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Despite war, tariffs, and a host of other threats that weigh on the outlook for the global economy, the rise of the international equity premium over US stocks remains intact this year.
According a report by The Wall Street Journal, discussions between Shell and BP are progressing slowly and remain preliminary, with no guarantee of a deal.
Super Micro Computer shares are trading higher by 5.3% Wednesday afternoon. The company on Tuesday announced the pricing of its $2 billion convertible senior notes due 2030.
Luxfer Holdings focuses on value creation by using its broad array of technical know-how and proprietary technologies to help create a safe, clean, and energy-efficient world.
Curious to know what's happening on the US markets in the middle of the day on Wednesday? Join us as we explore the top gainers and losers in today's session.
After an unexpected surge higher in April, new home sales were expected to tumble in May's data released today following a plunge in homebuilder confidence and weak existing home sales.
H.C. Wainwright reiterated a ‘Sell’ rating on Sarepta on Wednesday with a $10 price target. The firm views the FDA as a potential headwind for Sarepta now.
Bristol Myers and Celgene are being sued in an antitrust suit, alleging they used fraud, sham litigation, and reverse payments to delay cheaper generics of Pomalyst.
Shell is in early talks to acquire its rival BP, sending BP shares soaring. The landmark deal could combine two energy supermajors, but faces significant regulatory hurdles globally.
The Nasdaq surged yesterday on easing geopolitical tensions, specifically reports of a ceasefire between Israel and Iran, and that lifted risk appetite across the board, especially for semiconductor names.
Intel (INTC) is reportedly shutting down its automotive unit and will lay off most employees in that segment, the company told staff in an internal message.
Apple has proposed App Store changes to avoid further EU penalties after a €500M fine, aiming to comply with the Digital Markets Act and ease developer restrictions outside its ecosystem.
The company also plans to expand its tokenization to private companies like OpenAI and Anthropic, which are not listed on the NYSE or the NASDAQ, as per the report.
QuantumScape Corp (NYSE:QS) shares are trading higher Wednesday after the lithium-metal battery technology company said its Cobra separator process entered into baseline production.
CleanSpark Inc (NASDAQ:CLSK) shares are trading higher by 4.43% to $10.46 Wednesday morning, fueled by positive analyst sentiment and recent operational achievements.
