ADVFN US – Market Content Editor
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Oil Prices Hold Steady Amid Israel-Hamas Ceasefire Talks and Unexpected U.S. Inventory Increase
During Wednesday’s Asian trading session, oil prices remained largely unchanged as optimism grew over a possible Israel-Hamas ceasefire, following remarks by U.S. President Donald Trump. However, the positive sentiment was tempered by data revealing an unexpected rise in U.S. crude oil inventories, which raised concerns among traders. Market participants are now looking ahead to the…
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Market Movers Today -Senate Passes Trump’s Fiscal Bill; ADP Jobs Report in Focus
U.S. stock futures are pointing higher after the Senate approved a massive fiscal bill closely tied to former President Donald Trump’s legislative agenda. The bill now heads to the House of Representatives, where Republicans are racing against a self-imposed July 4 deadline to get it signed into law. Meanwhile, investors are looking ahead to fresh…
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Asian Stocks Decline as Tariff Deadline Looms; Japan Falls Amid U.S. Trade Uncertainty
Asian markets mostly traded lower on Wednesday, as investors grew cautious ahead of the upcoming U.S. tariff deadline on July 9. Japanese equities led regional losses following President Donald Trump’s remarks casting doubt on a potential trade agreement with Tokyo. U.S. markets closed mixed overnight, with the S&P 500 and NASDAQ Composite retreating due to…
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Stock Market Close 07.01.2025: S&P 500 Slips as Big Tech Stumbles at Start of Q3
The S&P 500 closed slightly lower on Tuesday, pulling back from recent highs as big tech stocks faltered at the beginning of the third quarter. Investors are digesting updates on trade policy, fiscal developments, and rising U.S. Treasury yields. As of 4:00 p.m. ET: On Monday, both the S&P 500 and NASDAQ hit record highs,…
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Major U.S. Stock Indexes Close Mixed Following Recent Strength
After trending higher over the past several sessions, the major U.S. stock indexes turned in a mixed performance during trading on Tuesday. While the Dow showed a notable advance to reach its best closing level in over four months, the Nasdaq and the S&P 500 gave back ground. The Dow jumped 400.17 points or 0.9…
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Envirotech Vehicles Delivers First Electric School Buses to Texas Districts Under EPA Program
Envirotech Vehicles, Inc. (NASDAQ: EVTV) has officially launched commercial-stage operations of its electric school bus division with the first deliveries of its all-electric “Bumble Bee” buses to three Texas school districts: Freer, Blanket, and Waelder. The deliveries mark the beginning of Envirotech’s participation in the U.S. Environmental Protection Agency’s (EPA) Clean School Bus (CSB) Program,…
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Jumia shares jump on Bloomberg report of takeover interest from Axian Telecom
Jumia Technologies AG (NYSE:JMIA) saw its stock rise by 6% following Bloomberg’s report that Mauritius-based Axian Telecom is showing interest in acquiring the African e-commerce leader. Sources familiar with the matter told Bloomberg that Axian Telecom recently secured $600 million to refinance its existing debt and possibly finance a takeover of Jumia. The telecom company,…
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Oragenics shares plunge following announcement of $20 million preferred stock sale
Oragenics Inc (NYSE:OGEN) experienced a sharp 58% drop in its stock price after revealing plans to raise roughly $20 million through a new preferred stock offering. The biotech company has signed a placement agency agreement to issue up to 800,000 shares of its Series H Convertible Preferred Stock, along with warrants to purchase an additional…
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AstraZeneca shares climb amid rumors CEO prefers U.S. stock listing
AstraZeneca PLC (NASDAQ:AZN) saw its American Depositary Receipts (ADRs) increase by 2.2% following a report from The Times suggesting that CEO Sir Pascal Soriot has privately shown interest in shifting the company’s stock listing to the United States. Sources close to the CEO told The Times that Soriot has repeatedly expressed a preference for relocating…
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Apple Stock Climbs Despite Analyst Concerns Over AI Strategy Shift
Apple Inc. (NASDAQ:AAPL) shares rose 2% on Tuesday, building on gains from the previous day, after reports surfaced that the tech giant is exploring the use of external AI technology to enhance its Siri voice assistant. Bloomberg reported that Apple has been in talks with AI companies Anthropic and OpenAI about potentially integrating their large…