News
30-year Treasury yield reaches 19-year high
On Tuesday, treasury yields increased, with long-term fixed income reaching their highest point in over twenty years due to worsening...
Home Depot reaffirms guidance amid ‘broad based demand’
On Tuesday, Home Depot announced its fiscal second-quarter results, exceeding Wall Street estimates for both revenue and profit, and confirmed...
L3Harris Technologies appoints Sam Mehta as President and CEO
L3Harris Technologies announced Monday that Sam Mehta has been appointed President and CEO and will join the Board, effective immediately....
Meta set to appear in major social media addiction trial
On Tuesday, Meta is scheduled to appear in an Oakland courtroom to answer charges from several state attorneys general. The...
Oil prices rise as U.S.-Iran ceasefire expires
Oil prices rose on Monday as diplomatic efforts to resolve the Middle East conflict stalled. Brent crude futures increased by 55...
Musk reveals 48.4% ownership stake in SpaceX through regulatory filing
According to a regulatory filing on June 30, Elon Musk owns a 48.4% stake in SpaceX, which is valued at...
Reddit stock surges 12% after S&P 500 inclusion
S&P Dow Jones Indices announced late Thursday that Reddit will join the S&P 500 before trading begins on August 18....
OpenAI appoints Dali Rajic as Chief Revenue Officer
OpenAI announced that Chief Revenue Officer Denise Dresser is departing her position less than a year after joining the artificial intelligence lab. She...
Cerebras stock falls 15% despite raising outlook
Cerebras Systems raised its full-year outlook in the second earnings report following its May IPO. Nevertheless, the stock declined about...
Consumer prices rose 0.1% in July; annual rate sits at 3.4%
The latest report by the Bureau of Labor Statistics showed prices moderating across a range of goods and services, possibly...
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