Commodity wrap: Gold hits lowest level since March 23; oil rebounds
Gold prices continued to slump on Wednesday as a fresh escalation in tensions in the Middle East dampened sentiments in the market. Oil
Economy
Economy
Chewy stock sinks on Q1 earnings, creating opportunity for long-term investors
Chewy Inc (CHWY) opened in the “red” this morning after coming in shy of EPS estimates for its fiscal Q1 and offering guidance
Economy
SUI crypto eyes recovery after extended sell-off as accumulation emerges
SUI crypto price is showing early signs of stabilisation after months of sustained selling pressure, with price action suggesting that buyers are beginning
Economy
Amazon’s freight push sinks LTL stocks but analysts say investors overreacted
Shares of major less-than-truckload (LTL) transportation companies fell on Wednesday. The decline came after Amazon unveiled a broader expansion of its freight business,
Economy
Why is SanDisk stock rising today?
Sandisk SNDK shares rose about 4% on Wednesday, outperforming a weaker broader market as Wall Street analysts continued to grow more optimistic about
Economy
Palantir CEO says he’s ‘rooting for’ SpaceX IPO: Should you too?
Palantir’s chief executive, Alex Karp, made headlines this morning as he told CNBC he was “rooting for” SpaceX ahead of what is shaping
Economy
Nvidia drops 2%: Why Wall Street remains bullish
Nvidia NVDA shares fell 2% on Wednesday as technology stocks remained under pressure amid a broader market selloff, even as analysts continued to
Economy
Devon Energy stock jumps 6% as analysts back Coterra integration
Devon Energy (NYSE: DVN) shares climbed more than 6% on Wednesday after analysts responded positively to the company’s latest operational update and outlook
Economy
Why Oracle earnings are significant for Intel, AMD stock
Austin-headquartered Oracle (ORCL) is in focus at writing, as the cloud and AI infrastructure firm warms up to report its fiscal Q4 earnings
Gold
Oracle stock drops 3% as earnings test AI growth narrative
Oracle Corp. (ORCL) shares fell 3.3% in premarket trading on Wednesday ahead of the company’s quarterly earnings report. Investors are closely watching whether