S&P/TSX and U.S. markets gain slightly, new records set, awaiting earnings and Fed minutes.
From Yahoo Finance: 2024-05-21 16:24:46 Canadian and U.S. stock markets saw modest gains, with the S&P/TSX composite index closing up
Category: Markets
Summary: Notable market events for the week May 20th to 24th, 2024, including earnings reports and conferences.
May 20, 2024 by Marketnewsdata Following are notable market events for the week of May 20, 2024 Monday – May
U.S. stocks rebound in afternoon trading after slow start, S&P 500 and Nasdaq rise
From Dow Jones & Company: 2024-05-21 14:45:22 U.S. stocks bounced back in Tuesday afternoon trading after a slow start, with
Oil prices drop over 1% due to inflation concerns, weak gasoline demand before summer driving season
From Investing.com: 2024-05-21 12:56:01 Oil prices dropped over 1% on Tuesday due to lingering U.S. inflation concerns keeping interest rates
Recommendations to buy RIL and Larsen & Toubro; market anticipates sharp rally post June 4th.
From Hindustan Times: 2024-05-21 10:37:40 On Tuesday, the Sensex and Nifty 50 experienced a slight decline due to losses in
Altria is a defensive stock with high dividend yields and outperforms during market uncertainty.
From Yahoo Finance: 2024-05-21 08:20:00 Altria (NYSE: MO) is a defensive stock commonly seen as a safe haven during potential
Ambarella releases new AI SoCs for in-vehicle fleet telematics systems with improved performance.
From GlobeNewswire: 2024-05-21 05:00:00 Ambarella, Inc. announced the latest generation of AI systems-on-chip (SoCs) for in-vehicle fleet telematics systems during
AstraZeneca aims to reach $80 billion revenue by 2030 through new medicines and technologies
From Nasdaq: 2024-05-21 02:43:49 AstraZeneca Plc. announced its goal of reaching $80 billion in revenue by 2030, a significant increase
Bank of America suggests hedging Nvidia stock before earnings with options.
From Yahoo Finance: 2024-05-20 23:31:00 Nvidia’s upcoming first-quarter earnings report has the potential to impact the entire stock market, with
Nasdaq hit record high, Dow drops due to JPMorgan
From Yahoo Finance: 2024-05-20 19:30:58 US stocks closed mixed on Monday, with the Nasdaq Composite reaching a record high while
Nasdaq and gold hit all-time highs as Fed expresses caution about inflation
From Investing.com: 2024-05-20 16:36:19 The Nasdaq closed at a record high, driven by chip stocks like Nvidia ahead of their
Post-pandemic economy impacts homeowners positively with low mortgage rates, renters face rising costs
From Investing.com: 2024-05-20 15:04:00 The post-pandemic economy is impacting people differently, with homeowners benefiting from low mortgage rates while renters
Indian share market closed for Lok Sabha elections in Mumbai, second holiday this month.
From Mint: 2024-05-20 14:04:07 1. The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will be closed on May
Metals like gold, silver, copper hit all-time highs due to strong demand and short squeezing
From Yahoo Finance: 2024-05-20 12:05:27 Gold prices reached a record high while silver prices hit 12-year highs in the ongoing
RCP Advisors closes Fund XVIII with $285 million for North American small buyout fund managers.
From GlobeNewswire: 2024-05-20 08:30:00 P10, Inc. announced the final closing of RCP Fund XVIII, which provides access to North American
Richmond National Group, Inc. raised $55 million in equity capital, expressing excitement for future opportunities.
From GlobeNewswire: 2024-05-20 08:29:00 Richmond National Group, Inc. successfully raised $55 million in common equity capital from existing shareholders to
S&P 500 Emini forms new all-time high, bulls looking for breakout, bears eyeing reversal
From Investing.com: 2024-05-20 08:08:00 The S&P 500 Emini Futures market traded higher this week, forming a new all-time high. Bulls
Coca-Cola Consolidated starts tender offer to repurchase shares and includes price range
From GlobeNewswire: 2024-05-20 08:00:00 Coca-Cola Consolidated, Inc. (NASDAQ: COKE) has announced a modified Dutch auction tender offer to purchase shares
Scorpio Tankers Inc. to make $223.6 million repayment on credit facility, lowering break even rates.
From GlobeNewswire: 2024-05-20 06:30:16 Scorpio Tankers Inc. (NYSE: STNG) announced approval from lenders to make a $223.6 million unscheduled repayment
Wall Street is cautiously optimistic about Cisco Systems' future potential despite recent underperformance.
From Barchart.: 2024-05-20 04:25:41 Despite Cisco Systems lagging behind its peers and the overall market in 2024, Wall Street analysts
AstraZeneca investing $1.5 billion in new manufacturing facility in Singapore for cancer treatments
From Nasdaq.: 2024-05-20 02:21:27 AstraZeneca plans to build a $1.5 billion manufacturing facility in Singapore for antibody drug conjugates (ADCs)
Asian stocks rise with U.S. indexes hitting records, oil prices climb
From Yahoo Finance: 2024-05-20 00:06:42 Asian stocks rose as U.S. indexes hit records. Dow Jones closed above 40,000 for the
Stock futures expected to open higher due to Federal Reserve, retail earnings, and housing data
From Barron’s: 2024-05-19 18:39:00 U.S. stocks are set to open higher on Monday with the release of the Federal Reserve’s
Fortinet's stock is down 11% despite revenue and income growth, but potential AI growth ahead.
From Yahoo Finance: 2024-05-19 14:38:00 Technology stock Fortinet (NASDAQ: FTNT) has been struggling, with shares down 11% in the past
Two dead, five missing after boat collision on Danube in Hungary, criminal investigation ongoing.
From Investing.com.: 2024-05-19 12:42:37 Two people were killed and five others missing after a small motor boat collided with a