Jones, S&P, Nasdaq, Wall Street Futures
U.S. equity futures traded cautiously on Tuesday as investors weighed concerns over artificial intelligence–driven disruption while preparing for a busy week of corporate earnings. Sentiment was also shaped by the implementation of President Donald Trump’s new 10% global tariffs following a Supreme Court ruling that invalidated earlier emergency trade measures. Meanwhile, Paramount Skydance (NASDAQ:PSKY) has…
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Three hot stocks for the upcoming uranium boom: Cameco, Stallion Uranium, and Uranium Energy
The global hunger for energy is growing – and uranium is back in the spotlight. Artificial intelligence, data centers, and mounting climate pressure are driving a renewed commitment to nuclear power worldwide. Investors looking to benefit from this trend are increasingly turning to uranium-focused companies. Three names stand out: Cameco, the Canadian market leader; Uranium…
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Renewed Tariff Uncertainty Contributes To Sell-Off On Wall Street
After turning in a strong performance last week, stocks moved sharply lower during trading on Monday. The major averages all showed significant moves to the downside, with the Dow tumbling to its lowest closing level in a month. The major averages ended the day off their lows of the session but still firmly negative. The…
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Warner Bros. Discovery shares gain after report of higher takeover bid
Warner Bros. Discovery (NASDAQ:WBD) shares edged 1.5% higher on Monday after a media report indicated that Paramount is preparing to submit a revised acquisition proposal valuing the company at $32 per share. According to Variety, sources familiar with the matter said Paramount Skydance, led by David Ellison, is expected to increase its offer from a…
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Shutterstock shares rise after DOJ approves Getty Images merger
Shutterstock (NYSE:SSTK) shares climbed about 5% on Monday, while Getty Images (NYSE:GETY) gained 7%, after the U.S. Department of Justice granted antitrust clearance for the companies’ proposed merger of equals. The DOJ completed its review and allowed the waiting period under the Hart-Scott-Rodino Act to expire without imposing conditions, the companies said, marking a key…