The U.S. economy generated about 272,000 jobs in May, significantly surpassing analysts’ expectations of 185,000. This unexpected surge in job creation led to concerns among investors that the Federal Reserve may delay interest rate cuts. As a result, the benchmark S&P 500 experienced fluctuations in the immediate aftermath of the report, with U.S. Treasury yields
Games
It was recently announced that Suzanne Collins will be releasing another Hunger Games novel, set to debut on March 18, 2025. With this exciting news, it comes as no surprise that Lionsgate has given the green light for another movie in the franchise. The film adaptation of the upcoming prequel, titled “The Hunger Games: Sunrise
Nvidia made headlines on Wednesday when it briefly surpassed Apple in market cap during intraday trading. This milestone comes as the chipmaker solidifies its position as the primary beneficiary of the artificial intelligence boom. With a market cap of $3.007 trillion, Nvidia is now on track to become the second most valuable U.S. company, overtaking
The recent report showing a fall in job openings to a three-year low has caused a shift in the U.S. stock market. As of late, the Dow Jones Industrial Average rose by 203 points, reflecting a 0.5% increase, the S&P 500 gained 0.3%, and the NASDAQ Composite added 0.3%. This unexpected decline in job openings
Bath & Body Works recently experienced a significant drop in their stock price, with a 14% decline marking their worst day since 2021. This decline followed the release of first-quarter earnings and revenue that beat estimates, however, the company offered a disappointing outlook for the second quarter. With earnings expected to be lower than anticipated,
The pre-market trading session has revealed a significant surge in GameStop’s stock, with a remarkable over 77% increase. This surge comes amid speculation that Keith Gill, famously known as Roaring Kitty, holds a stake in GameStop worth $116 million. On the other hand, AMC Entertainment has also seen a notable rise of about 25% in
GameStop, a video game retailer, saw a significant increase in its shares by almost 23% after announcing that it made approximately $933 million from a stock sale. Gambling Stocks DraftKings and U.S.-traded shares of FanDuel parent company Flutter Entertainment experienced a decline of 10% and 7% respectively. This drop was attributed to the Illinois Senate
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