Regional-Bank Shares Slide on Delayed Rate Cut
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The decline in U.S. regional-bank shares continued on Monday following recent comments from Federal Reserve Chair Jerome Powell. Powell stated that the…
Tesla's Next-Generation EV: Key Details Revealed
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Investors have been expressing concerns about Tesla Inc.’s need for a lineup refresh in order to maintain growth in the face of…
First National Bank of Pennsylvania to Pay $13.5 Million to Resolve Lending Discrimination Allegations
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The U.S. Department of Justice has announced that First National Bank of Pennsylvania (F.N.B.) has agreed to pay a total of $13.5…
Potential Safety Concerns with LG Batteries in Australia
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The Australian consumer watchdog, the Australian Competition and Consumer Commission (ACCC), has issued a warning regarding 5,000 LG batteries in homes across…
Market Update: Futures, European Markets, Currency, Commodities, Yields, and Asian Markets
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U.S. Futures U.S. futures for the S&P 500 were down 0.1%, while futures for the Dow Jones Industrial Average declined 0.2%. However,…
Wall Street's Biggest Bear Makes Changes at Morgan Stanley
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One of Wall Street’s most famous bears, Mike Wilson, is set to step down from his position as chair of Morgan Stanley’s…
Amazon's Strong Quarter Drives Optimism for Future Growth
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Introduction In a recent report, Amazon.com Inc. has delivered promising news to investors regarding its cloud-computing business, Amazon Web Services (AWS). Chief…
Saia Seizes Market Opportunity, Reports Strong Q4 Performance
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Saia, a trucking company based in Johns Creek, Georgia, has announced higher sales and earnings for the fourth quarter, taking advantage of…
Exxon Mobil Corp. Reports Q4 Profit and Free Cash Flow that Beat Expectations
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Shares of Exxon Mobil Corp. (XOM) rallied 1.9% in premarket trading on Friday, following the company’s announcement of fourth-quarter financial results. Despite…
Tesla Shares Fall Following Settlement on Mishandling of Hazardous Waste
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Tesla’s shares experienced a decline at the start of Friday’s trading session after having gained 0.8% in the previous session, closing at…
Meta Platforms Inc. Announces Groundbreaking Dividend
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Meta Platforms Inc. made a surprising move on Thursday by announcing its first-ever dividend, a decision that is expected to have a…
Clorox Reports Strong Quarter
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Shares of Clorox surged in after-hours trading on Thursday, following the company’s announcement of an improved outlook for the year. The cleaning-product…