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Investing.com– Most Asian stocks rose on Wednesday, with technology shares in the lead after OpenAI announced a massive partnership to build more artificial intelligence infrastructure in the U.S. But Chinese markets lagged, falling sharply after U.S. President Donald Trump raised the prospect of increased trade tariffs on the country by…
Investing.com– Oil prices steadied in Asian trade on Wednesday after logging some losses this week on U.S. President Donald Trump’s declaration of a national emergency to ramp up energy production. But crude was sitting on a strong run-up in recent weeks, as stricter U.S. sanctions on Russia’s oil industry still…
Investing.com — New York Attorney General Letitia James announced today that her case against Citibank (NYSE:) will proceed after a judge denied the bank’s motion to dismiss. The case revolves around allegations that Citibank failed to protect and reimburse customers who were victims of fraud. The lawsuit asserts that Citibank…
Investing.com – US stock markets gained Tuesday, as traders weighed expectations for President Donald Trump’s policies to accelerate economic growth and the threat of tariffs on Canada and Mexico as soon as Feb. 1. By 1:07 p.m. ET (18:07 GMT), the benchmark had risen 0.8%, the tech-heavy had 0.6%, and…
Investing.com — Shares of aerospace and rocket technology companies saw significant gains in today’s trading session after President Trump announced plans to send American astronauts to Mars, reigniting enthusiasm for space exploration. Among the notable movers were Intuitive Machines (NASDAQ:), which climbed 17%, Rocket Lab USA (NASDAQ:) with a 27%…
Investing.com — Morgan Stanley (NYSE:) has downgraded Associated British Foods (LON:) (ABF) to an “underweight” from an “equal-weight” rating, citing various macroeconomic and sector-specific concerns. Shares of the company were down 1.9% at 08:55 ET (13:55 GMT). In a note dated Tuesday, the brokerage flagged risks to ABF, particularly its…
Investing.com — Viasat, Inc. (NASDAQ: VSAT) stock climbed 5% following the company’s announcement of being selected for a NASA contract potentially worth $4.8 billion. The contract is part of NASA’s Near Space Network (NSN) Services, aiming to enhance direct-to-Earth (DTE) communication capabilities for space missions. The multi-award indefinite delivery, indefinite…
Investing.com — Redwire Corporation (NYSE:) stock surged 12% following the company’s announcement that it has signed an agreement to acquire Edge Autonomy, a leader in uncrewed airborne system technology. The acquisition, valued at $925 million, is expected to significantly enhance Redwire’s position in the multi-domain autonomous technology sector. The deal,…
Investing.com — Cranswick (LON:) in a statement on Tuesday said it expects its annual profit to align with market expectations following a robust performance during the festive trading period. Shares of Cranswick were up 2.4% at 05:46 ET (10:46 GMT). The company, which specializes in pork and poultry products, reported…
Investing.com — Jefferies analysts downgraded Apple stock to Underperform from Hold on Monday as they expect the tech giant to miss both earnings and guidance targets in its upcoming fiscal Q1 2025 report. The company’s shares fell around 1% in premarket trading Tuesday. Jefferies’ price target on Apple Inc (NASDAQ:)…
