In a day of dramatic shifts, Freeport-McMoRan's stock tumbled 17% after a grim sales forecast, while Intel shares surged 6.4% amid positive industry news. Find out what’s driving these market trends.
Asia-Pacific markets showed mixed results as investors anticipate a U.S. Federal Reserve rate cut. Japan's exports decline less than expected, while Baidu's shares soar in Hong Kong. What does this mean for global economic health?
Tesla shares soared 3.6% on news that CEO Elon Musk bought $1 billion worth of stock, signaling confidence amidst challenges. With 25 recent purchases, Musk's commitment to Tesla is clear.
Warner Bros. Discovery shares have skyrocketed for the second consecutive day as reports emerge that Paramount Skydance is gearing up to bid for its media rival. The potential deal, backed by the Ellison family, could reshape the media landscape.
Warner Bros shares surge as reports indicate a major cash bid backed by Larry Ellison. This unexpected merger could reshape Hollywood's landscape, but will it pass antitrust scrutiny?
Shares of Nebius Group skyrocketed 40% following a monumental multi-billion-dollar deal with Microsoft. The partnership is set to provide cloud computing power for AI workloads, indicating strong demand in the sector.
Lowe's shares jumped 2% after the company raised its annual sales forecast and surpassed profit expectations. Analysts highlight a growing urgency in the pro distributor market, especially after Lowe's recent acquisition of Foundation Building Materials.
Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
BP shares skyrocketed 7% following reports of early-stage acquisition talks with Shell. While a deal is uncertain, the oil major's future looks intriguing amidst industry shifts.
Global shares surged and the dollar slipped after Trump announced a ceasefire between Iran and Israel, leading to a significant drop in oil prices and renewed market optimism.
