Every Federal Reserve policymaker backed last month’s rate hike. Yet traders now see little chance of another hike in October. Minutes of the Sept. 15-16 Federal Open Market Committee (FOMC) meeting, released Wednesday, show a central bank united on raising…
Caterpillar Inc (NYSE:CAT) shares are tumbling Wednesday as farm equipment stocks drop after federal regulators opened an inquiry into how the industry operates. Caterpillar stock is among today’s weakest performers. What’s behind CAT decline? Caterpillar Slips As Farm Equipment Stocks…
Amazon.com Inc. (NASDAQ:AMZN) is expanding AI across its cloud, e-commerce, advertising and Prime businesses, while analysts increasingly view agent-driven commerce as a potential growth opportunity rather than a threat to its model. The stock rose more than 1% Wednesday, supported…
The U.S. Food and Drug Administration (FDA) on Wednesday approved Pfizer Inc.’s (NYSE:PFE) TUKYSA (tucatinib) in combination with trastuzumab and pertuzumab. This regimen serves as a maintenance therapy for adults battling unresectable locally advanced or metastatic HER2-positive breast cancer following…
CoreWeave, Inc. (NASDAQ:CRWV) stock is trading lower by about 4% on Wednesday as investors retreat from growth-focused technology stocks amid broader market weakness and rising Treasury yields ahead of the September FOMC minutes.The Nasdaq is down 0.32%, while the S&P…
