Sunday, 8 November 2026
Independent coverage of global markets, trade and finance
The U.S. military destroyed five Iranian crude oil tankers on Tuesday in retaliation for the Revolutionary Guard firing ballistic missiles at an American warship twice over the past two days, according to U.S. Central C…
The US Justice Department is widening its antitrust inquiry into Foxâs $22 billion acquisition of streaming platform Roku, people familiar with the matter said.
Palantir shares came under renewed selling pressure as a failed rebound, international contract concerns, stretched valuation expectations, and weakening technical momentum combined to send PLTR stock roughly 5% lower.
Crude oil is back above $90 and energy stocks in the S&P 500 index are approaching fresh 52-week highs as the group's year-to-date rally surpasses 40%.
Corning and Qualcomm rallied on Tuesday and brought a host of AI-related stocks along with them, as a pair of infrastructure deals lifted Wall Street's confidence that data center spending will remain strong.
August inflation report slated for release, plus earnings from Adobe and Oracle.
Fintel reports that on September 8, 2026, Keybanc upgraded their outlook for Sweetgreen (NYSE:SG) from Sector Weight to Overweight.
In trading on Tuesday, shares of the Nuveen High Yield Municipal Bond ETF (Symbol: NHYM) entered into oversold territory, changing hands as low as $24.15 per share. We define oversold territory using the Relative Streng…
In trading on Tuesday, specialty retail shares were relative laggards, down on the day by about 2.7%. Helping drag down the group were shares of Rent The Runway, down about 9.6% and shares of Titan Machinery, down about…
As anticipated in our last global economic outlook, elections around the world have driven notable policy changes that altered the trajectories of inflation, borrowing costs, currency values, and trade and capital flows…
The great Jim Cramer is often found of saying, "It doesn't matter where a stock has been, only where it's going." It's fantastic advice, and worth remembering when looking at shares of Vertiv Holdings.
Qualcomm shares rose 4% on Tuesday after the company announced a data center infrastructure partnership with Amazon Web Services, a major win as the chipmaker tries to take on Nvidia in the artificial intelligence marke…
The Treasury Department on Tuesday sanctioned 27 Iranian airlines and a handful of other entities as part of its ongoing effort to isolate Iran's economy.
On June 16, the Dow achieved a new milestone. The index advanced 0.64% or 328.64 points to close at a record high of 51,999.67. At intraday high, the blue-chip index touched an all-time high of 52,190.29. The index touc…
The ABM Board declared a cash dividend of $0.29 per common share, payable on November 2, 2026, to shareholders of record on October 1, 2026.
New Hampshire voters head to the polls Tuesday to nominate candidates for a key U.S. Senate race to replace the retiring Democratic Sen. Jeanne Shaheen. Both Democrats and Republicans are aiming to win the seat in their…
In trading on Tuesday, the Global X Copper Miners ETF is outperforming other ETFs, up about 5.5% on the day. Components of that ETF showing particular strength include shares of Ivanhoe Electric, up about 12.5% and shar…
Huawei and Xiaomi this week rolled out their latest foldable phones as the Chinese tech giants look to steal a lead on rival Apple, which is rumored to launch its first foldable iPhone on Wednesday.
In trading on Tuesday, semiconductors shares were relative leaders, up on the day by about 5.9%. Leading the group were shares of Marvell Technology, up about 27.3% and shares of Magnachip Semiconductor up about 21.9% o…
American patients would ultimately bear the cost of President Donald Trump's threatened tariffs on generic drugs, the CEO of Swiss pharmaceutical company Sandoz told CNBC, warning that manufacturers could be forced to r…
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.
On Feb. 10, an AI founder named Matt Shumer published a 5,000-word essay arguing that most of the world was sleepwalking into a crisis akin to coronavirus, but only tech people knew what was coming. The essay would be v…
The yen strengthened to the 153 level against the dollar in Tokyo foreign exchange trading on the 8th, reaching its highest level against the greenback in roughly six months since February. Expectations for an accelerat…
Inflation trends during the Trump and Biden administrations have reflected very different economic backdrops. In Trump’s first term, inflation remained relatively subdued and generally stayed near the Federal Reserve’s …