The United States signaled plans to intensify economic pressure on Iran, including maintaining a naval blockade and imposing sweeping new sanctions, as tensions in the Middle East continued to escalate. Gold headed for a weekly gain after softer US inflation data strengthened expectations that the Federal Reserve will keep interest rates unchanged next month. Oil
Intuitive Machines Inc. LUNR shares rallied sharply on Friday after multiple Wall Street analysts shifted their focus from the company’s second-quarter earnings miss to its rapidly expanding order backlog, arguing that the long-term growth outlook remains intact. The stock climbed about 8.14% to $18.99 during Friday’s session after Stifel upgraded the lunar exploration company to
US stocks ended lower on Friday as investors locked in profits following a record-setting rally, while weaker-than-expected retail sales data and renewed pressure on semiconductor shares weighed on sentiment. The S&P 500 fell 0.2% to close at 7,785.76 after setting fresh record highs earlier in the week. The Nasdaq Composite also declined 0.3% to 26,729.16,
July producer prices (PPI) came in flat month-over-month, lower than a 0.2% increase economists had forecast. The reading pulled the probability of a Fed rate hike in September down significantly, driving the benchmark S&P 500 index to a record close near 7,799 while the Nasdaq gained 0.8%. Semiconductor and memory chipmakers spearheaded the session’s advance.
Figma stock has rebounded modestly in the past few weeks and is showing signs of bottoming. FIG jumped to $26.35 on Thursday, up from the double-bottom level of $16.80. This rebound may continue in the foreseeable future as technicals and fundamentals align. Figma stock technicals points to more gains The daily timeframe chart shows that
Adobe stock has staged a strong comeback as investors rotate back to software companies following the sell-off a few months ago. ADBE is hovering at its highest level since June 2nd this year after rising by 42% from its lowest point this year. This rebound may continue after the ongoing Workday acquisition rumors. Adobe’s business
US stock indexes opened mixed on Friday as investors weighed another record-setting session for the S&P 500 against renewed geopolitical tensions in the Middle East and awaited fresh economic data for clues on the Federal Reserve’s interest-rate path. The S&P 500 opened slightly higher, while the Nasdaq Composite gained 0.16%. The Dow Jones Industrial Average
Berkshire Hathaway’s second-quarter 13F filing, due on Friday, is expected to offer investors a clearer picture of how CEO Greg Abel is reshaping the conglomerate’s equity portfolio after taking over from Warren Buffett. The filing marks only the second quarterly portfolio disclosure under Abel’s leadership and follows an active first quarter in which Berkshire became
Netflix NFLX stock rose more than 4% on Thursday after billionaire investor Bill Ackman’s Pershing Square Capital Management disclosed a new stake in the streaming giant, marking a return to the company more than four years after exiting its previous investment at a loss. In its second-quarter shareholder letter, Pershing Square revealed it had acquired
SanDisk SNDK stock surged on Thursday after the memory chipmaker unveiled ambitious long-term financial targets and sought to reassure investors that demand for memory used in artificial intelligence infrastructure will remain strong through the end of the decade. Shares climbed around 15% after the company’s 2026 Investor Day, extending recent gains and making SanDisk one