Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged stoppage that could further strain an already fragile economy. The S&P 500 slipped 0.4%, the Nasdaq Composite declined 0.6%, and the Dow Jones Industrial Average fell 42 points, or 0.1%. The investors took a cautious
Loading
All posts in "Stock"
Wall Street opened in the red on Wednesday as the US government officially shut down, igniting fears of a prolonged stoppage that could further strain an already fragile economy. The S&P 500 slipped 0.4%, the Nasdaq Composite declined 0.6%, and the Dow Jones Industrial Average fell 42 points, or 0.1%. The investors took a cautious
23Nvidia stock (NASDAQ: NVDA) tanked at open on Wednesday, plunging almost 2% to $184 as the trading day began amid heightened market volatility and broader tech sector fluctuations. The slip comes amid an ongoing government shutdown in the United States, which has increased the overall volatility on Wall Street with investors taking safe bets amid
Nvidia stock (NASDAQ: NVDA) tanked at open on Wednesday, plunging almost 2% to $184 as the trading day began amid heightened market volatility and broader tech sector fluctuations. The slip comes amid an ongoing government shutdown in the United States, which has increased the overall volatility on Wall Street with investors taking safe bets amid
30Nike Inc. shares rose more than 3% on Wednesday after the athletic apparel maker posted better-than-expected fiscal first-quarter results, topping Wall Street forecasts for both revenue and net income. The company also signaled stronger-than-anticipated sales growth ahead, but warned of challenges from tariffs, holiday sales pressure, and weakness in its China business. Nike shares were
Nike Inc. shares rose more than 3% on Wednesday after the athletic apparel maker posted better-than-expected fiscal first-quarter results, topping Wall Street forecasts for both revenue and net income. The company also signaled stronger-than-anticipated sales growth ahead, but warned of challenges from tariffs, holiday sales pressure, and weakness in its China business. Nike shares were
23Tech giant Meta announced on Wednesday that it will start using data from user interactions with its AI chatbot and other AI products to provide hyper-targeted ads across its social media platforms. The announcement comes on the heels of ongoing debate around privacy concerns related to AI chatbots, and the new Meta plan can make
Tech giant Meta announced on Wednesday that it will start using data from user interactions with its AI chatbot and other AI products to provide hyper-targeted ads across its social media platforms. The announcement comes on the heels of ongoing debate around privacy concerns related to AI chatbots, and the new Meta plan can make
21The US manufacturing sector grew for a ninth straight month in September but at a slower pace, according to S&P Global data. The Manufacturing Purchasing Managers Index (PMI) came in at 52.0, down from 53.0 in August but still above the 50-point threshold that separates growth from contraction. The slowdown was driven largely by weaker
The US manufacturing sector grew for a ninth straight month in September but at a slower pace, according to S&P Global data. The Manufacturing Purchasing Managers Index (PMI) came in at 52.0, down from 53.0 in August but still above the 50-point threshold that separates growth from contraction. The slowdown was driven largely by weaker
29Coty Inc. has begun a strategic review of its mass-market beauty business, which houses drugstore staples including CoverGirl, Sally Hansen, Max Factor, and Rimmel, and will consider selling or spinning them off, The Wall Street Journal reported on Tuesday. The company is evaluating the long-term role of these brands within its portfolio, the publication reported.
Coty Inc. has begun a strategic review of its mass-market beauty business, which houses drugstore staples including CoverGirl, Sally Hansen, Max Factor, and Rimmel, and will consider selling or spinning them off, The Wall Street Journal reported on Tuesday. The company is evaluating the long-term role of these brands within its portfolio, the publication reported.
24It is a financial juggernaut operating on a scale that defies belief, a money-making and money-burning machine at the very frontier of human technology. But as OpenAI’s revenue continues its meteoric rise, the artificial intelligence titan is being forced to confront the immense and sometimes tragic real-world consequences of its own creation. The sheer scale
It is a financial juggernaut operating on a scale that defies belief, a money-making and money-burning machine at the very frontier of human technology. But as OpenAI’s revenue continues its meteoric rise, the artificial intelligence titan is being forced to confront the immense and sometimes tragic real-world consequences of its own creation. The sheer scale
25The surprising strength that characterized the start of September has given way to a palpable sense of fear, as a dark cloud of uncertainty rolls in from across the Atlantic. European stocks opened firmly in the red on Tuesday, with investors unnerved by the ominous twin threats of a potential US government shutdown and a
The surprising strength that characterized the start of September has given way to a palpable sense of fear, as a dark cloud of uncertainty rolls in from across the Atlantic. European stocks opened firmly in the red on Tuesday, with investors unnerved by the ominous twin threats of a potential US government shutdown and a
26Indonesia’s new state farm company announced plans on Tuesday to invest 8 trillion rupiah ($479 million) by the end of next year. This investment will focus on building production capacity through the acquisition of modern farm equipment and the expansion of rice mills, according to the chief executive of the company. Agrinas Pangan Nusantara, a
Indonesia’s new state farm company announced plans on Tuesday to invest 8 trillion rupiah ($479 million) by the end of next year. This investment will focus on building production capacity through the acquisition of modern farm equipment and the expansion of rice mills, according to the chief executive of the company. Agrinas Pangan Nusantara, a
25After a sluggish stretch in 2022 and 2023, mergers and acquisitions are roaring back to life in 2025. Rising CEO confidence, stabilising interest rates, and pent-up strategic demand are fueling a new wave of dealmaking across sectors – from industrials to tech to healthcare. Private equity companies are sitting on record dry powder, and corporates
After a sluggish stretch in 2022 and 2023, mergers and acquisitions are roaring back to life in 2025. Rising CEO confidence, stabilising interest rates, and pent-up strategic demand are fueling a new wave of dealmaking across sectors – from industrials to tech to healthcare. Private equity companies are sitting on record dry powder, and corporates
