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Trusted News & Timely Insights

Category: Large Cap

What’s going on with Amazon stock? – Amazon.com (NASDAQ:AMZN)

Amazon.com, Inc. Amazon Shares are trading higher on Tuesday after the company announced the expansion of its collaboration with Intel Corp. INTC on Monday. What you should know: After the close of trading on Monday, Amazon announced the expansion of…

Report: Exxon Mobil Considers Selling Permian Assets to Fuel Shale Expansion – Exxon Mobil (NYSE:XOM)

ExxonMobil Corporation XOM is reportedly planning to sell conventional oil reserves in the Permian Basin that could be worth $1 billion. The company plans to shift its focus to expanding shale production after completing the $60 billion acquisition of Pioneer…

Nasdaq 100 falls 1%, tests 50-day moving average support: Tech stocks in upheaval on Monday – Microsoft (NASDAQ:MSFT), Broadcom (NASDAQ:AVGO)

The week started badly for the Nasdaq 100, losing 1%, erasing gains from last Friday when the index rose following the Fed chief’s announcement. Jerome PowellDuring his highly anticipated speech in Jackson Hole, he hinted at a possible interest rate…

Dow Jones briefly hits record highs, tech stocks fall, chipmakers tumble, while oil prices soar on geopolitical risks: What’s driving markets Monday? – SPDR Dow Jones Industrial Average ETF (ARCA:DIA)

It is a mixed start to the week on Wall Street, with technology stocks Nasdaq 100 And S&P 500 indiceswhile blue-chip stocks in Dow Jones Industrial Average hit new all-time highs during the morning session in New York as traders…

Hindustan Zinc falls amid Vedanta’s plans to sell a major stake at a discount and reports of a special dividend of ₹8,000 crore

Shares of Hindustan Zinc fell on Friday on reports that the company’s parent company, Vedanta GmbHis looking to offload a major portion of its stake in the company through an offer for sale (OFS) at a discount. Hindustan Zinc is…

Nasdaq 100 posts best 6-day gain since late 2022 as traders ride bull market wave: Tech stocks on the move Thursday – Cisco Systems (NASDAQ:CSCO), Kraft Heinz (NASDAQ:KHC)

The technology-heavy Nasdaq 100, tracked by the Invesco QQQ Trust, Series 1 QQQclosed 2.5% higher on Thursday, marking its sixth consecutive positive session and a strong recovery after the index entered a correction zone due to the sell-off earlier in…

Delta loses money after tech disaster, pursues legal claims against CrowdStrike and Microsoft – Delta Air Lines (NYSE:DAL)

Yesterday, Delta Air Lines, Inc. DAL announced that the Company expects the recent operational disruptions resulting from the power outage to have a direct revenue impact of $380 million for the September quarter due to flight cancellations and customer cash…