US stocks moved higher on Tuesday, with the Dow Jones Industrial Average setting another all-time high, as investors digested weaker-than-expected retail sales data and looked ahead to key labor market and inflation reports later in the week. The Dow Jones Industrial Average rose 239 points, or about 0.5%, extending its recent run of record highs. […]
Spotify Technology (NYSE: SPOT) is pushing meaningfully higher in premarket on Tuesday after the audio streaming giant posted a blockbuster Q4 and issued surprisingly positive outlook for the current quarter. While the massive headline beat and user growth sure are contributing to it, investors are cheering SPOT primarily for the big boost to efficiency. For […]
The operator of outdoor apparel brand Eddie Bauer filed for Chapter 11 bankruptcy protection on Monday, becoming another mid-market retailer to fall prey to the adverse impact of shifting consumer demand, rising costs and persistent uncertainty over trade policy. In court filings in the District of New Jersey, the company said it was exploring a […]
Nvidia stock edged lower early to slip below $190, as investors weighed signs of continued strength in the artificial intelligence market against persistent policy, cost and competitive risks that have kept the stock confined to a narrow trading range. Nvidia shares were down about 0.5% at $189.06 in early trading. The stock rose 2.5% on […]
Gold and silver prices were in the red on Tuesday as investors remained on the edge before the release of a string of key US economic data. Over the past week, precious metals have experienced significant volatility, as prices retreated from all-time highs due to a combination of profit-taking and excessively bullish positioning. Meanwhile, oil […]
Tesla stock extended its recent rebound on Tuesday, rising for a third consecutive session as investors weighed analyst commentary, strategic developments in the company’s energy business, and changes in senior management. Tesla shares were up about 1.5% at $423.05. The broader market was mixed, with the S&P 500 flat and the Dow Jones Industrial Average […]
Datadog Inc (NASDAQ: DDOG) is rallying this morning after the cloud-based observability firm posted its fourth-quarter report that, on the surface, appeared to be a clean beat. The company reported $953 million in revenue on 59 cents a share of adjusted earnings for its Q4, both handily above Street estimates. However, one could argue […]
The U.S. national debt is on track to reach $64 trillion within a decade as the federal government continues its trend of red-ink balances under President Donald Trump and Republican control of Congress. The Congressional Budget Office released its marquee report Wednesday on the U.S. fiscal outlook, estimating that the tax and spending package Republicans […]
Republican Sen. Thom Tillis slammed the Justice Department’s push to criminally charge Democratic lawmakers who last November urged military servicemembers to disobey illegal orders in a video, calling it “political lawfare” in a post on X Wednesday. A Washington, D.C., grand jury on Tuesday declined to indict the six lawmakers, who include battleground state Sens. […]
Vice President JD Vance warned Iran that there is ‘another option on the table’ if the regime does not make a nuclear deal with the U.S. Vance made the statement while speaking to reporters before boarding Air Force Two on Tuesday. A reporter referenced President Donald Trump’s musings about potentially deploying a second aircraft carrier […]