ADVFN US – Market Content Editor
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Oil Prices Rise as Traders Prepare for Possible New U.S. Sanctions on Russia
Oil prices extended their upward trend during early trading in Asia on Monday, building on last week’s strong performance amid mounting speculation that the U.S. might impose additional sanctions on Russia. Market sentiment also remained cautious as global trade tensions intensified following President Donald Trump’s announcement of new tariffs targeting the European Union and Mexico.…
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Boeing shares climb in early trading following initial Air India crash findings
Shares of Boeing (NYSE:BA) rose more than 1% in premarket Monday after Indian investigators released a preliminary report on the recent Air India accident. The report revealed that the Boeing 787 Dreamliner, flying from Ahmedabad to London, suffered a thrust loss and began descending shortly after takeoff. This tragedy marks the deadliest air disaster of…
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Global Markets Weekly Update
Markets Show Limited Reaction to New U.S. Tariffs Friday’s closes were: Year-to-date performance: United States Nasdaq Leads as Broader Markets Dip Slightly U.S. equity markets ended the week marginally lower, with the Nasdaq Composite showing relative strength amid headline-grabbing tariff developments. While new tariff announcements drew attention, market reaction remained subdued compared to earlier rounds.…
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Market Recap: S&P 500 Posts Weekly Loss as Trade War Fears Resurface
U.S. markets ended lower on Friday, with the S&P 500 logging a weekly decline amid growing concerns over a renewed global trade war. Investor sentiment soured following President Donald Trump’s announcement of a 35% tariff on Canadian imports, set to take effect on August 1. At the close of trading, the Dow Jones Industrial Average…
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Renewed Trade War Concerns Contribute To Modest Pullback On Wall Street
After coming under pressure early in the session, stocks regained some ground over the course of the trading day on Friday but still closed modestly lower. The major averages all moved to the downside, with the Nasdaq and the S&P 500 (SPI:SP500) pulling back off Thursday’s record closing highs. The Dow slid 279.13 points or…
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AMC Shares Jump 10% Following Wedbush Upgrade to Outperform
AMC Entertainment (NYSE:AMC) stock rallied 10% on Friday after Wedbush analyst Michael Pachter upgraded the theater chain from Neutral to Outperform, boosting the price target from $3.00 to $4.00. Pachter cited several positive factors driving the upgrade, including a steadier film release schedule in upcoming quarters and the potential for AMC to gain market share…
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Tyson Foods Stock Falls to 52-Week Low at $53.98 Amid Industry Challenges
Tyson Foods (NYSE:TSN) hit a new 52-week low, closing at $53.98, reflecting a 5.65% decline over the past year. Despite recent struggles, the company remains financially solid, with liquid assets surpassing short-term liabilities and offering a healthy dividend yield of 3.66%. The dip highlights pressures from fluctuating commodity costs and shifts in consumer preferences impacting…
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Robinhood Shares Reach Record High at $100.92 Amid Strong Growth and Strategic Moves
Robinhood Markets Inc. (NASDAQ:HOOD) hit a new all-time stock price high of $100.92, pushing its market value to $88.82 billion. Over the past year, the company’s shares have soared over 340%, fueled by a robust 59.65% increase in revenue and a strong Financial Health Score. This surge highlights growing investor enthusiasm for Robinhood’s user-friendly trading…
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Above Food Shares Skyrocket Following Merger Deal with Palm Global Boosting Tokenization Plans
Above Food Ingredients Inc. (NASDAQ:ABVE) saw its stock more than double on Friday morning, extending its recent rally after Thursday’s staggering 325% jump tied to its announced merger with Palm Global Technologies Ltd. The Canadian agri-business has been on a tear since unveiling its plan to merge with Palm Global through a reverse takeover. This…
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VEON Shares Surge Following Key Funding Milestone for Kyivstar Group U.S. Listing
VEON Ltd. (NASDAQ:VEON) saw its stock jump 17.5% after announcing it secured roughly $52.3 million in non-redemption agreements from accredited institutional investors for its planned merger with Cohen Circle Acquisition Corp. I (NASDAQ: CCIR). These commitments cover about 5.05 million CCIR Class A shares, surpassing the $50 million cash minimum required to move forward with…