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US stocks surge at open: S&P up 0.5%, Nasdaq climbs around 1%

Author admin May 29, 2025

US equities climbed on Thursday, buoyed by a federal court decision that struck down President Donald Trump’s “reciprocal” tariffs and a strong

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Categories Stock

Hailey Bieber deal may already be priced into elf Beauty stock

Author admin May 29, 2025

elf Beauty Inc (NYSE: ELF) rallied as much as 30% this morning after announcing a $1 billion deal with Hailey Bieber.elf is

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Categories Stock

US corporate profits decline in Q1 amid economic uncertainty

Author admin May 29, 2025

In the first quarter of 2025, U.S. corporate profits experienced a decrease of $118.1 billion, following a substantial gain of $204.7 billion

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Categories Stock

SovEcon raises Russia’s wheat exports outlook, initial campaign may be sluggish

Author admin May 29, 2025

Moscow-based agricultural consultancy SovEcon has revised its outlook for Russian wheat exports in the 2025-26 marketing year, increasing its forecast by a

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Categories Stock

Nvidia warns of formidable Chinese AI rivals as market dynamics shift

Author admin May 29, 2025

Nvidia Corporation’s CEO, Jensen Huang, gave a warning about the growing prowess of Chinese AI competitors. Speaking at a recent event, Huang

Categories Stock

Abercrombie shares jump 25% as Hollister sales surge 22% in Q1

Author admin May 28, 2025

Abercrombie & Fitch shares soared 25% on Wednesday after the retailer reported stronger-than-expected first-quarter results and raised its full-year revenue forecast.The stock

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Categories Stock

Brazil’s Azul shares sink 40% after Chapter 11 filing

Author admin May 28, 2025

Brazilian airline Azul shares fell at least 40% in US premarket trading Wednesday after the company sought Chapter 11 protection in the United

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Categories Stock

Russian central bank defends policy stance as oil volatility poses challenges

Author admin May 28, 2025

Citing low oil prices as a major risk, Russia’s central bank defended its strict monetary policy in a Wednesday report, arguing that

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Categories Stock

German court dismisses Peruvian farmer’s climate case against RWE; sparks legal debate

Author admin May 28, 2025

A Peruvian farmer’s lawsuit against German utility RWE, seeking damages for alleged climate change risks to his home, was dismissed by a

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Categories Stock

US hotels hit by decline in foreign bookings, but domestic travel cushions blow

Author admin May 28, 2025

The United States saw a steep decline in inbound international hotel bookings in April 2025, with the biggest drop coming from Canada,

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