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20 Dec 2024 20:00

Colombia's Central Bank Surprises Markets with Lower-than-Expected Rate Cut

Daily News

Forex - The Central Bank of Colombia (Banrep) unexpectedly slowed down the pace of interest rate cuts due to financial concerns weakening the country's currency a...

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20 Dec 2024 19:45

Number of Drilling Rigs in the U.S. Remains Steady for Two Consecutive Weeks

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Forex - The number of active oil and natural gas drilling rigs in the United States remained unchanged for the second consecutive week. According to a report shar...

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20 Dec 2024 19:40

CBRT Takes New Steps to Support the Decline in KKM Balances

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The Central Bank of the Republic of Turkey (CBRT) has taken new steps to support the decrease in the balance of the Currency Protected Deposit (CKD). According to...

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20 Dec 2024 19:26

Ironwood Pharmaceuticals Shares Surge Amid Rival's Troubles

Daily News

Investing.com -- Ironwood Pharmaceuticals shares rose by up to 32% today. This increase followed a significant development that could indirectly affect the compan...

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20 Dec 2024 19:14

Cytokinetics Shares Surge Following Sanofi's Acquisition of Rights

Daily News

Investing.com -- Cytokinetics, Incorporated (NASDAQ:CYTK) shares rose 4.8% after the company announced that Sanofi would acquire exclusive rights to develop and c...

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20 Dec 2024 18:47

Senators Call for Reevaluation of Biden's AI Chip Export Limits

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Investing.com -- The Biden administration's plan to limit the number of artificial intelligence (AI) chips that companies can establish in computing facilities in...

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20 Dec 2024 18:28

Northern Oil and Gas Sets Its Sights on Acquiring Granite Ridge Resources - Reuters

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Investing.com -- Minneapolis-based Northern Oil and Gas has made at least two acquisition offers for Granite Ridge Resources, a smaller U.S. producer operating in...

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20 Dec 2024 18:24

Cable One Shares Rise with Revised MBI Partnership

Daily News

Investing.com -- Cable One shares rose by up to 4.9% today, marking the largest daily increase since November 25. This increase came after the company announced a...

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20 Dec 2024 17:55

Billionaire McCourt Plans to Restructure TikTok with $20 Billion Bid

Daily News

American billionaire businessman Frank McCourt plans to significantly restructure the business model of the China-based short-form video application TikTok. Once ...

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20 Dec 2024 17:41

Volkswagen Reaches Agreement with Labor Union on Capacity Reduction, Avoiding Factory Closures

Daily News

Volkswagen AG has reached an agreement with labor leaders to reduce production capacity at its main brand while avoiding the closure of any factories during this ...

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20 Dec 2024 17:01

XPO and Old Dominion Stocks Decline Following FedEx's Downward Guidance

Daily News

XPO, Inc (NYSE: XPO) shares dropped by 4.2%, while Old Dominion Freight Line (NASDAQ: ODFL) and Saia, Inc. (NASDAQ: SAIA) shares fell by 2.4% and 1%, respectively...

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20 Dec 2024 16:09

Fed's Goolsbee Predicts Slower Rate Cuts in 2025

Daily News

Investing.com -- Chicago Federal Reserve President Austan Goolsbee stated on Friday that he expects the path for interest rate cuts in 2025 to be slower than prev...

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20 Dec 2024 15:57

UBS Forecasts S&P 500 to Reach 6,600 Despite Fewer Fed Rate Cuts

Daily News

Investing.com -- U.S. stocks stabilized on Thursday, while U.S. Treasury yields continued to rise. Market participants adjusted their expectations for a more grad...

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20 Dec 2024 15:53

Biden Administration to Blacklist Chinese Firm Over Illegal TSMC Chip Usage

Daily News

The Biden administration is preparing to add the Chinese chip designer Sophgo to the U.S. Commerce Department's Entity List, according to a source close to the ma...

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20 Dec 2024 15:46

Starbucks Shares Dip Amid Looming Barista Strike

Daily News

Investing.com -- Starbucks Corporation (NASDAQ:SBUX) shares fell by 0.75% due to potential strike threats from the company's unionized baristas. The union represe...

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20 Dec 2024 15:25

MARKET OVERVIEW - The Stock Market Concluded the Week with a Heavily Selling Trend

Daily News

Foreks - The BIST 100 index closed at 9,724.5 points, down 40.62 points for the day. According to the Foreks News survey, a closing increase of 10.65 points for t...

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20 Dec 2024 15:21

"Scaled Advertising Technology Players Experiencing Efficiency Gains, Says Macquarie"

Daily News

According to information shared by Macquarie on Friday, the advertising technology sector is showing progress in efficiency, with scaled players benefiting the mo...

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20 Dec 2024 15:17

Moscow-Kiev Gas Transit Agreement Fails, Leaving Europe's Supply in Uncertainty

Daily News

Investing.com -- According to a source from Azerbaijan's energy company SOCAR, negotiations between Moscow and Kiev have not reached an agreement to extend Russia...

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20 Dec 2024 15:14

Russia's Central Bank Keeps Key Interest Rate Steady at 21%

Daily News

Investing.com -- The Bank of Russia maintained its key interest rate at 21% on Friday, despite economists' expectations of an increase to 23%. This decision marks...

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20 Dec 2024 15:12

Why Are Natural Gas Prices Falling Today?

Daily News

Investing.com -- Initially rising natural gas prices fell today due to expectations of mild weather in the upcoming weeks. However, colder conditions are anticipa...

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