McDonald's is launching $8 Big Mac promotions to rebuild traffic amid record $6.23 diesel costs and $91.18 WTI crude. Surging freight expenses and weak execution squeeze franchisee margins, with mana…
Gold fell and crude oil surged above $101 per barrel following Saudi pipeline closures and geopolitical tensions. Higher core inflation data prompted market expectations of a 25-basis-point Federal R…
U.S. stocks opened lower as 10-year Treasury yields touched 5%, heightening fears over higher borrowing costs across the economy. Simultaneously, Brent crude surged toward $110 per barrel following p…
The Dow Jones Industrial Average climbed ahead of the upcoming CPI inflation report, with positive sentiment also lifted by strong earnings from AI and cloud provider Oracle.
U.S. stock futures advanced ahead of Friday's pivotal CPI inflation data, with Dow futures climbing 0.4% to break a four-day losing streak. However, persistent pressure from Treasury yields near mult…
Nike will be removed from the S&P 100 on September 21 after an 18-year streak, following an 80% share collapse from its 2021 peak. The downgrade follows severe weakness in its direct-to-consumer stra…
U.S. producer prices accelerated to 5.4% year-over-year in August, beating forecasts and lifting expectations for a Fed rate hike to 66%. Major stock indices dropped, with the Dow falling 0.5% as Tre…
U.S. stock futures traded mixed ahead of key August PPI inflation data, with Dow futures edging up 0.20%. Markets remain cautious amid elevated Treasury yields, rising oil prices, Middle East tension…
UnitedHealth Group shares fell 3% after selling a stake in its Florida WellMed clinics to TPG. Management stressed the move is a growth partnership rather than a capital raise, while reaffirming full…
Escalating US-Iran military confrontations and tanker strikes in the Strait of Hormuz have pushed oil prices higher, stoking inflation fears. With rising market expectations of a Federal Reserve inte…
U.S. stocks fell as August nonfarm payrolls surged by 162,000, tripling expectations. The robust labor market and 4.1% unemployment rate lifted expectations for Federal Reserve interest rate hikes to…
U.S. nonfarm payrolls surged by 162,000 in August, topping expectations and reigniting Federal Reserve rate-hike bets. The strong labor print boosted the dollar while pressuring equities and precious…
The S&P 500 slipped 0.09% and the Dow Jones fell 158 points, dragged down by declines in Nike, Chevron, and Salesforce. Offsetting losses, Nvidia, Caterpillar, and Cisco posted gains to limit broader…
UnitedHealth faces prolonged margin headwinds as elevated commercial medical costs and arbitration expenses offset Medicare gains. With commercial book recovery pushed beyond 2027, the stock's 41% re…
McDonald's sits near 52-week lows after weak Q2 comps, but analysts issued a BUY rating with a $316.21 price target, implying 21% upside. Bullish drivers include a 46.9% operating margin, 220 million…
The Dow Jones climbed on Thursday as falling Treasury yields and Fed governor remarks lifted market sentiment. Concurrently, Nvidia shares rallied following the announcement of a new partnership deal…
The Dow Jones climbed as Treasury yields retreated following Fed remarks. Meanwhile, Nvidia shares rallied after announcing a key partnership deal with AI platform Hugging Face.
Nike (NKE) has plunged over 50% from its 52-week high, underperforming the Dow Jones Industrial Average amid sluggish sales in key Sportswear and Jordan lines, heavy discounting, and intense competit…
Crude oil surged past $91 per barrel as U.S.-Iran military escalations deepened fears of a prolonged Gulf war. Despite efforts to secure Strait of Hormuz transits and a massive U.S.-Venezuela oil dea…
Weaker-than-expected US ADP private payrolls data cooled Federal Reserve rate hike bets, lifting the Dow Jones and precious metals. However, escalating military conflict between the US and Iran in th…