New miscellaneous

Pre-Market Stock Market Highlights: Taiwan Semiconductor, Insulet, Paramount Global and More

Pre-Market Stock Market Highlights: Taiwan Semiconductor, Insulet, Paramount Global and More

More news - Latest news In today's pre-market trading, several stocks have caught investors' attention due to notable fluctuations. Major players such as Taiwan Semiconductor, Insulet, and Paramount Global are leading the way, indicating potential changes in market dynamics as the trading day unfolds. This article explores these movements and their implications for investors. Key stock analysis Taiwan Semiconductors:Taiwan Semiconductor, a leader in the semiconductor industry, has seen a significant rise in its stock price during pre-market hours. This move likely reflects recent announcements about advances in chip technology and potentially lucrative contracts with major technology companies. Investors are interested…
Read More
Stellantis Announces Job Cuts as Ram ‘Classic’ Model Ends Production

Stellantis Announces Job Cuts as Ram ‘Classic’ Model Ends Production

More news - Breaking news Stellantis, a major player in the automotive industry, has announced plans to lay off approximately 2,450 jobs in the United States by the end of the year. This decision is in line with the end of production of the Ram 1500 'Classic' model at its Michigan plant. Since its debut following the launch of a new Ram 1500 model in 2018, the “Classic” variant has been an affordable option for early buyers and commercial fleets. This vehicle is produced at the Warren Truck Assembly Plant, which also produces models such as the Jeep Wagoneer and…
Read More
Paramount Global significantly cuts U.S. workforce as Q2 earnings lift shares

Paramount Global significantly cuts U.S. workforce as Q2 earnings lift shares

Related media - News 24 hours Paramount Global has announced a 15% reduction in its U.S. workforce, in line with a global cost-cutting strategy in anticipation of its upcoming merger with Skydance Media. The company disclosed plans to achieve $500 million in cost savings, contributing to a larger $2 billion in synergies expected from its merger with Skydance. The upcoming layoffs, scheduled to begin soon and be completed by the end of the year, will primarily affect departments such as marketing, communications, finance, legal, technology and other support roles, the company noted in its recent earnings conference call. Last month,…
Read More
Jamie Dimon Predicts Recession Likely Despite Potential for Economic Stability

Jamie Dimon Predicts Recession Likely Despite Potential for Economic Stability

Related media - Breaking news In a recent interview, JPMorgan Chase CEO Jamie Dimon reiterated his view that a U.S. recession remains a likely outcome, assigning a 35% to 40% chance for a mild economic downturn. That reflects his consistent stance since February, when he expressed skepticism about the market’s overly positive sentiment on recession risks. In his conversation with CNBC’s Leslie Picker, Dimon stressed that his assessment remains unchanged, highlighting ongoing global and domestic challenges that could impact economic stability. These include geopolitical tensions, housing market fluctuations, government deficits, and policy actions such as quantitative tightening and upcoming elections,…
Read More
June Unemployment Rates Rise for Women Across Racial Groups, Fall for Men

June Unemployment Rates Rise for Women Across Racial Groups, Fall for Men

Related media - Recent news Unemployment rates among white, black and Hispanic women rose in June, in line with broader economic trends, according to data released Friday by the Labor Department. White adult women saw a slight increase in unemployment, from 3.0% in May to 3.1% in June. Black women saw their unemployment rate increase from 5.2% to 5.7%, while Hispanic women saw an increase from 4.1% to 4.5%. Overall, the national unemployment rate rose to 4.1%, from 4.0% last month. In contrast, unemployment rates for men in all three racial groups declined. The rate for white men fell to…
Read More
Mid-Day Market Movers: Robinhood, Nvidia, Intel, and More

Mid-Day Market Movers: Robinhood, Nvidia, Intel, and More

Related media - Recent news The stock market is seeing significant fluctuations today, with several major companies experiencing notable mid-day moves. Major players making headlines include Robinhood, Nvidia, Intel, and a few other major stocks. Here’s a closer look at what’s driving these changes: Robin Hood: The trading platform's shares are on the move following recent announcements that have impacted its user engagement and financial outlook. Nvidia:The tech giant is seeing activity as investors react to the latest developments in artificial intelligence technology and demand for semiconductors. Intel:The semiconductor manufacturer is experiencing fluctuations in its stock price due to new…
Read More
Venu Sports: Can a New Sports Streaming Service Justify Its Price?

Venu Sports: Can a New Sports Streaming Service Justify Its Price?

More news - Breaking news Washington DC — Sports streaming service Venu, priced at $42.99 a month, faces a major marketing challenge: finding its audience. Venu, jointly owned by Disney, Fox and Warner Bros. Discovery, announced Thursday that it will launch this fall. While it’s more expensive than services like NetflixMax and Peacock, it costs less than YouTube TV at $73 a month or a standard cable package, but those include a wider variety of entertainment, not just sports. Venu will provide access to a selection of networks: ESPN, ESPN2, ESPNU, SECN, ACCN, ESPNEWS, ABC, Fox, FS1, FS2, BTN, TNT,…
Read More
Top Mid-Day Movers: Shake Shack, CH Robinson, Mobileye Global, More

Top Mid-Day Movers: Shake Shack, CH Robinson, Mobileye Global, More

Related media - News 24 hours Here are some of the stocks that saw significant mid-day fluctuations: Shake Shack: The popular fast food chain saw a significant move in its stock price as investors reacted to its recent earnings reports and market trends. Italian: The logistics company's shares have seen some volatility, influenced by industry developments and financial performance updates. Mobileye Global: The technology company's shares have seen considerable activity, driven by new product announcements and strategic partnerships. Stay tuned for more updates on these and other key headlines throughout the trading day. You may also be interested in -…
Read More
Kohl’s Seeks to Attract Young Families, Increase Sales with Babies R Us Partnership

Kohl’s Seeks to Attract Young Families, Increase Sales with Babies R Us Partnership

Related media - Breaking news Kohl's plans to open 200 stores in its facilities by the end of September. The retailer will sell a wide variety of baby items, including strollers, car seats and cribs. WOODLAND PARK, NJ — Kohl's is targeting smaller retailers to boost sales. The retailer will open Babies R Us stores in its locations nationwide starting this week and plans to have 200 by the end of September. The stores will offer a variety of baby items the company has never sold before, including shampoo, strollers and car seats. Previously, Kohl's only sold baby clothing. With…
Read More
What to expect from Friday’s crucial jobs report

What to expect from Friday’s crucial jobs report

Related media - Latest news The U.S. labor market is expected to show signs of cooling in July, due to the gradual economic slowdown and the impact of Hurricane Beryl on hiring rates. The Labor Department’s July nonfarm payrolls report, due Friday at 8:30 a.m. ET, is expected to reflect this slight decline. However, the expected decline is in line with the Federal Reserve’s strategy for a controlled economic slowdown. “If the Fed was aiming for a soft landing, it looks like it’s done it,” said Mike Reynolds, vice president of investment strategy at Glenmede. “We’re seeing some weakness in…
Read More