US stock futures pointed higher on Friday as investors positioned for the August CPI report, the final major inflation test before next week’s Federal Reserve meeting. Dow futures rose about 300 points or 0.5%, while…
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AB Foods stock sinks 11% as Primark sales miss exposes deeper turnaround risk
by adminby adminShares in Associated British Foods (LON: ABF) fell more than 11% on Thursday after the owner of Primark warned of weaker like-for-like sales at the fashion retailer and said losses at its Sugar business are…
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Dow futures tumble over 300 points: 5 things to know before Wall Street opens
by adminby adminUS stock futures slipped on Wednesday as Brent crude briefly broke above $100 a barrel for the first time since July, pushing Treasury yields higher and reviving inflation concerns before key price data later this…
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Why is $100 oil becoming a bigger threat to the FTSE 100 than investors think?
by adminby adminLondon’s FTSE 100 fell on Tuesday as oil’s advance towards $100 a barrel revived inflation concerns and pressured rate-sensitive shares, even as gains in energy producers and miners prevented a steeper decline. The blue-chip index…
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Wall Street is about to lose a $1.1 trillion buyer: why stocks could get bumpier
by adminby adminOne of Wall Street’s most dependable buyers is about to become less active. More than $1.1 trillion of announced corporate buyback authorisations had moved back into open repurchase windows through late August, helping support US…
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Anthropic, the giant company in the artificial intelligence (AI) space, is planning to launch the biggest IPO in the coming weeks. As this happens, more details, including banker selection and prospectus release date are coming…
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GoPro stock GPRO has surged in recent sessions after the struggling action-camera maker announced a $285 million cash merger with Starman Optical, a privately held photonics company. Earlier, YouTube creator Mark Fischbach, better known as…
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Micron Technology (NASDAQ: MU) and SanDisk (NASDAQ: SNDK) shares were back in favour again ahead of Friday’s opening bell, with the memory stocks rising 2% and 3%. Micron gained 1.9% in premarket trading and SanDisk…
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Wall Street futures trade flat today: 5 things to know before the market opens
by adminby adminUS stock futures were little changed on Thursday as investors weighed a retreat in oil and Treasury yields against fresh uncertainty from the Middle East and mixed signals from major technology earnings. Dow futures rose…
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US stock futures pointed to a weaker open on Wednesday, with Dow futures down 103 points or 0.17%, S&P 500 futures slipping 23 points, or 0.29% and Nasdaq 100 futures falling 200 points, or 0.65%…