Market Update
U.S. futures for the S&P 500 surged 0.5% and futures for the Dow Jones Industrial Average rose 0.4%. It's worth noting that changes in futures do not always indicate movements…
Activision Blizzard CEO to Depart Following Microsoft Acquisition
The long-serving CEO of Activision Blizzard, Bobby Kotick, is set to leave the company just over two months after its acquisition by Microsoft Corp. In a public email to employees,…
Analysts Optimistic about Discover Financial Services’ Future Growth
Analysts at Citi have raised their rating on Discover Financial Services to Buy from Neutral, citing several catalysts that they believe will boost the company's shares in the coming year.…
Oil Futures Rise Amid Geopolitical Tensions
Oil futures continued their upward trend on Wednesday, marking a third consecutive increase. The global benchmark climbed back above the $80 per barrel mark as traders closely monitored tensions in…
Shares of Power Grid Corp. of India Ltd. Fall Amidst Broader Market Decline
The shares of Power Grid Corp. of India Ltd. (532898) experienced a significant drop of 2.86% to reach 227.20 Indian rupees on Wednesday. This decline occurred during a generally grim…
Malaysian Stocks End Winning Streak
Malaysian stocks halted a seven-day winning streak on Wednesday, as the benchmark FTSE Bursa Malaysia KLCI (FBMKLCI) dipped 0.1% to 1,464.56. Decliners CIMB Group Holdings (1023), a financial services firm,…
Tesla Inc. Changes Compensation Structure for Employees
Tesla Inc. has recently made a decision that has raised eyebrows among its employees. According to Bloomberg News, the company has informed some of its workers that merit-based stock grants…
Goldman Sachs Raises S&P 500 Forecast Amid Stock Market Surge
Goldman Sachs strategists have revised their forecast for the S&P 500 upward, projecting it to reach 5100, up from the previous estimate of 4700. This adjustment comes in light of…
Canadian Stocks Soar Across all Sectors
Materials, Consumer Discretionary, and Tech Lead the Way In a robust showing, Canadian stocks experienced a significant surge, with strength witnessed across all sectors. The materials sector spearheaded Tuesday's trading…
International Effort to Counter Attacks on Red Sea Shipping
U.S. Defense Secretary Lloyd Austin has announced a new international effort aimed at thwarting attacks on commercial shipping in the Red Sea. These attacks have not only led to a…
ExxonMobil Implements Carbonate Fuel Cell Technology in Rotterdam
ExxonMobil Corp. announced its plans on Monday to construct a plant utilizing carbonate fuel cell (CFC) technology at its Rotterdam Manufacturing Complex in the Netherlands. The company has collaborated with…
PGT Innovations Inc. Agrees to be Acquired by Masonite International Corp.
Shares of PGT Innovations Inc. (NASDAQ: PGTI) surged 8.1% in premarket trading on Monday as the company announced a cash and stock acquisition deal with Masonite International Corp. (NYSE: DOOR)…
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