Month: September 2024
Morgan Stanley cuts oil forecast, says traders are pricing in a demand slowdown similar to mild recession
After last week’s steep sell-off, oil prices suggest traders are pricing in a demand slowdown that is similar to a mild recession, according to a Morgan Stanley analysis. To be clear, Morgan Stanley’s economists anticipate a “soft landing” for the U.S. economy, saying it will exit 2024 “on fundamentally sound footing.” But there are some […]
Read More
Oracle reports better-than-expected quarterly results; shares rise
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle shares rose 8% in extended trading on Monday after the database software vendor reported fiscal first-quarter results that topped Wall Street estimates. Here’s how […]
Read More
Palantir soars 14% on software vendor’s inclusion in S&P 500
Alex Karp, CEO of Palantir Technologies, walks to the morning session at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho, on July 10, 2024. David Paul Morris | Bloomberg | Getty Images Palantir shares popped 14% on Monday and are trading at their highest since early 2021 after the announcement late […]
Read More
The new Trump trade is bitcoin, price could top $80,000 if he wins election, according to Bernstein
As November’s Election Day draws nearer, so does bitcoin’s eventual breakout from this year’s narrow trading range, according to Bernstein. The flagship cryptocurrency has been stuck between $55,000 and $70,000 for most of the year — after reaching its all-time high in March — and is likely to remain in limbo until the U.S. determines […]
Read More
Apple iPhone 16 event updates: Apple Watch Series 10, black Apple Watch Ultra 2, AirPods 4 announced
Updated AirPods Max announced with new colors, USB-C Apple announced updated AirPods Max with USB-C charging and three new colors, like orange, purple, and starlight. They’re still $549 and are available to order beginning Monday before they launch on Sept. 20. — Todd Haselton AirPods 4 announced Apple just announced the AirPods 4. Apple said […]
Read More
Trump Media shares climb over 7% after poll seen as good news for ex-president
Jaque Silva | SOPA Images | Lightrocket | Getty Images Shares of Trump Media by climbed more than 7% Monday, a respite from the stock’s two-months-long losing streak ahead of the date when its majority shareholder, former President Donald Trump, can begin selling his shares. Shortly before 1 p.m. ET, shares of Trump Media were […]
Read More
Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
Check out the companies making headlines in midday trading. Palantir Technologies , Dell Technologies — Palantir and Dell jumped 13% and nearly 5%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines’ spot, […]
Read More
Princess Kate says she’s completed chemotherapy treatment for ‘tough’ cancer journey
Catherine, Princess of Wales during the trophy ceremony for the Mens Singles Final at The Wimbledon Lawn Tennis Championship at the All England Lawn and Tennis Club at Wimbledon on July 14th, 2024 in London, England. Simon M Bruty | Getty Images Sport | Getty Images LONDON — Kate, the Princess of Wales, announced Monday […]
Read More
Harris previews her Trump debate plan: ‘I think he’s gonna lie’
Former U.S. President Donald Trump in New York City, U.S. May 30, 2024 and U.S. Vice President Kamala Harris in Washington, U.S., July 22, 2024 in a combination of file photos. Reuters Democratic presidential nominee Kamala Harris is bracing for her Republican rival Donald Trump to mislead and misinform in their first face-to-face debate, she […]
Read More
Germany to work closely with neighbours in new controls, minister says
A policewoman from the Bavarian border police stops a vehicle at a checkpoint during a press event. Matthias Balk | Picture Alliance | Getty Images Germany will work closely with neighbouring countries in implementing temporary border controls, Interior Minister Nancy Faeser said on Monday, adding that it would keep the impact on border regions as […]
Read More