Nasdaq closes 1.8% lower as as hotter CPI fuels Fed rate hike fears
US stocks closed lower on Wednesday as hotter-than-expected inflation data increased expectations of further Federal Reserve interest rate hikes, weighing…
Category
Labor Market
Xiaomi share price at risk as EV, smartphone, tablet woes mount
Xiaomi share price has remained under pressure this year as it has confronted several major challenges, including the soaring cost…
Dow closes 198 pts higher as US stocks close mixed ahead of earnings
US stocks closed mixed on Monday as investors assessed rising oil prices and geopolitical tensions ahead of a busy week…
Amazon plans $7 billion acquisition of Decart, a fast-growing AI startup
Amazon is in talks to acquire Decart, a fast-growing artificial intelligence (AI) company. According to the WSJ, Amazon is planning…
Dow rises 423 points as tech stocks rebound, telecom shares slide on SpaceX
US stocks rose on Friday as technology shares rebounded from a sell-off earlier in the week, helping Wall Street recover…
SoundHound stock breaks key support as short interest surges: Is a squeeze coming?
SoundHound stock has plunged to its lowest level since November 2024 as investors continue betting against the voice AI company.…