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Business

2057 posts
  • Business

S&P 500 Moves Away From Record

  • August 13, 2025
  • Roubens Andy King
S&P 500 Moves Away From Record
Stocks slipped lower as the market headed toward a close. The market's main index, S&P 500, was down 0.1%. Dow was down 188 points, or 0.4%, while the Nasdaq was…
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Lithium stocks rally as CATL mine halt raises prospects of tighter supply
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  • Business

Lithium stocks rally as CATL mine halt raises prospects of tighter supply

  • August 12, 2025
  • Roubens Andy King
(Reuters) -Shares of lithium producers surged on Monday after Chinese battery giant Contemporary Amperex Technology (CATL) halting output at a major mine raised hopes it would erode the oversupply in…
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Shopify’s Higher FCF Margins Can Push SHOP Stock Higher
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  • Business

Shopify’s Higher FCF Margins Can Push SHOP Stock Higher

  • August 12, 2025
  • Roubens Andy King
Shopify, Inc. (SHOP) achieved a 15.75% quarterly free cash flow margin, surpassing its Q1 margin of 15.38% on higher revenue. This could push SHOP stock +14.6% higher as analysts incorporate…
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Crypto mogul Do Kwon pleads guilty to fraud for bn market collapse | Technology
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  • Business

Crypto mogul Do Kwon pleads guilty to fraud for $40bn market collapse | Technology

  • August 12, 2025
  • Roubens Andy King
Do Kwon, the South Korean entrepreneur behind two cryptocurrencies that lost an estimated $40bn in 2022 and caused the market to implode, pleaded guilty on Tuesday to two US charges…
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US Navy Awards Hyliion (HYLN) .5 Million Contract for Multi-Megawatt Power Module
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  • Business

US Navy Awards Hyliion (HYLN) $1.5 Million Contract for Multi-Megawatt Power Module

  • August 12, 2025
  • Roubens Andy King
Hyliion Holdings Corp. (NYSE:HYLN) is one of the best EV penny stocks to buy according to hedge funds. On July 17, the US Navy awarded Hyliion a Phase II Small…
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Trump’s unusual deal with Nvidia and AMD sparks concerns, legal questions
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  • Business

Trump’s unusual deal with Nvidia and AMD sparks concerns, legal questions

  • August 12, 2025
  • Roubens Andy King
President Trump struck an unusual deal with Nvidia and Advanced Micro Devices that allows the companies to sell certain chips to China in exchange for giving the U.S. government a…
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Sugar Prices Gain on Concern Over Weaker Cane Yields in Brazil
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  • Business

Sugar Prices Gain on Concern Over Weaker Cane Yields in Brazil

  • August 12, 2025
  • Roubens Andy King
October NY world sugar #11 (SBV25) today is up +0.21 (+1.29%), and October London ICE white sugar #5 (SWV25) is up +4.40 (+0.93%). Sugar prices are moving higher today, with…
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Labor groups protest renewed immigration raids in Los Angeles
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  • Business

Labor groups protest renewed immigration raids in Los Angeles

  • August 12, 2025
  • Roubens Andy King
Several hundred workers, organizers and immigrant advocates gathered in palm-tree-dotted MacArthur Park on Tuesday to denounce the Trump administration and immigration raids it has carried out in the city and…
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What Are Wall Street Analysts’ Target Price for EQT Corporation Stock?
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  • Business

What Are Wall Street Analysts’ Target Price for EQT Corporation Stock?

  • August 12, 2025
  • Roubens Andy King
Pittsburgh, Pennsylvania-based EQT Corporation (EQT) produces, gathers, and transmits natural gas. Valued at a market cap of $32 billion, the company sells natural gas and natural gas liquids to marketers,…
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Trump hits out at Goldman Sachs chief over ‘bad’ tariff prediction | Trump tariffs
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  • Business

Trump hits out at Goldman Sachs chief over ‘bad’ tariff prediction | Trump tariffs

  • August 12, 2025
  • Roubens Andy King
Donald Trump hit out at Goldman Sachs CEO David Solomon on Tuesday, saying the bank had been wrong to predict tariffs would hurt the economy and questioning whether Solomon should…
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