Sign In
News Digest /
Latest Stock Market News
Latest Stock Market News
09:11am, Tuesday, Jun 11, 2024
GM approves $6 billion buyback, and OPEC maintains a strong oil demand forecast. What else should you know before markets open on Tuesday?
04:22am, Tuesday, Jun 11, 2024
Moody's has issued a caution on France's credit status, labeling it "credit negative" amid snap parliamentary elections. Political instability could hinder fiscal consolidation, putting its stable Aa2 rating at risk. Traders should stay alert as election outcomes may affect market volatility.
04:15am, Tuesday, Jun 11, 2024
UBS AG (NYSE: UBS) plans to complete its merger with Credit Suisse's Swiss branch by July 1, 2024, ahead of schedule. The integration process, including customer transitions to UBS’s IT infrastructure, will begin in 2025. This merger, which follows Credit Suisse's collapse and UBS’s acquisition, ...
04:11am, Tuesday, Jun 11, 2024
Football fever is driving the rise of fan tokens, digital assets helping fans connect with their favorite teams. Ahead of Euro 2024 and Copa América, Chiliz has surged to over $1.07 billion. Despite volatile trading, these tokens offer unique, albeit speculative, engagement opportunities.
01:56am, Tuesday, Jun 11, 2024
Apple (NASDAQ: AAPL) unveils its "Apple Intelligence" AI strategy at WWDC, incorporating OpenAI's ChatGPT into Siri for enhanced functionality. Despite anticipation, Wall Street's reaction is lukewarm, with Apple shares falling 2%. Analysts see minor improvements but no major breakthroughs.
08:48am, Monday, Jun 10, 2024
Stock futures fall as Nvidia's stock split takes effect, while GME and LUV surge over 6% in premarket trading following recent news. Macron dissolves France’s parliament, and crude oil prices rise ahead of key reports.
07:47am, Monday, Jun 10, 2024
Apple (AAPL) faces skepticism amidst stagnating revenues and Vision Pro's potential flop. However, it's on the brink of a $186B market opportunity in edge AI. Apple boasts 2.2B active devices fit for AI, strong developer ecosystem, and substantial R&D resources. While caution is advised, Apple's ...
07:37am, Monday, Jun 10, 2024
Nvidia (NASDAQ: NVDA) has completed a 10-for-1 stock split, making shares more accessible at around $100 each. The split retains Nvidia's market value while boosting trading flexibility. Key growth drivers include upcoming GPUs (H200, Blackwell) and AI initiatives.
07:21am, Monday, Jun 10, 2024
Apple's WWDC 2024 to reveal iOS 18 and AI features. Analysts predict a major upgrade cycle and potential AI partnerships, impacting stock positively.
04:08am, Monday, Jun 10, 2024
European markets declined on Monday due to European Parliament election results favoring nationalists, with Germany's DAX down 0.8%, France's CAC 40 falling 1.9%, and the UK's FTSE 100 dropping 0.7%. Investors are also cautious ahead of the Federal Reserve meeting, with rate cut projections under...
08:22am, Friday, Jun 07, 2024
Friday Markets: get insights on U.S. nonfarm payrolls, GameStop's revenue miss, and key stock movements including Lyft's rise.
07:31am, Friday, Jun 07, 2024
Oil prices rose slightly on Friday as Saudi and Russian hints of reversing output increases gave support. However, prices face a third weekly decline on demand concerns. Brent crude reached $80.13/barrel, while WTI hit $75.67/barrel. The U.S. jobs report remains a key focus.
05:05am, Friday, Jun 07, 2024
The Bill and Melinda Gates Foundation Trust has outperformed the S&P 500 with a 47% return in three years, thanks to a concentrated portfolio in Microsoft (NASDAQ: MSFT), Berkshire Hathaway (NYSE: BRK.A, BRK.B), and Waste Management (NYSE: WM). These stocks offer strong upsides due to their resil...
05:01am, Friday, Jun 07, 2024
TSMC's May sales surged 30% to NT$229.6 billion ($7.1 billion), reflecting strong AI tech demand and recovery in consumer electronics. The news boosted TSMC's U.S. stock by 1%. As a key chipmaker for Nvidia, Apple, and AMD, TSMC is strategically positioned for growth.
04:48am, Friday, Jun 07, 2024
Samsung Electronics (KS: 005930) witnessed its first-ever employee walkout, marking a pivotal moment as the company intensifies its focus on AI-centric semiconductor technology. The National Samsung Electronics Union, representing over 20% of the workforce, called for better pay and improved work...
08:52am, Thursday, Jun 06, 2024
S&P 500 and Nasdaq hit record highs; Nvidia's market cap tops $3 trillion; Boeing launches Starliner; hopes for Fed rate cuts rise amid weak labor data.
07:13am, Thursday, Jun 06, 2024
MNC Capital raises its acquisition offer for Vista Outdoor (NYSE: VSTO) to $39.50 per share, igniting market excitement. Vista Outdoor shares jumped 8.4%, reaching $37.34 premarket. Previously rejected offers included a $37.50 bid in May and a $35 bid in March, reflecting MNC's persistent interes...
05:15am, Thursday, Jun 06, 2024
Nvidia (NASDAQ: NVDA) hits a historic high, surpassing $3 trillion in valuation and overtaking Apple as the world's second most valuable company. Its 147% surge in 2024, driven by AI chip demand, is further fueled by an upcoming ten-for-one stock split.
05:05am, Thursday, Jun 06, 2024
Lululemon Athletica (NASDAQ: LULU) shares surged over 8% premarket on Wednesday after the company raised its full-year EPS forecast to $14.27-$14.47, citing strong Q1 results, particularly in China. The iconic brand reported a Q1 EPS of $2.54, beating Wall Street's $2.38 estimate.
05:00am, Thursday, Jun 06, 2024
Chanel's artistic director, Virginie Viard, is stepping down, marking a new chapter for the iconic luxury brand. The fashion house plans to restructure its creative organization, thanking Viard for her impactful five-year tenure. Stay tuned for more updates.
04:54am, Thursday, Jun 06, 2024
NOYB urges European regulators to halt Meta's use of personal data for AI training, citing privacy breaches. Meta insists on compliance, paralleling other tech firms like Google. Regulatory scrutiny and potential legal repercussions could affect Meta stock performance. Stay updated on these devel...
08:53am, Wednesday, Jun 05, 2024
Private payrolls in the U.S. grew less than expected in May, signaling a cooling job market. Meanwhile, a new stock exchange is set to launch in Texas, and China's services sector shows unexpected growth.
07:53am, Wednesday, Jun 05, 2024
Discover promising tech stocks with potential gains this summer, focusing on cost-cutting strategies, market recovery, and upcoming product releases.
07:12am, Wednesday, Jun 05, 2024
Dollar Tree (NASDAQ: DLTR) revealed mixed Q1 results with EPS at $1.43, meeting expectations, but revenue slightly missing at $7.63B versus $7.65B forecasted. The outlook for Q2 and FY2025 also falls short of analyst estimates. The stock has declined 18.67% over three months, rated as "fair perfo...
06:20am, Wednesday, Jun 05, 2024
Intel (NASDAQ: INTC) has sold a 49% stake in its Irish Fab 34 facility to Apollo Global Management (NYSE: APO) for $11 billion. This deal aims to attract external capital for Intel's global expansion. The transaction underlines Intel's "Smart Capital" strategy to alleviate financial strain and in...
06:12am, Wednesday, Jun 05, 2024
The General Court in Luxembourg has barred McDonald’s (NYSE: MCD) from using the term "Big Mac" for poultry products after a prolonged trademark battle with Irish competitor Supermac’s. The ruling could influence McDonald’s stock performance and future branding strategies.
06:04am, Wednesday, Jun 05, 2024
**BMG Foundation Trust Outperforms S&P 500 with Strategic Stock Picks**
The Bill and Melinda Gates Foundation Trust achieved a 47% return over three years, outpacing the S&P 500’s 32%. Their portfolio focuses on Microsoft (34%), Berkshire Hathaway (16%), and Waste Management (16%). These stocks ...
01:12pm, Tuesday, Jun 04, 2024
US job openings hit a low unseen since February 2021, with April figures dropping to 8.05M from March’s revised 8.35M, according to JOLTS. Investors are eyeing this as a signal for potential Federal Reserve interest rate cuts. Stay updated on labor market data at StockInvest.us.
08:50am, Tuesday, Jun 04, 2024
Cathie Wood's ARK Innovation ETF is eyeing biotech stocks CRISPR Therapeutics (NASDAQ: CRSP) and Intellia Therapeutics (NASDAQ: NTLA). CRISPR's stock is down 13% this year, with a promising gene-therapy product yet to deliver revenue. Intellia, down 27%, targets rare diseases but faces financial ...
08:29am, Tuesday, Jun 04, 2024
Tuesday Markets: The Paramount-Skydance deal nears completion, Google Cloud cuts jobs, Spotify raises subscription prices. Premarket movers list.
05:05am, Tuesday, Jun 04, 2024
Goldman Sachs adds 5 stocks to its Conviction List in June, highlighting growth potential.
03:27am, Tuesday, Jun 04, 2024
TSMC (NYSE: TSM) reassures stakeholders, reaffirming it won't relocate its Taiwan-based production despite China tensions. With 80-90% of its capacity on the island, Chairman C.C. Wei underscores the impracticality of moving. This stability forms a key factor for traders.
04:59pm, Monday, Jun 03, 2024
Oil prices fell by 3% as OPEC+ announced earlier-than-expected production rollbacks, leading WTI futures below $75 and Brent near $78.60. Analysts express mixed views on future demand, while gasoline prices dipped significantly. Traders should monitor OPEC+ strategies and global demand shifts.
09:29am, Monday, Jun 03, 2024
Discover an under-the-radar AI stock that surged 405.52% in 12 months, outperforming industry giants. Learn about its financial strength and growth potential.
09:11am, Monday, Jun 03, 2024
GameStop (NYSE: GME) surged 75% in pre-market trading after "Roaring Kitty" Keith Gill revealed a $175 million investment. Gill's Reddit post showed 5 million shares and 120,000 options. The rise echoes past meme stock frenzies but analysts urge caution.
09:00am, Monday, Jun 03, 2024
MercadoLibre (NASDAQ: MELI) and Spotify Technology (NYSE: SPOT) are potential candidates for stock splits. MercadoLibre, a Latin American e-commerce leader, boasts $1,700+ shares, with revenue set to rise 33% this year. Spotify, trading at $300, has reversed its slump with strategic cost-cutting ...
08:53am, Monday, Jun 03, 2024
May saw strong stock gains, Ford's ambitious Detroit project, and an optimistic airline profit forecast despite supply chain challenges.
07:07am, Monday, Jun 03, 2024
The issues, uncovered by a Japanese government probe, do not affect international manufacturing. Mazda (TYO: 7261) faces similar irregularities.
05:53am, Monday, Jun 03, 2024
GameStop (NYSE: GME) soared 105% in premarket trading after Keith Gill ("DeepF—— Value") revealed a $116M investment. His social media post reignited meme-stock frenzy, propelling other retail favorites like AMC and Beyond Meat. Market analyst warns of potential overexuberance as renewed interest...
