Tag: Breaking News: Markets
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Star AI investor Leopold Aschenbrenner is unwinding trades after steep losses, sources say
Leopold Aschenbrenner’s hedge fund is unwinding trades and may be forced to liquidate assets, according to people familiar with the matter.
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U.S. economy slowed to 1.5% growth rate in Q2; June core inflation at 3.3%
While the GDP number was below expectations, the miss appeared to come from a decline in federal government spending and inventories.
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Here are Thursday’s biggest analyst calls: Nvidia, Jersey Mike’s, AMD, Meta, Microsoft, Arm, Target, Starbucks & more
Here are the biggest calls on Wall Street on Thursday.
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Egypt says drone hit two ships at Mediterranean port as attacks on energy infrastructure widen
The unclaimed attack comes as Iran, its Houthi alllies in Yemen and Iraqi militias have widen strikes on energy infrastructure across the region.
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Stocks making the biggest moves premarket: Meta, Microsoft, Teladoc, Norwegian Cruise Line & more
These are the stocks posting the largest moves in the premarket.
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Yum Brands reports mixed results but gives no update on Taco Bell cyclospora outbreak
The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
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Loeffler’s financial disclosure reveals husband’s ties to exclusive Trump Jr.-backed private club
The Executive Branch club, where members include Trump administration officials, investors and business leaders, charges a $500,000 entry fee.
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Oil prices move higher as Iran threatens response to latest U.S. strikes
Brent crude futures, the international benchmark, gained 1.5% to $92.10 a barrel. U.S. West Texas Intermediate futures advanced 0.9% to $85.23 per barrel.
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Rolls-Royce jumps 4% as it sees boost from both the defense boom and AI data center buildout
Orders in the company’s data center power business grew more than 50% in the first half of the year.
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Shell posts best quarterly profit in four years as Iran war boosts oil and gas prices
The bumper result comes as energy majors receive a profit boost from soaring fossil fuel prices amid the Iran war.
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