The company has been expanding its portfolio with premium brands and international markets, though legal hurdles and high valuations continue to weigh on investor sentiment.
The final pieces of the puzzle have fallen into place, and the verdict is in: the Federal Reserve is going to cut interest rates. That growing certainty has unleashed a powerful and unified wave of optimism across the globe...
Powell’s speech at Jackson Hole conceded a half-point rate cut at the September meeting was possible and, while the future looked cloudy immediately after that, nothing was going to stop Trump and next year’s Fed from continuing to lower rates.
HCW Biologics' stock jumped 102.72% to $6.73 after the company revealed the successful development of second-generation T-cell engagers for solid tumors.
Alphabet's Waymo earned unexpected praise from Tesla bull Ross Gerber after a 42-minute Los Angeles ride, underscoring the self-driving unit's momentum as it expands testing, surpasses 10 million paid trips, and intensifies competition with Tesla and Uber in the robotaxi race.
After a mostly in-line inflation report ahead of today’s opening bell from the Consumer Price Index (CPI) and a surprise spike in new jobless claims spurred markets to record highs today.
Inflation remains above target and tariffs are likely to keep it elevated in the near term, but the balance of risks are tilted towards the need for more support for the economy, starting with a 25bp cut on Wednesday, 17 September
China's Ministry of Commerce warned Mexico Thursday to "think twice" before implementing planned 50% tariffs on Asian-made vehicles, threatening countermeasures that could disrupt $52 billion worth of bilateral trade relations.
iBuying platform Opendoor Technologies Inc. (NASDAQ: OPEN) has appointed Kaz Nejatian as its new CEO, who previously served as the COO of Shopify Inc. (NASDAQ: SHOP). His illustrious background and new shareholder-aligned compensation package are being hailed by analysts, investors and even critics alike.
