Tag: Breaking News: Markets
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Air con and building efficiency stocks rally as Europe bakes in extreme heat
The latest heat wave has underscored the need for efficient technologies and adequate power supply to keep Europe cool.
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Oil prices erase wartime gains as supply concerns ease with Hormuz tanker traffic resuming
Oil prices fell as investors bet global crude supplies will improve, as tankers stranded in the Persian Gulf for months have begun leaving the Strait of Hormuz.
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SK Hynix surges 11% after filing for blockbuster Nasdaq listing
Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.
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S&P 500 futures rise as Micron bounces after earnings; Wall Street awaits key inflation reading: Live updates
May’s personal consumption expenditures price index reading, the Fed’s preferred inflation gauge, comes out at 8:30 a.m. on Thursday morning.
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JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test
The announcements followed the release of the Federal Reserve’s annual stress test, which found that all 32 large banks weathered a hypothetical recession.
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Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
The Fed’s annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
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Bitcoin falls back under $60,000, hitting its lowest level since October 2024
Bitcoin, now in the eighth month of its bear market, dropped to an October 2024 low amid a pullback in tech stocks.
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Energy secretary says U.S. has ended Iran’s ability to close Strait of Hormuz
Some 72 ships loaded with 19 million barrels of oil have passed through Hormuz in the past 24 hours, Energy Secretary Chris Wright said.
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This industrial play has been a quiet winner in 2026. Why the stock has more room to go
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Broadcom stock needs a win. The new OpenAI co-designed Jalapeno chip might do the trick
The news involving OpenAI, the creator of ChatGPT, comes as Broadcom stock fights to get back on track.
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