Major U.S. retailers are navigating an uneven, challenging inflation environment, with higher fuel, transportation, and supplier costs continuing to pressure operating costs and margins. Retailers’ responses remain varied in relation to setting consumer prices and in their willingness to pass…
Shares of Caterpillar Inc. (NYSE:CAT) are trading higher Friday afternoon as investors weigh fresh developments supporting the broader artificial intelligence infrastructure buildout, while a sharp pullback in expectations for another Federal Reserve interest-rate hike provides an additional tailwind for industrial…
A softer-than-expected September jobs report pushed the tech-heavy Nasdaq 100 to a record high on Friday, as traders pulled back bets on another Federal Reserve rate hike this month. The U.S. economy added just 29,000 jobs in September, well short…
Cycurion, Inc. (NASDAQ:CYCU) shares are trading higher by about 40% on Friday as the company regains compliance with Nasdaq’s bid price requirement. The micro-cap stock witnessed unusually heavy trading. Session volume reached about 45.8 million shares, compared with a 100-day…
The sell-off in mortgage-backed securities ETFs was even more extreme than September’s headline $2.4 billion sector outflow suggested. BlackRock’s iShares MBS ETF (NASDAQ:MBB) suffered roughly $2.67 billion in redemptions in September, its largest monthly outflow since the fund’s 2007 inception.…
Planet Labs PBC (NYSE:PL) stock is trading higher Friday after the company announced the successful launch of 20 satellites, including a prototype developed with Google. The spacecraft launched aboard Space Exploration Technologies Corp.’s (NASDAQ:SPCX) Transporter-18 rideshare mission from Vandenberg Space…
Corteva, Inc. (NYSE:CTVA) has been in the news after the company completed the spin-off of its seed and genetics business into Vylor Inc. (NYSE:VYLR) on Thursday. Corteva is now a pure-play global crop protection company. The company said the business…
Valero Energy Corporation (NYSE:VLO) experienced a significant Power Inflow alert, a key bullish indicator that is closely tracked by traders who value order flow analytics, specifically institutional and retail order flow data. At 10:33 AM EST on October 2, VLO…
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) shares are trading higher Friday along with the broader chip sector, lifted by Broadcom’s plans to arrange up to $60 billion in financing for AI chip purchases. Taiwan Semiconductor stock is gaining positive traction. Why…
Shares of Li Auto Inc. (NASDAQ:LI) are trading lower Friday afternoon as investors continue to react to the Chinese electric vehicle maker’s September delivery results, which revealed near-term volume moderation. Here’s what investors need to know. Li Auto stock is…