2 min read
Business

Fisker (NYSE:FSR) Shares Rally Following Announcement of Key Strategic Partnership

Fisker Inc. (NYSE:FSR) saw a significant increase in its share value following the announcement of a strategic partnership with a major automotive company. The news sent the company’s stock soaring, with investors showing strong interest in the potential benefits of the collaboration.

2 min read
Business

Investors urged to be wary of gold surge: Expert recommends cautious approach

According to a leading expert in financial markets, now is not the time to get caught up in the gold rally. The expert, who has been tracking the precious metal for decades, warns investors to be cautious when considering gold as an investment option.

1 min read
Business

Ross Stores beats Abercrombie in latest financial results announcement

Abercrombie & Fitch Co. is set to announce its quarterly earnings after experiencing a remarkable 391% rally in its stock price. The retail company has seen a surge in sales despite the challenges posed by the COVID-19 pandemic.

2 min read
Business

Market rally’s longevity in doubt: Federal Reserve’s Powell, jobs data to shape future

Investors are closely watching the Federal Reserve’s Chairman Jerome Powell for clues on the future direction of the economy and the stock market. The recent market rally has been driven by optimism over economic recovery, but many are wondering if this rally is sustainable.

2 min read
Business

Blockchain Data Reveals Over 97% of Bitcoin Owners in Profit Amid Rally

According to recent blockchain data, the recent rally in Bitcoin has left more than 97% of addresses in profit. This marks a significant milestone for the leading cryptocurrency, as it continues to gain momentum amidst a challenging economic climate.

2 min read
Business

AI-Fueled Rally Sends AMD’s Market Value Soaring Above $300 Billion

AMD’s market value has surged past the $300 billion mark, thanks to a wave of AI-fueled rally. The semiconductor company’s stock has been on an upward trajectory, driven by strong demand for its products in the artificial intelligence sector.

1 min read
Business

Live updates: S&P 500 and Nasdaq futures spike as Nvidia’s impressive performance drives stock market gains

S&P 500 and Nasdaq futures surged on Friday following strong earnings from chipmaker Nvidia, pointing to a positive open on Wall Street.