US stock opened lower on Thursday, retreating from the previous session’s strong rally as investors reassessed risks tied to the fragile ceasefire between the United States and Iran and monitored fresh economic data.Dow Jones Industrial Average fell by about 175 points, or 0.37%, while S&P 500 and Nasdaq 100 slipped…
White House economic adviser Kevin Hassett said on Thursday that he is confident Kevin Warsh will assume the role of Federal Reserve chairman in May, signalling a potential leadership transition at the US central bank.Speaking to Fox Business Network, Hassett stated, “I’m highly confident that that will happen,” referring to…
US Gulf Coast refiners are benefiting from some of the strongest margins in years, as disruptions to Middle Eastern oil flows during the Iran conflict boost global demand for American fuel exports.The supply shock—triggered by Iran’s blockade of the Strait of Hormuz—has hit Asian and European refiners particularly hard, forcing…
US stocks advanced on Thursday, extending their recent rally as investors grew more optimistic about a potential de-escalation in the Middle East conflict, even as oil prices remained elevated and concerns over supply disruptions persisted.All three major indexes ended higher after recovering from early session weakness, supported by signs of…
China’s factory-gate prices rose in March for the first time in more than three years, signalling a return of price pressure in the industrial sector even as consumer inflation lost momentum and domestic demand remained soft.Data from the National Bureau of Statistics showed on Friday that the producer price index…
Asian markets opened Friday with relief, but not conviction.A fragile US-Iran ceasefire steadied some nerves after a week of extreme volatility, yet the mood stayed cautious as fresh attacks on Saudi energy facilities kept oil markets on edge.That tension ran through the session: equities in parts of Asia pushed higher,…
Workday stock price continues its strong freefall this year, and is now hovering at its lowest level since April 2020. It has slumped in the last four consecutive months, and is down by 61.95% from its all-time high.Workday stock has become a bargain amid the SaaSpocalypse concernsThe WDAY stock price…
The New York Times stock price has been in a strong bull run and is hovering near its all-time high despite President Donald Trump claiming that it is “failing”. NYT was trading at $82.50 on Thursday, down slightly from its all-time high of $87. It has jumped by ~20% this…
The S&P 500 Index and top ERFs like SPY and VOO are rebounding and nearing their all-time highs ahead of talks between the US and Iran, the US inflation report, and the upcoming earnings season. VOO jumped to $625, a few points below the all-time high of $640.US-Iran talks, US…
Intuit stock price crash continued today, April 9, reaching its lowest level since February 26 amid the rising concerns about the impact of artificial intelligence (AI) tools on its business. INTU dropped to $360, down by 55% from its highest point in 2025.Intuit stock is crashing amid the SaaSpocalypse fears Intuit…