Shares of Tesla are on track to break an eight-week losing streak, though the stock pulled back slightly in early trading on Thursday as investors turned their attention to the company’s upcoming earnings and longer-term strategy. The stock fell around 1.6% to $384.91, even as the S&P 500 and the Dow Jones Industrial Average moved
Shares of Hims & Hers Health moved sharply higher on Thursday, extending gains from the previous session after a significant regulatory shift signaled new opportunities in the peptide market. The stock rose about 4% to $25.28 on Thursday morning after closing up 14% on Wednesday, as investors reacted to comments from Robert F. Kennedy Jr.
PepsiCo is set to report its first-quarter earnings on Thursday, with investors closely watching whether the company can sustain growth momentum while navigating persistent cost pressures and uneven demand trends across key segments. The food and beverage giant is expected to post earnings of $1.55 per share for the quarter, representing a 4.7% increase from
War in the Middle East could trigger a massive $58 billion bill for repair and restoration of energy-linked infrastructure, according to a new analysis from Rystad Energy. The cost for oil and gas facilities alone is estimated to potentially reach $50 billion. “This is no longer just a story about damaged facilities in the Gulf.
Tilray Brands stock price has moved sideways in the past few weeks as momentum in the cannabis industry waned. It was trading at $6.90, down by over 70% from its highest level last year. Still, technical analysis suggests that the TLRY stock may be on the cusp of a rebound. Tilray Brands stock on edge
Bank of America (NYSE: BAC) is extending gains on Apr. 15 after reporting Q1 results that blew past Street estimates, fueled by a resurgence in investment banking and resilient consumer activity. Investors cheered as it posted a 25% year-over-year increase in earnings per share (EPS) and a surprise beat in net interest income (NII), which
Mortgage rates in the United States eased to their lowest level in a month last week, offering some relief to borrowers and driving a pickup in refinancing activity, even as demand from homebuyers remained subdued against a backdrop of economic uncertainty and geopolitical tensions. Data from the Mortgage Bankers Association showed total mortgage application volume
Oil prices edged higher on Wednesday after steep losses in the previous session amid uncertainty about the resumption of flows from the Strait of Hormuz. Meanwhile, gold had hit a near one-month high on COMEX earlier in the day, but the precious metal fell slightly amid a rise in energy prices. Silver prices also dipped
US equities moved higher on Wednesday, with the S&P 500 approaching a fresh all-time intraday high. Investor sentiment improved on expectations that the Iran conflict could be nearing a resolution. The benchmark index rose 0.2% and was on track for a record close, while the Nasdaq Composite advanced 0.3%. The Dow Jones Industrial Average gained
The International Monetary Fund has warned that the escalating conflict in the Middle East is adding further stress to an already fragile global fiscal environment. In its latest Fiscal Monitor report released on Wednesday, the IMF said higher interest rates and rising energy prices intensified by the war are increasing pressure on emerging markets and