CEO Chuck Robbins cites surging need for networking and security infrastructure to support AI and telecom build-outs. Cisco shares reached all-time highs as demand for AI-driven infrastructure accelerates. CEO Chuck Robbins attributed the rally to growing recognition that
Sector Overview The US stock market is experiencing a day of contrasts, with significant disparities across sectors. The technology sector is under pressure, dragged down by major losses in prominent stocks, while the energy sector provides a bright spot in today's trading
The ISM Services PMI rose to 54.5 in May, exceeding expectations and signaling stronger service sector growth. The US service sector expanded faster in May, with the ISM Services PMI rising to 54.5 from 53.6 in April. The reading surpassed the consensus estimate of 53.8, m
Tata Motors shifts to Chery’s Freelander platform for its Avinya EV lineup, delaying production to 2027 after JLR scrapped its electrification plans. Tata Motors will use Chery’s Freelander platform for its Avinya electric vehicle (EV) range, replacing a scrapped collabora
Ulta Beauty Inc (NASDAQ:ULTA) reported first quarter results that exceeded Wall Street expectations, but shares fell nearly 6% as investors focused on a modest increase to the company's full-year earnings guidance. Ulta raised its fiscal 2026 earnings guidance to a range o
Oil Stocks Are Spiking on the News That U.S.-Iran Peace Talks Have Crumbled. Here's What Investors Need to Know The geopolitical conflict in the Middle East has left the world short of oil and natural gas. These are vital commodities, and a shortage drives prices hi
Goldman Sachs CEO David Solomon Thinks There's Enough "Greed" to Absorb the SpaceX, OpenAI, and Anthropic IPOs David Solomon is the CEO of one of the world's largest and most powerful financial institutions, Goldman Sachs (NYSE:GS). A key part of the company's business is
The resulting shares will be tokenized and distributed through partner exchanges, enabling investors to receive exposure to newly listed companies without opening accounts with traditional brokerage providers. The first tokenized IPO offerings are expected to become availa
Palantir stock’s recent volatility between $125 and $160 makes it suitable for neutral options trades like calendar spreads. Palantir Technologies (PLTR) has traded in a tight range between $125 and $160 since February, positioning it as a candidate for a calendar spread.
Great Western Exploration has begun a 3,000m air core drilling campaign at the Diorama copper-gold target in its Yerrida North Project in Western Australia. The Diorama target is located in the Yerrida Basin, approximately 70km from the DeGrussa copper-gold deposit owned b
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