Nio stock is pumping in Hong Kong today: here’s why and what next
Nio stock price jumped by over 4.4% in Hong Kong today, May 14, mirroring its performance in Wall Street a day earlier. It jumped to H$50.45, its highest level in…
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Rolls-Royce share price is stuck in a correction: will it fall further or rebound?
The Rolls-Royce share price remains on edge this year as investors continue their focus on the ongoing US-Iran war that is having a major negative impact on the civil aviation…
Klarna stock: here’s why this Affirm rival is pumping today
Klarna stock price is pumping today, May 14, after the Buy Now Pay Later (BNPL) company published its financial results. KLAR jumped by over 15% to $15, reaching its highest…
US retail sales show resilience despite cost pressures, ING warns of risks
US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence. ING Economics said the figures highlight the ability of consumers…
Marvell stock hits 52-week high as bullish catalysts keep stacking up
Marvell Technology Inc (MRVL) printed a new 52-week high this morning as Cisco Systems’ solid Q3 earnings boosted sentiment across the entire semiconductor ecosystem. Investors are cheering MRVL also because…
Why Tesla stock is jittery as Elon Musk visits Beijing
Tesla stock (TSLA) traded choppily on Thursday as investors continued to focus on the company’s autonomous driving ambitions in China and the potential for broader artificial intelligence monetization. The stock…
US Senate confirms Kevin Warsh to Fed Board
The US Senate on Tuesday confirmed Kevin Warsh to a 14-year term as a governor at the Federal Reserve. This vote clears a major hurdle toward his expected appointment as…
PPI shows strongest rise since 2022 as energy inflation surges
US wholesale inflation accelerated sharply in April, underscoring growing price pressures across the economy as higher energy costs and supply chain disruptions continued to ripple through businesses. The Producer Price…