Workday stock will be in the spotlight on Thursday as the blue-chip software company publishes its financial results, which will provide the management an opportunity to comment on the acquisition rumors. WDAY was trading at $194 on Wednesday, down modestly from the year-to-date high of $227. Workday earnings to provide color on its growth Workday
US consumer prices rose slightly in July, with the Federal Reserve’s preferred inflation gauge showing that price pressures remain elevated as policymakers weigh the next move on interest rates. The personal consumption expenditures price index increased 0.2% on a seasonally adjusted monthly basis, while the annual inflation rate reached 3.7%, according to the Commerce Department.
The S&P 500 was little changed Wednesday after the latest inflation data showed price pressures remain elevated. The broad-market index rose 0.1%, while the Nasdaq Composite traded around the flatline. The Dow Jones Industrial Average gained 53 points, or 0.1%. Inflation remains above Fed target The personal consumption expenditures price index, the Federal Reserve’s preferred
Zoom Video stock suffered a big reversal this week, ending the recent bull run that pushed it to the highest level in months. It dropped by nearly 4% on Tuesday, and then by 5.7% in the premarket session. It reached a low of $95, down by nearly 15% from its highest point this year. Zoom
Meta Platforms (META) has reached a settlement to resolve claims from states that the company designed Instagram and Facebook to be addictive to children, misled consumers about the safety of its platforms, and improperly collected personal information from young users. As part of the settlement, Meta agreed to pay $16.7 billion, with California expected to
WhiteBIT Coin (WBT) is trading around $72.7 after setting a new all-time high, extending a run that has taken the token beyond its previous $64.11 peak from December 2025. The move comes shortly after WBT marked four years since launch, giving the latest price milestone some useful context. The token has gained 28.3% over the
Nvidia (NVDA) shares fell around 2.6% to around $209 in early Monday trading as the chipmaker began its earnings week under pressure from a broader decline in technology and semiconductor stocks. The S&P 500 fell 0.2%, while the Nasdaq Composite lost 0.5%. The Dow Jones Industrial Average was up 32 points, or 0.1%. Chip stocks
Wall Street’s major benchmarks are still holding near recent highs, but the rally’s foundation looks less secure than the headline numbers suggest. A multi-week pullback has interrupted a string of weekly advances, and JPMorgan Chase & Co. sees the retreat as more than a routine pause. In a note from technical strategist Jason Hunter, the
Marvell Technology stock peaked at $252 last week after announcing a major $12 billion deal with Google. It then pulled back to $230 as investors sold the news and waited for the upcoming earnings report, which will provide more information about its business. So, is MRVL a good buy or sell ahead of earnings? Marvell
Shares of major US steel and aluminum producers rose Monday as investors reassessed the implications of the breakdown in US-Canada trade negotiations. Nucor NUE gained about 4%, while Steel Dynamics also rose roughly 4%. Cleveland-Cliffs climbed about 7% and Century Aluminum advanced around 5%. The gains came after the stocks fell sharply last week on