Category: Top Story
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Flat U.S. retail sales raise caution ahead of Wall Street open: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures pointed to a modestly weaker start on Tuesday, suggesting equities could give back some ground after two consecutive sessions of solid gains. Futures dipped after data from the Commerce Department showed U.S. retail sales unexpectedly stalled in December, raising concerns about the momentum of consumer spending. According to the report, retail…
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Apple and Google agree to app store reforms following UK competition scrutiny
Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) have agreed to introduce changes to their mobile app marketplaces aimed at improving fairness and transparency for developers, Britain’s competition watchdog said on Tuesday. The Competition and Markets Authority (CMA) said the undertakings mark an important early move under its strengthened regulatory framework. As part of the commitments, both companies…
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Globex Mining takes a very different approach to mineral exploration and development
Today we’re speaking with Globex Mining (TSX:GMX) (USOTC:GLBXF), a company that takes a very different approach to mineral exploration and development — one built on scale, diversification, and optionality. Globex holds more than 200 mineral properties, spanning dozens of commodities, across multiple jurisdictions. That breadth not only spreads risk for investors but also gives early…
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Cisco rolls out new chip to challenge rivals in booming AI infrastructure space
Cisco Systems (NASDAQ:CSCO) on Tuesday introduced a new chip and router designed to accelerate data movement inside large-scale data centres, marking a push to take on competitors such as Broadcom and Nvidia as spending on AI infrastructure surges toward an estimated $600 billion. The newly launched Silicon One G300 switch chip is slated for commercial…
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Mobix secures FAA drone platform certification, paving the way for commercial deployment
Mobix Labs (NASDAQ:MOBX) has received Federal Aviation Administration (FAA) certification for its next-generation drone‑based airborne sensing platform, a pivotal regulatory milestone and officially moving the program from development into commercial execution. Following the FAA’s approval, Mobix Labs has begun expanding real‑world field operations and initiating customer pilot programs. The certification enables the company to broaden operations…
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Tech Bounce Holds Attention as Earnings Roll In; U.S. Retail Sales Awaited: Dow Jones, S&P, Nasdaq, Wall Street Futures
Futures tied to the main U.S. equity benchmarks were little changed on Tuesday as investors weighed a recent rebound in technology shares against a packed earnings calendar and key U.S. economic data due later this week. Results are scheduled from a range of blue chips, including CVS Health (NYSE:CVS) and Coca-Cola (NYSE:KO). Elsewhere, Japan’s Nikkei…
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Nasdaq Moves Sharply Higher, Dow Inches Up To New Record Closing High
Stocks moved mostly higher over the course of the trading day on Monday, extending the strong upward move seen last Friday’s session. While the Dow crept up to a new record closing high, the tech-heavy Nasdaq showed a more notable move to the upside. The major averages all finished the day in positive territory. The…
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Micron Shares Slide After Report on Samsung’s Faster HBM4 Production Plans
Micron Technology (NASDAQ:MU) shares fell about 3.2% on Monday after reports indicated that rival Samsung Electronics is set to begin mass production of next-generation high-bandwidth memory chips sooner than previously expected. According to South Korea’s Yonhap News Agency, Samsung plans to start large-scale production of HBM4 chips as early as this month. The components are…
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Novo Nordisk Takes Legal Action Against Hims & Hers Over Compounded Semaglutide
Novo Nordisk (NYSE:NVO) has filed a patent infringement lawsuit against telehealth provider Hims & Hers (NYSE:HIMS) in the United States, targeting the company’s sale and promotion of compounded semaglutide products, according to a statement from the Danish drugmaker. Novo Nordisk alleges that Hims & Hers violated U.S. Patent 8,129,343 by marketing compounded versions of semaglutide…
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Wall Street Faces Potential Volatility as Key Economic Reports Approach: Dow Jones, S&P, Nasdaq, Futures
U.S. stock index futures are signaling a largely flat start to trading on Monday, suggesting markets may struggle to find clear direction after the strong rebound seen at the end of last week. Investors appear to be pausing to digest recent market swings, which included a sharp, technology-led selloff midweek followed by a powerful recovery…