Tag: business news
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Cisco’s stock drops despite earnings, revenue beat
Even though Cisco’s quarterly results topped estimates, they weren’t good enough to satisfy Wall Street.
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Trump says Karoline Leavitt resigning as White House press secretary
Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu White House Press Secretary Karoline Leavitt will leave that post by the end of August, President Donald Trump said. Leavitt
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Saudi Arabia ramps up oil exports through Mediterranean pipeline to avoid attacks in Red Sea
Oil exports from Egypt’s Mediterranean port of Sidi Kerir have more than doubled. The crude is mostly from Saudi Arabia, according to Kpler.
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Get yields above 4% on your cash with these CDs
Maximum offered rates on CDs, savings and money market accounts have been trending higher, according to Jefferies.
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U.S. budget deficit surged in July to highest level since March 2021
Beyond the big single-month jump, the collective red ink over the 10 months of the fiscal year rose to nearly $1.8 trillion, surpassing the same period in 2025.
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SpaceX short sellers are running out of bullets as stock rebounds more than 40% off low
Short interest in SpaceX fell to about 11% of the company’s publicly traded shares Wednesday, down sharply from a peak of 34% last week, according to S3.
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Starbucks is close to the top of its multiyear range. The charts show it could break out higher
Frank Cappelleri breaks down the technicals on the coffee chain.
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Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
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Here are five key takeaways from the July CPI inflation report
Readings for July on the prices consumers pay for goods and services came in pretty much on target.
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The stock market’s tranquility is almost unprecedented. That’s a red flag for Michael Burry
The high-profile investor said major market cycles can take months or even years to unfold, making timing them dangerous for investors using leverage.
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