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US consumer sentiment drops in September, but wealthier households stay steady

US consumer sentiment weakened in September, underscoring households’ unease over persistent inflation and a softer labour market outlook. The University of Michigan’s…
Stock

Cramer says ‘buy Boeing stock’ on reports FAA easing aircraft delivery rules

Famed investor Jim Cramer recommended all members of his “Investing Club” to buy Boeing Co (NYSE: BA) shares following reports the FAA…
Stock

Paccar shares rise after Trump announces tariffs on foreign heavy-duty trucks

Shares of US truck manufacturer Paccar climbed on Friday after President Donald Trump announced new tariffs on foreign-made heavy-duty trucks. The move,…
Stock

Nebius stock price is firing on all cylinders: brace for a retreat

Nebius stock price has staged a strong comeback in the past few months. It jumped from a low of $14.27 in 2024…
Stock

Oracle shares slide as analyst questions AI cloud deal economics

Oracle Corp. is facing renewed investor scrutiny after a sharp selloff in its shares this week, fueled by concerns that the company’s…
Stock

iPhone 17: Why Apple’s return to aluminum is sparking a ‘scratchgate’

In a rocky and inauspicious debut for its latest flagship device, Apple has been forced to admit that worn-in charging stands in…
Stock

Elon Musk’s xAI signs deal to deploy Grok chatbot for US government

Elon Musk’s artificial intelligence company xAI has signed a new agreement to expand federal access to its AI chatbot Grok, the US…
Stock

Commodities wrap: Oil drops on oversupply, copper wary on Grasberg closure

Most commodities were in bear territory on Thursday with gold slipping from its record highs touched earlier this week.  Oil prices fell…
Stock

Oracle seeks $15 billion bond sale as cloud expansion costs rise

Oracle Corp. is turning to the US investment-grade bond market to raise $15 billion, its largest debt sale since January. The financing…
Stock

Danish, Norwegian funds pull investments from Israel over Gaza war

Danish fund manager AkademikerPension said on Wednesday it will exclude Israeli state assets, including government-controlled firms, from its investment portfolio. The $24.7…
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