As weight-loss drugs fuel a dramatic shift in American waistlines, Wall Street is eyeing an unexpected beneficiary of the trend: the airline industry. Analysts at Jefferies suggest that the widespread adoption of obesity drugs could lead to significant fuel savings for carriers, as lighter passengers reduce overall aircraft weight and enhance fuel efficiency. With fuel […]
Wall Street’s largest banks have closed out 2025 on a high note, delivering record revenues and rising profits as a rebound in dealmaking, buoyant trading activity, and resilient lending helped defy earlier fears of a slowdown. The fourth-quarter earnings season, led by results from Goldman Sachs and Morgan Stanley, underscored a renewed sense of confidence […]
Gold prices continued to fall on the last day of the week as a stronger dollar and improved risk appetite dented demand for the precious metal. Silver was also in the red as prices fell below the $90-per-ounce mark. Meanwhile, oil prices climbed after falling sharply in the previous session. Investors resorted to lower-level buying […]
US stocks rose on Friday as Wall Street attempted to close out a turbulent week on a positive note, with gains in technology and industrial shares helping lift the major averages despite lingering geopolitical and policy-related concerns. The S&P 500 climbed 0.3%, while the Dow Jones Industrial Average added about 100 points, or 0.2%. The […]
Tesla stock (NASDAQ: TSLA) has fallen into the red on Friday as investors trim positions ahead of the automaker’s Q4 2025 earnings report scheduled for January 28 after market close. The stock has drifted lower this week on profit-taking concerns, driven by a confluence of near-term questions about vehicle volumes, margins, and Tesla’s strategic shift […]
Nvidia stock was modestly higher on Friday, extending gains from the previous session as strong earnings from key supplier Taiwan Semiconductor Manufacturing Co. reinforced confidence in sustained demand for advanced artificial intelligence chips. Nvidia shares rose 0.4% to $187.25 in early trading, following a 2.1% advance on Thursday. The recent move comes after several months […]
EU stocks are in focus on Jan. 16 after President Donald Trump signalled plans of slapping tariffs on nations resisting Washington’s push to acquire Greenland. “We need Greenland for national security. So I may do that,” – he told reporters at the White House. Trump’s latest remarks underscore his willingness to wield tariffs — a […]
Europe’s political and economic fault lines deepened this week as France delayed its 2026 austerity budget amid parliamentary deadlock. Germany’s VDA warned carmakers against resuming Suez Canal shipments until insurers clarify Red Sea coverage, despite Maersk’s planned January 26 return. Skydance CEO David Ellison lobbied UK Culture Secretary Lisa Nandy for Warner Bros. bid support, […]
Silver’s importance as an industrial metal and the tight supply situation present a positive backdrop for prices. However, risks from trade policy and macro sentiment are likely to remain the focal point of pricing, according to ING Group. Silver prices, after initially plummeting over 7% on Thursday from an all-time high of more than $93 […]
Taiwan Semiconductor Manufacturing (NYSE: TSM) is pushing higher on Thursday after posting yet another blockbuster quarter, marked by record revenue of NT$1.034 trillion. But an even bigger story is perhaps what TSMC has recently told its lead customers — Nvidia and Broadcom — especially since that update warrants piling into Intel (NASDAQ: INTC) in 2026. […]