US financial markets faced renewed pressure on Wednesday as hotter-than-expected underlying inflation reinforced expectations of further Federal Reserve rate increases. Rising energy prices
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing on technology shares
Broadcom stock has remained under pressure in the past few months, even as the artificial intelligence (AI) boom has accelerated. It has slumped
JPMorgan Chase (JPM) shares remained muted in premarket trading on Tuesday after the bank reported third-quarter earnings and revenue below analysts’ expectations, marking
Citigroup C shares recovered in premarket trading Tuesday as the bank reported stronger-than-expected third-quarter results, with revenue beating Wall Street estimates and profit
US stocks opened lower on Tuesday as investors assessed quarterly earnings from major banks at the start of the reporting season, while renewed
BlackRock has reduced its exposure to US equities and increased its allocation to US Treasuries as rising bond yields create more attractive income
Morgan Stanley stock has slipped substantially in the past few weeks as enthusiasm about mergers and acquisitions (M&A) and IPOs cooled. MS initially
Shares of memory chipmakers Micron MU and SK Hynix continued to fall on Tuesday as concerns over China’s CXMT and its growing manufacturing
Apple APPL shares touched an all-time high on Tuesday and reclaimed $5 trillion market capitalization as the iPhone maker unveiled a range of