XRP Falls as SEC Appeals Ruling on Token’s Security Status

XRP Falls as SEC Appeals Ruling on Token’s Security Status SEC appeals federal court ruling stating XRP is not a security when sold to retail investors. XRP price dropped up to 11% following the SEC’s decision, later recovering some losses. The appeal may hinder Bitwise’s filing for a spot XRP ETF. XRP, the digital asset […]

PepsiCo Lowers Sales Forecast Again After Weaker Q3 Results

PepsiCo Lowers Sales Forecast Again After Weaker Q3 Results PepsiCo reported lower-than-expected Q3 revenue and profit as inflation weighs on consumer spending. The company cut its full-year sales outlook for the second consecutive quarter. Shares of PepsiCo (PEP) fell by 0.7% in pre-market trading. PepsiCo (PEP) reported disappointing third-quarter financial results, with both revenue and […]

Microsoft’s Stock Downgraded as Oppenheimer Urges Caution on AI Growth

Microsoft’s Stock Downgraded as Oppenheimer Urges Caution on AI Growth Oppenheimer downgraded Microsoft stock from “outperform” to “perform.” AI-related losses are a key concern, with potential impacts on Microsoft’s margins. Despite the downgrade, Microsoft (MSFT) shares are up 11% in 2024. Microsoft (MSFT) saw its stock downgraded on Tuesday, with analysts from Oppenheimer adjusting their […]

What Wall Street Analysts Think About Tesla Stock Ahead of the Robotaxi Event

What Analysts Expect from Tesla’s Stock Ahead of Robotaxi Event Tesla’s robotaxi event on Thursday could unveil an autonomous taxi demo and product updates. Analysts remain split on Tesla stock, with 9 buys, 7 holds, and 3 sell ratings among 19 analysts. The event and Q3 financial results could be key catalysts for Tesla’s stock. […]

S&P 500 Falls as Insurance Stocks Drop, Super Micro Soars on AI Demand

S&P 500 Falls as Insurance Stocks Drop, Super Micro Soars on AI Demand S&P 500 fell 1% on Monday as Hurricane Milton intensified in the Gulf of Mexico. Insurance stocks were hit hard, while Super Micro Computer (SMCI) soared on AI-driven demand. Oil prices surged, adding to the stock market downturn as rate-cut expectations dimmed. […]

Could Surging Oil Prices Impact Stock Market’s Record Run?

Could Surging Oil Prices Impact Stock Market’s Record Run? Oil prices surged over 10% in the past week amid escalating Middle East tensions. Despite rising oil prices, the stock market continues its strong performance, with the Dow Jones closing at a record high last week. Analysts believe the global growth outlook remains steady, keeping inflationary […]

DocuSign, MDU Resources Surge on S&P Global Index Changes

DocuSign and MDU Resources Stocks Rise After S&P Global Index Changes DocuSign (DOCU) and MDU Resources Group (MDU) shares surged following news of S&P Global index changes. DocuSign will join the S&P MidCap 400, while MDU will move to the S&P SmallCap 600. These changes will take effect before the market opens on Friday. Shares […]

Dow Jones Rises as Nvidia Leads Tech Surge, Oil Prices Plunge

Dow Jones Rises as Nvidia Leads Tech Surge, Oil Prices Plunge Major indexes rise as Nvidia and other large-cap tech stocks gain. Crude oil prices drop nearly 5%, reversing recent gains. Investors await key inflation data and Fed interest rate decision clues. Stocks surged in midday trading on Tuesday, with major indexes recovering from the […]

Harris vs Trump election nears: Who’s leading the polls and can we trust these numbers?

US Election Polls: Who is Ahead – Harris or Trump? Kamala Harris has led Donald Trump in national polls since joining the race in late July. Swing state polls are extremely close, with just one or two points separating the two candidates. Key battleground states like Pennsylvania, Michigan, and Wisconsin could determine the outcome of […]