Utz Brands Inc. shares surged nearly 90% on Tuesday following the announcement of a $2.9 billion…
Category: Financial News
Daily coverage of the markets that move portfolios: equities, bonds, commodities, currencies and the central-bank decisions behind them. Each report explains what changed, why it matters and how it feeds into an allocation. Written for investors who follow markets as a process, not as headlines.
General Motors Raises Profit Outlook Amid Strong Demand
General Motors (NYSE: GM) raised its full-year earnings outlook on Tuesday, citing resilient consumer demand for…
Micron Stock Forecasts 66% Upside Amid AI Memory Demand
Bank of America (BofA) has projected a 66% upside for Micron Technology Inc. (NASDAQ: MU), citing…
Intel announces layoffs in data center group amid cuts
Intel plans to implement layoffs within its data center group (DCG) as part of an initiative…
Foreign banks dominate FCNR(B) inflows under RBI scheme
Foreign banks accounted for a significant portion of the inflows into Foreign Currency Non-Resident (FCNR(B)) deposits…
RBI releases draft to simplify foreign investment rules
The Reserve Bank of India (RBI) on Tuesday released a draft aimed at simplifying foreign investment…
Three oil tankers turn back amid Houthi blockade threat
Three oil tankers reversed course in the Red Sea this week following threats from Yemen's Houthi…
Rising fuel prices heighten interest rate hike expectations
The likelihood of an interest rate hike by the Reserve Bank of Australia has increased significantly…
Arm and AMD Stocks Rise Amid AI Chip Supply Optimism
Arm Holdings plc (NASDAQ:ARM) and Advanced Micro Devices (NASDAQ:AMD) saw stock gains on Tuesday as investor…
AMC Reports Record Revenue, EBITDA Amid Cash Flow Gains
AMC Entertainment Holdings Inc. reported record revenue and adjusted EBITDA for the second quarter of 2023,…