Federal ReserveInflation
Stock Market Today: Dow Drops as Hot Inflation Data Puts Fed Rate Cuts on Ice
Stocks churned in midday trade Wednesday. The Dow shed 0.35% to 49,587.27 and the S&P 500 dipped 0.10% to 7,393.21, both pressured after producer…
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Khadija Saeed
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Khadija Saeed
Federal ReserveInflation
Dow Jones Live Today: Blue-Chip Index Falls as Hot Inflation Puts Fed-Cut Hopes on Ice
NEW YORK — The Dow Jones Industrial Average slipped Wednesday, after U.S. wholesale inflation numbers came in higher than anticipated and dented investor expectations…
NASDAQ:PLUGStock Market
Plug Power Stock Rally Has a Catch: Revenue Beat, Cash Burn Still in View
Plug Power Inc. wants investors to notice its first-quarter revenue, which came in at $163.5 million for the period ending March 31—a 22% jump…
Artificial IntelligenceNYSE:NOK
Nokia Oyj’s AI Turn Gets a New Boss as Shares Rally Again
Nokia Oyj is bringing in Siemens executive Emma Falck to head up its Mobile Infrastructure division starting Sept. 1, shifting the leadership of its…
NASDAQ:INTCStock Market
Intel Stock’s $440 Billion Run Has a New Problem: Short Sellers Are Back
Intel Corp. shares slid in early U.S. trading Wednesday, opening a window for short sellers following one of Wall Street’s quickest large-cap runs this…
Energy SectorNYSE:CTRA
Coterra Energy Stock Is Gone. Devon’s $58 Billion Shale Deal Now Faces Its First Test
Coterra Energy Inc. moved closer to vanishing from public view, filing post-effective amendments with the U.S. Securities and Exchange Commission on May 11 to…
NASDAQ:VNETStock Market
VNET Stock Surges as CATL-Linked Buyers Move for 38% Stake in China AI Data-Center Bet
VNET Group Inc. stock surged Wednesday after the Chinese data center firm announced PJ Millennium I Ltd. and PJ Millennium II Ltd. had struck…
NASDAQ:COHRStock Market
Coherent Corp Stock: BofA’s $400 Call Puts AI Optics Back in Play
BofA Securities bumped its price target on Coherent Corp. up to $400 from the previous $365 on Wednesday, pointing to robust appetite for high-speed…
Autonomous VehiclesEarnings Reports
WeRide Stock Slides Despite Record Q1 Revenue as Robotaxi Losses Loom
WeRide Inc. posted first-quarter revenue of RMB114.1 million, a record and up 57.6%, thanks to gains in robotaxi and Level 4 vehicle sales. Despite…
NASDAQ:NXTRenewable Energy
Why Nextpower Stock Is Jumping: Raised 2027 Outlook, Record Backlog And An $80.5 Million Deal
Nextpower Inc. shares jumped 12.5% to $141 in U.S. premarket action Wednesday, according to Benzinga, after the solar tech supplier raised its fiscal 2027…
Cryptocurrency
Crypto ATM Crackdown Spreads as $389 Million Scam Losses Put Kiosks in Crosshairs
Spokane Valley has outlawed virtual-currency kiosks, stepping up from issuing warnings to outright removal as police linked the devices to a sharp uptick in…
InflationOil Industry
Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms
Producer prices in the U.S. surged 1.4% in April, blowing past expectations and marking the sharpest monthly increase since March 2022. The report pushed…
CryptocurrencyNASDAQ:AEHL
Antelope Enterprise Stock Jumps Again as Bitcoin Gain and Buyback Put AEHL in Focus
• Shares of Antelope Enterprise Holdings ended Tuesday at $2.11, climbing 47.55% after soaring 135.34% last Friday.• The company booked $190,000 in gains through…
NasdaqNASDAQ:SIVE
Sivers Semiconductors AB Stock Jumps as MSCI Add Meets Nasdaq Listing Push
Sivers Semiconductors AB surged Wednesday, picking up momentum after MSCI tagged the Swedish chipmaker as one of the new names in its Sweden small-cap…
LSE:CNAUK Economy
British Gas Debt Warning: Why A £7bn Energy Bill Problem Is Hitting UK Households Now
The UK government’s proposal to write off up to £500 million in energy debt for vulnerable households hasn’t started yet. That delay leaves ministers…
LSE:CNAStock Market
Rocket Lab Stock Hits Record as RKLB’s Neutron Bet Gets Its Toughest Test
Rocket Lab Corp’s shares closed at a record on Tuesday, extending a post-earnings rally that has put fresh attention on RKLB stock and the…